Location density, systematic risk, and cap rates: Evidence from REITs

G Fisher, E Steiner, S Titman… - Real Estate …, 2022 - Wiley Online Library
A property's location is often considered to be the ultimate determinant of its investment
performance. But how exactly does a property's location influence its risk and return? We …

The other (commercial) real estate boom and bust: the effects of risk premia and regulatory capital arbitrage

JV Duca, DC Ling - Journal of Banking & Finance, 2020 - Elsevier
In the 2000 s, US commercial real estate (CRE) prices experienced a boom and bust as
dramatic as the more widely analyzed swings in house prices and contributed significantly to …

[HTML][HTML] Using real estate market fundamentals to determine the correct discount rate for decentralised energy investments

N Leskinen, J Vimpari, S Junnila - Sustainable Cities and Society, 2020 - Elsevier
Decentralised renewable energy production (on-site energy) is potentially more profitable
than commonly believed, especially in urban areas characterized with well-functioning real …

Capitalisation rates for commercial real estate investments: evidence from Australia

WW Wong, K Mintah, K Baako… - Journal of Property …, 2023 - emerald.com
Purpose The paper is motivated by the paucity of empirical research on the determinants of
capitalisation rates/yield in the commercial property market. Compared to property price …

What determined the great cap rate compression of 2000–2007, and the dramatic reversal during the 2008–2009 financial crisis?

S Chervachidze, W Wheaton - The Journal of Real Estate Finance and …, 2013 - Springer
In this paper we revisit the many studies that have attempted to explain the determinants of
commercial real estate capitalization rates. We introduce two new innovations. First we are …

More than words can say: a multimodal approach to understanding meaning and sentiment in social media

MI Mehmet, S D'Alessandro - Journal of Marketing Management, 2022 - Taylor & Francis
The authors develop a multimodal social listening analysis (MSLA) approach as a
framework for managers to understand how meaning is constructed in social media posts …

Online information search, market fundamentals and apartment real estate

P Das, A Ziobrowski, NE Coulson - The journal of real estate finance and …, 2015 - Springer
We examine the association between online apartment rental searches and fundamental
real estate market variables namely, vacancy rates, rental rates and real estate asset price …

Money supply, opinion dispersion, and stock prices

S Hirota - Journal of Economic Behavior & Organization, 2023 - Elsevier
This study develops a simple model that shows how money matters in the determination of
stock prices. When investors have different opinions on the stock's value and face market …

Do foreign buyers compress office real estate cap rates?

P McAllister, A Nanda - Journal of Real Estate Research, 2016 - Taylor & Francis
We investigate the relation between the activity of foreign investors and capitalization rates
in major European office markets. We provide a comprehensive analysis of the determinants …

[PDF][PDF] Does foreign investment affect US office real estate prices?

P McAllister, A Nanda - The Journal of Portfolio Management, 2015 - reri.org
This study examines the impact of foreign real estate investment on the US office market
capitalization rates. The geographic unit of analysis is MSA and the time period is 2001 …