Author: Publisher:
ISBN:
Category : Real estate business
Languages : en
Pages : 198
Book Description
The Real Estate Securities Journal
Author: Publisher:
ISBN:
Category : Real estate business
Languages : en
Pages : 198
Book Description
Real Estate Securities Journal
Author: William C. TysonPublisher:
ISBN:
Category : Limited partnership
Languages : en
Pages : 42
Book Description
Special Issue: International Real Estate Securities
Author: Special Issue: International Real Estate Securities
Author: Alternative Ideas in Real Estate Investment
Author: Arthur L. Schwartz Jr.Publisher: Springer Science & Business Media
ISBN: 9400903677
Category : Business & Economics
Languages : en
Pages : 206
Book Description
Arthur L. Schwartz, Jr. and Steven D. Kapplin The focus of this volume of the ARES Monograph Series is new ideas in real estate investment. Within this volume, empiricial studies, literature reviews, and tutorials examine a broad range of important investment issues. Many new and innovative ideas are presented. This volume should be a rich source of real estate investment ideas for many years to come. Kapplin and Schwartz examine the returns of two types of REITs, as well as that of Master Limited Partnerships (MLP), over the 1987-1989 time period. Their sample consisted of 54 real estate securities; they conclude that these entities did not provide an effective inflation hedge. MLP returns exceeded that of the overall stock market, but the two REIT types did not provide rates-of-return in excess of the marked. An extensive review of the commercial real estate return literature is presented by Fletcher. He focuses upon studies that utilize commingled real estate fund (CREF) data. His detailed overview of the subject provides a much needed synthesis of the current literature. Roulac presents an extensive discussion of the differences in the per spectives of individual versus institutional investors. In his essay, he considers such factors as scale, diversification, and related issues. Addi tionally, he examines a wide range of literature from within academia, 1 INTRODUCTION 2 as well as the opinions of various real estate gurus. He concludes that behavioral factors override economic considerations.
Asset Pricing
Author: Jianping MeiPublisher: World Scientific
ISBN: 9810245637
Category : Business & Economics
Languages : en
Pages : 265
Book Description
Real estate finance is a fast-developing area where top quality research is in great demand. In the US, the real estate market is worth about US$4 trillion, and the REITs market about US$200 billion; tens of thousands of real estate professionals are working in this area. The market overseas could be considerably larger, especially in Asia. Given the rapidly growing real estate securities industry, this book fills an important gap in current real estate research and teaching. It is an ideal reference for investment professionals as well as senior MBA and PhD students.
Real Estate-Backed Securities
Author: Frank J. FabozziPublisher: John Wiley & Sons
ISBN: 9781883249960
Category : Business & Economics
Languages : en
Pages : 190
Book Description
Real Estate-Backed Securities provides today's most concise yet comprehensive understanding of passive real estate investing. Issues discussed include agency passthrough securities and mortgage strips, agency collateralized mortgage obligations, nonagency residential MBS, commercial mortgage-backed securities, and more.
The National Real Estate Journal
Author: Private Real Estate Markets and Investments
Author: H. Kent BakerPublisher: Oxford University Press
ISBN: 0199388768
Category : Business & Economics
Languages : en
Pages : 311
Book Description
This book provides an overview of private real estate markets and investments. The 14 chapters are divided into three sections for conventional and alternative real estate investments and regulatory issues. Conventional investable real assets examined are retail spaces, apartments, offices, and industrial facilities owned by corporate entities. Alternative real estate assets are uniquely and extensively addressed. These include healthcare, both for facilities and the pricing to make it an investable asset; infrastructure contains roads, bridges, and public utilities; and resources are in land, agriculture, oil, and gas. The regulatory section includes appraisal and valuation, brokerage and transaction costs, sustainability, and green buildings. Readers should gain a greater appreciation of what is needed to be successful when investing in private real estate markets. The share of real estate in institutional portfolios has risen above a previous 5% target, as investors avoid the risks of low interest rates. The world's wealth is shifting to emerging markets where real estate is already a dominant asset class and public securities markets are limited. Institutions with long horizons avoid publicly traded markets because they want to capture any premium from illiquidity. Real estate involves local and cultural restrictions on land usage, sustainability and on the regulation of the illiquidity. For information about public real estate, read Public Real Estate Markets and Investments.
The Real Estate Finance Journal
Author: Publisher:
ISBN:
Category : Real estate business
Languages : en
Pages : 390
Book Description