Summer 2012, Vol. 37, No. 1 features
Abstract: This book “is an excellent new addition to the already crowded collection of texts on real estate math and its applications,” says reviewer William P.J. McCarthy, CRE. Noting that five of the book’s 19 chapters are written by Counselors of Real Estate (CRE®), McCarthy adds that each chapter is timely, well researched, insightful and highly applicable, and their quality is the book’s main strength. The chapters cover topics such as capital restructuring and its consistent reliance on debt financing; sustainable property financial analysis; key considerations in joint venture projects; and recurring cycles in the market and commercial real estate’s role within those cycles. McCarthy recommends this book as one that should have a place in everyone’s library.