Question
When reporting on a real estate investment fund, a manager may treat the financial information as an estimate of performance based on the assumption that
When reporting on a real estate investment fund, a manager may treat the financial information as an estimate of performance based on the assumption that all of the underlying properties could be sold at their appraised value.
True or False - Why?
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Real Estate Finance And Investments
Authors: William Brueggeman, Jeffrey Fisher
16th Edition
1259919684, 978-1259919688
