Private Real Estate Markets and Investments (eBook, PDF)

Redaktion: Baker, H. Kent; Chinloy, Peter

• Format: PDF

Produktbeschreibung

This book provides an overview of private real estate markets and investments. The 14 chapters are divided into three sections for conventional and alternative real estate investments and regulatory issues. Conventional investable real assets examined are retail spaces, apartments, offices, and industrial facilities owned by corporate entities. Alternative real estate assets are uniquely and extensively addressed. These include healthcare, both for facilities and the pricing to make it an investable asset; infrastructure contains roads, bridges, and public utilities; and resources are in land, agriculture, oil, and gas. The regulatory section includes appraisal and valuation, brokerage and transaction costs, sustainability, and green buildings. Readers should gain a greater appreciation of what is needed to be successful when investing in private real estate markets. The share of real estate in institutional portfolios has risen above a previous 5% target, as investors avoid the risks of low interest rates. The world's wealth is shifting to emerging markets where real estate is already a dominant asset class and public securities markets are limited. Institutions with long horizons avoid publicly traded markets because they want to capture any premium from illiquidity. Real estate involves local and cultural restrictions on land usage, sustainability and on the regulation of the illiquidity. For information about public real estate, read Public Real Estate Markets and Investments.

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Produktdetails

• Verlag: Oxford University Press
• Seitenzahl: 336
• Erscheinungstermin: 7. August 2014
• Englisch
• ISBN-13: 9780199388769
• Artikelnr.: 41271081

Autorenporträt

H. Kent Baker is a University Professor of Finance at the Kogod School of Business, American University. He has published 17 books and more than 150 refereed journal articles and is recognized as one of the most prolific finance academics. Professor Baker also has consulting and training experience with more than 100 organizations.

Inhaltsangabe

Acknowledgments
About the Editors
About the Contributors
PART 1 FOUNDATIONS OF PRIVATE REAL ESTATE
1. Private Real Estate Markets and Their Regulation: An Overview
H. Kent Baker and Peter Chinloy
2. Institutional Real Estate Markets
Glenn R. Mueller
3. Real Estate Cycles: International Episodes
Man Cho and Kyung-Hwan Kim
4. Behavioral Real Estate
Michael J. Seiler
PART 2 PRIVATE ASSETS AND PROPERTIES
5. Multifamily Investment
William G. Hardin III
6. Retail Real Estate
François Des Rosiers and Marius Thériault
7. Healthcare Facilities
Isaac Megbolugbe and Douglas Hough
8. Healthcare Providers
Douglas Hough and Isaac Megbolugbe
9. Corporate Real Estate
Peter Linneman
10. Mineral Rights, Oil, and Gas
John S. Baen and Ming Kai Low
11. Infrastructure
Hsu-Wen Peng and Graeme Newell
PART 3 AGENCY AND SUSTAINABILITY
12. Appraisal and Valuation
John Kilpatrick
13. Real Estate Brokerage
G. Donald Jud
14. Green Buildings
Sandy Bond and Elaine Worzala
Answers to Discussion Questions
Index