Real Estate Finance & Investments

0
(0)

Real Estate Finance & Investments

作者:WilliamBBrueggeman/JeffreyFisher

出版社:McGraw-HillEducation

出版年:2010-3-16

页数:784

定价:GBP209.99

装帧:Hardcover

ISBN:9780073377339

内容简介
······

Coverage of Current Topics: Due to the recent turmoil in financial markets, this edition adds further emphasis to the importance of proper underwriting of mortgage loans, whether they are subprime or not and whether they are for residential or commercial properties.

Updated Concept Boxes: New concept boxes were added in select chapters to provide information about recent trends in mortgage-backed securities and how the government has worked to add liquidity to mortgage markets, in addition to taking over the Federal Home Loan Mortgage Corporation.

Chapter 11: Investment Analysis and Taxation of Income Properties: A new section on market analysis has been added to provide readers with a better understanding of how data on the supply and demand for real estate can be used to project occupancy and rental growth.

Chapter 14: Disposition and Renovation of Income Properties: A new section on installment sales and tax-free exchanges has been added to emphasize ways to defer capital gain taxes when selling investment properties. This includes a discussion on how to evaluate whether these tax deferral strategies are better than a regular sale.

Discussion on Various Ownership Structures: Discussion has been added that outlines the various ownership structures that can be used for ownership of investment property along with the advantages and disadvantages of each.

Chapter 21: Real Estate Investment Trusts (REITs): This chapter has been expanded to reflect the current economic landscape and also to include discussion on how to value a REIT.

Integration of Financial Calculators and Excel into the Solutions of Problems: The way the solutions are presented has been simplified by using new notation introduced into this edition.

作者简介
······

William B. Brueggeman, Ph.D.

Edwin L. Cox School of Business

Southern Methodist University

William B. Brueggeman has been an academic and consultant to business and public policy makers for over 30 years in the areas of finance and investment. His primary areas of interest include: real estate finance and investment, performance measurement, valuation, real estate-backed securities, mortgage and equity capital markets, portfolio analysis as well as applied business and regional economics. He has published over 70 articles and reports in his areas of expertise since completing the Ph.D. degree at Ohio State University in 1970 and is also an author of Real Estate Finance and Investments, which is now in its 14th edition, spanning 50 years of publication. It is the most widely used college textbook in real estate finance (in use at over 200 colleges and universities). He has served as President of the American Real Estate and Urban Economics Association and was editor of its journal. He presently holds the Clara and Leo F. Corrigan Chair in Real Estate at SMU (since 1978) and his scholarly work is frequently cited in academic journals and in leading news media (New York Times, Washington Post, Wall Street Journal and Barron's). Industry affiliations include six years as Consulting Director of Real Estate Research, Goldman, Sachs & Co., New York where he conducted research on real estate and REITs and provided support for significant property transactions, corporate real estate divestitures, and spin-offs. He is currently Consulting Director of Research with L&B Realty Advisors in Dallas.

Jeffrey D. Fisher, Ph.D.

Kelley School of Business

Indiana University

Jeffrey D. Fisher, Ph.D. is Director of the Center for Real Estate Studies and the Charles H. and Barbara F. Dunn Professor of Real Estate at the Indiana University Kelley School of Business. He is a research consultant with the National Council of Real Estate Investment Fiduciaries (NCREIF) and has served on the board of NCREIF. Dr. Fisher is currently on the board of the Pension Real Estate Association (PREA) and the board of the Real Estate Research Institute. He received PREA/Graaskamp Award for Research Excellence from the Pension Real Estate Association, the George Bloom Award from the American Real Estate and Urban Economics Association for "Outstanding Contributions to the field of Real Estate" and the Alpha Kappa Psi Alumni Award for Teaching Excellence in Finance at the IU School of Business. He is currently a Research Fellow, member of the faculty and serves on the board of directors of the Weimer School of Advanced Studies in Real Estate and Land Economics, Homer Hoyt Advanced Studies Institute. Dr. Fisher was a founding trustee of The Appraisal Foundation that was formed in 1987 by the major appraisal organizations as a self-regulatory organization and source of standards for the appraisal industry. He served as President of the American Real Estate and Urban Economics Association (AREUEA) in 1990. Fisher also served as the 1986-87 Chairman of the Real Estate Center Directors and Chairholders' Association. Professor Fisher has a doctorate in Real Estate from Ohio State University. He is a coauthor of Real Estate, 9th edition, published by John Wiley and Sons, coauthor of Real Estate Finance and Investments, 14th edition, published by McGraw-Hill/Irwin, and coauthor of Income Property Valuation, published by Dearborn Financial Services. His books have been translated into Japanese, Chinese and Korean.

Dr. Fisher has published numerous articles in journals such as The Journal of the American Real Estate and Urban Economics Association, Journal of Real Estate Finance and Economics, The Journal of Urban Economics, The Journal of Real Estate Research, Journal of Portfolio Management, National Tax Journal, Public Finance Quarterly, The Appraisal Journal, Real Estate Review, The Real Estate Appraiser and Analyst, Real Estate Issues and The Journal of Property Tax Management.

目录
······

Part 1. Overview of Real Estate Finance and Investments

Chapter 1. Real Estate Investment: Basic Legal Concepts

Chapter 2. Real Estate Financing: Notes and Mortgages

Part 2. Mortgage Loans

Chapter 3. Mortgage Loan Foundations: The Time Value of Money

Chapter 4. Fixed Interest Rate Mortgage Loans

Chapter 5. Adjustable and Floating Rate Mortgage Loans

Chapter 6. Mortgages: Additional Concepts, Analysis, and Applications

Part 3. Residential Housing

Chapter 7. Single Family Housing: Pricing, Investment, and Tax Considerations

Chapter 8. Underwriting and Financing Residential Properties

Part 4. Incoming-Producing Properties

Chapter 9. Income-Producing Properties: Leases, Rents, and the Market for Space

Chapter 10. Valuation of Income Properties: Appraisal and the Market for Capital

Chapter 11. Investment Analysis and Taxation of Income Properties

Chapter 12. Financial Leverage and Financing Alternatives

Chapter 13. Risk Analysis

Chapter 14. Disposition and Renovation of Income Properties

Chapter 15. Financing Corporate Real Estate

Part 5. Financing Real Estate Development

Chapter 16. Financing Project Development

Chapter 17. Financing Land Development Projects

Part 6. Alternative Real Estate Financing and Investment Vehicles

Chapter 18. Structuring Real Estate Investments: Organizational Forms and Joint Ventures

Chapter 19. The Secondary Mortgage Market: Pass-Through Securities

Chapter 20. The Secondary Mortgage Market: CMOs and Derivative Securities

Chapter 21. Real Estate Investment Trusts (REITs)

Chapter 22. Real Estate Investment Performance and Portfolio Considerations

Index

评论 ······

实用信息挺多

美国MBA课程用书。非常详尽,各种练习也很有用。唯一一本买不起和同学合租的教科书。

学习real estate入门经典 极好用

http://item.taobao.com/item.htm?id=8830221276

点击星号评分!

平均分 0 / 5. 投票数: 0

还没有投票!请为他投一票。

推荐阅读

评论 抢沙发

评论前必须登录!

 

登录

找回密码

注册