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...

This paper examines why and how publicly-traded home builders might use index-based residential property derivatives to manage risk. After describing a number of alternative reasons for hedging, I argue for a paradigm for risk management proposed by Kenneth Froot, David Scharfstein and Jeremy...

In its Global Economics Paper Nc.134, the Goldman Sachs Economics Group highlights the West African country of Nigeria as having the potential to be among the next generation of emerging markets around the world the next eleven (N-11) - after their much publicized BRIC countries: Brazil, Russia,...

This thesis examines foreclosure sales of single-family homes in eight communities in the Boston Metro area and the price appreciation from purchase of a foreclosed property through to a subsequent fair market, arms-length sale. The post foreclosure sale price appreciation of the foreclosed...

This paper examines a second home market near Heavenly Ski Resort in South Lake Tahoe, CA to understand historical pricing behaviors and to forecast future prices using an econometric model derived from economic, demographic, and climate data. In order to do this study, we gathered historical...

In an attempt to determine what business and regulatory factors are required for the successful establishment of a Real Estate Investment Trust (REIT) structure in the Philippines, we analyzed the macro and microeconomic factors affecting the Philippines property market. The proposed law...

Real estate investment is becoming increasingly international. Deregulation and integration of global capital markets, growth of emerging market economies, demographic trends in developed economies, and geopolitical and sociocultural changes the world over are presenting opportunities for...

Market forces continually change the landscape of the real estate private equity ("REPE") industry. In the current market, robust capital raising and the emergence of new funds in REPE suggest increasing competition to place capital while the credit crisis has marked the end of an era for cheap...

The intent of this thesis is to identify the demand drivers for ten retail sub-categories in the US and develop an understanding of how to best use this information to make better retail real estate investment decisions. This cross sectional study analyzes sales per population, establishment per...