Finance Subsidiaries: A New Way to Access Capital Markets

Spring/Summer 1989, Vol 14, No 1 Abstract: The finance subsidiary is the latest financial management tool for savings institutions (S&Ls). The subsidiary raises capital by issuing securities at rates lower than the S&L can offer, the most popular security being a dutch auction rate preferred stock (DARPS). This article examines the creation of finance subsidiaries, and… Read more

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Protecting the Rights and Interests of Home Buyers in Cooperatively Brokered Sales

Spring/Summer 1989, Vol 14, No 1 Abstract: The research in this article evaluates alternative agency models and determines which legal model best protects the rights and interests of home buyers in cooperatively brokered residential transactions. The traditional legal model (subagency) is analyzed first, the buyer-seller-broker agency relationship in a cooperatively brokered home sale is defined, and… Read more

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Environmental Hazards and Real Estate

Spring/Summer 1989, Vol 14, No 1 Abstract: Real estate investors may face a variety of environmental hazards, from asbestos in insulation and fireproofing materials to underground toxic wastes. Assessing the impact of environmental hazards on a real estate development is often complex and complicated by increasingly strict governmental cleanup standards. This article describes how the assessment… Read more

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Projecting Housing Demand from Demographics

Spring/Summer 1989, Vol 14, No 1 Abstract: Real estate counselors use demographic information to estimate the demand for housing units in a given area from household population projections. The basic assumption is each new household formation requires some type of housing; further refinements can be made from household income estimates and projections. Income levels determine price… Read more

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Counseling and Eminent Domain

Spring/Summer 1989, Vol 14, No 1 Abstract: Real estate counselors have roles to play in the early development of eminent domain projects as well as in actual negotiations, condemnation actions and the resolution of divergence.

A CRE’s Viewpoint

Spring/Summer 1989, Vol 14, No 1 Abstract: Resolving real estate issues today requires diversified expertise and consequently a team approach. The question, 'Practitioner advising - where do you stop?', is one each practitioner must answer for himself based on professional knowledge, judgement and integrity. Read More

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