As international property investors increasingly understand and appreciate the benefits of diversification and look to achieve higher returns, cross-border real estate investment has increased. In this context, the issue of the country risk premium is crucial as these types of investments...

The commercial mortgage-backed securities (CMBS) market has vastly evolved over the last decade, but it remains a very private and proprietary market in comparison to other bond markets such as corporate or municipal bonds. The formation of CMBS data source providers such as Trepp and Intex in...

Many Real Estate investment firms are looking to the world's emerging economies in their real estate investment strategies to seek optimal returns in opaque or inefficient markets. Although these investments carry increased political, regulatory and currency risk, cross-border real estate...

This paper examines the investment potential for Turkish Residential Real Estate Market, focusing mainly on Istanbul. With a stable economy since 2002, dynamic population, geo-political location and the potential accession to EU, Turkey provides exciting opportunities to local and international...

Commercial real estate is an important asset class but it does not yet have a well-developed derivatives market in the United States. A derivative is a contract that derives its value from an underlying index or asset. Examples of the most well-known derivatives that have been widely used and...

This paper is an investigation into the relationship between real estate capitalization rates and income growth. The paper includes a cross-sectional analysis of approximately 25 markets in the United States. The paper analyzes apartment and office markets separately, for two different periods...

It has been expected that the option valuation theory will play a much more significant role in the real estate analysis. However, potentially because of the need for understanding the advanced financial theories, the real options analysis has not been fully used in the real world. In order to...

The study takes a quantitative approach to test the determinants of commercial mortgage loan pricing at origination. The determinants include capital market risk, property market risks, mortgage terms and property characteristics. Taken into consideration of the endogenous factor between loan...

Congress has not yet approved regulatory reform in the Mexican energy sector. In fact, the debate is deadlocked, with many political actors disagreeing on even the most basic principles that ought to guide future investments in energy. The disagreement persists even as the structure of the...

Reliable provision of clean and safe drinking water is critical for public health, economic stability and growth in the United States. Due to a combination of financial, regulatory and operational challenges, however, it is becoming increasingly difficult for publicly owned and operated water...