Redesigning appraisal reports for securitized offerings
Article Abstract:
Rating agencies and underwriters are usually dissatisfied with the appraisal reports they receive during real estate securitization procedures. To better meet securitization clients' needs, appraisals must support deviations between expenses and projected and actual income, include careful analyses of factors affecting supply and demand and account for irregularly occurring cash-flow events.
Publication Name: Real Estate Review
Subject: Real estate industry
ISSN: 0034-0790
Year: 1993
User Contributions:
Comment about this article or add new information about this topic:
A current value measure for corporate real estate
Article Abstract:
A new performance measure, real estate earnings, which can reflect investment real estate's full after-tax benefits, is described. The adoption of real estate earnings would make the valuation of real estate investments and real estate investment corporations easier and would enable analysts to compare real estate and non-real-estate investment opportunities.
Publication Name: Real Estate Review
Subject: Real estate industry
ISSN: 0034-0790
Year: 1993
User Contributions:
Comment about this article or add new information about this topic:
- Abstracts: The role of investment research in corporate real estate firms. Investment characteristics of international real estate equities
- Abstracts: The securitization of institutional real estate investments. Managing salespeople in a down market
- Abstracts: Profitable real estate lending: reinventing the wheel for rockier roads. Atlanta: overbuilt or underrated?
- Abstracts: The changing roles of real estate professionals: an industry review. The effect of the 1986 tax law on the sale and leaseback of corporate real estate assets
- Abstracts: Making better use of internal auditors in real estate companies. Inclusion of future development costs in basis: recent developments