Thursday, December 6, 2012

Overview of Real Estate Finance

The major employers related to real estate finance are banks, insurance companies, mortgage companies, and investment firms. There are numerous career opportunities associated with real estate finance. These careers include Residential Mortgage Loan Officer, Residential and Commercial Development Finance, Corporate Real Estate Management, and Investment Analyst. A Residential Mortgage Loan Officer is responsible for selling, packaging, and closing residential mortgage loans. Professionals in Residential and Commercial Development Finance use financial and analytical skills to research local trends and financing for developers and development lenders. Professionals in Corporate Real Estate Management provide critical financial recommendations and expertise in analyzing costs and expenditures, structuring deals, setting prices to purchase land, etc. Most corporate real estate professionals start out in commercial banking and lending, then advance into corporate real estate portfolio management. Investment Analysts assess, review, and provide financial reports on a corporation's real estate portfolio and investment. They continually provide reports on the performance of a company's real estate investments. Below is a link providing more detailed information about these careers:

http://www.ehow.com/list_6496787_careers-real-estate-finance.html

Real estate finance trade organizations are formed to bring together the best professionals, knowledge, and experience to provide informative programs and networking opportunities for real estate finance professionals. One such example of a real estate finance trade organization is the Real Estate Finance Association (REFA) of Greater Boston. The link to REFA's website is provided below:

http://www.gbreb.com/refa.aspx

Real estate financial markets are performing well and beginning to make a resurgence, as we are recovering from the recent subprime mortgage crisis. Real estate finance will always be needed and play a critical role in our economy, as financing will always be needed for consumers for homes and businesses for expansion and investments. However, foreclosures are still an issue that real estate finance companies need to protect themselves against. They can do this by enforcing strict financial analysis of potential clients, through covenants included in real estate loans, etc.

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