An integrated analytical framework : guidelines for commercial real estate investment management
Thesis: S.M. in Real Estate Development, Massachusetts Institute of Technology, Program in Real Estate Development in conjunction with the Center for Real Estate, September, 2020
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| Format: | Thesis |
| Language: | eng |
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Massachusetts Institute of Technology
2021
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| Online Access: | https://hdl.handle.net/1721.1/129096 |
| _version_ | 1826203437510950912 |
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| author | Zhang, Junyi,S.M.Massachusetts Institute of Technology. |
| author2 | Walter N. Torous. |
| author_facet | Walter N. Torous. Zhang, Junyi,S.M.Massachusetts Institute of Technology. |
| author_sort | Zhang, Junyi,S.M.Massachusetts Institute of Technology. |
| collection | MIT |
| description | Thesis: S.M. in Real Estate Development, Massachusetts Institute of Technology, Program in Real Estate Development in conjunction with the Center for Real Estate, September, 2020 |
| first_indexed | 2024-09-23T12:37:23Z |
| format | Thesis |
| id | mit-1721.1/129096 |
| institution | Massachusetts Institute of Technology |
| language | eng |
| last_indexed | 2024-09-23T12:37:23Z |
| publishDate | 2021 |
| publisher | Massachusetts Institute of Technology |
| record_format | dspace |
| spelling | mit-1721.1/1290962021-01-07T03:20:48Z An integrated analytical framework : guidelines for commercial real estate investment management Zhang, Junyi,S.M.Massachusetts Institute of Technology. Walter N. Torous. Massachusetts Institute of Technology. Center for Real Estate. Program in Real Estate Development. Massachusetts Institute of Technology. Center for Real Estate Center for Real Estate. Program in Real Estate Development. Thesis: S.M. in Real Estate Development, Massachusetts Institute of Technology, Program in Real Estate Development in conjunction with the Center for Real Estate, September, 2020 Cataloged from student-submitted PDF of thesis. Includes bibliographical references (page 78). This thesis introduces an Integrated Analytical Framework that provides guidelines on mapping the analysis structure and reporting essentials for the commercial real estate ("CRE") investment with coverage from Acquisition Management, Development Management, Asset Management to Divestment. The motivation of this thesis responds to the need that small-scale Private Equity Real Estate ("PERE") firms have for efficient, comprehensive, and streamlined tools to manage investment assets. There are two purposes of this thesis. First, it is to introduce an analytical framework, integrating the entire lifecycle of a commercial real estate investment. From a quantitative analytical perspective, the framework introduces Key Performance Indicators that CRE investors should rely on to understand the expected performance of their investments. Second, it is to help CRE investors achieve analytical efficiency. A model template, in Microsoft Excel, is developed here to translate the framework into a practical tool. This thesis serves as a practical manual for small-scale PERE firms and real estate entrepreneurs who have limited resources and possess strong desires for a streamlined but comprehensive analytical tool to fulfill their investment management demands. This thesis focuses on both asset-level and portfolio-level investment analyses. While the asset-level perspective intends to be micro-level analysis and emphasizes the detail of every aspect of the asset, the portfolio-level analysis consolidates the asset fundamentals and provides a bird's-eye view of the entire investment lifecycle. This thesis contains a supplemental Excel file The Integrated Analytical Framework Model Template that can be obtained from DSpace@MIT with the persistent identifier: https://hdl.handle.net/1721.1/126014. by Junyi Zhang. S.M. in Real Estate Development S.M.inRealEstateDevelopment Massachusetts Institute of Technology, Program in Real Estate Development in conjunction with the Center for Real Estate 2021-01-06T17:39:53Z 2021-01-06T17:39:53Z 2020 2020 Thesis https://hdl.handle.net/1721.1/129096 1227098939 eng MIT theses may be protected by copyright. Please reuse MIT thesis content according to the MIT Libraries Permissions Policy, which is available through the URL provided. http://dspace.mit.edu/handle/1721.1/7582 pages application/pdf Massachusetts Institute of Technology |
| spellingShingle | Center for Real Estate. Program in Real Estate Development. Zhang, Junyi,S.M.Massachusetts Institute of Technology. An integrated analytical framework : guidelines for commercial real estate investment management |
| title | An integrated analytical framework : guidelines for commercial real estate investment management |
| title_full | An integrated analytical framework : guidelines for commercial real estate investment management |
| title_fullStr | An integrated analytical framework : guidelines for commercial real estate investment management |
| title_full_unstemmed | An integrated analytical framework : guidelines for commercial real estate investment management |
| title_short | An integrated analytical framework : guidelines for commercial real estate investment management |
| title_sort | integrated analytical framework guidelines for commercial real estate investment management |
| topic | Center for Real Estate. Program in Real Estate Development. |
| url | https://hdl.handle.net/1721.1/129096 |
| work_keys_str_mv | AT zhangjunyismmassachusettsinstituteoftechnology anintegratedanalyticalframeworkguidelinesforcommercialrealestateinvestmentmanagement AT zhangjunyismmassachusettsinstituteoftechnology integratedanalyticalframeworkguidelinesforcommercialrealestateinvestmentmanagement |