【簡介】 "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." 【目錄】 "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"