learncre.com - real estate 101 - why real estate
TRANSCRIPT
Why Real Estate?
LearnCRE.comReal Estate Finance 101
LearnCRE.com
Why Real Estate?
+ Real estate is valuable because of future cash flows
+ Both in-place and potential (“highest and best”) cash flows
+ Cash flows may be highly irregular
+ Cash flows may run over different time horizons
+ Cash flows may be uncertain
+ And, market information about pricing is usually noisy
+ All of this makes valuation difficult
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LearnCRE.com
Where does it fit in?
+ Who are the players?
+ Asset Allocations in Institutions
+ Real estate - Public equities vs Private equity funds
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