Real Estate Finance and Investments, 18/e (2024 Release)

William B. Brueggeman,Jeffrey D. Fisher,Stephanie R. Yates

  • 出版商: McGraw-Hill Education
  • 出版日期: 2024-07-16
  • 售價: $1,780
  • 貴賓價: 9.8$1,744
  • 語言: 英文
  • 頁數: 844
  • ISBN: 1266928081
  • ISBN-13: 9781266928086
  • 下單後立即進貨 (約5~7天)

商品描述

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.?

Real estate markets are impacted by many local, national, and international economic and demographic trends. This is coupled with new technology that impact different sectors of these markets. It is more important than ever to be able to evaluate how these trends will impact 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.

商品描述(中文翻譯)

《不動產金融與投資》幫助讀者理解在住宅和商業不動產融資與投資中的風險與回報。書中的概念和技術在許多與不動產相關的職業中都有應用,包括投資、開發融資、評估、諮詢、管理不動產投資組合、租賃、物業管理、地點分析、企業不動產以及管理不動產投資基金。這些內容對於希望在做出個人投資和融資決策時更好地理解不動產的個人也具有相關性。

不動產市場受到許多地方性、國家性和國際性經濟及人口趨勢的影響。此外,新的技術也影響著這些市場的不同領域。能夠評估這些趨勢將如何影響貸款人和投資者的風險與回報比以往任何時候都更為重要。本書旨在幫助學生和其他讀者理解這些多種因素,以便他們能夠進行必要的分析並做出明智的不動產金融與投資決策。

作者簡介

作者:William B. Brueggeman
現職:Southern Methodist University

作者:Jeffrey D. Fisher
現職:Indiana University

作者:Stephanie R. Yates
現職:University of Aiabama, Birmingham

作者簡介(中文翻譯)

作者:William B. Brueggeman
現職:南方衛理公會大學

作者:Jeffrey D. Fisher
現職:印第安納大學

作者:Stephanie R. Yates
現職:阿拉巴馬大學伯明翰校區

目錄大綱

PART I: OVERVIEW OF REAL ESTATE FINANCE AND INVESTMENTS
Ch 1 Real Estate Investment Basic Legal Concepts
Ch 2 Real Estate Financing Notes and Mortgages

PART II: MORTGAGE LOANS
Ch 3 Mortgage Loan Foundations: The Time Value of Money
Ch 4 Fixed Interest Rate Mortgage Loans
Ch 5 Adjustable and Floating Rate Mortgage Loans
Ch 6 Mortgages: Additional Concepts, Analysis, and Applications

PART III: RESIDENTIAL HOUSING
Ch 7 Single-Family Housing: Pricing, Investment, and Tax Considerations
Ch 8 Underwriting and Financing Residential Properties

PART IV: INCOME-PRODUCING PROPERTIES
Ch 9 Income-Producing Properties: Leases, Rents, and the Market for Space
Ch10 Valuation of Income Properties: Appraisal and the Market for Capital
Ch11 Investment Analysis and Taxation of Income Properties
Ch12 Financial Leverage and Financing Alternatives
Ch13 Risk Analysis
Ch14 Disposition and Renovation of Income Properties
Ch15 Financing Corporate Real Estate

PART V: FINANCING REAL ESTATE DEVELOPMENT
Ch16 Financing Project Development
Ch17 Financing Land Development Projects

PART VI: ALTERNATIVE REAL ESTATE FINANCING AND INVESTMENT VEHICLES
Ch18 Structuring Real Estate Investments: Organizational Forms and Joint Ventures
Ch19 The Secondary Mortgage Market: Pass-Through Securities
Ch20 The Secondary Mortgage Market: CMOs, CDOs, CLOs, and Derivative Securities
Ch21 Real Estate Investment Trusts (REITs)

PART VII: PORTFOLIO ANALYSIS AND REAL ESTATE FUNDS
Ch22 Real Estate Investment Performance and Portfolio Considerations
Ch23 Real Estate Funds: Structure, Performance, Benchmarking, Risk and Attribution Analysis

目錄大綱(中文翻譯)

第一部分:不動產金融與投資概述
第1章 不動產投資基本法律概念
第2章 不動產融資票據與抵押貸款

第二部分:抵押貸款
第3章 抵押貸款基礎:貨幣的時間價值
第4章 固定利率抵押貸款
第5章 可調利率與浮動利率抵押貸款
第6章 抵押貸款:附加概念、分析與應用

第三部分:住宅住房
第7章 單戶住宅:定價、投資與稅務考量
第8章 住宅物業的承保與融資

第四部分:產生收入的物業
第9章 產生收入的物業:租約、租金與空間市場
第10章 收入物業的評價:評估與資本市場
第11章 收入物業的投資分析與稅務
第12章 財務槓桿與融資替代方案
第13章 風險分析
第14章 收入物業的處置與翻新
第15章 企業不動產的融資

第五部分:不動產開發融資
第16章 專案開發融資
第17章 土地開發專案融資

第六部分:替代不動產融資與投資工具
第18章 不動產投資結構:組織形式與合資企業
第19章 次級抵押市場:通過證券
第20章 次級抵押市場:CMOs、CDOs、CLOs 與衍生證券
第21章 不動產投資信託(REITs)

第七部分:投資組合分析與不動產基金
第22章 不動產投資績效與投資組合考量
第23章 不動產基金:結構、績效、基準、風險與歸因分析