The integration of the real estate market and the stock market: some preliminary evidence

CH Liu, DJ Hartzell, W Greig, TV Grissom - The Journal of Real Estate …, 1990 - Springer
The current study investigates whether the commercial real estate market is segmented from
the stock market using the framework of Jorion and Schwartz (1986). Evidence is found to …

An approach to industrial real estate market segmentation and valuation using the arbitrage pricing paradigm

TV Grissom, D Hartzell, CH Liu - Real Estate Economics, 1987 - Wiley Online Library
This paper investigates whether a segmented market exists for industrial real estate with
respect to risk and return characteristics. Given the existence of industrial market segmentation, …

The impact of rental properties on the value of single-family residences

K Wang, TV Grissom, JR Webb, L Spellman - Journal of Urban Economics, 1991 - Elsevier
This study examines the effects that single-family rental properties in a residential neighborhood
have on the value of single-family residences in that area. The analysis blends real …

The big data regime shift in real estate

JR DeLisle, B Never, TV Grissom - Journal of Property Investment & …, 2020 - emerald.com
… events are hard to predict, analytics based on a big data approach can help identify
patterns, as well quantifying the impacts such activities have had on real estate markets (Grissom

The composition of the market portfolio and real estate investment performance

CH Liu, DJ Hartzell, TV Grissom… - Real Estate …, 1990 - Wiley Online Library
This study investigates whether the composition of the market portfolio leads to different
inferences on real estate performance. As a point of departure, this paper first explores whether …

An empirical analysis of simplified valuation approaches for residential property tax purposes

P Davis, W McCluskey, TV Grissom… - Property …, 2012 - emerald.com
Purpose – This paper seeks to examine the potential for simplified market value and non
market value based banded approaches to be utilised for residential property tax purposes. …

The impact of market imperfections on real estate returns and optimal investor portfolios

CH Liu, TV Grissom, DJ Hartzell - Real Estate Economics, 1990 - Wiley Online Library
This study investigates the consequences of several imperfections associated with real
estate markets on pricing and optimal investor portfolios from a CAPM context. CAPM …

The role of co-skewness in the pricing of real estate

CH Liu, DJ Hartzell, TV Grissom - The Journal of Real Estate Finance and …, 1992 - Springer
The current study investigates whether systematic skewness offers an alternative perspective
as to why the risk-adjusted returns on real estate should be similar to that for stocks. This is …

Superior real estate investment performance: enigma or illusion? A critical review of the literature

CH Liu, TV Grissom, DJ Hartzell - Alternative Ideas in Real Estate …, 1995 - Springer
The purpose of this paper is to critique the existing empirical evidence on the investment
performance of real estate relative to alternative asset categories. The key issue which guides …

Economics of development strategies utilising option and portfolio analytics

TV Grissom, JN Berry, L Cheng J. Lim - Journal of European Real …, 2010 - emerald.com
Purpose – The purpose of this paper is to integrate land use and option pricing theories
using case study analyses to compare a portfolio of uses comprising single and mixed‐use …