By David M. Geltner, Norman G. Miller, Jim Clayton, Piet Eichholtz
Discover ways to research advertisement genuine property from an funding viewpoint with COMMERICAL actual property research AND INVESTMENTS and its accompanying CD-ROM! featuring the basic ideas, rules, and instruments for the research of industrial genuine property, this actual property textual content will give you the instruments you must comprehend genuine property investments in today's dynamic economic system. learning is made effortless with the CD-ROM that gives improved insurance in addition to spreadsheet examples of methodologies, info utilized in shows, lecture slide notes, and solutions to review questions.
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Extra resources for Commercial Real Estate Analysis and Investments (with CD-ROM)
The market remained stuck essentially with the same demand function, D1. Combined with the new supply function of S2, this caused market rents to plummet to levels around $13/SF. Indeed, during the general economic recession of 1990–1991 and the subsequent corporate downsizing, demand for class A ofﬁce space in downtown Cincinnati probably actually fell, at least temporarily, from its previous level, perhaps to the level indicated by D0, resulting in market rents temporarily in the $10/SF range.
He is currently a member of the Advisory Boards of Redevco and the RO Group, of the Investment Committees of Blue Sky Group and Servatius, and of the Housing Scenario Group of Bouwfonds. Eichholtz has provided extensive services to public society, mainly through board memberships of industry organizations in the property sector but also as an advisor to various government agencies. In early 2004, he was a special property advisor to the UN Good Ofﬁces Mission on Cyprus, and he has consulted with the Dutch ministry of housing on several occasions.
SF) 24,000 workers to the time (by the mid-1980s) when there were 30,000 workers. Notice that if the underlying need for ofﬁce workers in downtown Cincinnati increased further, to 36,000 workers, for example, then demand in the market would support an additional 1 million SF of space (a total of 6 million SF would be needed) at the same $16 rent. The demand functions pictured in Exhibit 1-1 look essentially like the classical demand functions of economic theory—downward-sloping continuous lines that move out and to the right as demand grows.