Commercial Real Estate Analysis and Investments (with CD-ROM)

Commercial Real Estate Analysis and Investments (with CD-ROM) - $152.95

Presenting the essential concepts, principles, and tools for the analysis of commercial real estate, this real estate text provides you with the tools you need to understand real estate investments in today’s dynamic economy.

Studying is made easy with the CD-ROM that provides expanded coverage as well as spreadsheet examples of methodologies, data used in exhibits, lecture slide notes, and answers to study questions.

• NEW! ARGUS software applications: Select applications and case studies can now be completed using a student version of ARGUS software provided with each book giving users more real-life experience in solving investment and valuation problems.
• NEW! International real estate coverage: A new chapter fully explores international real estate investments analyzing successful strategies abroad.
• NEW! Completely Updated and Streamlined: The entire book has been updated and streamlined, including more detailed numerical examples of the sophisticated economics-based methodology of after-tax equity valuation and the corporate own-versus-rent decision in Chapter 14, important new material on real options and the valuation and analysis of land and real estate development projects, the aspects of real estate investment analysis that most directly impact the physical environment, treatment of modern real estate investment management "styles" in Parts VII and VIII, certainty-equivalence DCF valuation that allows a more intuitive real option valuation in Chapter 10 & 27, and more.
• NEW! Additional resources on CD-ROM: The CD-ROM included with each book provides expanded coverage and additional readings on a wide range of advanced topics (including real options) along with spreadsheet examples of methodologies, data used in exhibits, lecture note slides, answers to study questions, student versions of ARGUS® and CRYSTAL BALL® software, and more.
• NEW! Expansion of contemporary topics: A new section on derivatives in Chapter 26 provides extensive coverage of this newest of real estate investment products, and deal structuring has been added to Chapter 15 covering the complex project-level capital structure and deal structuring considerations that are becoming more widespread as the real estate investment industry progresses.
• NEW! Negotiation appendix: An appendix to Chapter 12 (located on the book's CD-ROM) presents an introduction to negotiation principles and techniques, a topic uniquely important to an investments field where the underlying assets are traded in a private search market.
• Financial economics and urban planning perspectives: This integration facilitates a complete and fundamental understanding of real estate investments in today's dynamic economy.
• Authoritative industry resource: A valuable resource ideal for the serious institutional level investor, lender, portfolio manager, or asset manager providing the knowledge and techniques to analyze commercial real estate as a financial investment.