Commercial Acquisition Pro Forma Model
The complete real estate financial model for commercial acquisitions. Model office, retail, industrial, warehouse, self-storage, and more.
Supported Commercial Property Types
The Commercial Acquisition Pro Forma Model is ready for due diligence on any commercial property type.
Why Choose TILT?
Built for real estate professionals who need depth, flexibility, and a model they can trust.
Depth & Professional Outputs
One model with the depth and functionality to handle your entire deal. Smart input features and a hyperlinked table of contents keep everything organized on a single input page, driving 50+ polished output sheets ready to present to investors, lenders, and partners.
Proven & Refined for Over a Decade
The same model, continuously enhanced and improved for 10+ years. Vetted and validated by hundreds of clients across every deal type. A model you can trust.
Not Cloud-Based, No Per-User Fees
No subscriptions, no per-seat licensing. Everyone at your company can use the model. Work offline, keep your data local, and TILT can customize it to fit your specific needs.
Free Technical Support
Get help with model questions directly from the person who built it. Fast response times and client feedback actively incorporated into model improvements.
Acquisition Pro Forma Features & Functionality
Built on proven institutional methodology with advanced Excel functionality that eliminates circular references and maximizes flexibility.
Base Functionality
Inputs & Smart Features
Inputs All on One Page
No hunting through tabs: all inputs displayed, categorized, and hyperlinked.
Show Only Rows with Data
One-click toggle to display only non-zero rows for clean, focused output.
Show/Hide Output Sheets
Easy toggle to display only the sheets you need for each presentation.
Print Selected Reports from TOC
Select and print multiple output reports as a packet directly from the table of contents.
Smart Uses and Sources
Unlike traditional models, ours understands timing and availability each month.
Auto Loan Interest Calculation
Accurately calculates loan interest without circular references or iterative calculations.
Input Error Check
Automatically detects common errors with clearly labeled warnings.
Flexible Input Methods
Enter values as $/SF, $/unit, $/month, or $total, whatever fits your workflow.
Hyperlinked Table of Contents
Navigate 50+ sheets instantly with a clickable, organized TOC.
Right-Click Sheet Reordering
Reorganize output sheets with a simple right-click menu, no dragging required.
Auto-Updating Sheet Names
Rename any sheet and the TOC updates automatically, no manual fixes.
Underwriting & Rent Roll
Commercial Tenant-by-Tenant Rent Roll
Input detailed lease terms for each commercial tenant with individual rent schedules, escalations, and expiration dates.
Vacancies, Concessions & Bad Debt
Factor in occupancy losses year by year for realistic revenue projections.
Commercial Rent Step-ups & Lease Structure
Model NNN, NN leases, rent abatements, TI's, and management and leasing assumptions for commercial tenants.
20 Different Unit Types per Property Segment
No limit on units of each type: scale your analysis to any property size.
Capital Stack & Partnership
Equity Recognition for Non-Cash Contributions
Acknowledge equity for land contributions or other non-cash assets contributed to the partnership.
Capacity for 6 Individual LPs and 3 Individual GPs
Detailed partnership structuring for complex joint ventures with up to 6 limited partners and 3 general partners.
Multiple Equity Distribution Methods
IRR waterfall, GP catch-up, fixed percentage, and other distribution methods for flexible profit-sharing structures.
Mezz Debt and Grants
Utilize multiple sources of financing alongside the acquisition loan.
Investment Returns & Exit
Flexible Exit Valuation
Set exit valuation based on cap rate or $ input for standard sales or specialized scenarios like land sales.
Comprehensive Sensitivity Analysis
Automatic "what-if" analysis on input assumptions for revenues, expenses, interest rates, and more.
Phased Renovations with Automatic Rent Increases
Schedule unit renovations over time with rent bumps that automatically apply when each phase completes.
Optional Additional Functionality
Any Property Combination
Support any mix of residential, commercial, and/or hotel in one model.
Multi-Date Exit
Sell different units at different dates over the project lifecycle.
Ready to Elevate Your Acquisition Analysis?
Get started with the industry's most comprehensive real estate acquisition model.
Frequently Asked Questions
A commercial acquisition pro forma model is the financial model used to underwrite the purchase of an existing commercial property. It forecasts tenant-level rents, operating expenses, value-add scenarios, refinancing, and exit returns. The TILT commercial acquisition model handles up to 20 commercial segments with lease-by-lease modeling, NNN versus gross structures, abatements, and TIs.
Yes. Up to 20 commercial segments per project, each with its own use type, square footage, rent structure, operating expenses, and exit assumption. Different segments can have different lease structures (NNN, gross, modified gross) and different escalation patterns.
Yes. Lease-by-lease modeling supports lease term, abatements, TI allowances, NNN versus gross, escalations, renewal probability, and downtime between leases. This is the standard underwriting depth for institutional commercial work.
TILT can upgrade the model to the mixed-use version. The same engine handles commercial plus residential plus hotel acquisitions in any combination.
Yes. Renovation premium, phased lease-up, rent increases on renovation completion, and up to 3 sequential refinances for cash-out or LTV-target events are all standard. Exit valuation works on cap rate, direct dollar input, or a stabilized NOI multiple.
TILT can customize the model. Specific lease structures, output variations, or commercial-segment logic the standard build does not cover get added by Justin for an hourly fee.
Most clients have their first acquisition running within an hour. Every TILT model purchase includes 1 hour of complimentary setup help with Justin.
Schedule a Free Call
Ready to elevate your real estate acquisition analysis? Fill out the form and our team will get back to you within one business day.
Why Choose TILT Analytics?
- 50+ professional output sheets
- Institutional-grade methodology
- Expert technical support
- Customization options available
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