list three potential disadvantages of real estate as an investment.

Provide an example of a common real estate investment for each of the three styles of real estate investing.

How do unscheduled principal payments affect the lender of a fixed-rate mortgage at different levels of market interest rates?

How does the interest rate risk of a variable-rate mortgage compare to that of a fixed-rate mortgage from the perspective of the lender?

Describe the three major advantages of REIT ownership relative to direct real estate ownership.

List the two major approaches to valuing private commercial real estate equity.

Define net operating income.

What are the characteristics that distinguish syndications from other real estate investment vehicles?

Summarize two major unresolved issues risk-related issues of equity REIT returns.

Contrast the NAREIT and NCREIF real estate indices as measures of private commercial real estate performance