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Real Estate Finance: Theory and Practice
     

Real Estate Finance: Theory and Practice

by Terrence M. Clauretie, G. Stacy Sirmans
 
This insightful text applies the theoretical aspects of financial economics to explain how real estate financial institutions and markets have developed and evolved to their present state, and why they take the form they do.

Overview

This insightful text applies the theoretical aspects of financial economics to explain how real estate financial institutions and markets have developed and evolved to their present state, and why they take the form they do.

Editorial Reviews

Booknews
Providing a foundation of economic theory and finance principles, this textbook explains how real estate finance markets work, applying theoretical perspectives to the study of real estate financial institutions and markets. The primary tools of financial analysis are applied to real estate and mortgage markets. Topics like federal regulation, ethics, fraud, and agency problems are also discussed. A companion CD-ROM contains tables, financial data, documents, and worksheets. Clauretie teaches at the University of Nevada, Las Vegas. Sirmans teaches at Florida State University. Annotation c. Book News, Inc., Portland, OR (booknews.com)

Product Details

ISBN-13:
9780324139822
Publisher:
Cengage South-Western
Publication date:
08/28/1998
Edition description:
Older Edition
Pages:
584
Product dimensions:
8.50(w) x 11.12(h) x 1.11(d)

Meet the Author

Terrence M. Clauretie received his Ph.D. in Economics from Washington State University. He is currently a professor of Real Estate Finance at UNLV. To date, he has authored three texts and 75 articles in academic and professional journals. He is a fellow of the Homer Hoyt Advanced Studies Institute, and also a former adjunct professor of the National Association of Corporate Real Estate Executives.

G. Stacy Sirmans is the Kenneth G. Bacheller Professor of Real Estate at the Florida State University. He has published extensively in the real estate area on a variety of topics. His work has appeared in journals such as the Journal of financial and Quantitative Analysis, the Journal of Real Estate Finance and Economics, and the Journal of Real Estate Research. He has also served on a number of editorial boards of academic journals. Dr. Sirmans holds a Ph.D. in Finance and Real Estate from the University of Georgia. He has taught at Emory University and Clemson University, and has served as a Visiting Scholar to the Federal Home Loan Bank Board.

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