Book on Commercial Real Estate

[Nir]

Hi All,



Thomas Beyer mentioned a book on commercial RE earlier this year: "Commercial Real Estate Investing in Canada", by Pierre and Claude Boiron.



http://myreinspace.com/public_forums/General_Discussion/61-10441-Book_on_Commercial_Real_Estate.html



Just wanted to ask if anyone else read or heard about the book and if you recommend it.



I understand it is heavy .. but is it a good book?



Thanks & Regards,

Neil

 

[Nir]

just another question rescue attempt before it disappears in the fascinating world of the web.

 

[john75]

Hi Neil,

I also read the book. I recommend it. Lots of information and tips on commercial real estate. I also suggest doing a quick google search. I found price variances of $50 for the book when I bought it .

 

[Nir]

Thank You John!

I purchased the book yesterday and I am really excited about this opportunity to expand my knowledge especially on apartment buildings.

Regards,
Neil

 

[willy]

I checked it out from the library. There was quite a waiting list. Guess I`m not the only cheap one out there.
I liked it though.

 

[ChrisDavies]

You can find it on Amazon.ca here for $120, regular price around $200.

Must be a heck of a book.

 

[Alvaro Sanchez]

Just got the book and so far is excellent... at $160 (using a discount at Chapters)...

 

[TangoWhiskey]

I read that one using an interlibrary loan (amazing value for money service) along with a few other commercial RE investing books mostly drawn from RE MBA's in the US. The two Canadian RE MBA's course reference materials were very general and poor in their source material (I thought).



The first 50 pages of the Boiron book were excellent as they had actual owner insights but then it got too heavy on arcane technical details that often pertained primarily to Ontario or things like collateralized mortgage pools, which aren't that relevant as your commercial mortgage broker should tell you that side of things.



For my money, the most insights I've found in any RE academic book are Peter Linnemann RE Finance and Investments: Risks and Opportunities. I especially liked his quote at one chapter end that "Patience and the ability to say no are a RE investors two biggest assets." You have to skim for these insights but they are frequent and excellent coming from a guy running perhaps the most respected Real Estate MBA in the US (Wharton). Get it from the library first and decide if you want a copy - I'd choose that one over Boiron.