Maverick Real Estate Financing : The Art Of Raising Capital And Owning Properties Like Ross, Sanders And Carey

  Author:    Steve Bergsman, Steve Bergsman
  ISBN:    0471745871
  Sales Rank:    19384
  Published:    2006-03-31
  Publisher:    Wiley
  # Pages:    304
  Binding:    Hardcover
  Avg. Rating:    5.0 based on 7 reviews
  Used Offers:    11 from $13.87
  Amazon Price:    $16.47
  (Data above last updated:  2008-11-28 05:54:32 EST)
  
  
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Maverick Real Estate Financing : The Art Of Raising Capital And Owning Properties Like Ross, Sanders And Carey
  
Praise for MAVERICK REAL ESTATE FINANCING

"Once you start reading, you won't be able to put the book down. You will feel you are part of the deals that industry leaders have put together. This is a real book about real people and how they address risk and reward."
—Bruce S. Schonbraun, Managing Partner The Schonbraun McCann Group LLP

"Bergsman applies a journalist's logic to the complex world of commercial real estate, making it easier for outsiders to understand. He writes with the authority of a true insider."
—Brannon Boswell, Managing Editor Shopping Centers Today

"Congratulations. Finally, someone has written a book that reflects real estate finance in the twenty-first century. With the growing proliferation of real estate education in university business schools today, this book should be required reading!"
—James D. Kuhn, President Newmark Knight Frank

In Maverick Real Estate Financing, Steve Bergsman—author of the widely acclaimed Maverick Real Estate Investing—describes the various financing methods you can use to achieve real estate investment success. Maverick Real Estate Financing also introduces you to an innovative group of real estate professionals who have used these methods to build substantial fortunes.

By listening to some of the world's most successful real estate Mavericks—includingWilliam Sanders, W. P. Carey, and Stephen Ross—you'll discover what sets them apart from the rest of the pack and learn how to apply their proven principles to your own real estate deals.

Each chapter examines a different real estate financing technique and the Maverick who best exemplifies it. Some of the strategies and products discussed include:

  • Equity financing
  • Public and private REITs
  • Agency loans
  • UPREITs
  • Commingled capital
  • Retail site arbitrage
  • Conduit loans
  • Sale-leasebacks
  • Distressed mortgages
  • Low-income housing tax credits (LIHTCs)
Real estate financing lessons from some of the best minds in the business The real estate market is booming, and over the last few years, people have turned to this reliable investment because of its incredible potential. However, real estate investing is a much different beast than buying a home. The objective is no longer real estate for individual use, but to lease the property to others in order to create income. In this follow-up to the widely acclaimed Maverick Real Estate Investing, Steve Bergsman describes in detail various real estate financing methods that can be used for real estate investment success. Each chapter discusses a different financing technique from first mortgages, equity financing, conduits, and agency loans to low-income housing tax credits, distressed mortgages, and UPREITs and profiles real estate financing mavericks who have used these techniques to capture huge profits. While advice on real estate financing abounds, Maverick Real Estate Financing offers proven techniques and strategies from some of the best minds in the business including: W.P. Carey, and Robert Taubman. Steve Bergsman (Mesa, AZ) is a nationally recognized financial and real estate writer. For the past 20 years, he has been a contributor to many leading publications and regularly writes the ""Ground Floor"" real estate column in Barron's. He is also the author of Maverick Real Estate Investing (0-471-46879-7).
                  Reader Reviews 1 - 7 of 7                 
  
  
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07-04-08 5 (NA)
(Hide Review...)  EXCELLENT
Reviewer Permalink
Grate book, it will give you most of the financial structures you need to know in real state business.
(Review Data Last Updated: 2008-11-30 05:03:31 EST)
07-04-08 5 (NA)
(Hide Review...)  EXCELLENT
Reviewer Permalink
grate book at any level. it will give you most of the financials insights you will need to know in real state business.
(Review Data Last Updated: 2008-08-24 04:14:03 EST)
11-23-07 5 (NA)
(Hide Review...)  As described
Reviewer Permalink
I was pleasantly surprised at how useful this book has been. It describes different types of funding as well as some of the characters who have created some of the funding schemes and instruments we use today. Not all of the info is what I would call 100% timely; some of the bio's go back to the '60's. Still, it has helped me piece together the commercial funding puzzle which is the next step in investing that I would like to take.
(Review Data Last Updated: 2008-07-04 18:14:57 EST)
01-16-07 4 1\2
(Hide Review...)  This will give you ideas, but not a real how to...
Reviewer Permalink
I liked this book, but it really only provides you ideas on how to raise capital. It is not a real how to guide. So if you are looking for that, look elsewhere...
(Review Data Last Updated: 2007-11-23 08:55:29 EST)
12-12-06 3 3\3
(Hide Review...)  Examine Your Motivation
Reviewer Permalink
This rating is based on how well the book met my expectations. If you are honestly ready and focused on joining the ranks of Zuckerman, Shorenstein, Zell, or Trump, then a book like this might serve well as a type of guide post. You would then be dealing with projects in the $100 million plus range. If, however, your focus is on the lower end of the spectrum ... like financing apartment buildings under $5 million - with or without the aid of an investment group - you will not gain much in the way of practical knowledge from this book
(Review Data Last Updated: 2007-01-16 11:44:35 EST)
12-05-06 4 (NA)
(Hide Review...)  Real Estate Entrepeneurs - This is Your Must Read!
Reviewer Permalink
I live, breathe, eat, and sleep real estate - everything from the single family homes to the development deals to the commercial turn-key acquisitions.

There are few books that are must reads in the world of the cookie-cutter industry that is dangerously overplayed. That is why Steve Bergsman's book is a must read (several times over). Financing, especially in the world of commerical lending, is a complicated subject that many investors across the spectrum do not put enough thought into. Bergsman offers great insight on not only the mavericks that pioneered (or help to pioneer) the concepts, but he also provides great examples of deals done in every creative, yet ethical and legal, way to structure financing.

As the owner of a capital funding group - this is what makes me tick - this book should be refreshing for those that are fed-up with the over-leveraged (and often danagerous) ways to finance real estate. This is a long-term success book that highlights how multi-million dollar deals that keep you in business are structured. Donald Trump's most famous saying regarding thinking big fits this book. You can reach it if you just know what to look for.

I believe in meat-and-potatoe reviews, so here is the meal:

- Sale-leasebacks are discussed
- REITs
- Commingled Capital
- Raising Capital/Equity Financing

and much more are discussed in impressive detail. So think big by buying this book. Stay in business by buying this book!

Real Estate Business People - This is Your Must Read!
(Review Data Last Updated: 2006-12-13 08:42:46 EST)
04-25-06 5 4\6
(Hide Review...)  A must read for all in real estate
Reviewer Permalink
Steve Bergsman has outdone himself... Maverick Real Estate Financing is a natural progression from Maverick Real Estate Investing, and a must real for all who are immersed in the world of real estate financing. Through detailed examples of some of the world's greatest real estate financiers, Mr. Bergsman has given the reader a vivid picture of how to navigate their way through the numerous financial alternatives available to anyone interested in investing in real estate.
(Review Data Last Updated: 2006-12-05 10:39:01 EST)
  
                  Reader Reviews 1 - 7 of 7                 
  
  
  
  
  
  

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