ARTICLE REVIEW

Article Review

Abstract

Introduction

The real estate industry of today is a relatively mature industry with stable growth prospects and disciplined players. Real estate has emerged as an asset class with its own set of management approaches, best practices and expected rates of return. The industry is led by a new breed of professional executives and real estate managers — some of whom are newcomers to the industry — and others who survived the real estate crash of the early 1990s and thrived through the subsequent restructurings. (Smith, 2005, 115)

Leadership and Real Estate

The article states that the real estate industry has evolved tremendously ...