PART ONE

Overview of Real Estate Finance and Investments

1 Real Estate Investment: Basic Legal Concepts

2 Real Estate Financing: Notes and Mortgages

PART TWO

Mortgage Loans

3 Mortgage Loan Foundations: The Time Value of Money

4 Fixed Interest Rate Mortgage Loans

5 Adjustable and Floating Rate Mortgage Loans

6 Mortgages: Additional Concepts, Analysis, and Applications

PART THREE

Residential Housing

7 Single Family Housing: Pricing, Investment, and Tax Considerations

8 Underwriting and Financing Residential Properties

PART FOUR

Income-Producing Properties

9 Income-Producing Properties: Leases, Rents, and the Market for Space

10 Valuation of Income Properties: Appraisal and the Market for Capital

11 Investment Analysis and Taxation of Income Properties

12 Financial Leverage and Financing Alternatives

13 Risk Analysis

14 Disposition and Renovation of Income Properties

15 Financing Corporate Real Estate

PART FIVE

Financing Real Estate Development

16 Financing Project Development

17 Financing Land Development Projects

PART SIX

Alternative Real Estate Financing and Investment Vehicles

18 Structuring Real Estate Investments: Organizational Forms and Joint Ventures

19 The Secondary Mortgage Market: Pass-Through Securities

20 The Secondary Mortgage Market: CMOs and Derivative Securities

21 Real Estate Investment Trusts (REITs)

PART SEVEN

Portfolio Analysis and Real Estate Funds

22 Real Estate Investment Performance and Portfolio Considerations

23 Real Estate Investment Funds: Structure, Performance