{"product_id":"active-private-equity-real-estate-strategy-hardback-9780470485026","title":"Active Private Equity Real Estate Strategy (Hardback) 9780470485026","description":"\u003cfont face=\"Georgia\"\u003e\r\n\u003cp\u003e\u003cfont size=\"6\"\u003eActive Private Equity Real Estate Strategy\u003c\/font\u003e\u003cbr\u003e\r\n\r\n\r\n\u003c\/p\u003e\n\u003cp\u003e\u003cem\u003e“David Lynn’s collection of articles on real estate markets are applied research at its best. The analysis is thorough, concise, and to-the-point. The book leaves you with a richer understanding of real estate market dynamics. It is a must-read for serious real estate analysts.” —Peter Linneman, Principal, Linneman Associates (www.linnemanassociates.com), and Albert Sussman Professor of Real Estate, Finance, and Public Policy at the Wharton School of Business (www.wharton.upenn.edu)  \u003cp\u003e“This is a fascinating look between the ears of one of the largest global real estate investment management organizations, providing a timely and incredibly comprehensive view of how these institutions fashion investment strategy. A must-read for both students and practitioners attempting to understand the nature of today’s commercial real estate investment markets and how large institutions like ING approach those markets for the benefit of their institutional investor clients.” —Geoffrey Dohrmann, President and CEO, Institutional Real Estate, Inc.\u003c\/p\u003e \u003cp\u003e“David Lynn provides an analytical road map for private equity real estate investors, charting strategies in the next market cycle. Lynn’s methodology shows why he is recognized as one of the top forecasters in the industry. He covers all the markets and property sectors with a treasure trove of data to make sense of future trends. This book offers a big picture view with the detailed perspective investors crave.” —Jonathan D. Miller, Partner, Miller Ryan LLC, and author of Emerging Trends in Real Estate and the blog TrendCzar™ (in conjunction with GlobeSt.com)\u003c\/p\u003e\u003c\/em\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003cp\u003e\u003cfont size=\"4\"\u003eDavid J. Lynn (Author)\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e9780470485026, Wiley\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eHardback, published 4 September 2009\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e304 pages\u003cbr\u003e23.6 x 16 x 2.5 cm, 0.494 kg\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\r\n\r\n\r\n\u003cp align=\"justify\"\u003e\u003cstrong\u003e\u003cfont size=\"3\"\u003e\u003cp\u003eProven private equity real estate investing strategies\u003c\/p\u003e \u003cp\u003eThe subprime fallout and credit crisis have triggered a major transition in U.S. real estate. With tightening lending and underwriting standards, speculative investments and construction projects are likely to limited, resulting in constrained supply and healthier fundamentals over the long term. Looking forward, market participants anticipate that the coming years will be fraught with challenges as well as opportunities.\u003c\/p\u003e \u003cp\u003e\u003ci\u003eActive Private Equity Real Estate Strategy\u003c\/i\u003e is a collection of abridged market analyses, forecasts, and strategy papers from the ING Clarion Partners' Research \u0026amp; Investment Strategy (RIS) group. Divided into two comprehensive parts, this practical guide provides you with an informative overview of real estate markets, forecasts, and recent trends in part one, and presents specific active strategies in private equity real estate investing in part two.\u003c\/p\u003e \u003cul\u003e \u003cli\u003eIncludes a simulation of the economy in recession and the expected effects on the commercial real estate industry\u003c\/li\u003e \u003cli\u003eOffers examples of portfolio analysis and recommendations using ING Clarion's forecasts and Modern Portfolio Theory\u003c\/li\u003e \u003cli\u003eFocuses on multifamily, hotel, land, and industrial investments\u003c\/li\u003e \u003cli\u003eDemonstrates the use of the various tools available to the private equity real estate investor\u003c\/li\u003e \u003c\/ul\u003e \u003cp\u003eWritten with both the individual and institutional real estate investor in mind, this book offers specific private equity strategies for investing in real estate during volatile times.\u003c\/p\u003e\u003c\/font\u003e\u003c\/strong\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003e\u003cp\u003ePreface ix\u003c\/p\u003e \u003cp\u003eDisclaimer xiii\u003c\/p\u003e \u003cp\u003eAcknowledgments xv\u003c\/p\u003e \u003cp\u003eAbout the Authors xvii\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART ONE Market Analysis and Forecasts 1\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 1 Overview of the U.S. Real Estate Market 3\u003cbr\u003e\u003ci\u003eTim Wang and David Lynn\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 2 Forecasting the U.S. Market 19\u003cbr\u003e\u003ci\u003eDavid Lynn\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 3 Recession Simulation and Its Effects on Real Estate 25\u003cbr\u003e\u003ci\u003eTim Wang, Alison Sauer, and David Lynn\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 4 Subprime Fallout: The Impact on Commercial Real Estate 41\u003cbr\u003e\u003ci\u003eTim Wang and David Lynn\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 5 Capital Markets: Dramatic Shifts and Opportunities 47\u003cbr\u003e\u003ci\u003eDavid Lynn and Tim Wang\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 6 The Bid-Ask Problem and Game Theory 53\u003cbr\u003e\u003ci\u003eJeff Organisciak, Tim Wang, and David Lynn\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003e\u003cb\u003ePART TWO Active Strategies 67\u003c\/b\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 7 Residential Land Investment 69\u003cbr\u003e\u003ci\u003eBohdy Hedgcock and David Lynn\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 8 The U.S. Hotel Market and Strategy 103\u003cbr\u003e\u003ci\u003eTim Wang, Matson Holbrook, and David Lynn\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 9 Global Gateway Industrial Market Investment 125\u003cbr\u003e\u003ci\u003eBohdy Hedgcock and David Lynn\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 10 The Opportunity in Senior Housing 159\u003cbr\u003e\u003ci\u003eTim Wang and David Lynn\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 11 Active Portfolio Management Using Modern Portfolio Theory 187\u003cbr\u003e\u003ci\u003eDavid Lynn and Yusheng Hao\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 12 Derivatives in Private Equity Real Estate 217\u003cbr\u003e\u003ci\u003eJeff Organisciak, Tim Wang, and David Lynn\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eCHAPTER 13 Opportunities in Infrastructure Investment 239\u003cbr\u003e\u003ci\u003eDavid Lynn and Matson Holbrook\u003c\/i\u003e\u003c\/p\u003e \u003cp\u003eAPPENDIX A Typical Land Development Pro Forma Analysis—Three Scenarios 247\u003c\/p\u003e \u003cp\u003eAPPENDIX B U.S. Hotel Chain Scales 253\u003c\/p\u003e \u003cp\u003eAPPENDIX C Modern Portfolio Theory in Real Estate Portfolio Analytics 257\u003c\/p\u003e \u003cp\u003eAPPENDIX D Commercial Real Estate Indexes 259\u003c\/p\u003e \u003cp\u003eAPPENDIX E Example NPI Forecast Methodology 263\u003c\/p\u003e \u003cp\u003eSelected Bibliography 265\u003c\/p\u003e \u003cp\u003eIndex 267\u003c\/p\u003e\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\u003cp\u003e\u003cfont size=\"3\"\u003eSubject Areas: Finance \u0026amp; accounting [\u003ca title=\"See our other books on Finance \u0026amp; accounting\" href=\"https:\/\/freshlyprintedbooks.co.uk\/search?q=%22Finance%20\u0026amp;%20accounting%20%5BKF%5D%22\"\u003eKF\u003c\/a\u003e]\u003c\/font\u003e\u003c\/p\u003e\r\n\r\n\r\n\u003c\/font\u003e","brand":"Wiley","offers":[{"title":"Brand New","offer_id":52276303855896,"sku":"9780470485026","price":48.49,"currency_code":"GBP","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0730\/2037\/5320\/files\/9780470485026.jpg?v=1781366453","url":"https:\/\/freshlyprintedbooks.co.uk\/products\/active-private-equity-real-estate-strategy-hardback-9780470485026","provider":"Freshly Printed Books","version":"1.0","type":"link"}