"Real Estate Finance and Investments" by Peter Linneman is a comprehensive textbook that provides an in-depth analysis of real estate finance and investments. The book covers various aspects of real estate finance, including:
This is where Linneman differentiates between acquisition and development . The formula is often broken in poor scans. The corrected version ensures you can see exactly how to solve for maximum land price given construction costs and exit cap rates. peter linneman real estate finance and investments pdf fixed