The Fourteenth Edition of Real Estate Finance and Investments prepares
students to understand the risks and rewards associated with investing in and financing
both residential and commercial real estate.
Concepts and techniques included in the chapters and
problem sets are used in many careers related to real estate. The material in this edition
is also relevant to individuals who want to better understand real estate for their own
personal investment and financing decisions.
Table of Contents
Part One Introduction
1 Real Estate Investment: Legal Concepts
2 Basic Real Estate Financing: Notes and Mortgages
3 Mortgage Law Foundation: The Time Value of Money
Part Two Financing Residential Properties
4 Fixed Rate Mortgage Loans
5 Adjustable and Floating Rate Mortgage Loans
6 Mortgages: Additional Concepts, Analysis, and Applications
7 Single Family Housing: Pricing, Investment, and Tax Considerations
8 Underwriting and Financing Residential Properties
Part Three Financing Income Properties (Debt and Equity)
9 Income-Producing Properties: Leases, Rents, and the Market for Space
10 Valuation of Income Properties: Appraisal and the Market for Capital
11 Investment Analysis and Taxation of Income Properties
12 Financial Leverage and Financing Alternatives
13 Risk Analysis
14 Disposition and Renovation of Income Properties
15 Financing Corporate Real Estate
Part Four Financing Proposed Projects
16 Financing Project Development
17 Financing Land Development Projects
Part Five Alternative Real Estate Financing and Investment Vehicles
18 Structuring Real Estate Investments: Organizational Forms and Joint Ventures
19 The Secondary Mortgage Market: Pass-Through Securities
20 The Secondary Mortgage Market: CMOs and Derivative Securities
21 Real Estate Investment Trusts (REITs)
22 Real Estate Investment Performance and Portfolio Considerations
Index
672 pages, Paperback
