Cambridge Finance

Cambridge Finance The School of Applied Real Estate Finance

๐…๐ข๐ง๐š๐ง๐œ๐ข๐š๐ฅ ๐Œ๐จ๐๐ž๐ฅ๐ฅ๐ข๐ง๐  ๐…๐ซ๐ข๐๐š๐ฒ ๐Ÿ“Š๐Ÿงฎ ๐Ž๐ง๐ž ๐…๐จ๐ซ๐ฆ๐ฎ๐ฅ๐š ๐„๐ฏ๐ž๐ซ๐ฒ ๐‘๐ž๐š๐ฅ ๐„๐ฌ๐ญ๐š๐ญ๐ž ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ญ ๐’๐ก๐จ๐ฎ๐ฅ๐ ๐Š๐ง๐จ๐ฐ๐๐ซ๐จ๐ฉ๐ž๐ซ๐ญ๐ฒ ๐•๐š๐ฅ๐ฎ๐ž = ๐๐Ž๐ˆ รท ๐„๐ฑ๐ข๐ญ ๐˜๐ข๐ž๐ฅ๐Let's ma...
21/08/2026

๐…๐ข๐ง๐š๐ง๐œ๐ข๐š๐ฅ ๐Œ๐จ๐๐ž๐ฅ๐ฅ๐ข๐ง๐  ๐…๐ซ๐ข๐๐š๐ฒ ๐Ÿ“Š

๐Ÿงฎ ๐Ž๐ง๐ž ๐…๐จ๐ซ๐ฆ๐ฎ๐ฅ๐š ๐„๐ฏ๐ž๐ซ๐ฒ ๐‘๐ž๐š๐ฅ ๐„๐ฌ๐ญ๐š๐ญ๐ž ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ญ ๐’๐ก๐จ๐ฎ๐ฅ๐ ๐Š๐ง๐จ๐ฐ

๐๐ซ๐จ๐ฉ๐ž๐ซ๐ญ๐ฒ ๐•๐š๐ฅ๐ฎ๐ž = ๐๐Ž๐ˆ รท ๐„๐ฑ๐ข๐ญ ๐˜๐ข๐ž๐ฅ๐

Let's make it simple:

๐Ÿข ๐€๐ง๐ง๐ฎ๐š๐ฅ ๐๐Ž๐ˆ: ยฃ500,000
๐Ÿ“Š ๐„๐ฑ๐ข๐ญ ๐˜๐ข๐ž๐ฅ๐: 5%

ยฃ๐Ÿ“๐ŸŽ๐ŸŽ,๐ŸŽ๐ŸŽ๐ŸŽ รท ๐Ÿ“% = ยฃ๐Ÿ๐ŸŽ ๐ฆ๐ข๐ฅ๐ฅ๐ข๐จ๐ง

So, the implied property value is ยฃ๐Ÿ๐ŸŽ๐ฆ.

But here's the important part ๐Ÿ‘‡

If the exit yield changes to ๐Ÿ”%:

ยฃ๐Ÿ“๐ŸŽ๐ŸŽ,๐ŸŽ๐ŸŽ๐ŸŽ รท ๐Ÿ”% = ยฃ๐Ÿ–.๐Ÿ‘๐Ÿ‘๐ฆ

That's a ยฃ๐Ÿ.๐Ÿ”๐Ÿ•๐ฆ ๐๐ข๐Ÿ๐Ÿ๐ž๐ซ๐ž๐ง๐œ๐ž ๐ข๐ง ๐ฏ๐š๐ฅ๐ฎ๐ž from just a 1% change in the yield.

๐Ÿ’ก ๐Œ๐จ๐๐ž๐ฅ๐ฅ๐ข๐ง๐  ๐ฅ๐ž๐ฌ๐ฌ๐จ๐ง:
Small changes in key assumptions can have a significant impact on your investment returns.

๐๐ฎ๐ž๐ฌ๐ญ๐ข๐จ๐ง:

๐ˆ๐Ÿ ๐ญ๐ก๐ž ๐ž๐ฑ๐ข๐ญ ๐ฒ๐ข๐ž๐ฅ๐ ๐ข๐ง๐œ๐ซ๐ž๐š๐ฌ๐ž๐ฌ, ๐ฐ๐ก๐š๐ญ ๐ก๐š๐ฉ๐ฉ๐ž๐ง๐ฌ ๐ญ๐จ ๐ญ๐ก๐ž ๐ฉ๐ซ๐จ๐ฉ๐ž๐ซ๐ญ๐ฒ ๐ฏ๐š๐ฅ๐ฎ๐ž?

๐€๏ธ it increases
๐๏ธ It decreases
๐‚๏ธ It stays the same
๐ƒ๏ธ It depends

๐Ÿ‘‡ ๐‚๐จ๐ฆ๐ฆ๐ž๐ง๐ญ ๐ฒ๐จ๐ฎ๐ซ ๐š๐ง๐ฌ๐ฐ๐ž๐ซ!

๐…๐ข๐ง๐š๐ง๐œ๐ข๐š๐ฅ ๐Œ๐จ๐๐ž๐ฅ๐ฅ๐ข๐ง๐  ๐…๐ซ๐ข๐๐š๐ฒ ๐Ÿ“Š๐Ÿ”Ž ๐’๐ฉ๐จ๐ญ ๐ญ๐ก๐ž ๐Œ๐จ๐๐ž๐ฅ๐ฅ๐ข๐ง๐  ๐Œ๐ข๐ฌ๐ญ๐š๐ค๐žYouโ€™re reviewing a real estate investment model and notice this:...
14/08/2026

๐…๐ข๐ง๐š๐ง๐œ๐ข๐š๐ฅ ๐Œ๐จ๐๐ž๐ฅ๐ฅ๐ข๐ง๐  ๐…๐ซ๐ข๐๐š๐ฒ ๐Ÿ“Š

๐Ÿ”Ž ๐’๐ฉ๐จ๐ญ ๐ญ๐ก๐ž ๐Œ๐จ๐๐ž๐ฅ๐ฅ๐ข๐ง๐  ๐Œ๐ข๐ฌ๐ญ๐š๐ค๐ž

Youโ€™re reviewing a real estate investment model and notice this:

๐๐ฎ๐ซ๐œ๐ก๐š๐ฌ๐ž ๐๐ซ๐ข๐œ๐ž: ยฃ10m
๐€๐ง๐ง๐ฎ๐š๐ฅ ๐๐Ž๐ˆ: ยฃ600k
๐„๐ฑ๐ข๐ญ ๐˜๐ข๐ž๐ฅ๐: 5%

The analyst calculates:

ยฃ๐Ÿ”๐ŸŽ๐ŸŽ๐ค รท ๐Ÿ“% = ยฃ๐Ÿ๐Ÿ๐ฆ ๐„๐ฑ๐ข๐ญ ๐•๐š๐ฅ๐ฎ๐ž

Looks rightโ€ฆ but thereโ€™s a problem.

โ“ ๐‚๐š๐ง ๐ฒ๐จ๐ฎ ๐ฌ๐ฉ๐จ๐ญ ๐ข๐ญ?

๐Ÿ’ก ๐‡๐ข๐ง๐ญ: ๐“๐ก๐ž ๐ข๐ฌ๐ฌ๐ฎ๐ž ๐ข๐ฌ๐ง'๐ญ ๐ญ๐ก๐ž ๐Ÿ๐จ๐ซ๐ฆ๐ฎ๐ฅ๐š. ๐ˆ๐ญ'๐ฌ ๐ญ๐ก๐ž ๐š๐ฌ๐ฌ๐ฎ๐ฆ๐ฉ๐ญ๐ข๐จ๐ง.

๐–๐ก๐š๐ญ ๐ฐ๐จ๐ฎ๐ฅ๐ ๐ฒ๐จ๐ฎ ๐œ๐ก๐ž๐œ๐ค ๐›๐ž๐Ÿ๐จ๐ซ๐ž ๐š๐œ๐œ๐ž๐ฉ๐ญ๐ข๐ง๐  ๐ญ๐ก๐ž ยฃ๐Ÿ๐Ÿ๐ฆ ๐ž๐ฑ๐ข๐ญ ๐ฏ๐š๐ฅ๐ฎ๐ž?

๐€๏ธ Is the NOI sustainable?
๐ Is the exit yield realistic?
๐‚๏ธ Are both A & B important?
๐ƒ๏ธ Nothing โ€” the calculation is correct.

๐Ÿ‘‡ ๐‚๐จ๐ฆ๐ฆ๐ž๐ง๐ญ ๐ฒ๐จ๐ฎ๐ซ ๐š๐ง๐ฌ๐ฐ๐ž๐ซ!

๐…๐ข๐ง๐š๐ง๐œ๐ข๐š๐ฅ ๐ฆ๐จ๐๐ž๐ฅ๐ฅ๐ข๐ง๐  ๐ข๐ฌ๐ง'๐ญ ๐ฃ๐ฎ๐ฌ๐ญ ๐š๐›๐จ๐ฎ๐ญ ๐ ๐ž๐ญ๐ญ๐ข๐ง๐  ๐ญ๐ก๐ž ๐Ÿ๐จ๐ซ๐ฆ๐ฎ๐ฅ๐š ๐ซ๐ข๐ ๐ก๐ญ. ๐ˆ๐ญ'๐ฌ ๐š๐›๐จ๐ฎ๐ญ ๐œ๐ก๐š๐ฅ๐ฅ๐ž๐ง๐ ๐ข๐ง๐  ๐ญ๐ก๐ž ๐š๐ฌ๐ฌ๐ฎ๐ฆ๐ฉ๐ญ๐ข๐จ๐ง๐ฌ ๐›๐ž๐ก๐ข๐ง๐ ๐ญ๐ก๐ž ๐ง๐ฎ๐ฆ๐›๐ž๐ซ๐ฌ.

๐ŸŽ“ ๐’๐ข๐ฑ ๐˜๐ž๐š๐ซ๐ฌ ๐š๐ญ ๐ˆ๐„. ๐–๐ก๐š๐ญ ๐š ๐ฃ๐จ๐ฎ๐ซ๐ง๐ž๐ฒ ๐ข๐ญ ๐ก๐š๐ฌ ๐›๐ž๐ž๐ง!Today, ๐Œ๐š๐ซ๐ข๐š is celebrating six incredible years at ๐ˆ๐„ ๐”๐ง๐ข๐ฏ๐ž๐ซ๐ฌ๐ข๐ญ๐ฒโ€”a journe...
03/08/2026

๐ŸŽ“ ๐’๐ข๐ฑ ๐˜๐ž๐š๐ซ๐ฌ ๐š๐ญ ๐ˆ๐„. ๐–๐ก๐š๐ญ ๐š ๐ฃ๐จ๐ฎ๐ซ๐ง๐ž๐ฒ ๐ข๐ญ ๐ก๐š๐ฌ ๐›๐ž๐ž๐ง!

Today, ๐Œ๐š๐ซ๐ข๐š is celebrating six incredible years at ๐ˆ๐„ ๐”๐ง๐ข๐ฏ๐ž๐ซ๐ฌ๐ข๐ญ๐ฒโ€”a journey filled with learning, growth, and the privilege of working alongside exceptional students and colleagues.

๐Œ๐š๐ซ๐ข๐š is deeply honored and humbled to have been ๐ง๐จ๐ฆ๐ข๐ง๐š๐ญ๐ž๐ ๐Ÿ๐จ๐ซ ๐ญ๐ก๐ž ๐๐ž๐ฌ๐ญ ๐๐ซ๐จ๐Ÿ๐ž๐ฌ๐ฌ๐จ๐ซ ๐€๐ฐ๐š๐ซ๐ by the students of the ๐†๐Œ๐‘๐„๐ƒ ๐œ๐จ๐ก๐จ๐ซ๐ญ (๐ƒ๐ž๐œ๐ž๐ฆ๐›๐ž๐ซ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ“). This recognition means so much because it comes from the very people who have made teaching such a rewarding experience.

Over the past six years, she had the opportunity to learn just as much from my students as they've learned from her. Their curiosity, dedication, and ambition continue to inspire her every day.

A heartfelt thank you to ๐Œ๐š๐ซ๐ ๐š๐ซ๐ข๐ญ๐š ๐‚๐ก๐ข๐œ๐ฅ๐š๐ง๐š, whose leadership helped build the strong foundations of the GMRED program, and congratulations to ๐„๐ง๐ซ๐ข๐ช๐ฎ๐ž ๐”๐ฌ๐ž๐ on his new role. We look forward to seeing the program continue to grow and thrive under his leadership.

Maria is also incredibly grateful to the leadership at ๐ˆ๐„ ๐”๐ง๐ข๐ฏ๐ž๐ซ๐ฌ๐ข๐ญ๐ฒ and to her wonderful colleagues for their trust, encouragement, and support throughout this journey.

To every GMRED studentโ€”past and presentโ€”thank you for allowing Maria to be part of their learning journey. Their nomination is an honor she'll always treasure.

Here's to celebrating the past six years and looking forward to many more exciting chapters ahead. ๐Ÿ’™

๐Ÿšจ ๐…๐ข๐ง๐š๐ง๐œ๐ข๐š๐ฅ ๐Œ๐จ๐๐ž๐ฅ๐ฅ๐ข๐ง๐  ๐…๐ซ๐ข๐๐š๐ฒEven experienced analysts can make modelling mistakesโ€”but the best models are built to minim...
31/07/2026

๐Ÿšจ ๐…๐ข๐ง๐š๐ง๐œ๐ข๐š๐ฅ ๐Œ๐จ๐๐ž๐ฅ๐ฅ๐ข๐ง๐  ๐…๐ซ๐ข๐๐š๐ฒ

Even experienced analysts can make modelling mistakesโ€”but the best models are built to minimise them.

๐–๐ก๐ข๐œ๐ก ๐จ๐Ÿ ๐ญ๐ก๐ž๐ฌ๐ž ๐ข๐ฌ ๐ญ๐ก๐ž ๐ฆ๐จ๐ฌ๐ญ ๐œ๐จ๐ฆ๐ฆ๐จ๐ง ๐Ÿ๐ข๐ง๐š๐ง๐œ๐ข๐š๐ฅ ๐ฆ๐จ๐๐ž๐ฅ๐ฅ๐ข๐ง๐  ๐ž๐ซ๐ซ๐จ๐ซ ๐ฒ๐จ๐ฎ'๐ฏ๐ž ๐œ๐จ๐ฆ๐ž ๐š๐œ๐ซ๐จ๐ฌ๐ฌ?

๐Ÿ”น Hardcoded numbers hidden within formulas
๐Ÿ”น Incorrect dates affecting XIRR calculations
๐Ÿ”น Broken or inconsistent cell references
๐Ÿ”น Assumptions that aren't linked across the model

A well-structured financial model isn't just about getting the right answerโ€”it's about creating a model that is transparent, auditable, and easy to update as assumptions change.

๐Ÿ’ฌ ๐–๐ก๐ข๐œ๐ก ๐ฆ๐ข๐ฌ๐ญ๐š๐ค๐ž ๐๐จ ๐ฒ๐จ๐ฎ ๐ฌ๐ž๐ž ๐ฆ๐จ๐ฌ๐ญ ๐จ๐Ÿ๐ญ๐ž๐ง? Share your experience in the comments.

See the link below to get a detailed blog on your Financial Modelling mistakes.
https://vist.ly/5d63h

Looking to strengthen your real estate financial modelling skills? Explore our training courses:
๐Ÿ”— https://vist.ly/5d63j

Follow Cambridge Finance for more Excel tips, financial modelling insights, and real estate finance content.

I'm delighted to be speaking at ๐๐ซ๐จ๐ฉ๐“๐ž๐œ๐ก ๐‚๐จ๐ง๐ง๐ž๐œ๐ญ ๐„๐ฎ๐ซ๐จ๐ฉ๐ž ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ” this ๐’๐ž๐ฉ๐ญ๐ž๐ฆ๐›๐ž๐ซ as a guest speaker.The real estate industry ...
27/07/2026

I'm delighted to be speaking at ๐๐ซ๐จ๐ฉ๐“๐ž๐œ๐ก ๐‚๐จ๐ง๐ง๐ž๐œ๐ญ ๐„๐ฎ๐ซ๐จ๐ฉ๐ž ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ” this ๐’๐ž๐ฉ๐ญ๐ž๐ฆ๐›๐ž๐ซ as a guest speaker.

The real estate industry is changing at pace. From the impact of AI and evolving capital markets to new opportunities in asset classes such as data centres, alongside increasing sustainability and compliance demands, there has never been a more important time to come together and discuss what lies ahead.

I'll be joining leaders from across real estate, technology, and finance to explore the trends shaping our industry and share practical insights from ๐‚๐š๐ฆ๐›๐ซ๐ข๐๐ ๐ž ๐…๐ข๐ง๐š๐ง๐œ๐ž. I'm looking forward to engaging discussions, meaningful connections, and exchanging ideas that will help shape the future of real estate.

If you're planning to attend, I'd love to see you there.

๐Ÿ“ ๐ˆ๐ง๐ญ๐ž๐ซ๐‚๐จ๐ง๐ญ๐ข๐ง๐ž๐ง๐ญ๐š๐ฅ ๐‹๐จ๐ง๐๐จ๐ง โ€“ ๐“๐ก๐ž ๐Ž๐Ÿ
๐Ÿ“… ๐Ÿ—โ€“๐Ÿ๐ŸŽ ๐’๐ž๐ฉ๐ญ๐ž๐ฆ๐›๐ž๐ซ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ”

๐ŸŽŸ๏ธ ๐†๐ž๐ญ ๐ฒ๐จ๐ฎ๐ซ ๐ญ๐ข๐œ๐ค๐ž๐ญ๐ฌ ๐ก๐ž๐ซ๐ž: https://vist.ly/5cjzv

As a member of the CULS Real Estate Finance Forum, it's inspiring to see the Forum continue to bring together some of th...
24/07/2026

As a member of the CULS Real Estate Finance Forum, it's inspiring to see the Forum continue to bring together some of the brightest minds in real estate finance.

The latest event, "The Diversification of Real Estate Debt," explored how the evolving debt landscape is reshaping financing strategies and creating new opportunities across the market. Congratulations to the speakers, moderator, and everyone involved in making it such a valuable discussion.

Looking forward to seeing more insightful conversations from the Forum.

๐ŸŽฏ Landing your next role in Commercial Real Estate takes more than a good resume โ€” it takes a strategy.That's exactly wh...
13/07/2026

๐ŸŽฏ Landing your next role in Commercial Real Estate takes more than a good resume โ€” it takes a strategy.

That's exactly what we unpacked in our latest webinar, "Building a Strategy to Get Your Next CRE Job," with industry experts Maria and Lily ๐Ÿ™Œ

From positioning yourself in a competitive market to knowing exactly what CRE employers are looking for right now, this session was packed with practical, real-world advice for anyone serious about growing their CRE career.

Missed it live? Don't worry โ€” stay tuned for the replay ๐Ÿ“ฉ

Cambridge Finance extends a heartfelt thank you to McDermott, Will & Emery for generously hosting our event at 22 Bishop...
07/02/2025

Cambridge Finance extends a heartfelt thank you to McDermott, Will & Emery for generously hosting our event at 22 Bishopsgate in collaboration with SPR, VARi, and ReWomen.

As well as a big thank you to all our attendees for being part of this incredible event.

Will we see you at the next one?

It's that time of the year again!Our most popular and requested course, the Certificate in Real Estate Financial Modelli...
27/01/2025

It's that time of the year again!

Our most popular and requested course, the Certificate in Real Estate Financial Modelling will be running in February.

Now is your chance to reserve your space at a discount.

Follow the link in the comments for more!

In todayโ€™s competitive real estate market, securing funding can make or break your project. But did you know that real e...
13/01/2025

In todayโ€™s competitive real estate market, securing funding can make or break your project.

But did you know that real estate financial modelling could be the game changer?

Our latest blog dissects how a well-structured model does more than just crunch numbers, it builds trust, demonstrates professionalism, and speaks directly to what investors want: clarity, confidence, and compelling ROI.

๐Ÿ’ก Discover:

โœ… What real estate financial modelling is and why it matters.
โœ… Key components every financial model must include.
โœ… How it creates investor-ready presentations and improves risk management.
โœ… Real-world examples of how financial modelling secures funding.

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