This paper documents twenty years of performance of commercial real estate in the U.S. us

This paper documents twenty years of performance of commercial real estate in the U.S. using a portfolio of properties that comprise the widely followed NCREIF Property Index (NPI). We develop an extension of the repeated-measures regression (RMR) to produce an improved version of the NCREIF...

This paper describes the engineering of a set of indexes for tracking same property realized price appreciation in the U.S. commercial real estate asset market, based on the transactions database of Real Capital Analytics, Inc (RCA). The set of regression-based, repeat-sales indexes developed so...

"The purpose of this paper is to describe and hone a methodology by which a quarterly transactions-based index of property-level investment performance could be regularly produced for the U.S. institutional real estate investment industry. The objective is to produce a series of indices of...

ERES:conference

ERES:conference