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Answer any three of the following Answers should be in the region of 500 words each. 4. What key risk factors differentiate Commercial Mortgage-Backed Securities

Answer any three of the following Answers should be in the region of 500 words each.

4. What key risk factors differentiate Commercial Mortgage-Backed Securities from the RMBS market?

5. Critically examine the relative advantages and disadvantages of a REIT adopting a focused, versus diversified, investment strategy. Consider this issue from the perspective of both investors and the REITs.

6. Critically examine how real estate can play a key role in corporate strategic decision making.

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