Real Estate Issues

Trade publication covering the real estate industry.

Articles from Vol. 18, No. 1, Spring/Summer

A Case for Mark-to-Market Residential Mortgages
The residential mortgage market has expanded tremendously over the last decade-and-a-half. Although the market's annual growth rate has slowed recently, it still equals or exceeds that of any other major debt market over the past 15 years, including...
Applying Fair Market Value Concepts to Water Rights
Market acquisitions of water rights are increasingly common in regions where existing water supplies are fully appropriated and development of new supplies is costly. Both market acquisition and development encourage new water users to bid water away...
Creating an Urban Real Estate Market in Russia
The author expresses her deep appreciation to John K. Rutledge, CRE, for his useful discussions and editorial assistance in preparation of this article.Following the collapse of the Soviet Union and the failure of its communist/socialist system, Russia...
Military Base Closings: Thrifty, Objective Spendthrift Process
There is a curious anomaly in public policy toward military base closings. Bases are closed to reduce the federal budget deficit and increase economic efficiency.(1) However, the way in which surplus bases are given away to local governments prevents...
Real Estate and Moral Hazard
There is plenty of credit available and at attractive rates. It is just not available to real estate. This is true for several reasons, primarily because of the one to twelve year oversupply of commercial real estate, depending on product-type and location....
Real Estate Service Firms: Why Partnerships Succeed or Fail
To the best of my knowledge, I don't know of anything written on becoming a partner, what to expect and how partnerships typically work. There are no courses to attend or exams to take. The only exam is experience. Based on my experience, I thought it...
Short Run Break-Even Analysis for Real Estate Projects
Cost-volume-profit analysis for real estate projects is a new application of an old but trustworthy accounting analysis technique. This article describes this technique by citing a congressionally-chartered nonprofit service organization which was going...
Short Run Break-Even Analysis for Real Estate Projects
Cost-volume-profit analysis for real estate projects is a new application of an old but trustworthy accounting analysis technique. This article describes this technique by citing a congressionally-chartered nonprofit service organization which was going...
Tenant Representation by Advisors and Brokers
INTRODUCTIONThis chapter looks at the office building from the perspective of the tenant and his advisors--a viewpoint significantly different from that of the group of real estate professionals who are called upon to maximize the value of the property.Owners...
The Impact of Public Housing: A New Perspective
This article examines how the use of existing structures for public housing affects surrounding residential property values. The Cuyahoga Metropolitan Housing Authority (CMHA) in Cleveland, Ohio, has, for several years, administered the Acquisition Housing...