About This Book
The well-known author team of Geltner and Miller bring you a new edition of this authoritative resource on commercial real estate analysis and investment. Streamlined and completely updated with expanded coverage of corporate and international real estate investment, this upper-level real estate text presents the essential concepts, principles, and tools necessary to analyze commercial real estate (income-producing) from an investment perspective. Commercial Real Estate Analysis & Investments, 2nd Edition bridges the gap between mainstream finance and the cutting edge of professional real estate practice, in order to address the implications of their key differences. This new edition continues to integrate relevant aspects of urban and financial economics to provide users with a fundamental analytical understanding and application of real estate investments'now using a student version of ARGUS?? software on CD-ROM included with the book. ARGUS software is a Windows-based program used extensively in the real estate investment industry to solve complex investment and valuation problems. Also included on the CD is a student version of Crystal Ball??, professional-grade software used to perform risk analysis on commercial investments. Contributing author Piet Eichholtz from the University of Maasstricht contributes a chapter that explores international real estate investments, both opportunistically and structurally, by outlining elements for developing and implementing real estate investments successfully abroad. Jim Clayton from the University of Cincinnati thoroughly revised and updated the finance coverage and end-of-chapter questions throughout. In this edition Geltner and Miller enhance their unmatched pedagogy by adding discussion of the real options application to real estate development and streamlining the discussion of data returns.
Author:David M. Geltner, Norman G. Miller, Jim Clayton, & Piet Eichholtz