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"[This book fills a gap in the existing resources available to students and professionals requiring an academically rigorous, but practically orientated source of knowledge about real estate finance. Written by a bank vice-president who for many years has practiced as a commercial lender and who teaches real estate investment at university level, and an academic whose area of study is finance and particularly valuation, this book will lead readers to truly understand the fundamentals of making a sound real estate investment decision. The focus is primarily on the valuation of leased properties such as apartment buildings, office buildings, retail centers, and warehouse space, rather than on owner occupied residential property., This book fills a gap in the existing resources available to students and professionals requiring an academically rigorous, but practically orientated source of knowledge about real estate finance. Written by a bank vice-president who for many years has practiced as a commercial lender and who teaches real estate investment at university level, and an academic whose area of study is finance and particularly valuation, this book will lead readers to truly understand the fundamentals of making a sound real estate investment decision. The focus is primarily on the valuation of leased properties such as apartment buildings, office buildings, retail centers, and warehouse space, rather than on owner occupied residential property.]"

"To make real money, investors need the right financing. And as they buy multiple properties, their debt equity rises and it becomes more difficult to get financing. As many investors have learned the hard way, getting the wrong financing can wipe out their profits, hold them back from selling because of a lack of equity, or force them to try to sell for more than the market will bear. "The Real Estate Investor's Guide" to financing is the one book that shows readers how to get the right financial package for the biggest return on their investment. As a respected author and mortgage banker, David Reed has spent more than twenty years helping investors finance their properties. Complete with advice on creative financing and a glossary of investment terms, this is the one guide that will help readers avoid the mistakes that can derail any deal, and start making real money."

"ABSTRAKNama:Eveline SiburianNPM:1606938246Program Studi:Magister ManajemenJudul Tesis:Analisis Pengukuran Shareholder Value Creation Pada Industri Kesehatan, Material dan Perumahan di IndonesiaPembimbing:Dr. Agustinus Yohanes Penciptaan nilai pemegang saham pada dasarnya dapat dideskripsikan dengan pengukuran akuntansi maupun pengukuran ekonomi. Berdasarkan hasil penelitian sebelumnya, pengukuran penciptaan nilai pemegang saham ini memiliki hasil yang berbeda. Oleh sebab itu, penciptaan nilai pemegang saham sampai saat ini belum dapat dijelaskan dengan hasil yang sama, konsisten dan universal. Penyebab yang mungkin atas perbedaan hasil tersebut adalah kompilasi sampel yang menyeluruh pada negara penelitian. Penelitian ini dirancang dengan merubah sudut pandang konsep penciptaan nilai pemegang saham berdasarkan pengelompokkan perusahaan menurut industrinya. Industri yang terpilih adalah industri kesehatan, material dan perumahan. Pengolahan dengan panel data pada ketiga industri secara bersamaan menunjukkan bahwa pengukuran ekonomi dan akuntansi sama ndash; sama baik dalam mendeskripsikan penciptaan nilai pemegang saham. Namun, apabila ditelusuri lebih lanjut berdasarkan tipe industrinya terdapat pengukuran yang lebih dominan pada masing ndash; masing industri. Penciptaan nilai pemegang saham pada industri kesehatan lebih dominan dipengaruhi oleh Cash Flow from Operation, yang merupakan indikator pengukuran akuntansi. Sementara, penciptaan nilai pemegang saham pada industri material dan perumahan lebih dominan dipengaruhi oleh Economic Value Added, yang merupakan indikator pengukuran ekonomi. Kata Kunci: Penciptaan Nilai Pemegang Saham, Data Panel, MVA.

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ABSTRACTName Eveline Siburian Student Number 1606938246 Study Program Magister of Management Thesis Title Shareholder Value Creation Measurement Analysis on Healthcare, Material and Real Estate Industry in Indonesia Mentor Dr. Agustinus Yohanes Shareholder value creation basically can be described by accounting measurement and economic measurement. Based on the results of previous research, the measurement of shareholder value creation has different results. Therefore, the shareholder value creation until this day still can not be explained with the same, consistent and universal results. A possible cause of the outcome difference is a thorough sample compilation in the study country. This research is designed by changing the point of view of shareholder value creation by grouping the companies according to the industry. The selected industries are healthcare, material and real estate industries. Processing with data panels, in all three industries simultaneously shows that economic and accounting measurements are equally good at describing shareholder value creation. However, if traced further by type of industry there is a more dominant measurement in each industry. The shareholder value creation in the healthcare industry is more dominantly affected by Cash Flow from Operation, which is an indicator of accounting measurement. While, the shareholder value creation in the materials and real estate industries is more dominantly influenced by Economic Value Added, which is an indicator of economic measurement. Keywords Value Creation Shareholders, Panel Data, MVA "