Real Estate Finance: Theory and Practice [Hardcover]

Terrence M. Clauretie (Author), G. Stacy Sirmans (Author)

Book Description

Publication Date: July 29, 1998 | ISBN-10: 0139749160 | ISBN-13: 978-0139749162 | Edition: 3rd

Based on sound economic and finance principles, the primary goal of this market-leading text is to promote a greater understanding of how real estate financial markets work. The authors blend theory with practice applying the theoretical aspects of financial economics to explain how Real Estate financial institutions and markets have developed and evolved to their present state, and why they take the forms they do. The impact of major federal legislation that applies to real estate finance (especially residential) is also addressed.

--This text refers to an alternate Hardcover edition.

Editorial Reviews

From the Publisher

This text applies economic and financial theory to explain the development of real estate financial institutions and markets. In addition to applying this theoretical foundation, the text develops an understanding of the major institutions and the roles they play in the real estate finance market, the major federal legislation that impacts real estate finance, and how law shapes and affects the form of the real estate finance market. --This text refers to an out of print or unavailable edition of this title.

From the Back Cover

Key Benefit:Building a solid foundation on which to understand the real estate financial market, this enlightening guide applies the theoretical aspects of financial economics to explain how real estate financial institutions and markets have developed and evolved to their present state, and why they take the form they do. Offering easy-to-follow analyses of many of the complicated models of real estate finance, it keys in on the major institutions and the roles they play in the real estate finance market; the major federal legislation that impacts real estate finance; and how laws shape the field.Key Topics: Deals with financial markets in general, finance theory, and the application of finance theory to real estate. Covers issues related to residential real estate finance, and considers commercial real estate finance, including discussions on the use of debt (leverage) in financing properties, the impact of tax laws on financing commercial properties, and more. Considers special topics, such as real estate in a portfolio context, and lender legal liability, ethics and fraud in real estate. Now includes 1997 tax changes, and updates tables, exhibits, data and references of empirical work throughout.

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Product Details

• Hardcover: 584 pages
• Publisher: Prentice Hall College Div; 3rd edition (July 29, 1998)
• Language: English
• ISBN-10: 0139749160
• ISBN-13: 978-0139749162
• Product Dimensions: 11.2 x 8.5 x 1 inches
• Shipping Weight: 3.4 pounds
• Average Customer Review: 4.0 out of 5 stars  See all reviews (1 customer review)
• Amazon Best Sellers Rank: #1,823,890 in Books (See Top 100 in Books)

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Customer Reviews

Most Helpful Customer Reviews

1 of 43 people found the following review helpful:

4.0 out of 5 stars excellent condition, September 18, 2005

By 

Frances Whitaker (Las Vegas,NV,USA) - See all my reviews
(REAL NAME)   

This review is from: Real Estate Finance: Theory and Practice (with CD-ROM) (Hardcover)

Although the book was not shipped that quickly, the book was in excellent condition. I am very satisfied with the book's condition. I just thought I would have received the book sooner.