Wiley, 2014 2015. — 272 p. — ISBN: 9781118764404
Property Finance is a practical book that explores key aspects of financing decisions related to real estate transactions. The book seamlessly blends theory and practice as it discusses real estate financing in leading Western economies, as well as China and India.
Property Finance is an ideal resource for real estate finance practitioners, bankers, lawyers, business owners and students who wish to obtain a clear understanding of the fundamental theories, legal issues and principles that underpin real estate finance.
The book includes information on all key topics, such as:
structured real estate financing
loan agreements
financial models and cases of property financing
the effects of financial leverage on real estate investments
hybrid forms of financing
the Basel Accords
the statutory framework and its impact on structured real estate finance
The authors explore the legal issues and financial models that potentially affect property financing deals and provide possible legal and financial solutions that permit the completion of some complex transactions. Special attention has been paid to due diligence as many of the failures of property financing transactions can be attributed to the shortcomings in this critical component of the transaction process.
The book also outlines both key differences and commonalities in the property financing systems in seven key countries around the world. The companion website to the book (www.morri-mazza.com) includes additional data sets, and spreadsheets, which are updated by the authors.