Real Estate Investment and Finance: Strategies, Structures, Decisions (Wiley Finance) is the fully revised and updated second edition of a leading textbook in the field, now emphasizing real estate cycles and the availability and flow of global capital. Authored by David Hartzell, this comprehensive guide offers a unique, practical perspective on international real estate investment, focusing on real-world techniques to measure, benchmark, forecast, and manage property investments as an asset class.

The text delves into global property markets and real estate cycles, outlines market fundamentals, and explains asset pricing and portfolio theory in the context of real estate. Since its first publication, conditions in global real estate markets have changed significantly following the financial crisis of 2008-2009, with real estate asset prices surpassing pre-crisis levels and debt and equity capital becoming more abundant. This new edition addresses current market trends and practices, incorporating feedback from instructors and students to include new content on real estate development, enhanced practical examples, expanded case studies, and more.

With 592 pages of insightful content, this seminal textbook is essential reading for students and professionals in the field of real estate investment. It remains the most influential resource used in top-tier colleges and universities worldwide, making it an invaluable tool for understanding the complexities of real estate finance and investment strategies.