![]() ![]() Rather, real estate finance is fundamentally driven by judgment and experience, with an eye to the numbers. Instead, the book is designed to help you understand that there is no singular or simplistic answer to any real estate finance problem. It is not a mere formulaic analysis of numbers designed to give you “the answer” to any and all real estate investment decisions. The book is an exploration of the key concepts of real estate finance and investment strategy. It covers the basic mathematics of real estate finance and investments, while stressing the ambiguity of decision making. This book balances the “real world” aspects of real estate finance without compromising key theoretical underpinnings. Linneman’s frustration with texts that concentrate excessively on theoretical detail and literature, while ignoring important aspects of financial decision making. Based on his Wharton classes, this book reflects Dr. ![]()
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