Commercial Real Estate: Underwriting, Mortgages, and Prices
نویسندگان
چکیده
منابع مشابه
Do commercial real estate prices have predictive content for GDP?
Using a uniquely compiled database concerning rental prices of commercial real estates, which are property of the largest broker in the Netherlands, we examine if these prices have predictive value for quarterly economic growth. In contrast to related studies, we document that the mean price contains no relevant information, whereas other properties of the price distributions have. We show that...
متن کاملEnvironmental Variables and Real Estate Prices
The aim of this paper is to compare various real estate valuation models and the manner in which they take into account environmental variables. The reference model is taken to be a standard linear regression model including ordinal variables to measure environmental quality. This type of model is widely used. It is first compared to linear models which incorporate environmental quality notes e...
متن کاملReal Estate Prices and Economic Cycles
Studies of the linkages between real estate prices and general economic conditions have an extensive history, beginning with tabulations suggesting the ways in which long swings in construction and price development were synchronized with long swings in aggregate economic activity (Gottlieb, 1976). Recent studies have explored the implications of alternative representations of investor expectat...
متن کاملChallenges of Commercial Real Estate Management: An analysis of the Swedish commercial real estate industry
............................................................................................................................................... 3 Sammanfattning ................................................................................................................................ 4 Foreword ...................................................................................................
متن کاملInvestor Sentiment and Commercial Real Estate Valuation
This paper investigates the role of fundamentals and investor sentiment in commercial real estate valuation. In real estate markets, heterogeneous properties trade in illiquid, highly segmented and informationally inefficient local markets. Moreover, the inability to short sell private real estate restricts the ability of sophisticated traders to enter the market and eliminate mispricing. These...
متن کاملذخیره در منابع من
با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید
ژورنال
عنوان ژورنال: SSRN Electronic Journal
سال: 2012
ISSN: 1556-5068
DOI: 10.2139/ssrn.2024176