This article examines the risk-adjusted, net-of-fee performance of noncore funds and
generally finds that investors would have been better served by merely placing additional …

Real estate strategies broadly fall into three categories: core, value‐added and
opportunistic. This empirical examination of net returns from these three strategies indicates …

In this introductory article, the editors of this issue examine the impact of the credit crisis on
commercial and multifamily real estate and provide a post-crisis, evolutionary view of real …

The motivations created by the use of incentive fees (or promoted interests) in private equity
(real estate or otherwise) are examined through the lens of traditional principal/agent …

Real Estate Comes of Age Page 1 IT IS ILLEGAL TO REPRODUCE THIS ARTICLE IN ANY
FORMAT SPECIAL ISSUE 2007 THE JOURNAL OF PORTFOLIO MANAGEMENT 15 It has …

The purpose of the study was to investigate the factors affecting real estate finance supply. It
was important to verify the reasons why housing finance are not being supplied by the …