Real Estate Perspectives: An Introduction to Real Estate

This text has been written for the first undergraduate course in real estate often titled Principles of Real Estate. It is suitable for an introductory course in graduate real estate programs as well. This text is intended for majors and non-majors alike. This text is written for those seeking a clear presentation of the numerous investment decisions involved in real estate such as whether and how to lease, buy, sell, or mortgage a property; how to analyze and predict the forces in the market that determine real estate values; whether and when to renovate, rehabilitate, or demolish; and when and how to divest a property.

Professor Jack Corgel has been a member of the Cornell Hotel School faculty for seven years. He served as the first Director of the Center of Hospitality Research from 1992-1994. After receiving undergraduate and Ph.D. (1979) degrees from the University of Georgia in real estate and corporate finance, he taught at the University of Florida, Georgia State University, and the University of Connecticut. During the academic year 1985-1986, he was a visiting scholar at the Federal Home Loan Bank Board in Washington, D.C. He is a fellow of the Homer Hoyt Institute. Professor Corgel has published over 50 articles in the most prestigious academic and professional journals, mainly on the subjects of real estate finance, investment, valuation, and hospitality real estate.