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| The Strategic Real Estate Framework:
Processes, Linkages, Decisions Author: Stephen E. Roulac Start Page: 323 Abstract: The intention of this
work is to provide a contemporary perspective for understanding the real estate markets
that can guide the involvement and decisions for all sectors of society's direct and
indirect involvements with the real estate process, resources and market participants.
Comprehension of the multifaceted, multidimensional, substantial segment of the economy
known as real estate is best accomplished through a strategic framework. Because the real
estate discipline lacks coherence and concurrence about what is the essence of real estate
and what are the operative paradigms for comprehending and making order of the discipline,
there is need for a strategic framework that is simultaneously synthesizing, integrating
and comprehensive. The concept of the real estate strategy framework both provides the
basis for gaining insights into the real estate discipline and also presents a means to
connect a strategic approach to real estate with the act of real estate decision-making.
By understanding the real estate process, those strategic influences on transactions that
follow from the real estate process can be identified. This framework can enhance the
quality, reliability and prudence of real estate decisions. By understanding these
interdependencies and linkages, more effective decisionmaking concerning real estate
interests and the objectives of participants in the real estate markets can be achieved. |
