Underwriting Commercial Real Estate in a Dynamic Market: Case Studies

A recurrent theme in Underwriting Commercial Real Estate in a Dynamic Market is that good thinking and good underwriting go together. This stands in contrast with getting an answer or even worse reverse engineering - getting to a solution by assuming that the market outcome is best. While the cases in Underwriting Commercial Real Estate in a Dynamic Market may not yield the answer, they force a rich conversation about what constitutes a good trade-off and what does not. Cases can be structured for use with introductory material as well as advanced topics. Encourages readers to think about alternatives and their viabilityAddresses real world variations and concentrates on large urban economic forces and their implications for real estate valuationPresents case studies that vary significantly in length and specificityIncludes pedagogical materials such as case introductions and exhibits INDICE: Section 1: Essentials and the Importance of Context Case 1: Bayview Corporate Center Case 2: Marina Bay Case 3: Atwood Corporate Center Section 2: Investment Risks: Actual, Perceived, and Pricing Both Case 4: Chasing Safety, Needing Yield Case 5: Finding Returns by Avoiding Competition Case 6: Core Too Expensive? Build It Case 7: Opportunities from Watching Capital Relax Section 3: Investors and Investment Horizons Case 8: East Gate Case 9: 2050 Main Case 10: What Inning? What Game? Case 11: What next? Section 4: Deal Structure Case 12: Denver Land Assembly Case 13: Leaving Littleton Case 14: The Minnifield Project Case 15: Grocery Goes Vertical Section 5: Teaching Notes/Interpretations/Extensions

• ISBN: 978-0-12-815989-7
• Editorial: Academic Press
• Encuadernacion: Rústica
• Páginas: 250
• Fecha Publicación: 01/05/2019
• Nº Volúmenes: 1
• Idioma: Inglés