Backcover}. .
A Codifying Best Practices Guide to Effectively Managing the
Entire Real Estate Investment Process
. .
" The Handbook of Commercial Real Estate Investing" delivers an
authoritative best practices approach to the three major areas of
the industry: investment transactions, asset management, and
enterprise management. Skillfully written by John McMahan, a leader
of the U.S. commercial real estate investment industry, The
Handbook of Commercial Real Estate Investing presents
state-of-the-art methods needed to successfully invest in and
manage commercial properties such as office buildings, shopping
centers, industrial buildings, apartments, and hotels.. .
Designed to codify the industry best practices encouraged by
financial institutions, "The Handbook of Commercial Real Estate
Investing" offers: . Complete guidelines for the critical due
diligence stage of the investment process. Effective asset
management techniques for leasing, property management, . and
tenant relations. Detailed procedures for reporting to investors on
the financial. performance of the real estate portfolio.
Information on using technology in the due diligence process. A
wealth of sample forms and checklists used in real estate
investment. A valuable glossary of real estate investment terms.
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Authoritative and easy to use, "The Handbook of Commercial Real
Estate Investing" will serve as a valuable strategic guide to
managing the overall real estate investment process, as well as a
best practices tool for improving each operating area.. . . .
Flap Copy. .
"The Handbook of Commercial Real Estate Investing" offers a
comprehensive best practices approach to commercial real
estateinvestment, designed to minimize adverse consequences and
standardize the real estate investment process.. .
John McMahan, the veteran real estate investment advisor,
expertly demystifies the commercial real estate investment process,
describing how values are created and presenting the tools needed
to be a successful real estate investor.. .
The author explains the meaning of best practices within the
context of the real estate industry, and stresses the importance of
understanding investor objectives. He also discusses the
characteristics of various property types, the fiduciary
obligations involved, and post-closing problems to be avoided. .
.
"The Handbook of Commercial Real Estate Investing" concentrates
on best practice standards in the three main areas of commercial
real estate: investment transactions, asset management, and
enterprise management, providing in-depth coverage of the crucial
topics within each area: . . Investment Transactions_shows how to
perform a complete due. diligence evaluation, detailing the
physical, legal, and business aspects of the process, as well as
cash flow analysis, negotiating agreements, underwriting, and
closing. . Asset Management_examines the application of best
practices in. leasing, property management, tenant relations, and
financial reporting, with emphasis on delivering a high level of
customer service to maintain and increase property cash flow. .
Enterprise Management-provides a roadmap to critical enterprise
growth issues such as building leadership, strategic planning,
market positioning, risk management, and corporate governance.
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A complete, one-stop reference, "The Handbook of Commercial Real
Estate Investing" featurestwo Appendices: one on applying
technology to the real estate investment process, particularly due
diligence on prospective investment assets; the other containing
numerous sample documents associated with real estate investment.
This essential resource also includes a handy Glossary of real
estate investment terms and a detailed Index for rapid access to
discussions of specific issues.. . . .
About the Author.
John McMahan is a real estate investment manager who founded
John McMahan Associates (JMA), a San Francisco-based firm which
acquired U.S. real estate for European, Asian, Australian, and
Middle Eastern investors. The firm later became McMahan Real Estate
Advisors, shifting its focus to investing pension capital in real
estate and eventually merging with Mellon Bank to become
Mellon/McMahan, with Mr. McMahan as CEO. He also has served as
chairman of two public REITS, and for 17 years was a senior
lecturer at the Stanford Graduate School of Business and 5 years at
the Haas School of Business, UC Berkeley..