The Handbook of Commercial Mortgage-Backed Securities |
 | Creators: Frank J. Fabozzi, David P. Jacob Publisher: Irwin Professional Publishing Category: Book
List Price: $95.00 Buy Used: $21.99 as of 9/4/2010 12:50 CDT details You Save: $73.01 (77%)
New (3) Used (13) Collectible (2) from $21.99
Seller: Trahambookstore Rating: 1 reviews Sales Rank: 2,381,568
Media: Hardcover Pages: 467 Number Of Items: 1 Shipping Weight (lbs): 1.6 Dimensions (in): 9.1 x 6.1 x 1.4
ISBN: 1883249112 Dewey Decimal Number: 650 EAN: 9781883249113 ASIN: 1883249112
Publication Date: October 1996 Shipping: Eligible for FREE Super Saver Shipping Availability: Usually ships in 24 hours
|
|
|
Also Available In:
|
|
Similar Items:
|
|
|
Editorial Reviews:
Product Description In addition to an overview of the historical background of commercial real estate finance and commercial property markets, this reference provides an up-to-date examination of evolving GAAP Principles for issuers of and investors in CMBS. The Handbook of Commercial Mortgage-Backed Securities provides a framework for risk and relative value analysis of CMBS and an option-based approach to valuing default and prepayment risk in CMBS. Additional topics include: Performing financial due diligence associated with commercial mortgage securitization; Legal perspectives on disclosure on the bond structure of CMBS; Federal income taxation of RELICS and CMBS.
|
|
Customer Reviews: More of market commentary in nature than analytical January 21, 2005 Sudipto K. Haldar (Robbinsville, NJ USA) 4 out of 8 found this review helpful
I am a newbie in the REIT field, I read this book with a view to understand the market better and to understand the basic concepts involved in this field. While I must say I did pick up some basic concepts I don't think I understand the market much better than before. The concepts I did pick up was not being explained in detail by the author but he was using those factors and parameters to explain why market behaved in a particular way during, say, the 1985-1990 period.
Now, this is certainly not the book for the beginner, certainly not the book for somebody who wants to analyze how profitable a REIT would be... the mathematical formulas used in the books might be useful for the ones setting up the REIT, but for others, it's certainly not worth the money.
|