The study investigates the impact of financial distress (credit spread) and liquidity crises (TED spread) on size … to establish the long/short-run impact of financial distress and liquidity crisis on these premiums during recessionary … liquidity crisis. On the other hand, size, value and investment premiums rise with financial distress/liquidity crisis, only …

The real estate investment trust (REIT) industry experienced a liquidity crisis resulting from reduced access to credit … autoregressive conditional heteroscedasticity (GARCH) models we examine the impact of the liquidity crisis and investor sentiment on … REIT returns and volatility over the sample period from December 2001 to February 2013. We find that the liquidity crisis …

The study investigates the impact of financial distress (credit spread) and liquidity crises (TED spread) on size … to establish the long/short-run impact of financial distress and liquidity crisis on these premiums during recessionary … liquidity crisis. On the other hand, size, value and investment premiums rise with financial distress/liquidity crisis, only …

We examine the relation between firm value and liquidity among REITs. Results show shareholders benefit from both cash …, unused credit lines are significantly less valued than cash. Evidence suggests an increase in the market value of liquidity …

properties. In this research I examine how tenant quality affects REIT firm liquidity management (i.e. cash holdings and … utilization of line of credit). I find that 1) tenant Altman Z-score and size are inversely related to total liquidity (cash plus … liquidity and unused credit lines of REIT firms, but has no affect on REIT cash holdings; 3) tenant credit ratings are …

properties. In this research, I examine the effects of tenant quality on REIT firm liquidity management (i.e. cash holdings and … utilization of line of credit). I find that 1) tenant Altman Z-score and size are inversely related to total liquidity (cash plus … liquidity and unused credit lines of REIT firms, but has no effects on REIT cash holdings; 3) tenant credit ratings are …

In this study, we examine the distribution of market liquidity for a broad sample of Real Estate Investment Trusts … (REITs). While prior research has focused on the average liquidity of REITs, we extend our analysis to include both the … variability and skewness of liquidity, both of which have important implications. In extreme cases, excess variability in …