PT - JOURNAL ARTICLE AU - Frank J. Fabozzi AU - Silvia Stanescu AU - Radu Tunaru ED - Goyal, Gauri TI - Practical Applications of Commercial Real Estate Risk Management with Derivatives AID - 10.3905/pa.2014.2.2.067 DP - 2014 Oct 31 TA - Practical Applications PG - 1--4 VI - 2 IP - 2 4099 - https://pm-research.com/content/2/2/1.2.short 4100 - https://pm-research.com/content/2/2/1.2.full AB - Commercial Real Estate Risk Managementwith Derivatives Frank J. Fabozzi Silvia Stanescu Radu Tunaru Commercial real estate is a huge and significant investment in many global institutional portfolios, but the use of derivatives in this market has been quite limited to date. That’s a pity. Portfolio managers who are willing to step forward and apply some of the derivatives tools currently available in commercial real estate will find immediate and practical benefits, say authors Frank Fabozzi, Professor of Finance at EDHEC Business School and Editor of The Journal of Portfolio Management , and Kent Business School professors Silvia Stanescu and Radu Tunaru.For this Practical Applications report, we spoke with Greg MacKinnon—Director of Research at the Pension Real Estate Association and co-editor of the JPM Special Real Estate Issue in which the article appeared.TOPICS: Real estate, CMBS and commercial mortgage loans, interest-rate and currency swaps