Description
One of the most cited texts in the field of real estate finance and investments,
continues to be the leading textbook for an advanced and economically rigorous study.
Completely reviewed and updated, the third edition focuses on lessons learned from the Global Financial Crisis of 2008. Readers will appreciate the use of a second color internally to provide emphasis on key terms and make exhibits easier to understand.
Chapters and sections on REITs, CMBS, price indices, and derivatives have been substantially updated.
This edition features attention to sustainability in commercial property development and investment, including a new boxed feature in Chapter 5 entitled
and a new feature in Chapter 28 entitled
.
Increased attention is paid to international considerations including a fully updated chapter on International Real Estate Investment.
Providing an in-depth study of the financial and urban economics of real estate,
is the cornerstone to better understanding commercial property from an investment perspective.
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