| dc.description.abstract | The purpose of this study was to establish the sources of financing real estate in Kenya.
In specific terms the study reviewed whether financing in the real estate originates from;
mortgage financing, savings, venture capital and equity financing.This study also
employed descriptive survey design since it is conducted to describe the present
situation, what people currently believe, what people are doing at the moment and so
forth. The population of this study wasall the real estate firms in Nairobi. This study
used secondary data for five years. Data was analyzed using Statistical Package for
Social Sciences (SPSS) and results were presented in frequency tables and charts. The
data was then analyzed in terms of descriptive statistics like frequencies, means and
percentages. The findings indicated that mortgage financing is the most used source of
financing, with equity and venture capital being the least source of financing used. The
findings also indicated that there is a significantly positive relationship between
mortgage financing and real estate development. However the findings recommended
that to increase use of equity and venture capital as a source of financing will require
businesses to sell their ideas to people who have money to invest.Equity and venture
capital financing can be a good source of financing but with combining them with other
sources of financing. Further research should be on the effects of sources of financing in
unsuitable economic conditions, political instability and a global economic crisis and
internal and external factors that affect the decision on sources of financing for real
estate firms in Kenya. Carrying out this study will analyze decisions on the best methods
to source for finances during such times and will also analyze critical factors that
managers ought to consider in order to make their decision on sources of financing yield
successful results. | en |
