Author: Peter Linneman
Publisher:
ISBN: 9781792331916
Category :
Languages : en
Pages :
Book Description
Real Estate Finance and Investments
Finance for Real Estate Development
Author: Charles Long
Publisher: Urban Land Institute
ISBN: 0874201578
Category : Business & Economics
Languages : en
Pages : 128
Book Description
Explaining how finances drive each decision in the real estate development process, this helpful industry guide recognizes the complexities and significant risks of each project and illustrates how to reconcile conflicting elements to ultimately achieve success. A 36-year real estate development veteran, author Charles Long shares the practical information and personal insights that he has gained over the course of his career, and weaves relevant real world examples into the text, helping to clarify the principles necessary to effectively manage a project in today’s financial landscape. Ideal both for those starting out in real estate development and experienced professionals who want to learn the theory behind the practice, this book offers a different perspective on making the monetary decisions that are involved in property development projects.
Publisher: Urban Land Institute
ISBN: 0874201578
Category : Business & Economics
Languages : en
Pages : 128
Book Description
Explaining how finances drive each decision in the real estate development process, this helpful industry guide recognizes the complexities and significant risks of each project and illustrates how to reconcile conflicting elements to ultimately achieve success. A 36-year real estate development veteran, author Charles Long shares the practical information and personal insights that he has gained over the course of his career, and weaves relevant real world examples into the text, helping to clarify the principles necessary to effectively manage a project in today’s financial landscape. Ideal both for those starting out in real estate development and experienced professionals who want to learn the theory behind the practice, this book offers a different perspective on making the monetary decisions that are involved in property development projects.
The Complete Guide to Real Estate Finance for Investment Properties
Author: Steve Berges
Publisher: John Wiley & Sons
ISBN: 1118045807
Category : Business & Economics
Languages : en
Pages : 304
Book Description
This practical, real-world guide gives investors all the tools they need to make wise decisions when weighing the value and potential of investment properties. Written for old pros as well as novice investors, this friendly, straightforward guide walks readers step by step through every stage of property analysis. Whether you're buying or selling, investing in big commercial properties or single-family rentals, you'll find expert guidance and handy resources on every aspect of real estate finance, including: * Proven, effective valuation techniques * Finance tips for all different kinds of property * How various financing strategies affect investments * Structuring financial instruments, including leverage, debt, equity, and partnerships * Measurements and ratios for investment performance, including capitalization rates and gross rent multiplier ratios * Future and present value analysis * How the appraisal process works * Primary appraisal methods-replacement cost, sales comparison, and income capitalization-and how to know which one to use * How to understand financial statements, including income, balance, and cash flow * Case studies for single-family rentals, multifamily conversions, apartment complexes, and commercial office space * A detailed glossary of important real estate terminology
Publisher: John Wiley & Sons
ISBN: 1118045807
Category : Business & Economics
Languages : en
Pages : 304
Book Description
This practical, real-world guide gives investors all the tools they need to make wise decisions when weighing the value and potential of investment properties. Written for old pros as well as novice investors, this friendly, straightforward guide walks readers step by step through every stage of property analysis. Whether you're buying or selling, investing in big commercial properties or single-family rentals, you'll find expert guidance and handy resources on every aspect of real estate finance, including: * Proven, effective valuation techniques * Finance tips for all different kinds of property * How various financing strategies affect investments * Structuring financial instruments, including leverage, debt, equity, and partnerships * Measurements and ratios for investment performance, including capitalization rates and gross rent multiplier ratios * Future and present value analysis * How the appraisal process works * Primary appraisal methods-replacement cost, sales comparison, and income capitalization-and how to know which one to use * How to understand financial statements, including income, balance, and cash flow * Case studies for single-family rentals, multifamily conversions, apartment complexes, and commercial office space * A detailed glossary of important real estate terminology
An Introduction to Real Estate Finance
Author: Edward Glickman
Publisher: Academic Press
ISBN: 0123786274
Category : Business & Economics
Languages : en
Pages : 501
Book Description
An Introduction to Real Estate Finance serves as the core of knowledge for a single-semester first course in real estate finance. Unlike other real estate finance textbooks, with their encyclopedic but often stale details, it combines a short traditional text with a living website. The book gives students and professors highly applied information, and its regularly updated online features makes it especially useful for this practitioner-oriented audience. It covers fundamental topics such as accounting and tax, mortgages, capital markets, REITs and more. It also addresses the 2008 financial crisis and its impact on the real estate profession. This text is a valuable companion for students of real estate finance as well as financial analysts, portfolio managers, investors and other professionals in the field. - Offers a concise, efficient, "finance-centric" alternative to traditional real estate finance texts - Website gives readers the tools to find current information about their own areas of specialization—a unique approach not found in other real estate finance textbooks - Gives students and professors the material to examine every subject in broad and highly detailed terms
Publisher: Academic Press
ISBN: 0123786274
Category : Business & Economics
Languages : en
Pages : 501
Book Description
An Introduction to Real Estate Finance serves as the core of knowledge for a single-semester first course in real estate finance. Unlike other real estate finance textbooks, with their encyclopedic but often stale details, it combines a short traditional text with a living website. The book gives students and professors highly applied information, and its regularly updated online features makes it especially useful for this practitioner-oriented audience. It covers fundamental topics such as accounting and tax, mortgages, capital markets, REITs and more. It also addresses the 2008 financial crisis and its impact on the real estate profession. This text is a valuable companion for students of real estate finance as well as financial analysts, portfolio managers, investors and other professionals in the field. - Offers a concise, efficient, "finance-centric" alternative to traditional real estate finance texts - Website gives readers the tools to find current information about their own areas of specialization—a unique approach not found in other real estate finance textbooks - Gives students and professors the material to examine every subject in broad and highly detailed terms
Property Finance
Author: Giacomo Morri
Publisher: John Wiley & Sons
ISBN: 1118764404
Category : Business & Economics
Languages : en
Pages : 276
Book Description
A unique, international approach to optimal real estate financing Property Finance is an authoritative guide to both the financial and legal issues surrounding real estate financing. Unique in its exclusive focus on the topic, this book builds from a solid theoretical foundation to provide practical tools and real-world solutions. Beginning with a discussion of the general issues encountered in real estate finance from an international perspective, the authors delve into country-specific information and set out the legal peculiarities of eight important countries (Germany, France, Italy, Spain, China, India, England and Wales) by asking questions of relevance to the leading local law firms specializing in real estate financing. The reader may thus consider in greater depth the problems relating to any given country and compare and contrast the positions under different legal systems. Examples with numerical calculations and contract excerpts enhance the explanations presented, and are immediately followed by practical case studies that illustrate the mechanisms at work. The companion website features downloadable spreadsheets used in the examples, power point presentations, as well as real estate news and more. Property financing entails many sources of capital, including both debt and equity resources as well as hybrid forms like preferred equity and mezzanine debt. Knowing how to work with these avenues is important to ensuring financial sustainability in real estate assets. Property Finance covers the most common issues encountered, helping readers prepare for and find a way around possible roadblocks. Consider the issues surrounding real estate lending at an international level Compare and contrast the positions under different legal systems Develop an international perspective on cash flows and financing agreements Use powerful tools to structure financing and gauge its effects on property financing The success of a real estate investment is dependent upon optimal financing, and a mere bird's eye view of the topic does not fully prepare investors for issues ahead: Property Finance provides a knowledge-based approach to real estate investment, detailed information and powerful tools.
Publisher: John Wiley & Sons
ISBN: 1118764404
Category : Business & Economics
Languages : en
Pages : 276
Book Description
A unique, international approach to optimal real estate financing Property Finance is an authoritative guide to both the financial and legal issues surrounding real estate financing. Unique in its exclusive focus on the topic, this book builds from a solid theoretical foundation to provide practical tools and real-world solutions. Beginning with a discussion of the general issues encountered in real estate finance from an international perspective, the authors delve into country-specific information and set out the legal peculiarities of eight important countries (Germany, France, Italy, Spain, China, India, England and Wales) by asking questions of relevance to the leading local law firms specializing in real estate financing. The reader may thus consider in greater depth the problems relating to any given country and compare and contrast the positions under different legal systems. Examples with numerical calculations and contract excerpts enhance the explanations presented, and are immediately followed by practical case studies that illustrate the mechanisms at work. The companion website features downloadable spreadsheets used in the examples, power point presentations, as well as real estate news and more. Property financing entails many sources of capital, including both debt and equity resources as well as hybrid forms like preferred equity and mezzanine debt. Knowing how to work with these avenues is important to ensuring financial sustainability in real estate assets. Property Finance covers the most common issues encountered, helping readers prepare for and find a way around possible roadblocks. Consider the issues surrounding real estate lending at an international level Compare and contrast the positions under different legal systems Develop an international perspective on cash flows and financing agreements Use powerful tools to structure financing and gauge its effects on property financing The success of a real estate investment is dependent upon optimal financing, and a mere bird's eye view of the topic does not fully prepare investors for issues ahead: Property Finance provides a knowledge-based approach to real estate investment, detailed information and powerful tools.
Property Finance
Author: David Isaac
Publisher: Bloomsbury Publishing
ISBN: 1352009382
Category : Technology & Engineering
Languages : en
Pages : 154
Book Description
Property Finance is an accessible and comprehensive guide to the field of property finance, linking the practicalities of property and construction with an understanding of core financial structures and concepts. It introduces the key components of real estate investment and development cycles, and explores the interconnected roles of the financial services industry, property companies, joint ventures, banks, and real estate developers. For this edition, a new co-author, Mark Daley, has been brought on board. He brings a wealth of knowledge and teaching experience to this well-established textbook. An ideal book for students undertaking real estate or construction-related degrees, it is also useful for personal study or further information and help in this particular area of finance.
Publisher: Bloomsbury Publishing
ISBN: 1352009382
Category : Technology & Engineering
Languages : en
Pages : 154
Book Description
Property Finance is an accessible and comprehensive guide to the field of property finance, linking the practicalities of property and construction with an understanding of core financial structures and concepts. It introduces the key components of real estate investment and development cycles, and explores the interconnected roles of the financial services industry, property companies, joint ventures, banks, and real estate developers. For this edition, a new co-author, Mark Daley, has been brought on board. He brings a wealth of knowledge and teaching experience to this well-established textbook. An ideal book for students undertaking real estate or construction-related degrees, it is also useful for personal study or further information and help in this particular area of finance.
Real Estate Finance and Investment Manual
Author: Jack Cummings
Publisher: John Wiley & Sons
ISBN: 111803953X
Category : Business & Economics
Languages : en
Pages : 645
Book Description
Updated and revised to include ten years of new developments in real estate investment, Real Estate Finance and Investment Manual, Ninth Edition is the definitive guide to financing for all real estate investors. Understand all the financing options, learn how to choose an appropriate strategy, read about insider techniques, and get hands-on experience with case studies and helpful checklists.
Publisher: John Wiley & Sons
ISBN: 111803953X
Category : Business & Economics
Languages : en
Pages : 645
Book Description
Updated and revised to include ten years of new developments in real estate investment, Real Estate Finance and Investment Manual, Ninth Edition is the definitive guide to financing for all real estate investors. Understand all the financing options, learn how to choose an appropriate strategy, read about insider techniques, and get hands-on experience with case studies and helpful checklists.
Practical Finance for Property Investment
Author: Craig Furfine
Publisher: Routledge
ISBN: 1000729966
Category : Business & Economics
Languages : en
Pages : 188
Book Description
Practical Finance for Property Investment provides readers with an introduction to the most fundamental concepts, principles, analytical methods, and tools useful for making investing and financing decisions regarding income-producing property. The book begins by considering how to value income-producing property by forecasting a property’s cash flows and estimating appropriate discount rates. It then discusses how both debt and private equity are used as methods to finance a property’s acquisition. The book provides a thorough discussion of the taxation of property income as well as how investors can quantify the risks to investing in property. The book concludes with important considerations for investors when their investment thesis does not come to fruition. Practical Finance for Property Investment offers a unique and novel pedagogy by pairing each book chapter with an in-depth real-world case study, which forces readers to confront the occasional tensions between finance theory and property investment practice. The book is designed for investors and students interested in learning what finance theory implies about property investment. Readers and Instructors can access electronic resources, including the spreadsheets used in the textbook, at the book's website: www.routledge.com/9780367333041.
Publisher: Routledge
ISBN: 1000729966
Category : Business & Economics
Languages : en
Pages : 188
Book Description
Practical Finance for Property Investment provides readers with an introduction to the most fundamental concepts, principles, analytical methods, and tools useful for making investing and financing decisions regarding income-producing property. The book begins by considering how to value income-producing property by forecasting a property’s cash flows and estimating appropriate discount rates. It then discusses how both debt and private equity are used as methods to finance a property’s acquisition. The book provides a thorough discussion of the taxation of property income as well as how investors can quantify the risks to investing in property. The book concludes with important considerations for investors when their investment thesis does not come to fruition. Practical Finance for Property Investment offers a unique and novel pedagogy by pairing each book chapter with an in-depth real-world case study, which forces readers to confront the occasional tensions between finance theory and property investment practice. The book is designed for investors and students interested in learning what finance theory implies about property investment. Readers and Instructors can access electronic resources, including the spreadsheets used in the textbook, at the book's website: www.routledge.com/9780367333041.
Property Investment
Author: Martin Hoesli
Publisher: Routledge
ISBN: 1317883012
Category : Technology & Engineering
Languages : en
Pages : 301
Book Description
Property investment markets and applied property research are now recognised as an increasingly important international phenomenon. Written by two of the most respected academics in the field, this authoritative guide provides a fresh and much needed perspective on this important subject. The book examines the unique characteristics of property investment within the context of other capital markets . The emphasis is strongly on the application of analytical tools from other markets to help academics and practitioners alike understand and apply the investment management of property with that of other asset classes. The book is split into three parts, each focusing mainly on direct commercial property: The characteristics of the various asset classes in the investment background The analyses necessary to develop a property portfolio strategy An examination of property in a wider context This book will be invaluable to all undergraduate and postgraduate students on property courses worldwide. It is also an essential tool to understanding this complex and exciting field for students on finance, business and accountancy courses which cover property. Its practical, applied approach means that the book will be a welcome addition to the bookshelf of any researchers or investment managers with an interest in property.
Publisher: Routledge
ISBN: 1317883012
Category : Technology & Engineering
Languages : en
Pages : 301
Book Description
Property investment markets and applied property research are now recognised as an increasingly important international phenomenon. Written by two of the most respected academics in the field, this authoritative guide provides a fresh and much needed perspective on this important subject. The book examines the unique characteristics of property investment within the context of other capital markets . The emphasis is strongly on the application of analytical tools from other markets to help academics and practitioners alike understand and apply the investment management of property with that of other asset classes. The book is split into three parts, each focusing mainly on direct commercial property: The characteristics of the various asset classes in the investment background The analyses necessary to develop a property portfolio strategy An examination of property in a wider context This book will be invaluable to all undergraduate and postgraduate students on property courses worldwide. It is also an essential tool to understanding this complex and exciting field for students on finance, business and accountancy courses which cover property. Its practical, applied approach means that the book will be a welcome addition to the bookshelf of any researchers or investment managers with an interest in property.
Property Investment
Author: David Isaac
Publisher: Bloomsbury Publishing
ISBN: 135031577X
Category : Business & Economics
Languages : en
Pages : 380
Book Description
This textbook brings together three important aspects of property investment - strategies for investment, markets and appraisal - and explains many difficult concepts in a readable and understandable way. The authors outline the developments in investment and finance theory that have had such an impact on the property investment sector. Concepts are explained with great clarity and worked examples are used to elucidate key principles where possible. This book is ideal for modules taught on third year undergraduate and postgraduate level in Property Investment, Property Funding, Property Management Estate Management, Land Management, Planning and Development Studies, Land Economics, Real Estate (value and management) and is also of interest to students of Architecture, Construction and Surveying. New to this Edition: - Thoroughly updated to reflect changes in government policy on sustainability, assessing the implications of sustainability for both residential and commercial property investment - Reflections on the reverberations of the credit crunch, considering the extent to which risk reduction techniques can mitigate against globally induced and volatile market swings - Greater prominence given to the growth of the buy-to-let market in residential property investment - A review of the key investment performance issues which have arisen from the introduction of Real Estate Investment Trusts (REITs) - Includes more worked examples and case studies
Publisher: Bloomsbury Publishing
ISBN: 135031577X
Category : Business & Economics
Languages : en
Pages : 380
Book Description
This textbook brings together three important aspects of property investment - strategies for investment, markets and appraisal - and explains many difficult concepts in a readable and understandable way. The authors outline the developments in investment and finance theory that have had such an impact on the property investment sector. Concepts are explained with great clarity and worked examples are used to elucidate key principles where possible. This book is ideal for modules taught on third year undergraduate and postgraduate level in Property Investment, Property Funding, Property Management Estate Management, Land Management, Planning and Development Studies, Land Economics, Real Estate (value and management) and is also of interest to students of Architecture, Construction and Surveying. New to this Edition: - Thoroughly updated to reflect changes in government policy on sustainability, assessing the implications of sustainability for both residential and commercial property investment - Reflections on the reverberations of the credit crunch, considering the extent to which risk reduction techniques can mitigate against globally induced and volatile market swings - Greater prominence given to the growth of the buy-to-let market in residential property investment - A review of the key investment performance issues which have arisen from the introduction of Real Estate Investment Trusts (REITs) - Includes more worked examples and case studies