Real estate perspectives: an introduction to real estate
Gespeichert in:
| Hauptverfasser: | , , |
|---|---|
| Format: | Buch |
| Sprache: | English |
| Veröffentlicht: |
Boston [u.a.]
McGraw-Hill
2001
|
| Ausgabe: | 4. ed. |
| Schriftenreihe: | The McGraw-Hill/Irwin series in finance, insurance and real estate
|
| Online-Zugang: | Inhaltsverzeichnis |
| Beschreibung: | Getr. Zählung graph. Darst. |
| ISBN: | 0072318228 |
Internformat
MARC
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| 035 | |a (OCoLC)833734541 | ||
| 035 | |a (DE-599)BVBBV025276560 | ||
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| 084 | |a QT 340 |0 (DE-625)142111: |2 rvk | ||
| 100 | 1 | |a Corgel, John B. |e Verfasser |0 (DE-588)171392833 |4 aut | |
| 245 | 1 | 0 | |a Real estate perspectives |b an introduction to real estate |c John Corgel ; David C. Ling ; Halbert C. Smith |
| 250 | |a 4. ed. | ||
| 264 | 1 | |a Boston [u.a.] |b McGraw-Hill |c 2001 | |
| 300 | |a Getr. Zählung |b graph. Darst. | ||
| 336 | |b txt |2 rdacontent | ||
| 337 | |b n |2 rdamedia | ||
| 338 | |b nc |2 rdacarrier | ||
| 490 | 0 | |a The McGraw-Hill/Irwin series in finance, insurance and real estate | |
| 700 | 1 | |a Ling, David C. |e Verfasser |0 (DE-588)130039942 |4 aut | |
| 700 | 1 | |a Smith, Halbert C. |d 1934- |e Verfasser |0 (DE-588)1146053460 |4 aut | |
| 856 | 4 | 2 | |m HBZ Datenaustausch |q application/pdf |u http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=019911251&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |3 Inhaltsverzeichnis |
| 999 | |a oai:aleph.bib-bvb.de:BVB01-019911251 | ||
Datensatz im Suchindex
| _version_ | 1804142341523505152 |
|---|---|
| adam_text | Contents in Brief
1 Real Estate Perspectives 2
PART I
Investment Perspective is
2 Basic Valuation Concepts 20
Appendix 2a: Applying Time-Value-ol-
Money Concepts to Real
Estate 50
Appendix 2b: Solving Time-Value-of-
Money Problems Using
EXCEL 53
3 Investment Property Analysis 60
4 Federal Income Taxation 82
5 Forms of Ownership 122
6 Risk and Real Estate Investment 144
7 Management of the Space and Assets 172
PART II
Market Perspective 202
8 Real Estate Markets 204
9 Land Use, Planning, Zoning, Urban
Problems, and Environmental Hazards 224
10 Market and Feasibility Analysis 250
11 Introduction to Development 274
P A R T I I I
Valuation Perspective 294
12 Valuation by the Sales Comparison and Cost
Approaches 296
13 Valuation by the Income Approach 320
PART IV
Mortgage Finance Perspective 342
14 Creation of Mortgages 344
15 Residential Mortgage Types and Borrower
Decisions 3fifi
16 Sources of Funds for Residential
Mortgages 396
17 Commercial Property Financing 422
xv
Contents in Brief xvi
PART V
Legal Perspective 452
18 Real Property Rights 454
19 Real Property Taxation 478
20 Transfer of Real Property Rights 496
21 Real Estate Brokerage and Listing
Contracts 520
22 Contracts for Sale and Closing 548
Appendix A Answers to Test Yourself Questions 578
Glossary g-i
Index i-i
Con:
1
1 Real Estate Perspectives 2
¦ THE VALUE OF SPACE 3
THE DISCIPLINE OF REAL ESTATE 5
Classical Land Economics 5
The Neoclassical Tradition Is Still Followed Today 5
Ideas about Property Rights and Contracts 7
Financial Economics 7
The Institutions 8
Technological Change 9
REAL ESTATE IN THE WORLD ECONOMY 9
PA
j
Investment
2 Basic Valuation Concepts 20
¦ VALUE: THE CENTRAL IDEA 21
SOME BASIC CONCEPTS 22
What Is Real Estate Valuation? 22
The Trade-off between Return and Risk 23
How Are Decisions Made? 23
TIME VALUE OF MONEY 23
Definitions 24
Equations, Tables, Calculators, and Spreadsheets 26
Six Time-Value-of-Money Operations 30
Loan Amortization 37
INVESTMENT ANALYSIS 40
Present-Value Measures 40
Yield/Rate of Return Measures 40
CAPITALIZATION RATE INTRODUCED 45
APPENDIX 2A Applying Time-Value-of-Money Concepts to
Real Estate 50
APPENDIX 2B Solving Time-Value-of-Money Problems Using
EXCEL 53
PENTS
The Relative Wealth of Real Estate 10
Who Owns America? 10
REAL ESTATE DEFINED 11
The Importance of Value 12
REAL ESTATE PERSPECTIVES: AN OVERVIEW
OF THE BOOK 12
Investment Perspective 13
Market Perspective 13
Valuation Perspective 14
Mortgage Finance Perspective 14
Legal Perspective 15
R T I
Perspective
3 Investment Property Analysis 60
¦ INVESTMENT DECISIONS 61
REAL ESTATE INVESTMENT ANALYSIS 62
Investment Strategy 62
CHARACTERISTICS OF INCOME PROPERTY
INVESTMENTS 63
Property Type 64
Rental Income 64
Purchasers as Investors 65
Geographic Scope 65
FORECASTING CASH FLOWS FROM
OPERATIONS 65
Potential Gross Income 66
Effective Gross Income 67
Operating Expenses 68
Net Operating Income 68
The Treatment of Nonrecurring Expenses 69
Evaluating the Cash Flow Estimates 70
;vii
xviii
FORECASTING CASH PROCEEDS FROM
SALE 71
MEASURING VALUE AND RETURNS 71
Valuation Using Discounted Cash Flow Models 72
Valuation Using Direct Capitalization 76
Why Discount Rates Determine Cap Rates 77
THE EFFECTS OF MORTGAGE FINANCING ON
CASH FLOWS, VALUES, AND RETURNS 77
Effect of Debt on Projected Cash Flows 78
Why Do Investors Borrow? 80
OTHER INVESTMENT CRITERIA 81
Profitability Ratios 81
Multipliers 82
Financial Ratios 83
Limitations of Ratio Analysis 84
VARYING THE ASSUMPTIONS 85
4 Federal Income Taxation 92
B INTRODUCTION 93
Objectives and Implementation of United States Tax Law 93
FOUR CLASSES OF REAL PROPERTY 94
FORMS OF OWNERSHIP 95
INCOME SUBJECT TO TAXATION 96
Types of Income 96
TAX RATES 97
GENERALIZED INCOME TAX
CALCULATION 98
SIGNIFICANCE OF PASSIVE ACTIVITY LOSS
RESTRICTIONS 98
FORECASTING TAXABLE INCOME FROM
OPERATIONS 99
Cash Calculation versus Tax Calculation 100
Operating Expenses versus Capital Improvements 101
Costs of Mortgage Financing 101
Depreciation Deductions 102
Tax Credits 105
Suburban Office Building Example 106
What Is Tax Shelter? 106
FORECASTING TAXABLE INCOME FROM
SALE 108
Fully Taxable Sale 108
Contents
Suburban Office Building Example 110
Net Benefits of Tax Depreciation 111
Effect of Taxes on Values and Returns 112
Ordinary versus Capital Gain Income 112
METHODS OF DEFERRING TAXES ON
DISPOSITION 114
Installment Sale 114
Life-Kind Exchanges 114
TAX FACTORS AFFECTING HOME
OWNERS 115
5 Forms of Ownership 122
m INTRODUCTION 123
SOLE OWNERSHIP 123
C CORPORATION 124
S CORPORATION 124
GENERAL PARTNERSHIP 125
LIMITED PARTNERSHIPS 126
REAL ESTATE INVESTMENT TRUST 126
LIMITED LIABILITY COMPANY 127
COMPARING OWNERSHIP FORMS 127
A CLOSER LOOK AT REAL ESTATE
SYNDICATIONS 129
The Role of the Syndicator/Organizer 129
Regulation 130
A CLOSER LOOK AT REAL ESTATE
INVESTMENT TRUSTS 131
The Growing Importance of Public Real Estate
Markets 131
The New Breed of REITs 132
REIT Valuation 132
SOURCES OF COMMERCIAL REAL ESTATE
EQUITY CAPITAL 134
Private Real Estate Markets 135
Public Real Estate Markets 137
THE RETURN PERFORMANCE OF PUBLIC
AND PRIVATE REAL ESTATE 138
Appraisal-Based Index of Historical Unsecuritized
Returns 138
CONTE
REIT-Based Index of Historical Securitized Returns 139
Historical Returns 139
6 Risk and Real Estate
Investment 144
¦ INTRODUCTION 145
THE CONCEPT OF VARIABILITY 146
SPECIFICATION OF RISK PREFERENCES 148
MEASURING PROJECT-SPECIFIC RISK 150
Variance and Standard Deviation 150
Coefficient of Variation 151
The Use of Subjective Probabilities 152
RISK MANAGEMENT 152
Avoiding Risky Projects 153
Insurance and Hedging 153
Diversification as a Risk-Management Tool 154
THE PORTFOLIO CONCEPT OF RISK 154
Diversifiable Portfolio Risk 154
Covariance and Correlation 156
Examples of Diversifiable Risk 156
Basic Real Estate Diversification Strategies 157
Nondiversifiable Risk 158
CONSTRUCTING AN EFFICIENT
PORTFOLIO 158
Why Are So Many Investors Not Well-Diversified? 160
HOW RISKY IS REAL ESTATE? 160
Historical Returns, Risk, and Correlations 160
PAR
i
Market P
8 Real Estate Markets 204
H LOCATION MAKES MARKETS INTERESTING,
INTERESTING, INTERESTING 205
When Market Prices Do and Don t Equal Market Values 206
Fixed Location Issues 206
Location Theory 207
Location Decisions of Households and Companies 208
.vrs xix
ACCOUNTING FOR RISK IN VALUATION
DECISIONS 162
Risk-Adjusted Discount Rate 163
Quantifying Required Risk Premiums with Asset-Pricing
Models 165
Sensitivity Analysis 166
7 Management of the Space and
Assets 172
B THE IMPORTANCE OF REAL ESTATE
MANAGEMENT 173
Management Responsibilities and Relationships 173
THE VALUE PERSPECTIVE OF
MANAGEMENT 175
Creating Cash Flow 175
Maintaining Cash Flow 178
Cash Flow Risk 181
CONTRACTS INVOLVED IN MANAGING SPACE
AND ASSETS 182
Management Contracts: Separating Ownership and
Management 183
The Nature of Leases 185
Residential Leases 187
Commercial Property Leases 190
Specific Lease Contracts 193
SPECIAL TOPIC: CORPORATE REAL ESTATE
ASSET MANAGEMENT 194
Sale-and-Leaseback Decisions 194
The Lease versus Own Decision 195
. T II
ERSPECTIVE
HOW THE MARKET FOR RENTED SPACES
OPERATES 209
Functions of the Space Market 210
Supply and Demand Model with Vacancy 211
Natural Vacancy 211
Factors Influencing Supply and Demand 212
Rents 212
Rents in Long-Run Balance 213
XX
THE ASSET MARKET 214
Who Participates? 215
Asset Price and Values 215
Replacement Cost and Values 216
SPACE, ASSET, AND CAPITAL MARKET
INTERACTIONS 217
The Economic Fundamentals Matter! 217
Government Influences 218
Do the Individuals Matter? 218
The Psychology of Real Estate Markets 219
Recognizing the Importance of the Capital Market 219
9 Land Use, Planning, Zoning,
Urban Problems, and Environmental
Hazards 224
B DETERMINING LAND USE 225
The Market Solution 226
Externalities 226
PRIVATE RESTRICTIONS 227
PUBLIC PLANNING FOR LAND-USE
CONTROL 228
Development of a Comprehensive Plan 228
Innovation and Flexibility in Comprehensive
Planning 230
Implementation and Review of the Comprehensive
Plan 231
PUBLIC ZONING FOR LAND-USE
CONTROL 231
Purpose of Zoning 232
Legality of Zoning 232
Zoning Administration 234
INCONSISTENCIES WITH PRIVATE
MARKET OUTCOMES 236
Impact on Property Values 236
Reducing Crime, Congestion, and Sprawl 236
Growth Management 238
THE NEW URBANISM 240
ENVIRONMENTAL HAZARDS 241
Governmental Regulation 241
Types of Hazardous Materials 241
Implications for Real Estate Investors 243
Contents
10 Market and Feasibility Analysis 250
a IMPORTANCE OF MARKET STUDIES AND
FEASIBILITY ANALYSIS 251
TYPES OF MARKET AND FEASIBILITY
STUDIES 252
General Market Studies 253
Site-Specific Market Studies 254
Feasibility Studies 258
THE PROCESS OF MARKET ANALYSIS 260
Step 1: Define the Problem 260
Step 2: Evaluate Project Constraints 260
Step 3: Delineate the Market Area or Areas 261
Step 4: Estimate Demand for the Project 261
Step 5: Establish Supply Conditions in the Market 266
Step 6: Correlate Supply and Demand and Make
Recommendations 267
GEOGRAPHIC INFORMATION
SYSTEMS (GIS) 268
11 Introduction to Development 274
m THE CREATION OF REAL ESTATE 275
Development and Construction Businesses 275
Relationships with Consumers and the Public 276
Formation of Development Teams 276
THE DEVELOPMENT PROCESS 279
First Stage: The Idea 279
Second Stage: The Site 280
Third Stage: Feasibility 281
Fourth Stage: The Contracts and Approvals 282
Fifth Stage: The Improvements 282
Sixth Stage: On to the Next Project 283
ECONOMIC FEASIBILITY: A VALUE
PERSPECTIVE 283
Market Equilibrium and Disequilibrium 283
Economic Feasibility of an Office Building
Development 284
MAXIMIZING LAND VALUE THROUGH
DEVELOPMENT 287
Residential Development Example 287
Risks of Joint Ventures 288
COSTE.
PAR
Valuation
12 Valuation by the Sales Comparison
and Cost Approaches 296
¦ ROLE OF THE SALES COMPARISON AND
COST APPROACHES 297
TRADITIONAL SALES COMPARISON
APPROACH 298
Adjustments 298
Subject Property Compared to Each Comparable
Property 303
Types of Adjustments 303
Sequence of Adjustments 303
Reconciliation 304
MULTIPLE REGRESSION MODELS 305
COST APPROACH 309
Cost 309
Accrued Depreciation 310
GROSS RENT MULTIPLIER 313
APPLICABILITY OF THE APPROACHES 315
PAR
Mortgage Fina
14 Creation of Mortgages 344
m MORTGAGES 345
The Story of a Mortgage 346
Mortgage Theory 347
Capital Flow to Mortgages 349
CLAUSES FOUND IN MORTGAGE
DOCUMENTS 350
Requirements of a Valid and Enforceable
Mortgage 350
Common Mortgage Clauses 351
Residential Mortgage Documents 352
ts xxi
T III
Perspective
13 Valuation by the Income
Approach 320
H VALUATION MODELS IN THE INCOME
APPROACH 321
Using Discounted Cash Flow Analysis for
Valuation 321
Using Direct Capitalization for Valuation 324
OTHER APPROACHES 331
Gross Income Multiplier 332
Cost Approach 333
FINAL RECONCILIATION 333
VALUATION OF LEASED FEE
ESTATES 334
Principles of Leased Fee Valuation 334
Application of the Principles 335
T I V
nce Perspective
mortgage borrower and lender
relationships 353
Expansions of the Simple Mortgage Contract 354
Single-Family Residential Mortgages 356
Income-Property Mortgages 358
ADJUSTMENTS IN BORROWER AND LENDER
RELATIONSHIPS 359
Satisfactory Payment in Full 359
Default and Foreclosure 359
Assumption and Subject to Transactions 361
Recasting the Mortgage 361
Sale of the Mortgage 361
xxii
I 15 Residential Mortgage Types and
[ Borrower Decisions 366
| m | INTRODUCTION 367
I Primary versus Secondary Mortgage Market 368
I CONVENTIONAL FIXED-PAYMENT
[ MORTGAGE LOANS 368
j Fixed-Payment, Fully Amortized Mortgages 369
I Alternative Amortization Schedules 371
ADJUSTABLE RATE MORTGAGES 372
ARM Mechanics 373
Initial Adjustment Periods, Rate Caps, and Other Options 374
PRIVATE MORTGAGE INSURANCE 376
OTHER MORTGAGE TYPES AND USES 377
Purchase Money Mortgages 378
Package Mortgages 379
Reverse Annuity Mortgages 379
Home Equity Loans 380
THE BORROWER S MORTGAGE LOAN
DECISIONS 382
Mortgage Choice 382
Loan Size 385
The Refinancing Decision 386
The Default Decision 389
16 Sources of Funds For Residential
Mortgages 396
¦ INTRODUCTION 397
THE MARKET FOR RESIDENTIAL
FINANCING 397
DEPOSITORY LENDERS IN THE PRIMARY
MARKET 398
Savings Institutions 398
Commercial Banks 400
NONDEPOSITORY LENDERS IN THE PRIMARY
MARKET 401
Mortgage Bankers 402
Mortgage Brokers 405
Other Non-Government-Sponsored Lenders in the Primary
Market 405
GOVERNMENT-SPONSORED MORTGAGE
PROGRAMS 405
FHA-Insured Loans 406
VA-Guaranteed Loans 408
Contents
THE SECONDARY MARKET FOR
RESIDENTIAL MORTGAGES 408
Mortgage-Backed Securities 409
PURCHASERS OF RESIDENTIAL MORTGAGES
IN THE SECONDARY MARKET 409
Federal National Mortgage Association 410
Federal Home Loan Mortgage Corporation 411
The Importance of Fannie Mae and Freddie Mac 411
Government National Mortgage Association 412
Life Insurance Companies 413
Other Secondary Market Purchasers 413
THE LENDER S MORTGAGE LOAN
DECISIONS 414
Affordability Ratios 415
The Effects of Federal Programs and Regulations 416
17 Commercial Property Financing 422
B INTRODUCTION 423
SOURCES OF FINANCING FOR COMMERCIAL
PROPERTIES 424
LOAN DOCUMENTS AND PROVISIONS 425
The Note 426
The Mortgage 426
COMMON TYPES OF PERMANENT
MORTGAGES 426
Balloon Mortgages 427
Common Loan Provisions 428
Floating Rate Loans 428
Installment Sale Financing 429
PERMANENT MORTGAGES WITH EQUITY
PARTICIPATION 429
Participation Mortgages 429
Joint Ventures 430
Sale-Leasebacks 430
THE BORROWER S DECISION-MAKING
PROCESS 431
Loan Size 431
Financial Risk 432
Increased Variability of Equity Returns from Leverage 432
Choosing among Alternative Financing Structures 435
The Prepayment and Default Decisions 437
REQUESTING A PERMANENT LOAN 437
Loan Submission Package 437
Channels of Submission 439
C0NTE.V1
THE LENDER S DECISION-MAKING
PROCESS 440
The Property and the Borrower 440
Maximum Loan Amount 441
The Economic Justification 442
PA I
i
Legal Pe
18 Real Property Rights 454
¦ INTRODUCTION TO REAL PROPERTY
RIGHTS 455
Physical Property Rights to Real Estate 455
Real versus Personal Property Rights: The Problem of
Fixtures 457
Legal Property Rights of Real Estate Ownership 459
Property Rights: A Value Perspective 459
ESTATES IN REAL ESTATE 460
Freehold Estates 460
Nonfreehold Estates 464
PROPERTY RIGHTS AMONG CO-OWNERS:
CONCURRENT ESTATES 464
Direct Co-Ownership Forms 465
Indirect Co-Ownership Forms 468
PUBLIC AND PRIVATE LIMITS ON PROPERTY
RIGHTS 469
Government s Role in Determining Real Property Rights 470
Private Contracts and Other Limitations on Property
Rights 471
19 Real Property Taxation 478
m NATURE OF THE TAX ON REAL
PROPERTY 479
A BRIEF HISTORY OF THE PROPERTY TAX IN
THE UNITED STATES 480
MECHANICS OF THE PROPERTY TAX 481
Determining a Jurisdiction s Budget and Tax Rate 481
Tax-Exempt Properties 483
Homestead and Other Exemptions 483
Calculating Tax Liability 484
rs xxiii
ACQUISITION, DEVELOPMENT, AND
CONSTRUCTION FINANCING 442
Land Purchase and Development Financing 443
Construction Financing 443
Sequence of Financing 445
I T V
RSPECTIVE
The Effective Tax Rate 484
Evaluating the Tax on an Individual Property 484
Special Assessments 485
Nonpayment of Taxes 486
CRITERIA FOR EVALUATING THE
PROPERTY TAX 486
Efficiency of the Property Tax 487
Potential Disadvantages of the Property Tax 488
Fairness, or Equity, of the Property Tax 490
20 Transfer of Real Property Rights 496
¦ THE IMPORTANCE OF REAL PROPERTY
TRANSFER 497
EVIDENCE AND CONVEYANCE OF
OWNERSHIP 497
Titles 498
Evidence of Good Title 499
Deeds in Private Grants of Title 500
Public Grants of Title to Real Estate 502
Devise and Descent 502
Foreclosure 503
Adverse Possession and Prescription 503
Title from Nature 504
CONTRACTS FOR TRANSFER OF REAL
PROPERTY RIGHTS 504
Validity and Enforceability of Contracts 504
General Categories of Contracts 505
Contract Law: A Value Perspective 505
The Four Basic Contracts 506
PROPER DESCRIPTIONS OF REAL
PROPERTY 507
Surveys 507
Metes and Bounds 509
xxiv
j Recorded Plat Map 510
: Government Survey System 510
! 21 Real Estate Brokerage and Listing
j Contracts 520
! ¦ ! BROKERAGE: THE BEST-KNOWN TYPE OF
| REAL ESTATE BUSINESS 521
j Real Estate Brokers as Market Facilitators 521
I Economic Rationale for Employing a Broker 522
LAW OF AGENCY 523
Types of Agents 523
Fiduciary Responsibilities 524
Real Estate Agents 524
Transaction Brokers 525
Salespersons as Subagents 525
LICENSING OF REAL ESTATE BROKERS AND
SALESPERSONS 525
Brokerage Licensing Administration 526
How to Obtain a Real Estate License 527
License Law Infractions 528
CERTIFICATION OF REAL ESTATE
OCCUPATIONS 529
THE MARKETING FUNCTION 529
Market Segmentation and Specialization 529
Service 530
Commercial Brokerage 530
Residential Brokerage 530
International Aspects of Brokerage 533
LISTING CONTRACTS 534
TYPES OF LISTING CONTRACTS 535
Open Listing 536
Exclusive Agency Listing 536
Exclusive Right of Sale Listing 536
LISTING CONTRACT PROVISIONS 537
Termination 540
Splitting the Commission 541
CHOOSING A REAL ESTATE BROKER 541
LISTING SITUATION-EXAMPLE 542
22 Contracts for Sale and Closing 548
¦ THE MOST IMPORTANT DOCUMENT IN REAL
ESTATE 549
Contents
RIGHTS AND OBLIGATIONS OF SELLERS AND
BUYERS 550
REQUIREMENTS OF A CONTRACT FOR
SALE 550
The Parties Must Be Competent to Act 551
The Parties Must Have Lawful Intent 551
There Must Be an Offer and an Acceptance 551
There Must Be Consideration 551
There Must Be No Defects to Mutual Assent 552
The Contract for Sale of Real Estate Must Be in
Writing 552
The Property Must Be Properly Described 553
LEGAL TITLE VERSUS EQUITABLE
TITLE 553
THE FORM OF THE CONTRACT FOR
SALE 553
Simple Contract 553
Standard Form Contracts 554
Components of a Form Contract 560
Estimated Closing Expense Statements 560
CONTINUING SAGA OF A SALE 563
CONTRACTS WITH CONTINGENCIES 563
ASSIGNMENT 563
REMEDIES FOR NONPERFORMANCE 564
Escrow 564
CLOSING 564
Steps before Closing 565
Steps at Closing 566
Prorations 566
Buyers Expenses 567
Sellers Expenses 568
CLOSING AND CLOSING STATEMENTS 569
Role of the Brokers 569
Role of the Lenders 569
Real Estate Settlement Procedures Act 570
Preparation of Closing Statements 571
appendix a
Answers to Test Yourself
Questions 578
¦ Glossary g-i
Index i-i
|
| any_adam_object | 1 |
| author | Corgel, John B. Ling, David C. Smith, Halbert C. 1934- |
| author_GND | (DE-588)171392833 (DE-588)130039942 (DE-588)1146053460 |
| author_facet | Corgel, John B. Ling, David C. Smith, Halbert C. 1934- |
| author_role | aut aut aut |
| author_sort | Corgel, John B. |
| author_variant | j b c jb jbc d c l dc dcl h c s hc hcs |
| building | Verbundindex |
| bvnumber | BV025276560 |
| classification_rvk | QT 340 |
| ctrlnum | (OCoLC)833734541 (DE-599)BVBBV025276560 |
| dewey-full | 333.33 |
| dewey-hundreds | 300 - Social sciences |
| dewey-ones | 333 - Economics of land and energy |
| dewey-raw | 333.33 |
| dewey-search | 333.33 |
| dewey-sort | 3333.33 |
| dewey-tens | 330 - Economics |
| discipline | Wirtschaftswissenschaften |
| edition | 4. ed. |
| format | Book |
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| id | DE-604.BV025276560 |
| illustrated | Illustrated |
| indexdate | 2024-07-09T22:30:14Z |
| institution | BVB |
| isbn | 0072318228 |
| language | English |
| oai_aleph_id | oai:aleph.bib-bvb.de:BVB01-019911251 |
| oclc_num | 833734541 |
| open_access_boolean | |
| owner | DE-11 |
| owner_facet | DE-11 |
| physical | Getr. Zählung graph. Darst. |
| publishDate | 2001 |
| publishDateSearch | 2001 |
| publishDateSort | 2001 |
| publisher | McGraw-Hill |
| record_format | marc |
| series2 | The McGraw-Hill/Irwin series in finance, insurance and real estate |
| spelling | Corgel, John B. Verfasser (DE-588)171392833 aut Real estate perspectives an introduction to real estate John Corgel ; David C. Ling ; Halbert C. Smith 4. ed. Boston [u.a.] McGraw-Hill 2001 Getr. Zählung graph. Darst. txt rdacontent n rdamedia nc rdacarrier The McGraw-Hill/Irwin series in finance, insurance and real estate Ling, David C. Verfasser (DE-588)130039942 aut Smith, Halbert C. 1934- Verfasser (DE-588)1146053460 aut HBZ Datenaustausch application/pdf http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=019911251&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA Inhaltsverzeichnis |
| spellingShingle | Corgel, John B. Ling, David C. Smith, Halbert C. 1934- Real estate perspectives an introduction to real estate |
| title | Real estate perspectives an introduction to real estate |
| title_auth | Real estate perspectives an introduction to real estate |
| title_exact_search | Real estate perspectives an introduction to real estate |
| title_full | Real estate perspectives an introduction to real estate John Corgel ; David C. Ling ; Halbert C. Smith |
| title_fullStr | Real estate perspectives an introduction to real estate John Corgel ; David C. Ling ; Halbert C. Smith |
| title_full_unstemmed | Real estate perspectives an introduction to real estate John Corgel ; David C. Ling ; Halbert C. Smith |
| title_short | Real estate perspectives |
| title_sort | real estate perspectives an introduction to real estate |
| title_sub | an introduction to real estate |
| url | http://bvbr.bib-bvb.de:8991/F?func=service&doc_library=BVB01&local_base=BVB01&doc_number=019911251&sequence=000002&line_number=0001&func_code=DB_RECORDS&service_type=MEDIA |
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