Real Estate Finance and Investments 16th Edition by William Brueggeman, ISBN-13: 978-1259919688
[PDF eBook eTextbook]
- Publisher: McGraw-Hill Education; 16th edition (January 12, 2018)
- Language: English
- 832 pages
- ISBN-10: 1259919684
- ISBN-13: 978-1259919688
The Sixteenth 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.
This book prepares readers to understand the risks and rewards associated with financing and investing 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. 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 better understand real estate when making their own personal investment and financing decisions.
The turmoil in world financial markets during the late 2000s, which was closely tied to events in the real estate market, suggests that investors, lenders, and others who participate in the real estate market need to better understand how to evaluate the risk and return associated with the various ways of investing and lending. This requires an understanding of the legal issues that can impact the rights of lenders and investors, the characteristics of the various vehicles for lending and investing in real estate, the economic benefits of loans and investments, and how local economies may affect the investment performance of properties as well as the goals of lenders and investors.
This book 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. As the book’s title suggests, we discuss both real estate finance and real estate investments. These topics are interrelated. For example, an investor who purchases a property is making an investment. This investment is typically financed with a mortgage loan. Thus, the investor needs to understand both how to analyze the investment and how to assess the impact that financing the investment will have on its risk and return.
Similarly, the lender, by providing capital for the investor to purchase the property, is also making an investment in the sense that he or she expects to earn a rate of return on funds that have been loaned. Therefore, the lender also needs to understand the risk and return of making that loan. In fact, one of the risks associated with making loans secured by real estate is that, if a borrower defaults, the lender may take ownership of the property. This means that the lender also should evaluate the property using many of the same techniques as the investor purchasing the property.
What makes us different?
• Instant Download
• Always Competitive Pricing
• 100% Privacy
• FREE Sample Available
• 24-7 LIVE Customer Support
Reviews
There are no reviews yet.