PART ONE: OVERVIEW OF REAL ESTATE FINANCE AND INVESTMENTS  1 Real Estate Investment Basic Legal Concepts  2 Real Estate Financing Notes and Mortgages PART TWO: MORTGAGE LOANS 3 Mortgage Loan Foundations The Time Value of Money  4 Fixed Interest Rate Mortgage Loans  5 Adjustable and Floating Rate Mortgage Loans  6 Mortgages Additional Concepts, Analysis, and Applications PART THREE: RESIDENTIAL HOUSING  7 Single-Family Housing Pricing, Investment, and Tax Considerations  8 Underwriting and Financing Residential Properties PART FOUR: INCOME-PRODUCING PROPERTIES  9 Income-Producing Properties Leases, Rents, and the Market for Space  10 Valuation of Income Properties Appraisal and the Market for Capital  11 Investment Analysis and Taxation of Income Properties  12 Financial Leverage and Financing Alternatives  13 Risk Analysis  14 Disposition and Renovation of Income Properties  15 Financing Corporate Real Estate PART FIVE: FINANCING REAL ESTATE DEVELOPMENT 16 Financing Project Development  17 Financing Land Development Projects PART SIX: ALTERNATIVE REAL ESTATE FINANCING AND INVESTMENT VEHICLES 18 Structuring Real Estate Investments Organizational Forms and Joint Ventures  19 The Secondary Mortgage Market Pass-Through Securities  20 The Secondary Mortgage Market CMOs, CDOs, CLOs, and Derivative Securities  21 Real Estate Investment Trusts (REITs) PART SEVEN: PORTFOLIO ANALYSIS AND REAL ESTATE FUNDS  22 Real Estate Investment Performance and Portfolio Considerations  23 Real Estate Funds Structure, Performance, Benchmarking, Risk and Attribution Analysis