Real Estate Investment Yield Linkages

Spring/Summer 1992, Vol 17, No 1 Abstract: This article illustrates the relationship between the gross rental multiplier and the overall capitalization rate, the overall capitalization rate and the discount/internal rate of return, the equity yield and the internal rate of return, and the linkage to equity dividend (cash-on-cash) rate.

The Impact of Supply Changes on Real Net Operating Income: The Multi-Family Perspective

Spring/Summer 1992, Vol 17, No 1 Abstract: Against the backdrop of historical debt and equity capital market flows, this article examines the impact of additions to the supply of multi-family dwellings on real (i.e. inflation adjusted) net operating income.

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Rationalizing Environmental Cleanup

Fall/Winter 1991, Vol 16, No 2 Abstract: The scientific community is beginning to acknowledge that it is neither practical nor necessary to attempt costly and uncertain cleanup procedures of hazardous or toxic wastes that have contaminated the soil or groundwater. Instead they are suggesting common sense restrictions on land or groundwater use as remediation measures. This… Read more

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Current Legal Issues Raised by Environmental Hazards Affecting Real Estate

Fall/Winter 1991, Vol 16, No 2 Abstract: Discussed in this article are environmental problems, conditions and concerns of importance to those with real estate interests, including owners lessees, mortgage lenders and real estate practitioners. The author specifically focuses on laws and regulations that have been adopted to address environmental concerns and the impact of such laws… Read more

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A Case for an Environmental Real Estate Market

Fall/Winter 1991, Vol 16, No 2 Abstract: The supply and acquisition of property for conservation by public agencies have increased to the point that conserved property may constitute a generally unrecognized real estate market. The author articulates terms and concepts to clarify the nature of conserved property and suggests possible root causes of public agencies’ tendencies… Read more

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How a Garbage Dump Became a Post Office

Fall/Winter 1991, Vol 16, No 2 Abstract: This case study describes negotiations for the development site of a postal facility on a former municipal garbage dump located at Albuquerque International Airport. The study also reviews the economic justification for the city of Albuquerque to assume the responsibility for the dump cleanup. Read More