Real Estate Finance & Investments prepares readers to understand
the risks and rewards of financing and investing in residential and
commercial real estate. Concepts and techniques included in the chapters
and problem sets are used in many careers related to real estate. These
include investing, development financing, appraising, consulting,
managing real estate portfolios, leasing, managing property, analyzing
site locations, corporate real estate, and managing real estate
investment funds. This material is also relevant to individuals who want
to understand real estate better when making their own personal
investment and financing decisions.
As this current edition is being revised, there is a lot of uncertainty
about the impact that COVID-19 will have on different sectors of the
commercial real estate market. It is more important than ever to
evaluate the risk and return for both lenders and investors. This text
is designed to help both students and other readers understand these
many factors so that they can perform the necessary analysis and make
informed real estate finance and investment decisions.