The ABC’s of Asset Management
Fall 2004, Vol 29, No 3 Abstract: Asset Management can be defined as the process of overseeing property performance with the goal of enhancing value and maximizing return to the owner. Asset management does not consist of a single activity that takes place at a discrete moment in time. It takes place over the life cycle… Read more
Real Estate in the Investment Portfolio
Fall 2004, Vol 29, No 3 Abstract: Modern portfolio theory (MPT) began in 1952 with the publication of an important article by Harry Markowitz. Markowitz was the first researcher to prove the old adage “Don’t put all your eggs in one basket.” Essentially, he proved mathematically that by diversifying investments, the investor can lower the risk… Read more
Insider’s Perspective: Focus on Hotels and Hospitality – Are Floating-Rate Mortgages Best for Hotels?
Fall 2004, Vol 29, No 3 Abstract not available
Insider’s Perspective: Focus on Global Issues – Building Conservation
Fall 2004, Vol 29, No 3 Abstract not available
Have Redevelopment Agencies Gone Too Far Using the Power of Eminent Domain? The Supreme Court May Soon Tell Us
Fall 2004, Vol 29, No 3 Abstract: Few would disagree that redevelopment—in its traditional context—can be beneficial to society. Redevelopment has been responsible for revitalizing blighted and dilapidated communities where the previous property owners were either unwilling or economically unable to improve the property on their own. But while few would deny the possible benefits of… Read more
Insider’s Perspective: Focus on Investment Conditions – Searching for Clarity in An Uncertain World
Fall 2004, Vol 29, No 3 Abstract not available. Read More