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CRE Tycoon: the free commercial real estate game

A commercial real estate simulation you play in your browser. Start as a broker with $100,000, then build a 10-year career, five minutes at a time.

No download · No account · Free

In the game: a commission cheque for $262,500, made out to the player, with a Hold to deposit button

How a career feels

Broker first. Then owner. Then the city.

A cold call as a scratch-off ticket: three premium diamonds, a premium lead with $4.65M to spend

Work the phones

Every cold call is a scratch-off ticket. Match three and you've landed a client. Find them a building, close, and the commission arrives as a cheque you hold to deposit.

The deal sheet for Madison Center Plaza: an offer at 90% of asking, 25% down, and the monthly cash flow

Buy buildings

Offer under asking, put money down, take a loan. Every deal says what it pays you a month, today and once it's leased up.

A building's six upgrade tracks with a price and the value each level adds

Run them up, cash in

Lease up, upgrade six tracks per building, then refinance for tax-free cash or sell into a hot market. That's where the big cheques come from.

A month in your career

Five tabs, a handful of decisions, then the month ends.

  1. DeskWhat needs you this month: escrow trouble, events, promotions.
  2. PipelineWork the phones, take on clients, pitch listings, field offers.
  3. MarketBuildings for sale, and the rivals bidding on them.
  4. PortfolioYour buildings: plans, upgrades, refinancing, selling.
  5. YouRank, skill tree, missions, the leaderboard.

Hold to end the month and it plays out: deals close, cheques arrive, the market moves, and you see your net worth.

The game on desktop: the month's cards in an inbox, an escrow problem to answer, and the City Ledger
The same career on desktop.
The end of a career: final net worth of $120,876,728, 19 buildings, 71 deals, and a perk to pick for the next career

The 10-year race

One career. 120 months. One number at the end.

Your score is your net worth when the decade is up, counted as what selling everything would actually pay.

  • A new month every hour. Bank up to 6 and play them when you have five minutes.
  • Climb 14 ranks from Rookie to City Legend.
  • Put your score on the global leaderboard (sign-in only for that).
  • Pick a perk for your next career: seed money, deal flow, fast learner.

Real estate that's actually real

Learn it by playing it.

Cap rates, NOI, loans and the bank's coverage test, escrow that goes wrong, refinancing, market cycles and rival brokers. A commercial real estate simulation simplified to fit a coffee break, never faked.

How the simulation works

157buildings
4districts
$48Mtop of the market

Browse every building · Learn commercial real estate

The month-end net worth page: commissions, rent after the mortgage, and building values

Questions

The short answers

What is CRE Tycoon?

A free commercial real estate game. You start as a broker earning commissions, become an investor buying office, retail, industrial and multifamily buildings, and finish a 10-year career with a net worth score.

Is it a commercial real estate simulation?

Yes, a simplified one. Buildings are valued from their income and a cap rate, loans have to pass the bank’s coverage test, escrow can fail, markets cycle, and selling costs and taxes come off the top. Months take minutes instead of a semester.

Is it free?

Yes. No ads, no purchases, nothing to unlock with money. You play in your browser.

Do I need an account?

No. Your career saves in your browser after every move. Sign in only if you want your score on the global leaderboard.

How long is a career?

120 months: 10 years in the game. After your first month, a new month arrives every hour and you can bank up to 6, so a session is a few minutes, a career a few weeks of coming back.

Does it work on my phone?

It was built for phones first, and it has a full desktop layout too. Same career, either screen.

Where is my save?

In the browser you play in: one career at a time, saved automatically. Clearing your browser data clears the career.

Is the real estate real?

The ideas are: cap rates, NOI, loans and the bank’s coverage test, escrow trouble, refinancing, market cycles. Simplified so a month takes minutes, not a semester.

Your first deal is one cold call away.

Play free

Free in your browser. Your career saves itself.