Claude for Excel Underwriting
A hands-on workshop for acquisitions professionals, investors, developers, brokers, and operators looking to dramatically accelerate commercial real estate underwriting with Claude for Excel.
Underwriting still eats up hours that should go to sourcing, relationships, and judgment calls. Rent rolls are retyped by hand. Pro formas get rebuilt deal after deal. Screening a marginal site takes almost as long as underwriting a real one.
Claude for Excel changes that math.
In this fast-moving session, we'll go from start to finish: extracting rent rolls and T-12s directly from an offering memorandum, running a back-of-the-napkin deal screen, building a five-year value-add pro forma from scratch, and populating it with a live deal in minutes.
Then we'll push further, comparing base, upside, downside, and stress-case scenarios, auditing AI-generated models so you know what to trust, and building a custom Claude Skill loaded with your firm's acquisition criteria to create a repeatable underwriting workflow.
This isn't a theoretical AI session or a product demo. It's a practical walkthrough designed for people who underwrite commercial real estate and want to spend less time formatting spreadsheets and more time making investment decisions.
You'll leave with a working model, a reusable Claude Skill, and a faster path from OM to IC memo.
Participants will receive post-workshop access to our private Circle community, where we'll share the workshop recording, slides, templates, and additional implementation resources.
Who's teaching
Jake Heller
Co-Founder, AI for CRE Collective
Jake Heller is a licensed broker and contractor as well as the Co-Founder of AI for CRE Collective. He's a third-generation real estate developer whose family business has built 3,000+ units. He also co-founded an entitlement and permit expediting business that has facilitated 6,000+ unit approvals across Southern California. Through the AI for CRE Collective, Jake and his team test every AI tool so commercial real estate professionals don’t have to. The Collective's 700+ tool database, 8,000+ subscriber newsletter, and 2M+ monthly social media impressions help CRE firms adopt the technology reshaping the industry. The AI for CRE community now includes 780+ CRE professionals.
You'll learn how to
Extract underwriting inputs directly from offering memorandum
Skip the manual re-keying. See how Claude for Excel pulls rent rolls, T-12s, and other key financial information directly from an OM into a clean, usable spreadsheet.
Screen deals in minutes
Build a back-of-the-napkin underwrite fast enough to evaluate opportunities as they come in, so you spend your time on the deals worth pursuing.
Build value-add pro formas faster
Construct a five-year value-add pro forma inside Excel, with Claude helping build formulas, structure assumptions, and organize the model.
Populate new deals in minutes, not hours
Take a live deal from OM to a completed underwriting model by automatically mapping rent rolls, financials, assumptions, and outputs.
Compare multiple investment scenarios
Generate and evaluate base, upside, downside, and stress-case underwriting scenarios without rebuilding the model from scratch each time.
Audit AI-generated underwriting
Learn the checks and workflows that let you confidently review AI-generated models, ensuring speed never comes at the expense of accuracy.
Build a reusable underwriting assistant
Create a custom Claude Skill loaded with your firm's acquisition criteria so every opportunity is evaluated using the same framework.
What the workshop covers
From OM to Screened Deal
Pulling rent rolls and T-12s directly from offering memoranda. Cleaning and structuring extracted data for underwriting. Running an initial screening model to determine whether a deal deserves a full underwrite.
Building and Populating the Pro Forma
Structuring a five-year value-add model covering revenue, operating expenses, capital expenditures, debt, and exit assumptions. Mapping extracted OM data into the model and populating new deals in minutes.
Scenario Analysis and Model Auditing
Creating base, upside, downside, and stress-case scenarios. Auditing AI-generated formulas, assumptions, and outputs before a model reaches the investment committee.
Building Your Firm's Claude Skill
Understanding how Claude Skills work. Loading your firm's acquisition criteria into a reusable workflow. Testing and refining the Skill against live underwriting examples.
Integrating AI into Your Underwriting Process
How acquisitions teams can incorporate Claude into existing Excel models and underwriting workflows without replacing the systems they already use.
Who this is for
This workshop is designed for professionals who regularly evaluate commercial real estate investments and want to accelerate their underwriting workflow using AI.
Roles
Acquisitions analysts
Real estate investors
Developers
Commercial real estate brokers
Asset managers
Owners and operators
No programming or technical background is required. If you already underwrite deals in Excel, you'll be able to apply these workflows immediately.
Format & access
One live session
One hour via Zoom.
Post-workshop access via Circle
Within one week of the workshop concluding, all participants will receive an invitation to join our private Circle community. Inside, you'll find the workshop recording, slides, implementation resources, and any additional materials shared during the session.
A recording for everyone
Can't attend live? No problem. Every registered participant receives access to the recording, whether or not they attend the live workshop.
Slides & materials
Participants receive the workshop slides and supporting implementation resources used during the session.
Frequently asked questions
Do I need to already use Claude for Excel to take this workshop?
No. We'll walk through everything live, starting with how Claude works inside Excel before moving into the underwriting workflow itself.
Will I leave with a usable model and Claude Skill?
Yes. You'll receive the pro forma template built during the session along with a starting point for your own custom Claude Skill, not just a conceptual overview.
Is this relevant if my firm underwrites a different asset class than multifamily?
Yes. The workflow, from data extraction and initial screening to pro forma construction, scenario analysis, and Claude Skill development, applies across asset classes. The case study is illustrative, not exclusive.
Will recordings and materials be available afterward?
Yes. Every registered participant receives access to the recording, slides, and workshop materials, whether or not they attend live.
Within one week of the workshop concluding, you'll receive an invitation to join our private Circle community, where you'll be able to access the recording alongside all workshop resources.
Do I need a technical or programming background?
No. This workshop is designed for commercial real estate professionals, not software engineers. If you're comfortable underwriting deals in Excel, you'll be able to follow along and apply these workflows immediately.