A New Method to Estimate Risk and Return of Commercial Real Estate Assets from Cash Flows

Autor:	Jin Man Lee, James D. Shilling, Charles Wurtzebach
Rok vydání:	2019
Předmět:	Finance business.industry Economics Econometrics and Finance (miscellaneous) Risk–return spectrum Real estate Urban Studies Core (game theory) Private equity Business Management and Accounting (miscellaneous) Position (finance) Cash flow business Investment performance
Zdroj:	Journal of Real Estate Research. 41:183-218
ISSN:	2691-1175 0896-5803
Popis:	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...
Databáze:	OpenAIRE
Externí odkaz:	https://explore.openaire.eu/search/publication?articleId=doi_________::e19f68f1d306de0d462bb376e558cf63 https://doi.org/10.1080/10835547.2019.12091524 Zobrazit plný text záznamu