Real Estate Issues

Trade publication covering the real estate industry.

Articles from Vol. 22, No. 3, December

Editor's Statement
Capital formation in real estate is occurring at a more rapid pace than at any other time in our history. Most of the market mechanisms to enable this cadence of growth have been developed only in the last several years, and the shift in real estate...
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Exploring Capitalization Rate Differentials across Property Types
The understanding of how asset market behavior differs across property types is important for institutional investors contemplating property-type diversification strategies. INTRODUCTION This article presents the results of analytical work intended to...
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How Real Estate Debt Affects Asset Allocation
Real estate leverage generates results not expected or understood by the typical investment professional. It distorts the performance of the bond portfolio and corrupts the carefully planned asset allocation of the total portfolio. Investors and real...
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Real Estate Capital Flows: The Money Trail
The pulse is racing for real estate-especially as measured in the public markets. Investable real estate is profoundly being redefined, from both a source of capital and the type of property chosen. ne clear message resonates from the 1980s: real estate...
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Real Estate Capital Markets: A New Paradigm?
This is an adaptation of an article: "Commercial Real Estate Finance Trends," which appeared in the May 1997 issue of Urban Land. Adapted and reprinted with the permission of Urban Land. INTRODUCTION The purpose of this article is to examine commercial...
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Real Estate Capital Market Trends & Applications
The explosion in the availability of real estate capital markets data has underscored the importance of determining which information is important, and how it can be applied to assist real estate decision-makers. INTRODUCTION The real estate industry...
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The Impact of the Taxpayer Relief Act of 1997 on Real Estate Investors
More than 1,100 tax changes became law on August 5, 1997. Several of the provisions of the Taxpayer Relief Act of 1997 have implications for real estate investors. INTRODUCTION If real estate investors are to maximize after-tax profits and maintain appropriate...
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Western Real Estate Advisors Case Study: REIT Roll-Up
This case is based on a series of roll-up proposals offered to institutional investors over the last year. The pressure for "action" inherent in the roll-up situation creates a crucible in which assets, careers, and fortunes may be made or lost in a...
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Will the Volatility of the Real Estate Cycle Continue?
At this time, certain economists and financial reporters are predicting the end of the business cycle as we have known it. As real estate practitioners, most of us would probably disagree with that premise. In my opinion, one of the fundamental factors...
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