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RECOMMENDED READING The Dynamics of Real Estate Capital Markets-A Practioner's Perspective By Bowen H. "Buzz" McCoy (2006, Urban Land Institute, Washington, D.C., 262 pages)
THIS UNIQUELY ORGANIZED TEXT comprises 36 of Bowen H. "Buzz" McCoy's articles and symposia summaries. McCoy is a "real estate icon" of the 20th century, according to National Real Estate Investor magazine, and this compilation of works provides tremendous insight into the evolution of transaction structure, market dynamics and analytical trends through the past 35 years.
During this time period, significant and critical changes occurred with regard to perception, perspective and practice for participants, counselors and investors as commercial real estate transformed into the much more transparent, liquid and sought-after asset class that it is today. And McCoy was one of the catalysts of this evolution. He worked at Morgan Stanley & Co. from 1962 to 1990 and held the roles of general partner, managing director and president of Morgan Stanley Realty. McCoy is "a pioneer and a legend in commercial real estate circles ... one of the first people to bring Wall...