Doctoring Sick REITs

Originally Printed: Fall 1976, Vol 1, No 1 Most REITs which have gotten into trouble were primarily short-term lend­ers offering construction loans, wrap-arounds, land and land development loans, and land purchase leasebacks. Their profit was in leverage, the spread between the interest that banks charged the trust and what the borrower could be induced to […]

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    Thurston H. Ross, CRE 

Changes in Land Policy: How Fundamental Are They?

Volume 1, Number 1 Originally Printed: Fall 1976 By Mason Gaffney This article is based on a paper presented by the author to the Western Agricultural Economics Association in Fort Collins, Colorado on July 20, 1976. From Growth to Exclusion: A Fundamental Tipping of the Scales The last 25 years have witnessed a fundamental change […]

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    Mason Gaffney 

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