Zobrazeno 1 - 10
of 116
pro vyhledávání: '"James D. Shilling"'
Publikováno v:
The Journal of Real Estate Finance and Economics. 62:319-341
In early August 2005, a subset of investors in 14 of the 25 districts of Seoul were paying taxes on housing capital gains based on increases in market values since purchase, but in the other 11 districts the gains were based on increases in assessed
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::4cba4e326c3ad3c45461536426be124e
https://doi.org/10.1007/s11146-019-09739-3
https://doi.org/10.1007/s11146-019-09739-3
Publikováno v:
Journal of Real Estate Research. 41:183-218
We estimate the abnormal performance of real estate assets from cash flows to strengthen the position that open-end core real estate funds earn high (albeit levered) returns. We propose th...
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::e19f68f1d306de0d462bb376e558cf63
https://doi.org/10.1080/10835547.2019.12091524
https://doi.org/10.1080/10835547.2019.12091524
Autor:
Charles Wurtzebach, James D. Shilling
Publikováno v:
Journal of Real Estate Portfolio Management. 25:1-23
Executive Summary. Our analysis of long-term trends points to the outperformance of listed REIT stocks and private equity real estate opportunistic funds compared to more traditional asset. To expl...
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::ee3df76eefe4d479aae37e2d08034120
https://doi.org/10.1080/10835547.2019.12090021
https://doi.org/10.1080/10835547.2019.12090021
Publikováno v:
The Journal of Real Estate Finance and Economics. 59:391-418
We find that shares of real estate limited partnerships sell at substantial discounts to net asset values (NAV) and these discounts are influenced by factors associated with agency costs and unrealized gains. Our study builds on previous work by Barb
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::d55518751affb89560e9cdee3d0e99a1
https://doi.org/10.1007/s11146-018-9681-0
https://doi.org/10.1007/s11146-018-9681-0
Publikováno v:
The Journal of Real Estate Finance and Economics. 59:372-390
Option pricing theory predicts that capital improvement expenditures are positively linked with high or increasing market lease rates. Ceteris paribus, when the market lease rate is high, or when there is an expectation of higher lease rates in the f
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::6bc86a0859581d99c0bbde7a78c72e61
https://doi.org/10.1007/s11146-018-9680-1
https://doi.org/10.1007/s11146-018-9680-1
Publikováno v:
Journal of Financial Services Research. 57:1-28
This study examines two questions relating to the banking market structure. First, does the banking market structure influence banks’ decisions to originate new single-family home mortgages? Second, does the banking market concentration affect mort
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::3fda087c20400ee75818ea0ad08c11fa
https://doi.org/10.1007/s10693-018-0300-2
https://doi.org/10.1007/s10693-018-0300-2
Publikováno v:
The Journal of Real Estate Finance and Economics. 54:297-337
This study is based on survey data on investor expectations for 40 metropolitan statistical areas (MSAs) in the US over the period from 2003:Q2 to 2014:Q2. The paper has two main objectives. These are firstly to identify whether expected rates of ret
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::baea0777b06909df48d08854f5edfa85
https://doi.org/10.1007/s11146-016-9581-0
https://doi.org/10.1007/s11146-016-9581-0
Publikováno v:
Real Estate Economics. 45:452-477
This article sheds light on several puzzling empirical observations. We examine the volatility implications of equity Real Estate Investment Trust (REIT) stock returns over the sample period from January 1985 through October 2012. We find a negative
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::2e101950f369d9cf62392ecee6cb8545
https://doi.org/10.1111/1540-6229.12153
https://doi.org/10.1111/1540-6229.12153
Publikováno v:
Real Estate Economics. 44:968-995
We study the relation between REIT stock volatility and future returns, focusing particularly on the financial crisis period of 2007–2009. There is ongoing debate about whether stock volatility can forecast future returns. Our findings suggest that
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::bb9d11c74e8e09441efdff6116852288
https://doi.org/10.1111/1540-6229.12128
https://doi.org/10.1111/1540-6229.12128
Publikováno v:
Journal of Real Estate Research. 37:471-498
The recent unprecedented house price boom and Great Recession have had unusual and unusually large effects on housing turnover. Nominal house prices plummeted and unemployment surged, causing housi...
Externí odkaz:
https://explore.openaire.eu/search/publication?articleId=doi_________::4f59c9a3a052fd5d706ecc8f3021c60b
https://doi.org/10.1080/10835547.2015.12091426
https://doi.org/10.1080/10835547.2015.12091426