Alcock, Jamie; Steiner, Eva; Tan, Kelvin - In: The Journal of Real Estate Finance and Economics 48 (2014) 1, pp. 57-78
We explore the interdependence of leverage and debt maturity choices in Real Estate Investment Trusts (REITs) and unregulated listed real estate investment companies in the U.S. for the period 1973-2011. We find that the leverage and maturity choices of all listed real estate firms are...