{"title":"Commercial Mortgage Underwriting and Leveraged Feasibility Analysis","authors":"Andrew Baum, David J. Hartzell","doi":"10.1002/9781444347289.CH9","DOIUrl":"https://doi.org/10.1002/9781444347289.CH9","url":null,"abstract":"","PeriodicalId":117816,"journal":{"name":"Real Estate Investment","volume":"2 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2011-11-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"125634125","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Unlisted Real Estate Funds","authors":"Andrew Baum, David J. Hartzell","doi":"10.1002/9781444347289.CH11","DOIUrl":"https://doi.org/10.1002/9781444347289.CH11","url":null,"abstract":"","PeriodicalId":117816,"journal":{"name":"Real Estate Investment","volume":"19 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2011-11-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128620568","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Performance Measurement and Attribution","authors":"Andrew Baum, David J. Hartzell","doi":"10.1002/9781444347289.CH17","DOIUrl":"https://doi.org/10.1002/9781444347289.CH17","url":null,"abstract":"","PeriodicalId":117816,"journal":{"name":"Real Estate Investment","volume":"33 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2011-11-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130650540","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Market Fundamentals and Rent","authors":"Andrew Baum, David J. Hartzell","doi":"10.1002/9781444347289.CH3","DOIUrl":"https://doi.org/10.1002/9781444347289.CH3","url":null,"abstract":"","PeriodicalId":117816,"journal":{"name":"Real Estate Investment","volume":"93 5 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2011-11-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"132945720","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Real Estate – The Global Asset","authors":"Andrew Baum, David J. Hartzell","doi":"10.1002/9781444347289.CH1","DOIUrl":"https://doi.org/10.1002/9781444347289.CH1","url":null,"abstract":"","PeriodicalId":117816,"journal":{"name":"Real Estate Investment","volume":"146 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2011-11-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130809119","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"International Real Estate Investment: Issues","authors":"Andrew Baum, David J. Hartzell","doi":"10.1002/9781444347289.CH15","DOIUrl":"https://doi.org/10.1002/9781444347289.CH15","url":null,"abstract":"","PeriodicalId":117816,"journal":{"name":"Real Estate Investment","volume":"72 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2011-11-29","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"121833762","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"Seasonality in Australian Residential Real Estate Prices","authors":"Danika Wright, A. Frino, M. Peat","doi":"10.2139/ssrn.1459871","DOIUrl":"https://doi.org/10.2139/ssrn.1459871","url":null,"abstract":"Seasonality has long been documented in the context of equity market returns, but only recently has been tested for in the residential real estate market. This paper argues, in line with the previous research in this area, that no month should, on average, demonstrate superior (or inferior) returns to any other. Using parametric tests and regression analysis this hypothesis is supported for the Australian market. The reason that the belief of a 'better' selling month exists is shown to be a result of the inadequacy of primitive market return measures to account for the heterogeneity of the market.","PeriodicalId":117816,"journal":{"name":"Real Estate Investment","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2009-07-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"128976996","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}
{"title":"First-Sale Bias and Age Effects: Do 'New' Properties Sell at a Premium?","authors":"Danika Wright, A. Frino, M. Peat","doi":"10.2139/ssrn.1254663","DOIUrl":"https://doi.org/10.2139/ssrn.1254663","url":null,"abstract":"In this paper the affect of age on the price of residential property is investigated. A significant premium is observed in the price of newly constructed property. A regression analysis indicates that new houses (units) sell at a premium, relative to an otherwise identical property, of 11% (19%) in Adelaide, and 10% (7%) in Perth. These properties then underperform the market over the period until a subsequent sale of the property. This pattern is consistent with the empirical results on initial equity offering overpricing and subsequent underperformance. Taken together theses' results indicate a nonlinear relationship between the age of a property and its price. This nonlinearity provides a challenge to modellers building pricing models based on standard linear hedonic functions with age as factor.","PeriodicalId":117816,"journal":{"name":"Real Estate Investment","volume":"1 1","pages":"0"},"PeriodicalIF":0.0,"publicationDate":"2008-08-25","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":null,"resultStr":null,"platform":"Semanticscholar","paperid":"130990589","PeriodicalName":null,"FirstCategoryId":null,"ListUrlMain":null,"RegionNum":0,"RegionCategory":"","ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":"","EPubDate":null,"PubModel":null,"JCR":null,"JCRName":null,"Score":null,"Total":0}