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B**.
Textbook but good for non students
Bought this for school but anyone could use this. This a perfect book for those who the next step beyond the 36 key financial real estate ratios. A big notch above beginner books but not so dense as the normal school textbook.
A**R
very usable and practical
this book is much better organized than many our books I used for my MBA- I don't have to read and re-read convoluted statements to get a grasp on what they really mean...
M**T
Good book, surprising number of errors
At this point, I have read through to page 439, and I must say it is a good book. Everyone seems to agree that it is one of the, if not the standard introductory textbook on real estate finance. So, overall, I have been very pleased.However, I must say that the book has a number of errors in it. Most of them are no big deal...formatting issues, minor miscalculations, inconsistent assumptions throughout the example problems. But geez, didn't anyone edit this thing?
S**E
Not SOOOO dry
I really like this book so far, I'm just getting to chapter 3. All of the review basics moved right along and in my opinion, weren't as dry as most real estate text books I've had to use. Great book.
G**W
Informative book
Needed this book for a class, but will end up keeping it. Very informative about basic Real Estate Finance. Great website for additional resources and spreadsheets, as well as Argus models.
B**.
Waste of paper, total piece of junk. The authors should be fired.
How this book has been given 5 stars by other reviewers is beyond me. Have they even looked at the book? The density of errors is disgusting! I would be utterly ashamed of having my name on a piece of garbage like this, and if I were in charge at the Universities at which the authors work I would have fired them long ago for bringing shame to their institutions.Seriously, the number or errors is astounding. There are sections of the book where there are more errors than paragraphs. Formulas and calculations are horribly incorrect. Information given in sentences is wrong. Graphs do not match the data given in accompanying tables. HORRIBLE!!One could expect that by the 14th edition most of these errors would have been caught and corrected, but that is not the case, not even close. I suspect that in their effort to sell more books the authors (editors?) lift out numbers and stick in new ones so that students have to buy the newest edition of the book, but they fail to double-check the changes they make. Only explanation I can come up with.Easily the worst textbook I have ever read. How is someone supposed to learn from a book chock full of errors? And the writing style is horrific. Simple concepts that could be explained in a few sentences are instead covered over multiple paragraphs, making reading boring and difficult, and making the subject matter harder to grasp.Unfortunately most people that buy this book won't really have a choice, but if you do: DO NOT BUY IT!!
C**S
Great Book
This book should serve as a guide to anyone operating, investing, consulting, lending, or working in a commercial real estate related industry. It will always have a place on my shelf.
A**J
Mistakes, Mistakes, Mistakes
This book is very informative and gives a great background on real estate finance, but there are just too many mistakes!
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