Deficiencies in strategic, administrative, productive or financial performance make many organizations more vulnerable to financial imbalance, generally characterized by insolvency and low liquidity. It is therefore necessary for management to have a constant and thorough knowledge of the economic and financial condition of its sector, which allows it to detect errors in time and apply the necessary corrections, predict the future and make better decisions. The financial analysis or diagnosis is the most effective tool to evaluate the economic and financial performance of a company throughout a specific exercise and thus, to compare its results with those of other companies in the same sec- tor and with similar characteristics. The evaluation of the indicators of the SME real estate sector is not carried out, and as a consequence there is no tool that allows an adequate decision making by the top manage- ment of a company. On the other hand, it is possible to evidence that the exogenous variables that affect the real state sector such as the devaluation of the peso against the dollar influence many indicators of the EEFF. The real estate sector in Colombia has had a contraction in the GDP in the order of -2.1% for the years 2017-2018, all this is due to excess supply, a phenomenon that occurs in both high and low income strata; there is a supply that is exceeding demand in the sector and this affects the sector significantly.
A Capital Structure Financial Analysis and Unmeasured Effect of each Countries Regime: the Real Estate Companies (REITS)