Common questions.
A short overview of how our engagements work, what to expect, and how we structure client relationships.
- 01
What does InstitutionalModels™ do?
We build institutional-grade financial models for real estate investors, developers, and asset managers — from single-asset underwriting to portfolio-level platforms. Every engagement is built from the ground up to fit how your firm actually invests, reports, and makes decisions.
- 02
Who do you typically work with?
Our clients typically manage between $200M and $5B in assets. At that scale, a model needs to do more than underwrite — it needs to align with internal processes, reporting structures, and existing systems.
- 03
How is this different from hiring an analyst?
Strong analysts naturally move toward deal formation, and the platform work that would compound their productivity often falls off. We bring the care and attention to detail that busy internal teams rarely have the bandwidth to apply, and we specialize in building systems that reduce friction on future deals — not just this one.
- 04
Do you sign NDAs?
Yes. Client confidentiality is of the utmost importance to our practice. We sign client NDAs as standard practice.
- 05
How is the model licensed?
Models are licensed for your organization's perpetual internal use. Distribution to third parties is prohibited except as printable reports or in limited circumstances with written permission.
- 06
What does an engagement look like?
Engagements begin with a scoping conversation to align on objectives, deliverables, and success criteria. From there we move to a fixed-fee structure with defined milestones — typically working drafts for client feedback before final delivery.
- 07
What do modeling engagements cost?
Most projects range from $5,000 to $25,000 depending on complexity and deliverables. Larger platform builds — portfolio systems, integrated reporting, ARGUS/Yardi integrations — are scoped separately.
- 08
Do you provide ongoing model maintenance and underwriting support?
Yes. We provide outsourced underwriting, model updates, ARGUS reforecasting, and portfolio reviews led by CFAs — supporting client teams on a retained or per-engagement basis.
- 09
We are considering outsourcing our modeling needs. How can you help?
We build dedicated outsourced teams embedded within client processes, with structured review before fund-level reporting integration. The goal is to extend your internal capacity without diluting institutional review standards.
- 10
What asset classes do you cover?
We bring institutional underwriting to the full spectrum of commercial real estate — multifamily, office, industrial, retail, hospitality, mixed-use, and specialty sectors — as well as adjacent sectors including energy and sports where sophisticated capital decision-making applies.