Content
January 2004, Volume 10, Issue 1
- 59-76 Characteristics of German Real Estate Return Distributions: Evidence from Germany and Comparison to the U.S. and U.K
by Raimond Maurer & Frank Reiner & Steffen Sebastian - 77-84 Point of View REIT Joint Venture Use is on the Rise
by Robert Hess & Youguo Liang
January 2003, Volume 9, Issue 3
- 179-185 An Investigation into the Credit Tenant Characteristics of Department of Defense Contractors
by Daniel Rivetti & Elaine Worzala - 193-203 Public and Private Real Estate in a Mixed-Asset Portfolio
by Mueller Andrew & Mueller Glenn - 205-218 Isolating Important Driving Forces in Indirect Real Estate Markets
by Wilson Patrick & Zurbruegg Ralf - 219-235 The Role of Singapore REITs in a Downside Risk Asset Allocation Framework
by Sing Tien & Ling Sze - 237-249 Potential Environmental Liabilities with Industrial Properties in the United Kingdom
by Jayne Michael & Syms Paul - 251-264 Prepayment Risk of Public Housing Mortgages
by Lee Nai & Ong Seow - 265-268 Point of View The Devaluation of Capital Budgeting in Real Estate Development Firms
by Weeks Shelton
January 2003, Volume 9, Issue 2
- 93-105 Homeownership and Investment in Real Estate Stocks
by Jack Goodman - 107-125 The 9/11/2001 Impact on Trophy and Tall Office Property
by Norman Miller & Sergey Markosyan & Andrew Florance & Brad Stevenson & Hans Veld - 127-165 The Environment and Performance of Real Estate Investment Trusts
by Emily Zietz & Stacy Sirmans & Swint Friday - 167-178 Corporate-Owned Real Estate Represents a Substantial Investment Universe
by Stephen Roulac - 187-192 Point of View The Problem of Indoor Mold for Portfolio and Property Managers
by Leonard Zumpano & Suzanna Hartley & Ken Johnson
January 2003, Volume 9, Issue 1
- 1-16 Project and Portfolio Management Decisions: A Framework and Body of Knowledge Model for Cycle Research
by Stephen Pyhrr & Waldo Born & Christopher Manning & Stephen Roulac - 17-28 REIT Selection and Portfolio Construction: Using Operating Efficiency as an Indicator of Performance
by Randy Anderson & Thomas Springer - 29-44 Performance of Property Companies in Hong Kong: A Style Analysis Approach
by K. Chau & S. Wong & Graeme Newell - 45-57 Correlation Shifts and Real Estate Portfolio Management
by Stephen Lee - 59-69 Some Structural Attributes of Institutional Office Investments
by Robert Hess & Youguo Liang - 71-88 Regional Models for Portfolio Diversification
by Theron Nelson & Susan Nelson - 89-92 Point of View How Long Can Real Estate Investments Defy Weak Supply/Demand Conditions?
by Hessam Nadji
January 2002, Volume 8, Issue 3
- 183-198 Real Estate Investment in an Asset/Liability Modeling Context
by Philip Booth - 199-207 Ex-Ante and Ex-Post Performance of Optimal REIT Portfolios
by Simon Stevenson - 209-227 Real Estate Market Reaction to Public Listings and Acquisition News of Malaysian REITs
by Tien Sing & K. Ho & Mei Mak - 229-238 An Examination of Volatility Spillovers in REIT Returns
by Simon Stevenson - 239-254 The Importance of Entertainment in the Shopping Center Experience: Evidence from Singapore
by Muhammad Ibrahim & Ng Wee - 255-270 The Location of Executive Suites and Business Centers in the United States
by Peter Byrne & Colin Lizieri & Elaine Worzala - 271-284 Point of View A Sector View of Public Market Ownership of Commercial Real Estate in the United States
by Robert Hess & Youguo Liang
January 2002, Volume 8, Issue 2
- 97-106 The Relevance of a Real Estate Factor in Modeling Insurance Company Returns
by Jarrod Johnston & Jeff Florida - 107-113 Price-Earnings Ratios, Dividend Yields and Real Estate Stock Prices
by Raymond Tse - 115-125 What Will the Next Real Estate Cycle Look Like?
by Glenn Mueller - 127-140 A Primer for Investors in the Korean MBS Market
by Eddie Lam - 141-152 The Impact of E-commerce on the Real Estate Industry: Baen and Guttery Revisited
by Waleed Muhanna & James Wolf - 153-174 The Impact of E-commerce on Retail Real Estate in the U.K
by Tim Dixon & Andrew Marston - 175-181 Point of View Hotel Investment: In Recovery or Incapacitated?
by John Corgel
January 2002, Volume 8, Issue 1
- 1-15 Real Estate Portfolio Diversification by Sources of Return
by Kwame National & Ser Wee & Shahid Ebrahim - 17-25 Diversification Benefits from Foreign Real Estate Investments
by Mitchell Conover & Swint Friday & Stacy Sirmans - 27-43 International Asset Allocation with Real Estate Securities in a Shortfall Risk Framework: The Viewpoint of German and U.S. Investors
by Raimond Maurer & Frank Reiner - 45-54 Synthetic Debt: Off-Balance-Sheet Corporate Finance for the Twenty-First Century
by Richard Graff - 55-63 An Analysis of the Impact of the Taxpayer Relief Act of 1997 on the Valuation of REITs and the Adverse Selection Component of the Bid/Ask Spread
by Richard Ott & Robert Van Ness - 65-77 Real Estate Research Needs of the Plan Sponsor Community: What Do the Plan Sponsor Real Estate Investment Managers Want to Know?
by Elaine Worzala & David Gilliland & Jacques Gordon - 79-92 The Integration of Retail Space Markets
by Donald Jud & Tony Wingler & Daniel Winkler - 93-95 Point of View The Rodney Dangerfield Effect
by Jacques Gordon
January 2001, Volume 7, Issue 3
- 183-214 Returns and Risk on Real Estate and Other Investments: More Evidence
by John Benjamin & Stacy Sirmans & Emily Zietz - 215-223 The Real Estate Asset Allocation Decision: Monetary Policy Implications
by Gerald Buetow & Robert Johnson - 225-238 Comparing Downside-Risk and Mean-Variance Analysis Using Bootstrap Simulation
by Ping Cheng - 239-246 Pricing Effects of Seasoned Debt Issues of Equity REITs
by Chinmoy Ghosh & Raja Nag & C Sirmans - 247-252 Are REIT CEOs Rewarded for Performance? Another Look
by John Scott & Randy Anderson & Anthony Loviscek - 253-280 The Use of GIS & OLAP for Accurate Valuation of Developable Land
by Bruce Weber - 281-288 Point of View Mature and Yet Imperfect: Real Estate Capital Market Arbitrage
by Randy Anderson & Youguo Liang
January 2001, Volume 7, Issue 2
- 89-97 Landlords, Tenants and E-Commerce: Will the Retail Industry Change Significantly?
by Elaine Worzala & Anne McCarthy - 99-124 Economic Analysis Suggests that REIT Investment Characteristics are Not as Advertised
by Richard Graff - 125-131 MPT and the Downside Risk Framework: A Comment on Two Recent Studies
by Ping Cheng & Marvin Wolverton - 133-142 Dividend Payout Characteristics of U.K. Property Companies
by Joseph Ooi - 143-149 Public vs. Private Real Estate in Hong Kong Using Adaptive Expectations
by Raymond Tse & James Webb - 151-157 The Wealth Effects of REIT Straight Debt Offerings
by Shawn Howton & Shelly Howton - 159-167 The Relative Importance of Property Type and Regional Factors in Real Estate Returns
by Stephen Lee - 169-176 The Evolution of Real Estate in the Economy
by Dapeng Hu & Anthony Pennington-Cross - 177-182 The Efficiency of Nursing Home Chains and the Implications of Nonprofit Status: A Comment
by Kris Knox & Eric Blankmeyer & J Stutzman
January 2001, Volume 7, Issue 1
- 5-16 The Long-Term Advantages to Incorporating Indirect Securities in Direct Real Estate Portfolios
by Simon Stevenson - 17-23 The Role of Private and Public Real Estate in Pension Plan Portfolio Allocation Choices
by Timothy Craft - 25-41 Can Private Real Estate Portfolios Be Rebalanced/Diversified Using Equity REIT Shares?
by Michael Seiler & James Webb & F Neil Mye - 43-54 The Time-Varying Nature of the Link between REIT, Real Estate and Financial Asset Returns
by Jim Clayton & Greg MacKinnon - 55-65 Real Estate Ownership and Operating Businesses: Does Combining Them Make Sense for REITs?
by Glenn Mueller & Michael Anikeeff - 67-77 Is Bigger Better? A Re-examination of the Scale Economies of REITs
by Shiawee Yang - 79-87 Dividend Policy and Firm Performance:Hotel REITs vs. Non-REIT Hotel Companies
by Robert Mooradian & Shiawee Yang
January 2000, Volume 6, Issue 4
- 307-326 Municipal Real Property Asset Management: An Overview of World Experience, Trends and Financial Implications
by Olga Kaganova & Ritu Nayyar-Stone - 327-338 Institutional Property Tenure: Evidence from the NCREIF Database
by Jeffrey Fisher & Michael Young - 339-348 Management Styles of REIT Funds
by F. Neil & James Webb - 355-363 Long Run Underperformance in REITs Following Seasoned Equity Offerings
by Shawn Howton & Shelly Howton & H. Friday - 365-372 Causal Relationships Between Apartment REIT Stock Returns and Unsecuritized Residential Real Estate
by Ling He - 373-385 The Inflation-Hedging Characteristics of Real Estate and Financial Assets in Singapore
by Tien-Foo National & Swee-Hiang Low - 387-416 Institutional Real Estate Investing Processes, Due Diligence Practices and Market Conditions
by Stephen Roulac - 417-422 Point of View Styles of Higher Return Strategies
by Joel Stoesser & Robert Hess
January 2000, Volume 6, Issue 3
- 213-223 Asset Allocation in a Downside Risk Framework
by Tien Foo Sing & Seow Eng Ong - 225-237 An Investigation of Current Debt Levels of Equity REITs
by Peter H. Oppenheimer - 239-247 Real Estate Mutual Funds: Abnormal Performance and Fund Characteristics
by Edward O'Neal & Daniel Page - 249-258 Retail Vacancy Rates: The Influence of National and Local Economic Conditions
by John Benjamin & G. Donald Jud & Daniel Winkler - 259-271 Causality in Real Estate Markets: The Case of Hong Kong
by Ling He & James Webb - 273-282 The Day of the Week Effect in Real Estate Investment Trusts
by H. Swint Friday & Eric Higgins - 283-306 Comparing Univariate Forecasting Techniques in Property Markets
by Patrick Wilson & John Okunev & Craig Ellis & David Higgins
January 2000, Volume 6, Issue 2
- 101-111 The Asymmetric REIT-Beta Puzzle
by Arjun Chatrath & Youguo Liang & Willard McIntosh - 113-130 Institutional Investment in REIT Common Stocks: An Examination of the Prudent Man Investment Hypothesis
by Scott Below & Stanley Stansell & Mark Coffin - 131-140 A Note on Intracity Geographic Diversification of Real Estate Portfolios: Evidence from Hong Kong
by Roger Brown & Ling Li & Kenneth Lusht - 141-151 Regional Comparison of Office Prices and Rentals in China: Evidence from Shanghai, Guangzhou and Shenzhen
by James Webb & Raymond Tse - 153-166 Risk and Return Perceptions of Institutional Investors
by Elaine Worzala & G. Sirmans & Emily Zietz - 167-184 Retail Leasing in a Web Enabled World
by Norman Miller - 185-201 The Effects of Technology on Retail Sales, Commercial Property Values and Percentage Rents
by John Baen - 203-211 Uses of Websites for Effective Real Estate Marketing
by Michael Bond & Michael Seiler & Vicky Seiler & Ben Blake - 203-215 Appraisers and Toxic Mold: Legal and Valuation Issues
by Bob Aalberts & Richard Hoyt
January 2000, Volume 6, Issue 1
- 1-6 Portfolio Variance and Correlation Matrices
by Seow-Eng Ong & Malik Ranasinghe - 7-16 Optimal Diversification: Is It Really Worthwhile?
by Ping Cheng & Youguo Liang - 17-25 Cash Flows vs. Earnings in the Valuation of Equity REITs
by Carol Graham & John Knight - 27-35 Real Estate Exposure and Asset Intensity
by Seow-Eng Ong & Yan Yong - 37-51 Neighborhood Racial Composition and Mortgage Redlining: A Nationwide Analysis
by Andrew Holmes - 53-60 Public versus Private Real Estate in Hong Kong
by Raymond Tse & James Webb - 61-74 Time-Varying Expected Returns and Information in Home Prices
by Yuming Li & Zhong-guo Zhou - 75-95 Evaluating “Within Real Estate” Diversification Strategies
by Timothy Viezer - 97-100 Point of View Academic and Applied Real Estate Research: “As Two Worlds Collide” or “As Two Worlds Divide”?
by Lawrence Souza
January 1999, Volume 5, Issue 3
- 201-202 Introduction: Seniors Housing
by Michael Anikeeff & Glenn Mueller - 203-209 Growth Strategies for Senior Living Companies
by Stephen Roulac & Aditya Eachempati - 211-224 Size, Scope and Performance of the Seniors Housing and Care Industry: A Comparison With the Multifamily and Lodging Sectors
by Steven Laposa & Harvey Singer - 225-234 Survival of the Fittest: Competition, Consolidation and Growth in the Assisted Living Industry
by Jerry Doctrow & Glenn Mueller & Lauren Craig - 235-245 The Efficiency of Nursing Home Chains and the Implications of Non-profit Status
by Randy Anderson & Danielle Lewis & James Webb - 247-258 Estimating the Demand for Seniors Housing and Home Health Care
by Michael Anikeeff - 259-274 Forecasting Seniors Housing Demand in Florida
by David Macpherson & Stacy Sirmans - 275-286 Trade Area Demand Analysis for Private Pay Assisted Living Facilities
by Eleanor Tessier & Glenn Mueller - 287-297 Transitory Effects of Disamenities on Residential Housing Values: The Case of Public and Senior Housing
by Thomas Carroll & Mike Clauretie - 299-299 A Note on Underwriting and Investing in Senior Living and Long-Term Care Properties: Separating the Business from the Real Estate
by Anthony Mullen
January 1999, Volume 5, Issue 2
- 105-112 Property Size and Risk: Why Bigger is Not Always Better
by Barry Ziering & Willard McIntosh - 113-127 Serial Persistence in Disaggregated Australian Real Estate Returns
by Richard Graff & Adrian Harrington & Michael Young - 129-137 The Role of International Real Estate in Global Mixed-Asset Investment Portfolios
by Adrian Chua - 139-144 Mixed-Asset Portfolio Composition with Long-Term Holding Periods and Uncertainty
by Alan Ziobrowski & Royce Caines & Brigitte Ziobrowski - 145-160 The Return Distributions of Property Shares in Emerging Markets
by Kevin Lu & Jianping Mei - 161-170 International Real Estate Securities: A Test of Capital Markets Integration
by Jacques Gordon & Todd Canter - 171-181 Are EREITs Real Estate?
by Michael Seiler & James Webb & F. Neil Myer - 183-194 Changing Leases into Investment-Grade Bonds: Financial Alchemy and Cost Reduction in Real Estate Finance
by Richard Graff - 195-197 Point of View Research I'd Like to Read
by Bernard Winograd
January 1999, Volume 5, Issue 1
- 1-22 Using Capital Markets' Value Cycles in Allocating to Real Estate vs. Stocks or Bonds
by Ronald Kaiser - 23-30 Return Attribution for Commercial Real Estate Investment Management
by Youguo Liang & Robert Hess & David Bradford & Willard McIntosh - 31-45 Optimal Diversification within Mixed-Asset Portfolios using a Conditional Heteroskedasticity Approach: Evidence from the U.S. and the U.K
by Michael Giliberto & Foort Hamelink & Martin Hoesli & Bryan MacGregor - 47-58 Price Causality between Adjacent Housing Markets within a Metropolitan Area: A Case Study
by Ling He & Robert Winder - 59-69 An Examination of the Inflation Hedging Ability of Irish Real Estate
by Simon Stevenson & Louis Murray - 71-81 Price Indexes for Commercial and Office Properties: An Application of the Assessed Value Method
by Donald Jud & Daniel Winkler - 83-94 An Optimal Control Approach to Market Timing in the Singapore Property Market
by Teck Chin & Geofrey Mills - 95-104 Characteristics of a Full-Disclosure, Transaction-Based Index of Commercial Real Estate
by David Downs & Barrett Slade
January 1998, Volume 4, Issue 2
- 83-91 The Effect of International Real Estate Securities on Portfolio Diversification
by Jacques Gordon & Todd Canter & James Webb - 93-105 Geographic Diversification and Economic Fundamentals in Apartment Markets: A Demand Perspective
by Ping Cheng & Roy Black - 107-112 The Relationship between Size and Return for Foreign Real Estate Investments
by Mitchell Conover & Swint Friday & Shelly Howton - 113-123 A Real Estate Portfolio Strategy for Europe: A Review of the Options
by Éamonn D'Arcy & Stephen Lee - 125-133 Employment Growth and Real Estate Return: Are They Linked?
by Youguo Liang & Willard McIntosh - 135-147 Leverage and Real Estate Investment in Mixed-Asset Portfolios
by James Boyd & Alan Ziobrowski & Brigitte Ziobrowski & Ping Cheng - 149-157 REIT Size and Earnings Growth: Is Bigger Better, or a New Challenge?
by Glenn Mueller - 159-168 A Downside-Risk Approach to Real Estate Portfolio Structuring
by Petros Sivitanides - 169-172 The Real Estate Portfolio Manager: DIPs, SIPs and REITs
by Jacques Gordon
January 1998, Volume 4, Issue 1
- 1-16 The Impact of Seasonality on Investment Statistics Derived from Quarterly Returns
by Richard Graff - 17-33 Alternative Total Return Series for Direct Real Estate Investment
by Terry Grissom & James DeLisle - 35-41 Real Estate Portfolio Risk Reduction through Intracity Diversification
by Marvin Wolverton & Ping Cheng & William Hardin - 43-53 Commingled Real Estate Fund Trading: The Emergence of a Formalized Secondary Trading Market
by Frank Petkunas & Glenn Mueller - 55-67 The Inflation-Hedging Characteristics of Real and Financial Assets in Hong Kong
by S. Ganesan & Y. Chiang - 69-78 REIT Style and Performance
by Youguo Liang & Willard McIntosh - 79-81 Information and Real Estate Markets
by Marc Louargand
January 1997, Volume 3, Issue 2
- 79-85 Issues in Measuring Performance of Commingled Real Estate Funds
by Neil Myer & James Webb & Ling He - 87-96 International Real Estate: A Review of Strategic Investment Issues
by Elaine Worzala & Graeme Newell - 97-105 The Components of Property Fund Performance
by Stephen Lee - 107-115 Higher Real Estate Risk and Mixed-Asset Portfolio Performance
by Brigitte Ziobrowski & Alan Ziobrowski - 117-128 Intrametropolitan Spatial Diversification
by Joseph Rabianski & Ping Cheng - 129-140 Reducing the Dispersion of Returns in U.K. Real Estate Portfolios
by Gerald Brown - 141-144 Raise the Bar—The Message of Real Estate
by Steven Laposa
January 1997, Volume 3, Issue 1
- 1-18 The Coming Downsizing of Real Estate: Implications of Technology
by John Baen & Randall Guttery - 19-36 Agency Costs and Inefficiency in Commercial Real Estate
by Richard Graff & James Webb - 37-46 Real Estate Portfolio Analysis under Conditions of Non-Normality: The Case of NCREIF
by Peter Byrne & Stephen Lee - 47-56 Real Estate Asset Allocation and the Decisionmaking Framework Used by Pension Fund Managers
by Elaine Worzala & Vickie Bajtelsmit - 57-73 Long-Term Portfolio Returns from Timber and Financial Assets
by Thomas Thomson - 75-77 Real Estate Portfolio Benchmarking
by Will McIntosh
January 1996, Volume 2, Issue 2
- 63-73 Optimal Portfolio Allocations to Real Estate
by Gerald Brown & Edward Schuck - 95-106 The Use of MPT for Real Estate Portfolios in an Uncertain World
by Richard Gold - 107-118 Diversification Potential from Real Estate Companies in Emerging Capital Markets
by Christopher Barry & Mauricio Rodriguez & Joseph Lipscomb - 119-125 Management Style and Asset Allocation in Real Estate Portfolios
by James Webb & Neil Myer - 127-140 Property-Type Diversification in Real Estate Portfolios: Multi-Period Return Measures vs Single-Period Return Measures
by Petros Sivitanides - 141-158 Property Investment in Hong Kong
by Y. Chiang & S. Ganesan - 159-168 Economic Fundamentals and the Performance of Warehouse Property in Large U.S. Metropolitan Areas
by Emil Malizia - 169-174 Capital Expenditures: Be Careful How You Count
by Michael Young
January 1996, Volume 2, Issue 1
- 1-17 Real Estate Market Cycles, Transformation Forces and Structural Change
by Stephen Roulac - 19-30 Real Estate Portfolio Diversification and Performance of the Twenty Largest MSAs
by John Williams - 31-39 A Re-Examination of Real Estate Investment Decisionmaking Practices
by Edward Farragher & Robert Kleiman - 41-53 Hedging REIT Returns Using the Futures Markets
by Pete Oppenheimer - 55-61 The Hedged REIT Index and Mixed-Asset Portfolios
by Youguo Liang & James Webb - 75-89 Mainland Chinese Investment in Hong Kong Real Estate
by E. Hastings & Ling Hin Li - 91-93 Can You Mix Private Market and Public Market Real Estate in Your Portfolio?
by Glenn Mueller