Modeling Hub→Real Estate Financial Modeling
🏗️ REFM

Real Estate Financial Modeling

Institutional-grade real estate development feasibility - from land to exit.

✓ LIVE - Available Now
Launch Platform →← Back to Modeling Hub
6
Modules
10+
Asset Classes
100%
Free to Use
Excel + PDF
Export Formats

What This Platform Covers

The Real Estate Financial Modeling platform (REFM) is a structured, guided tool that takes you through every stage of a development feasibility - from project setup and land acquisition through to revenue projections, operating costs, financing structures, and final investor returns.

Built for multi-asset development projects including residential, hospitality, and retail, the platform produces institutional-grade outputs ready for investor presentation, lender submission, or internal board review. Every assumption is clearly flagged, every calculation is traceable, and every output is formatted for professional presentation.

What This Platform Covers

Who Is It For

✓Real Estate Developers & Project Sponsors
✓Investment Managers & Portfolio Managers
✓Real Estate Analysts & Associates
✓Lenders & Credit Analysts
✓Family Offices with Real Estate Exposure
✓Advisory Firms Supporting RE Transactions

What You Get

✓Multi-asset project structure (residential, hospitality, retail) with configurable unit mix
✓Full development cost schedule with hard costs, soft costs, land, and contingencies
✓Debt and equity financing schedules with interest capitalization and cash sweep mechanics
✓Revenue projections by asset class - unit sales, room revenue, lease income
✓Operating expense modelling by asset with benchmark comparisons
✓IRR and NPV calculations - project returns, equity returns, and scenario analysis
✓Full financial statements - income statement, balance sheet, and cash flow
✓One-click export to formula-linked Excel workbook and investor-ready PDF report

Step-by-Step Module Guide

Build your model module by module - each unlocks when you complete the previous step.

1
Module 1: Module 1 Project SetupCOMPLETE

Define project structure, land allocation, costs, and financing on a foundation built for institutional real estate financial modeling.

Project hierarchy: Project to Phases to Assets to Sub-units14 project types from Residential to Data Center to MarinaMAAD-spec accounting with Sell, Operate, Lease, and Sell + Manage strategiesNSA / BUA / GFA area hierarchy with custom cost rates per sub-unitMulti-parcel land allocation with optional NDA deductionPer-asset cost lines with 13+ calculation methods and 6 phasing curves
✅ Available Now
2
Module 2: Module 2, RevenuePLANNED

Cohort-based sales collection, hospitality USAH revenue, retail NOI, and Sell + Manage management fees layered on Module 1 asset structure.

Cohort sales schedules with escrow and milestone collectionHospitality USAH (occupancy, ADR, RevPAR, F&B contribution)Retail and office NOI with rent escalationsSell + Manage: management fee revenue post-handoverAnnual revenue inputs with flexible output granularity
📋 Coming Soon
3
Module 3: Module 3, OpExPLANNED

Operating expenses, payroll, marketing, and fixed-cost schedules driving cash flow over the operations window.

Per-asset OpEx schedules with category breakdownFixed and variable cost split with revenue-driven scalingInflation indexation per categoryNet Operating Income (NOI) computation
📋 Coming Soon
4
Module 4: Module 4, ReturnsPLANNED

IRR, NPV, MoIC, DSCR, equity multiples, and stabilised yield analysis.

Levered and unlevered IRR / NPVMoIC and equity multipleDSCR sensitivityStabilised yield on cost
📋 Coming Soon
5
Module 5: Module 5, FinancialsPLANNED

Three-statement model: P&L, cash flow, and balance sheet with capitalization respecting Module 1 accounting rules.

GAAP / IFRS three-statement modelCapex flowing to COGS or Fixed Assets per asset strategyLand never depreciates, stays at cost on balance sheetOperational phase opening balances from historical baseline
📋 Coming Soon
6
Module 6: Module 6, ReportsPLANNED

Investment committee deck, lender package, and portfolio one-pager with PDF export.

IC deck PDF exportLender package with debt service schedulesPortfolio one-pagerCustom report builder
📋 Coming Soon
7
Module 7: Module 7, ScenariosPLANNED

Side-by-side scenario comparison with toggle assumptions and sensitivity tables.

Side-by-side base / upside / downsideOne-variable and two-variable sensitivity tablesTornado charts on key drivers
📋 Coming Soon
8
Module 8: Module 8, PortfolioPLANNED

Roll-up across multiple projects with consolidated returns and waterfall.

Multi-project roll-upConsolidated returnsSponsor / LP waterfall
📋 Coming Soon
9
Module 9: Module 9, Market DataPLANNED

Live market comps, Saudi-specific data layer, and AI-driven assumption suggestions.

Saudi market comps (rents, sale prices, occupancy)AI assumption suggestionsCap rate library
📋 Coming Soon
10
Module 10: Module 10, CollaboratePLANNED

Multi-user editing, comments, and approval workflows for IC and lender review.

Multi-user concurrent editingIn-cell comments and threadsIC approval workflowVersion compare across users
📋 Coming Soon
11
Module 11: Module 11, API AccessPLANNED

Programmatic access to your models for portfolio dashboards and downstream BI integration.

REST API for project stateWebhook events on save / versionBulk export to BI toolsCustom integrations
📋 Coming Soon
Asset Class Coverage

Supported Real Estate Asset Classes

Each asset class ships with its own input templates, KPIs and benchmarks. Mix multiple classes within a single project for mixed-use developments.

🏘️
Residential
Apartments, villas, townhouses, compounds. Unit mix, sellable area, phased delivery, sales revenue, equity paydown, IRR.
🏨
Hospitality
Hotels, serviced apartments, resorts. Room count, ADR, occupancy, RevPAR, operator structures, management fees.
🛍️
Retail
Malls, strip retail, F&B pads. GLA, tenant mix, lease terms, passing rent, reversionary yield, anchor tenants.
🏢
Commercial Office
Office buildings, business parks, co-working. NLA, WALE, cap rate, lease expiry profile, vacancy assumptions.
🏭
Industrial & Logistics
Warehouses, logistics hubs, cold storage, manufacturing. Industrial yields and escalation clauses.
💾
Data Centers
Colocation, hyperscale, edge. Power (MW), rack units, PUE, OPEX modeling, cloud revenue streams.
🏗️
Construction & Infrastructure
Civil works, master plans, mixed developments. Cost phasing, contractor payments, milestone billing.

Ready to build your model?

Start with Module 1 - free, structured, and ready to use right now.

Launch Platform Free →