CHICAGO, IL – “Investment Real Estate: Finance and Asset Management,” a new publication from the Institute of Real Estate Management (IREM®), is a unique, must-have resource for real estate and asset managers, developers, owners/investors and related practitioners that lays out the principles, practices and skills sets needed to maximize the value of real property assets. Academic institutions offering real estate courses also will find the publication extremely valuable as a student text.
The book flows from an overview and historical perspective of real estate finance and investment to accounting basics to valuation and financial analysis. It also speaks to the fact that property owners today have high expectations of the real estate management and other industry professionals who serve them, so a strong knowledge of finance is increasingly important and often mandatory to establish and grow client relationships.
Each of the book’s 18 chapters provides detailed information about the topic under discussion, with subject matter ranging from the economics of real estate investment, the finance function, and the time value of money to measuring the performance of properties and lease analysis. Among other topics examined in detail: How to budget, forecast, and analyze cash flow.
INCLUDES MANY SPECIAL FEATURES
Incorporated throughout the narrative are these and other special features:
• Tips that point out key, or often overlooked, information.
• Questions that illustrate how a practitioner may consider the concepts being discussed in real-life situations.
• Exhibits to illustrate concepts, show examples of documents, or provide screen shots of software being discussed.
• Examples that apply calculations, steps, and concepts to property-based scenarios
• Review questions at the end of each chapter, enabling readers to test their understanding of the content presented.
PRICE AND ORDERING INFORMATION
Investment Real Estate: Finance and Asset Management, is $58.36 for IREM® Members and $72.95 for non-members (plus shipping and applicable state sales tax). To order, contact the IREM® Customer Relations Department at 430 N. Michigan Ave., Chicago, IL 60611, or call toll-free at (800) 837-0706, ext. 4650. Credit card orders (VISA, MasterCard, American Express, and Discover) can be faxed toll-free to (800) 338-4736 or e-mailed to custserv@irem.org. Internet users can order the publication online at www.irembooks.org.
ABOUT THE INSTITUTE OF REAL ESTATE MANAGEMENT
The Institute of Real Estate Management (IREM®) is an international community of real estate managers dedicated to ethical business practices, maximizing the value of investment real estate, and promoting superior management through education and information sharing. An affiliate of the National Association of REALTORS®, IREM is the home for all industry professionals connected to real estate management – and the only organization serving both the multi-family and commercial sectors.
We believe that good management matters, and that well-managed properties pay dividends in terms of value and in the quality of life for residents, tenants and customers. We believe in professional ethics. We believe in the power of knowledge and the importance of sharing it.
IREM offers a variety of membership types for professionals of every experience level, from on-site managers to high-level executives. Our credentials, earned by meeting high standards of education, experience, and ethical business practices, include: CERTIFIED PROPERTY MANAGER® (CPM®), ACCREDITED RESIDENTIAL MANAGER® (ARM®), ACCREDITED COMMERCIAL MANAGER (ACoM), or ACCREDITED MANAGEMENT ORGANIZATION® (AMO®).
Since 1933, IREM has set the standard for best practices in real estate management. Today, IREM® membership includes nearly 18,000 individuals and 550 corporate members. To learn more about IREM, call (800) 837-0706, ext. 4650 (outside the U.S. call (312) 329-6000), or visit www.irem.org