Review: Real Estate Mathematics: Applied Analytics and Quantitative Methods for Private Real Estate Investment

Summer 2012, Vol. 37, No. 1 features Abstract: This book “is an excellent new addition to the already crowded collection of texts on real estate math and its applications,” says reviewer William P.J. McCarthy, CRE. Noting that five of the book’s 19 chapters are written by Counselors of Real Estate (CRE®), McCarthy adds that each chapter… Read more

Social Media: Identifying the Business Opportunities

Originally Published: Summer 2012, Vol. 37, No. 1 Abstract: “If Google can’t find you, you don’t exist” goes the saying, and in this article the author, although initially hesitant, eventually couldn’t agree more. Through his own experience using some of the basic social media tools—Twitter, LinkedIn, Facebook, YouTube, blogs—in his commercial real estate business, the author… Read more

North American Port Analysis: Beyond Post-Panamax Basics to Logistics

Summer 2012, Vol. 37, No. 1 Abstract: In this article, the author presents a detailed look at North American ports, the impact of the expansion of the Panama Canal locks, and the new hot topic known as Intermodalism and its future impact on ports and commercial real estate. Intermodalism “…is quite simply “a system whereby standardsized… Read more

Timely Recognition of Development Profit: A Fair Value Perspective

Summer 2012, Vol. 37, No. 1 Abstract: In the current private and institutional real estate equity fund environment, periodic reporting of investment returns is both prudent and mandatory. This performance data is particularly important to pension and retirement plan investors in various open-end funds, say the authors. Since participants (investors) are permitted to enter or exit… Read more

Retail Sales Set Rent Levels

Summer 2012, Vol. 37, No. 1 Abstract: What makes retail properties unique from other asset classes is the expectation of achievable retail sales at a given location and the impact expected sales have on market rent and, therefore, value. This article explores the relationship of retail sales and rent levels and illustrates how, through research and… Read more

“Little Darling, I see the ice is slowly melting. Little Darling, it seems like years since it’s been clear….” -George Harrison (Editor’s Note)

Volume 36, Number 3 Originally Published: Winter 2011-2012 By Peter C. Burley, CRE The truth is the winter of 2011-2012 didn't amount to much. It was pretty mild, relatively dry, and, in some quarters, downright disappointing. At my little apartment in Washington, we had two mornings with just the slightest dusting of snow. February was among the warmest on record at both Reagan National and Dulles, according to the National Weather... Read More