Real Estate Finance, Theory and Practice

Master the principles of real estate financial markets with REAL ESTATE FINANCE: THEORY AND PRACTICE and its accompanying CD-ROM! Based on sound economic and finance principles, this market-leading real estate text will give you a greater understanding of how the real estate financial market works. Studying is made easy with a free student CD-ROM that provides tables, financial data, worksheets, and PowerPoint slides to help you review and solve exercises. A comprehensive index, summaries, key terms, suggested readings, and web sites are just a few of the tools that will help you succeed in this course!

• NEW! Software Exercises?Student exercises that utilize the Argus software are included as a supplement to the book, offering more practical experience in real estate investment by solving lease-by-lease investments and valuation problems.
• NEW! Keystroke Applications ? Financial calculator keystrokes, provided by Calculated Industries, are supplied throughout the book to assist in solving calculations and introduce an important tool in solving financial investment questions.
• FREE! Student CD-ROM?A CD-ROM is included with each text -- providing tables, financial data, and worksheets to assist students in understanding financial relationships and solving end-of-chapter exercises.
• PowerPoint Slides?Student PowerPoint slides created by the text?s authors are included on the free CD-ROM to enhance students? learning and review.
• Updated Content? Many content additions, such as the inclusion of data and information on the securitization of the commercial real estate market, have been made to this edition, including additional information on CMBSs (commercial mortgage-backed securities) and credit tenant leases.
• Comprehensive Appendix?The text includes a thorough appendix, which reviews and references the time value of money and related concepts.
• End-of-Chapter Activities?Summaries, Key Terms, Suggested Readings, and Web sites complete each chapter to further develop what students have read.
• Problem Workbook ? The supplemental problem workbook delivers an extensive set of real estate finance problems to fully prepare students to excel in the dynamic financial world of real estate