An Introduction to Real Estate Finance

ISBN-13: 9780123786265 / Angielski / Twarda / 2013 / 444 str.

Edward Glickman

Opis

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

Recenzje

"This book provides a comprehensive treatment of real estate finance accessible to those just learning about the subject, yet detailed enough to serve as a valuable reference for the experienced manager. It should be a welcome resource for practitioners and academics alike." --Eric Sussman, University of California, Los Angeles

"Edward Glickman's 'An Introduction to Real Estate Finance' is a terrific addition to real estate literature. This is written from the practitioner's viewpoint and draws on Professor Glickman's extensive experience in the industry. I think it will serve as a great vehicle for real estate programs wanting their students to be well versed in real estate finance as practiced in the industry." --Martin Heflin, Vanderbilt University

"Glickman's text 'An Introduction to Real Estate Finance' is the first real estate textbook that truly blends academic theory with real world practice. The text is not only suitable for both introductory and advanced college classes but also a must read for any professional seriously considering a career in real estate." --David M. Sinow, University of Illinois

Spis treści

Introduction

1. The Real Estate Industry

2. Market Analysis

3. Accounting and Tax

4. Cash Flows and Models

5. Property Valuation

6. Capital Markets

7. Mortgages

8. CMBS

9. Equity

10. Capital Structure

11. Development Finance

12. Residential Finance

13. REITS

14. Corporate Real Estate

15. International Real Estate Markets

Afterword: The Financial Crisis

O autorze

Edward Glickman is the Executive Director of the Center for Real Estate Finance Research and Clinical Professor of Finance at New York University's Stern School of Business. He has more than 30 years' experience in the real estate and financial services industry.