Commercial Real Estate Analysis and Investments presents the essential concepts, principles, and tools for the analysis of commercial real estate (income producing) from an investment perspective. The book integrates relevant aspects of urban and financial economics to provide learners with a fundamental analytical understanding of real estate investments. In addition, it bridges the gap between mainstream finance and the cutting edge of professional real estate practice, in order to address the implications of their key difference. David Geltner is a professor at MIT where he is also Director of the Real Estate Center. He received his Ph.D. in 1989 from the Massachusetts Institute of Technology and was a Professor of Real Estate at the University of Cincinnati from 1989 through Spring, 2002. He specializes in the areas of real estate investments, urban economics, and the financial economics of the real estate industry. He has published extensively in leading academic journals, including Real Estate Economics (formerly The AREUEA Journal), The Journal of Urban Economics, The Journal of Real Estate Finance and Economics, The Journal of Real Estate Research, The Journal of Housing Economics, and The Journal of Property Research, among others. He serves on the editorial boards of the three leading US academic real estate journals (Real Estate Economics, The Journal of Real Estate Finance and Economics, and The Journal of Real Estate Research) and of the leading British journal (The Journal of Property Research). He is a co-managing editor of a leading real estate research journal, Real Estate Economics for AREUEA. He serves on the Academic Advisory Board of the Real Estate Research Institute, a research promotion and funding agency sponsored by the leading real estate investment firms. Dr. Geltner has consulted for leading real estate investment advisory firms including serving on the Board of Ohio based STRS.