Commercial Real Estate Investing—An Evidenced-Based Approach to Risk Management, Strategic Valuation and Enhanced Returns

In Commercial Real Estate Investing: An Evidence-Based Approach to Risk Management, Strategic Valuation, and Enhanced Returns, seasoned financial executive, Randall Zisler, Ph.D., delivers a compelling critique of institutional real estate investment practices that will help investors avoid uncompensated risk, achieve superior risk-adjusted returns, and reject wealth-reducing myths.  For readers seeking new ways of thinking about real estate, Commercial Real Estate Investing offers evidence-tested insights regarding risk-based analytics, valuation challenges, leverage, property and REIT risk metrics, capital markets, inflation, cap rates, liquidity, development, diversification, public policy, investment selection, MSA risk, fees, underfunded pension funds, opportunity funds, and investment advisor and research failings.   The book applies Monte Carlo and other analytics to topical issues, reports results that, while often surprising and alarming, are practical and comprehensible, and includes 21 interviews with investment leaders.