Wharton Emeritus Professor Dr. Peter Linneman explains the main reasons.
About The Author
Hi, I'm Bruce Kirsch. Over the last 18 years, I have had a diverse and interesting collection of adventures in CRE. I am the founder of Real Estate Financial Modeling and the creator of the Model for Success blog. I hold an MBA in Real Estate from The Wharton School, and am the co-author of the leading commercial real estate finance textbook, Real Estate Finance and Investments: Risks and Opportunities, and the associated REFAI Certification program. I graduated with a BA in Communication from Stanford University.