Real Estate Performance Measures

December 1995, Vol 20, No 3 Abstract: This article provides an overview on how performance measures for real estate investments are constructed and used by institutional investors to gauge real estate performance compared to other asset classes. It also measures the performance of different property types and geographic areas.  

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The Commercial Public Debt Market

December 1995, Vol 20, No 3   Abstract: The emergence and growth of the CMBS market will potentially change the way real estate entities manage their balance sheets in much the same way the creation of the commercial paper market changed how corporations finance their needs. The authors address both the benefits and issues of the… Read more

What’s New in Asset Allocation?

December 1995, Vol 20, No 3 fea Abstract: The use of modern portfolio theory in the management of real estate portfolios is just starting to be accepted. A new theory – the Quadrant Approach to Real Estate Investing – is now emerging that creates both opportunity and pitfalls to the investment process. The article explains the… Read more

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The Prudent Use of Electronic Information

December 1995, Vol 20, No 3 Abstract: To prudently manage pension investments, real estate professionals must effectively utilize information technology. The article explores the major technological changes which are occurring and what these changes mean to real estate counselors. The Internet, secure wide-area networks, CD ROM and computerized mapping are among the topics addressed.

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Institutions Re-Examine Real Estate

· December 1995, Vol 20, No 3 features Abstract: Real estate has been dramatically repriced due to major changes in the industry and economy. Pension funds, life insurance companies and commercial banks have responded differently to the opportunities in today’s market. Some are expanding or selling their real estate portfolios, and others are moving from equity to… Read more

Counseling the Institutional Client

December 1995, Vol 20, No 3 Abstract: This article speaks to the many ways Counselors can be involved with institutional clients through management, development and appraisal opportunities. The author emphasizes the importance of the Counselor's knowledge, integrity and sophistication in providing client service. Electronic data analysis is not a substitute for experience and judgement. Read More