aggregate REIT returns and, simultaneously, the effects of industry-level REIT returns on subsequent REIT mutual fund flows. The … dynamic relation between REIT capital flows and returns is estimated using vector autoregression (VAR) techniques. Unlike … and significantly related to prior returns, while prior REIT mutual fund flows do not significantly influence REIT returns …

associated with greater shares of fund inflows for a period. Returns, however, are negatively associated with increased fund … market conditions, but departing from typical mutual fund performance, real estate mutual fund returns generally exceed … relevant benchmarks on a before expenses basis and match benchmark returns after expenses. The ability to meet and exceed …

2009. The number of commercial appraisers (i.e., certified general appraisers) and the number of commercial property …

uniform across REIT sectors and seems to become more common as the level of competition in the underlying property sector … performance of 147 REITs from seven different property sectors over the period 1991–2009. Our findings suggest that the existing …

two opposing forces where buyer and seller interests might be compromised. The link between dual agency and timing of …

information from neighboring property transactions. Weaker spatial dependence is expected when price information in the immediate … vicinity of a subject property is abundant. In the context of apartment buildings, in addition to the more commonly known …