Commercial Real Estate Investing
“Randy eruditely synthesizes data, theory, and practical insights into actionable investment strategies, pushing the frontiers of our knowledge in essential ways.”
Joseph L. Pagliari, Jr., PhD, CFA, CPA, the John Mazarakis and Chicago Atlantic Clinical Professor of Real Estate, the University of Chicago, Booth School of Business
An evidence-based guide and critique of investment practices that teaches investors how to avoid uncompensated risk, improve risk-adjusted returns, and avoid wealth-destroying myths
Each chapter includes an executive summary. The book also features interviews with senior real estate industry leaders. Topics include:
Investment challenges like COVID, inflation, diversification, liquidity, downside, development risk, leverage, underfunded public-pension funds, default, obsolescence, and the Winner's Curse
The building blocks of real estate, including public and private equity and debt
Property types, such as housing, retail, self-storage, industrial warehouses, and office
And much more
Sidestepping industry platitudes and abstraction, Commercial Real Estate Investing is a must-listen for all real estate professionals as well as novices who seek better decisions with greater confidence while avoiding one-size-fits-all solutions.
Praise