Changes in the Hotel Industry’s Financial Picture

Summer 1999, Vol 24, No 2 Abstract: The hotel industry has undergone a tremendous turnaround in profitability during the 1990s. The improvement in market fundamentals and changes in technology have had strong impacts on every property’s financial statement. This articles presents a primer on some important areas for counselors to evaluate the performance of lodging facilities.

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The Role of Trust in Real Estate

Summer 1999, Vol 24, No 2 Abstract: Because real estate decisions are inevitably based on uncertain, imprecise, and incomplete information, trust looms large. Those investors and service providers who understand the role of trust and effectively embrace the concept of trust in their real estate involvements can achieve performance significantly superior to those who do not.

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Settlement of an Oil Pipeline Leak with Contaminated Residential Property: A Case Study

Summer 1999, Vol 24, No 2 Abstract: When oil pipeline leaks occur over a long period of time and a plume of petroleum product infiltrates the groundwater, it may cause contamination to drinking water wells nearby. Once this is detected, property values of affected residences can decrease markedly. This case study quantifies the price discounts in… Read more

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Real Estate Cycles: Measuring Differences in Retail Subtypes

Summer 1999, Vol 24, No 2 Abstract: Anecdotal evidence suggests that the market for neighborhood and community center space is very different from that for regional and power center space. Frequently, commentary treats the market for retail space as a single entity. These differences suggest that any analysis of retail space should examine the history of… Read more

Reviving Sick Tax Credit Housing Partnerships

Summer 1999, Vol 24, No 2 Abstract: The Low-Income Housing Tax Credit industry is a dozen years old. The program has successfully delivered more than one million new and renovated affordable multi-family housing units to communities across the country. However, there are a growing number of properties that are under-performing. Many of the problems can be… Read more

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Land Investment in the 21st Century

Summer 1999, Vol 24, No 2 Abstract: U.S. land investment in the early years of the 21st century will be different from what we know today. After describing the basic elements of risk and related strategies present in land investment, the authors review recent history to see how land investment has changed over the past 10-15 years. Finally, they look ahead five to 10 years and predict which of today’s practices and patterns may change as... Read More

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