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4 of 8 people found the following review helpful:
3.0 out of 5 stars
More of market commentary in nature than analytical,
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This review is from: The Handbook of Commercial Mortgage-Backed Securities, 2nd Edition (Hardcover)
I am a newbie in the REIT field, I read this book with a view to understand the market better and to understand the basic concepts involved in this field. While I must say I did pick up some basic concepts I don't think I understand the market much better than before. The concepts I did pick up was not being explained in detail by the author but he was using those factors and parameters to explain why market behaved in a particular way during, say, the 1985-1990 period.
Now, this is certainly not the book for the beginner, certainly not the book for somebody who wants to analyze how profitable a REIT would be... the mathematical formulas used in the books might be useful for the ones setting up the REIT, but for others, it's certainly not worth the money. |
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Handbook of Commercial Mortgage-Backed Securities by Frank J. Fabozzi (Hardcover - Jan. 1997)
Used & New from: $9.69
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