Download or read book Real Estate Valuation and Strategy A Guide for Family Offices and Their Advisors written by John Kilpatrick and published by McGraw Hill Professional. This book was released on 2020-02-07 with total page 480 pages. Available in PDF, EPUB and Kindle. Book excerpt: Establish a sound, multi-generational approach to real estate ownership and wealth preservation No facet of a family’s investment portfolio is as ubiquitous as real estate. Every successful family is invested in some way. The most savvy investors and their advisors understand the complexity of curating this portfolio and maximizing wealth preservation. Real Estate Valuation and Strategy is the definitive guide for anyone seeking to reduce long-term portfolio risk and enjoy significant tax advantages while preserving and growing wealth. This comprehensive, in-depth guide addresses key real estate investment strategy issues from the perspective of the successful, wealth investor. Providing the knowledge and insights needed to avoid common pitfalls, optimize the property investment cycle, and evaluate holdings from a long-term perspective. One of the leading experts in the field, Dr. John Kilpatrick covers nuances of real estate investing that are rarely presented in one succinct volume: • Key and critical differences among various categories of real estate • Acquisition strategies to uncover hidden wealth or avoid hidden pitfalls • Valuation of long-term holdings, including forest land, ranches, and collectable “trophy” holdings • When and how to use leverage for short- and long-term opportunities • Strategies for joint ventures • Monitoring holdings for early warning signals Whether you’re managing your own portfolio or assisting high-net-worth families, Kilpatrick provides tools and information you need to find, manage, and optimize top-tier real estate investments—ensuring that your family or clients thrive now and in the future.

Download or read book The Valuation of Real Estate written by Australian Property Institute and published by . This book was released on 2007 with total page 691 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Real Estate Valuation Theory written by Manya M. Mooya and published by Springer. This book was released on 2016-03-17 with total page 185 pages. Available in PDF, EPUB and Kindle. Book excerpt: This monograph critically reviews and updates real estate valuation theory, which is based on neoclassical economics, in light of developments in heterodox economic theory. Building on a comprehensive historical account of the evolution of value theory, the book uses new institutional economics theory and critical realism as lenses through which problems in standard valuation theory and practice are expatiated, and as the foundation for an alternative theory. The new theory is employed to explain major problems in real estate valuation that are beyond the capability of the standard theory, such as price bubbles in real estate markets, anchoring bias, client influence and valuation under uncertain market conditions.

Download or read book Real Estate Valuation written by G. Jason Goddard and published by Routledge. This book was released on 2021-12-15 with total page 238 pages. Available in PDF, EPUB and Kindle. Book excerpt: This is a practical and accessible guide for students, filled with international case studies, which illustrate the framework of the book (valuation under uncertainty), as well as, a host of discussion questions to aid learning. Provides a unique and more comprehensive approach than competing texts, explaining variations in valuation outcomes by drawing on the psychological foundations of valuation theory. For educators it will help to widen the lens on what truly should be considered when valuing property.

Download or read book Real Estate Market Valuation and Analysis written by Joshua Kahr and published by John Wiley & Sons. This book was released on 2006-02-10 with total page 257 pages. Available in PDF, EPUB and Kindle. Book excerpt: "A fresh, insightful look at how real estate professionals actually value properties and analyze markets. The focus on different product types as well as market segments are especially useful." --Barry Hersh, AICP, Associate Professor of Real Estate and Urban Planning, City University of New York This in-depth look at the core tools of real estate valuation will show you how to analyze the real estate market and assess the financial feasibility of a project. Many people go with their instincts or past experience when reviewing the financials and fail to utilize the useful data and analytical tools available in this field. Get the analytical data and tools you need to assess the financial feasibility of any project. Order your copy today.

Download or read book The Appraisal of Real Estate written by Appraisal Institute (U.S.) and published by . This book was released on 1996 with total page 842 pages. Available in PDF, EPUB and Kindle. Book excerpt: The 12th edition of this textbook has been revised and reorganized significantly for greater clarity, coherence and consistency. Coverage includes emerging issues such as the impact of automated valuation models on the appraisal industry; the new emphasis on extraordinary assumptions and hypothetical conditions in recent revisions of standards of professional practice; and important data sources. For both novice appraisers and established practitioners. c. Book News Inc.

Download or read book The Valuation of Real Estate written by Alfred A. Ring and published by . This book was released on 1970 with total page 680 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Real Estate Appraisal written by Sarah Sayce and published by John Wiley & Sons. This book was released on 2009-02-11 with total page 352 pages. Available in PDF, EPUB and Kindle. Book excerpt: The education of the real estate professional is changing andaligning itself more closely with the world of business. This book takes a new approach to property appraisal by exploringthe pricing mechanism in this changing context. It: * develops the notion of the pricing mechanism in relation toproperty * covers practical issues of comparison and the real problems inapplying valuation theory * explores calculations - including social and environmental worth- ignored in other texts As real estate professionals now advise both on strategic andoperational aspects of built assets, they must take into accountpractices of other investment markets and see investors ascompetitors to owner-occupiers. Both owner-occupiers and investorshave to assess accurately how their buildings perform but also beaware of wider sustainability issues, and social and environmentalresponsibilities. Real Estate Appraisal: from value to worth meets these new demandsby examining the latest techniques of the marketplace; developingan understanding of both market appraisal and worth; andhighlighting the emerging role of sustainability as a driver fordecision-making in real estate. Written by a group of highly experienced lecturers andprofessionals at the cutting edge of investment practice, the bookhas an accessible style and authoritative coverage, for bothstudents and practitioners facing changes in established ways ofworking. For supporting material please go towww.blackwellpublishing.com/sayce

Download or read book Advanced Issues in Property Valuation written by Hans Lind and published by John Wiley & Sons. This book was released on 2021-05-11 with total page 164 pages. Available in PDF, EPUB and Kindle. Book excerpt: Discover an insightful new text covering advanced problems in real property valuation In Advanced Issues in Property Valuation, real estate valuation experts and authors Hans Lind and Bo Nordlund provide a deep understanding of the concepts, theories, methods and controversies in property valuation. The book introduces readers to controversies and discussions in real estate valuation, including the relevance of market value for valuation for lending purposes, how uncertainty in property valuations should be interpreted, and the relationship between market value and fair value in financial reporting. Readers will also benefit from the inclusion of: A thorough introduction to the concepts, theories, methods and problems in real estate property valuation An exploration of the relevance of market value for valuation for lending purposes A practical discussion of how uncertainty in property valuations should be interpreted A concise treatment of the relationship between market value and fair value in financial reporting An examination of how concerns about sustainability and other structural changes can affect property valuation Perfect for graduate level students in courses involving valuation or real estate, Advanced Issues in Property Valuation is also an excellent resource for real estate practitioners who wish to update and deepen their knowledge about property valuation.

Download or read book Property Valuation written by D. Scarrett and published by Taylor & Francis. This book was released on 2002-09-26 with total page 241 pages. Available in PDF, EPUB and Kindle. Book excerpt: An introductory, first year text on property valuation with a clear, well-defined structure based around the five valuation methods.

Download or read book Real Estate Valuation in Litigation written by James D. Eaton and published by Appraisal Inst. This book was released on 1995 with total page 596 pages. Available in PDF, EPUB and Kindle. Book excerpt:

Download or read book Commercial Property Valuation written by Giacomo Morri and published by John Wiley & Sons. This book was released on 2019-07-09 with total page 233 pages. Available in PDF, EPUB and Kindle. Book excerpt: A practical guide to the best approaches for commercial real estate value assessment Commercial Property Valuation provides a comprehensive examination of principles and methods of determining the accurate value of commercial assets. This invaluable resource covers all key elements of commercial property valuation, including valuation queries, real estate report structure, market analysis, capitalization and discount rates estimation, and more. This book details the economic characteristics unique to commercial property and illustrates property-specific risk factors and mitigation strategies. Drawing from years of professional and academic experience, the authors provide accurate information on multiple valuation approaches suitable for commercial real estate such as sales comparison, income capitalization and residual land value. Favoring real-world practicality over complex formulas, this book provides a powerful set of tools to assist readers in selecting and applying the best valuation approach to various situations. Actual case studies of office buildings, hotels, high street retails, and residential developments allow readers to understand and apply appropriate valuation methodologies. Commercial property is a major investment class that offers abundant opportunities but poses unique risks. Thorough and inclusive knowledge is essential to success in this complex and competitive sector of real estate. This book provides expert coverage of critical topics allowing readers to: Identify the unique economic characteristics and potential risks of commercial real estate valuation and investment Focus on methods specific to commercial real estate valuation Learn how to select and apply the appropriate valuation method in a variety of scenarios Access sample Excel spreadsheets and ancillary online resources including slides and useful Internet links Commercial Property Valuation is an essential resource for investors, appraisers, consultants, accountants, and students in real estate courses.

Download or read book Property Valuation written by Peter Wyatt and published by John Wiley & Sons. This book was released on 2013-05-13 with total page 455 pages. Available in PDF, EPUB and Kindle. Book excerpt: This new edition of the ‘all in one' textbook for the postgraduate study of valuation on real estate courses retains its focus on the valuation and appraisal of commercial and industrial property across investment, development and occupier markets. It is structured from the client perspective and covers single-asset pricing, risk and return issues. The structure of the book has been substantially revised. Part A introduces the key microeconomic principles, focussing on land as a resource, production functions, supply and demand and price determination. The locational aspect of real estate is also introduced. Macroeconomic considerations are categorised by the main market sectors (and their function); the market for land (development), for space (occupation) and for money (investment). The economic context is set and the author then explains why property valuations are required and discusses the main determinants of value and how they might be identified. The mathematics required to financially quantify value determinants are also introduced. Part B of the book describes the methods of valuation; Part C applies these methods to the valuation of a range of property types for a wide variety of purposes; and Part D covers investment and development appraisal. The author introduces valuation activities from a broad economic perspective, setting valuation in its business finance context and combining its academic and practical roots. Changes in this second edition include: less daunting economics expanded companion website with PowerPoint slides for lecturers, self-test Questions & Answers for students: see www.wiley.com/go/wyattpropertyvaluation up-to-date case studies and sample valuations reference to the newly-published Red Book (the valuer’s bible) Property Valuation with its user-friendly format, using tried-and-tested teaching and learning devices and a clear writing style, remains the core text for students on real estate, estate management and land economy degree courses, as well as for fast-track conversion courses for non-cognate graduates.

Download or read book Flexibility and Real Estate Valuation under Uncertainty written by David Geltner and published by John Wiley & Sons. This book was released on 2018-02-19 with total page 256 pages. Available in PDF, EPUB and Kindle. Book excerpt: Provides a revolutionary conceptual framework and practical tools to quantify uncertainty and recognize the value of flexibility in real estate development This book takes a practical "engineering" approach to the valuation of options and flexibility in real estate. It presents simple simulation models built in universal spreadsheet software such as Microsoft Excel®. These realistically reflect the varying and erratic sources of uncertainty and price dynamics that uniquely characterize real estate. The text covers new analytic procedures that are valuable for existing properties and enable a new, more profitable perspective on the planning, design, operation, and evaluation of large-scale, multi-phase development projects. The book thereby aims to significantly improve valuation and investment decision making. Flexibility and Real Estate Valuation under Uncertainty: A Practical Guide for Developers is presented at 3 levels. First, it introduces and explains the concepts underlying the approach at a basic level accessible to non-technical and non-specialized readers. Its introductory and concluding chapters present the important “big picture” implications of the analysis for economics and valuation and for project design and investment decision making. At a second level, the book presents a framework, a roadmap for the prospective analyst. It describes the practical tools in detail, taking care to go through the elements of the approach step-by-step for clarity and easy reference. The third level includes more technical details and specific models. An Appendix discusses the technical details of real estate price dynamics. Associated web pages provide electronic spreadsheet templates for the models used as examples in the book. Some features of the book include: • Concepts and tools that are simple and accessible to a broad audience of practitioners; • An approach relevant for all development projects; • Complementarity with the author's Commercial Real Estate Analysis & Investments—the most-cited real estate investments textbook on the market. Flexibility and Real Estate Valuation under Uncertainty: A Practical Guide for Developers is for everyone studying or concerned with the implementation of large-scale or multi-phase real estate development projects, as well as property investment and valuation more generally.

Download or read book Real Estate Valuation Theory written by Ko Wang and published by Springer Science & Business Media. This book was released on 2002-09-30 with total page 464 pages. Available in PDF, EPUB and Kindle. Book excerpt: Is real property appraisal evolving, or have all of the "big ideas" already been conceived? This question has been circulating among the leaders of the Appraisal Institute during the past several annual meetings, usually encountering little in the way of satisfying answers. This is not too surprising, because grand ideas and new knowledge do not typically evolve from off-hand conversation. They are the product of focused intellectual activity and hours of difficult work. This unquenched thirst for new knowledge is the primary reason for assembling this collection of new manuscripts dealing with valuation theory, which was financially underwritten by the Appraisal Institute. Their generosity and willingness to partner with the American Real Estate Society made this collection of thoughtful and thought provoking essays possible. They are the result of a global response to a worldwide call for papers, and demonstrate that real estate valuation is indeed an international discipline. The United States, Australia and New Zealand, Southeast Asia, the Pacific Rim, and Europe are all represented by this impressive collection of authors. Together, the eighteen essays that make up this volume demonstrate that there are a sufficient number of "big ideas" to challenge and improve the appraisal profession for years to come. Real Estate Valuation Theory is organized around five categories of intellectual contribution to the whole-appraiser decision making and valuation accuracy, application of nontraditional appraisal techniques such as regression and the minimum-variance grid method, appraising contaminated property, ad valorem tax assessment, and new perspectives on traditional appraisal methods. One common thread is that all of the papers are exceptionally well written and thought provoking.

Download or read book The Income Approach to Property Valuation written by Andrew Baum and published by Routledge. This book was released on 2017-12-22 with total page 477 pages. Available in PDF, EPUB and Kindle. Book excerpt: A classic textbook that has guided generations of students through the intricacies of property valuation, The Income Approach to Property Valuation remains a keen favourite amongst students and teachers alike. This new edition has been thoroughly revised and updated to meet the increasingly international perspectives of modern Real Estate students. The links between theory and practice are clearly demonstrated throughout, with a range of new international case studies and practice-based examples. The Income Approach to Property Valuation teaches readers: how to analyse market rents and sales prices to derive market evidence to support an opinion of market value; the investment method of valuation and how it is applied in practice; how specific legal factors can impact on market value when they interfere with market forces; what the market and the profession may consider to be the 'right' methodology in today's market place; and how to use spreadsheets in valuation. This extensively revised new edition is perfect both for students on Real Estate courses worldwide and for professional candidates working towards their final assessment of professional competence (APC) for the Royal Institution of Chartered Surveyors, needing to demonstrate a valuation competence at levels 2 and 3.

Download or read book Going Concern Valuation written by L. Deane Wilson MA ASA and published by iUniverse. This book was released on 2012-02-09 with total page 220 pages. Available in PDF, EPUB and Kindle. Book excerpt: Our purpose in writing this book is multifaceted. First, this book aims to present a clear understanding of going concern valuations, at the same time resolving the current misrepresentations surrounding the issue. Additionally, this book offers a new set of rules readers can use to determine which property types qualify as going concern valuations and which do not. This book presents an understanding that in performing a Going Concern Valuation of properties which are perceived to have a business component, it may not be possible to segregate, allocate, or value the components individually. For example, when appraising the going concern value of a motel with occupancy of 75% it could be argued and possibly proven that there is a value that can be separated from the overall value, or going concern value, to the business component. On the other hand, however, appraising that same motel with only 40% occupancy presents a completely different set of circumstances that could easily draw completely opposite conclusions. It simply may be a lack of sufficient tools or data to argue and prove that the business component in fact has value separate from the real estate. To do so with authority is tantamount to ignorance or arrogance.