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430 full-text articles. Page 1 of 11.

Determining The Price Of Real Estate In The Nacogdoches Area, Katelyn Windham, Kayla Burns, Priscilla Soto, Grant Bailey 2014 Stephen F. Austin State University

Determining The Price Of Real Estate In The Nacogdoches Area, Katelyn Windham, Kayla Burns, Priscilla Soto, Grant Bailey

Undergraduate Research Conference

No abstract provided.


Urban Economics Of The Ideal City, William Taylor Brantley 2014 University of Tennessee, Knoxville

Urban Economics Of The Ideal City, William Taylor Brantley

Masters Theses

Infrastructure influences both depictions of the ideal city and economic models predicting urban growth. As the common variable, infrastructure investments could promote ideal city values within free market economies.

To preserve the countryside and natural lands infrastructure investments must encourage concentrated growth in cities. The city and countryside are codependent. An abstraction between the two zones will lead to the demise of both the city and the countryside. New urban infrastructure should relate to public spaces creating economic, cultural, and social value in dense development. This value is achieved by generating a multiplicity of connections, program, and places within the ...


Front Cover, Cornell Real Estate Review Editorial Board 2014 Cornell University School of Hotel Administration

Front Cover, Cornell Real Estate Review Editorial Board

Cornell Real Estate Review

No abstract provided.


Table Of Contents, Cornell Real Estate Review Editorial Board 2014 Cornell University School of Hotel Administration

Table Of Contents, Cornell Real Estate Review Editorial Board

Cornell Real Estate Review

No abstract provided.


Foreword, David L. Funk 2014 Cornell University School of Hotel Administration

Foreword, David L. Funk

Cornell Real Estate Review

[Excerpt] Welcome to the 2014 edition of the Cornell Real Estate Review (CRER), a publication that features practical, applied research interspersed with commercial real estate cases and industry awards relied upon by our readers.


Letter From The Editors, Ryan Bandy, Evan Doran 2014 Cornell University School of Hotel Administration

Letter From The Editors, Ryan Bandy, Evan Doran

Cornell Real Estate Review

[Excerpt] We are honored to present the 12th Volume of the Cornell Real Estate Review (CRER), a student edited and managed publication with oversight from faculty in the Baker Program in Real Estate at Cornell University. A continuation of the tradition of thought leadership in real estate, the CRER strives to promote practical learning and to introduce readers to new concepts and practices. As editors, it is our duty to marry scholarly discourse with professional applicability and to create a publication that reflects the values of the Baker Program.


Between We Buy Houses And We Buy Wholesale, Cori R. Harvey 2014 Cornell University School of Hotel Administration

Between We Buy Houses And We Buy Wholesale, Cori R. Harvey

Cornell Real Estate Review

The distressed residential real estate market has always depended upon the innovations of private, micro investors to reorganize the housing market and redistribute distressed properties for the benefit of homeowners, home buyers, and lenders alike. This Article asks whether recent trends in residential distressed real estate investing have created a new niche for operationally-sophisticated, yet small and nimble, private investors.


The Value Of Flexibility: A Finance Application Of Options To Real Estate, Hamid Pezeshkian, Sina Lashgari, Duane Stiller 2014 Cornell University School of Hotel Administration

The Value Of Flexibility: A Finance Application Of Options To Real Estate, Hamid Pezeshkian, Sina Lashgari, Duane Stiller

Cornell Real Estate Review

Real estate is among the most strategic of businesses. Each property class has both independent and linked economic, demographic, and political constituents. Moreover, there are dozens of parties involved that influence the real estate project’s final outcome. At every stage of a given project, the participants learn new information that affects their plan. Developers learn about the market, local government actions, and tenant decisions, while tenants learn about consumers and competitors. The nature of the business requires and rewards flexibility.

This paper focuses on flexibility and its value in real estate dealings. Specifically, it applies the concept of optionality ...


2014 Industry Leader Award: Jorge M. Pérez, Jorge M. Pérez 2014 Cornell University School of Hotel Administration

2014 Industry Leader Award: Jorge M. Pérez, Jorge M. Pérez

Cornell Real Estate Review

[Excerpt] Jorge M. Pérez is the Founder, Chairman and CEO of The Related Group, the largest multi-family real estate development firm in the United States. Under Pérez’s direction, The Related Group has redefined the South Florida landscape. Since its inception in 1979, the firm has steadily built and managed more than 60,000 apartments and condominium residences, becoming Florida’s top multi-family developer and the largest Hispanic-owned business in the United States.


New York City’S Annual Income And Expenses: Statement Filing Requirement – A Land Mine For The Unwary Purchaser Or Owner Of Real Property, Ryan A. McCaffrey, Albert D. Lichy 2014 Cornell University School of Hotel Administration

New York City’S Annual Income And Expenses: Statement Filing Requirement – A Land Mine For The Unwary Purchaser Or Owner Of Real Property, Ryan A. Mccaffrey, Albert D. Lichy

Cornell Real Estate Review

Since 1986, New York City law has required owners of incomeproducing properties in New York City to file an annual income and expense statement, colloquially referred to as an RPIE statement, with the Department of Finance. The general purpose of an RPIE statement is to assist the Department of Finance in assessing the value of income-producing properties.1 To this end, the owners of income-producing properties are required to submit annually a statement that outlines “all income derived from and all expenses attributable to the operation of such property.”2 Despite the draconian penalties for non-compliance - ranging from 3% to ...


Collaborate Or Compete: How Do Landlords Respond To The Rise In Coworking?, Rebecca Green 2014 Cornell University School of Hotel Administration

Collaborate Or Compete: How Do Landlords Respond To The Rise In Coworking?, Rebecca Green

Cornell Real Estate Review

Changes in technology, attitudes toward work, and the new ‘shared economy’ have created an environment in which people have more options for how, when and where to work. Working from home, telecommuting, hoteling, and collaborative workspaces are on the rise nationally. According to 2010 Census data, 4.3% of the 137 million workers in the United States telecommuted compared to 3.7% in 2005.1 Technology has been a major catalyst, helping to disseminate knowledge, increase communication, and allow people more independence and control over their work and life. The ubiquitous ‘coffee shop entrepreneur’ that migrates from their home-based office ...


Using Reits To Invest In Utility Scale Solar Projects, Brian McKinley 2014 Cornell University School of Hotel Administration

Using Reits To Invest In Utility Scale Solar Projects, Brian Mckinley

Cornell Real Estate Review

[Excerpt] Public policy in the form of Renewable Portfolio Standards, rising electricity costs, and a sharp decline in upfront costs for commercial and utility scale solar power projects in recent years have allowed for the rapid growth of new solar power installations, and with them, a new opportunity for real estate investors. In this article we discuss solutions to one challenge in the growth of this asset class, securing a viable public financing structure through the utilization of Real Estate Investment Trusts (REITs) that will allow large scale investment to take place and the cost of capital to fall.


Boca Bay: The Impact Of Insurance Availability On Residential Property Values, H. Shelton Weeks, Steve P. Fraser, J. Howard Finch 2014 Cornell University School of Hotel Administration

Boca Bay: The Impact Of Insurance Availability On Residential Property Values, H. Shelton Weeks, Steve P. Fraser, J. Howard Finch

Cornell Real Estate Review

This case study requires students to determine a method for estimating the valuation impact of the changes in access to flood insurance - specifically, changes in the expense associated with the purchase of insurance in the private market. While these expenses have a high degree of certainty, a unique challenge for students in this case is presented by the lack of comparable market transactions involving properties that have been similarly impacted. Quantifying the change in value requires students to adopt the mindset of informed market participants - individuals aware of the differential in insurance expense and who are considering the purchase of ...


A Burning Question: Does Arson Increase When Local House Prices Decline?, Michael D. Eriksen, James M. Carson 2014 SelectedWorks

A Burning Question: Does Arson Increase When Local House Prices Decline?, Michael D. Eriksen, James M. Carson

Michael D Eriksen

We construct panel data on house prices and the determined cause of 4.6 million individual fires in the United States between 1986 and 2010 to test whether decreases in local housing market prices coincided with increases in arson. Since some insured homeowners may attempt to disguise the actual cause of fire as accidental, we also examine how decreases in local house prices are associated with changes in the total number of fires and the probability of determined causes of accidental fires. For the sample period, our results suggest that declines in local house prices coincided with increases in the ...


City Of Los Angeles Arts District Form-Based Code, Ryan Jupiter Banuelos 2014 California Polytechnic State University

City Of Los Angeles Arts District Form-Based Code, Ryan Jupiter Banuelos

Master's Theses and Project Reports

Los Angeles is experiencing a loss of inventory with Industrial land due to adaptive reuse and property conversion. The primary factors behind the conversions are

inconsistent land use regulations and a strong market

demand for residential property. In an effort to streamline land use regulation,

the city will create a new zoning code. In conjunction with the zoning update,

the purpose of this project will be to develop a form-based code for the Los

Angeles Arts District. The new land use regulation will explore methods to

preserve job producing industrial space and accommodate the growing

residential market in the area ...


The Effects Of Demographics On The Real Estate Market In The United States And China, Henry Li 2014 Pace University

The Effects Of Demographics On The Real Estate Market In The United States And China, Henry Li

Honors College Theses

This paper focuses on the demographic and economic factors that affect the changes in prices of the housing market. The study focuses on the United States housing market after its recent collapse due to the US financial crisis of 2008. It also looks at the Chinese housing market based on the determinants that are observed in the United States. It will also examine the after effects of the One Child Policy enacted in 1979 on the housing prices. The study will look at the current situation with the Chinese housing market and its similarities to the United States housing market ...


Exploring The Neighborhood Preferences Of A Segment Of Millennials In Omaha, Nebraska, Aaron Kloke 2014 University of Nebraska - Lincoln

Exploring The Neighborhood Preferences Of A Segment Of Millennials In Omaha, Nebraska, Aaron Kloke

Community and Regional Planning Program: Professional Projects

In 2010, Millennials, or those between 18 and 34, surpassed the Baby Boomers in population size. Today, Millennials, also known as Generation Y, make up over 25 percent of the United States’ population. In Omaha, they make up 26.9 percent of the population. The next largest generation in Omaha, the Baby Boomers, make for 19.2 percent of the population. Clearly, this emerging demographic has the ability to change the way we create and design our built environment if it so chooses.

To review how this generation may choose to change the way we design our future neighborhoods, national ...


Location, Location, Location, The Impact Of Registered Sex Offenders On Home Sale Prices: A Case Study Of Mclean County, Illinois, John C. Navarro, Cara Rabe-Hemp 2014 Illinois State University

Location, Location, Location, The Impact Of Registered Sex Offenders On Home Sale Prices: A Case Study Of Mclean County, Illinois, John C. Navarro, Cara Rabe-Hemp

Graduate Research - Criminal Justice

Borrowing from the broken windows theory, this paper addresses the impact of sex offenders’ residences on neighborhood’s property values in McLean County, Illinois. Three data sets were combined to explore the relationship: the addresses of registered sex offenders (RSOs) in McLean County, Illinois, the location and property characteristics of homes sold in McLean County between December 2012 to December 2013, and variables from the 2010 U.S. Census. ArcGIS was utilized to create buffers up to 0.2 of a mile around a sold home to measure the concentration of RSOs and sexual predators (SPs) and to calculate the ...


Like, Retweet, Repeat: Social Media's Impact On Real Estate Marketing, Emily Kendall 2014 Liberty University

Like, Retweet, Repeat: Social Media's Impact On Real Estate Marketing, Emily Kendall

Masters Theses

With the advent of Facebook and Twitter, people from all walks of life in all parts of the world have the ability to connect electronically, impersonally, and constantly. Small businesses are just beginning to unlock the power of social media marketing, specifically real estate professionals. Shelly Chaiken created the Heuristic Systematic Model of persuasion, the descendant of the Elaboration Likelihood Model. This study applies the tenets of Chaiken's HSM to the methods of persuasion employed by real estate agents via Facebook and Twitter. Fifty participants were surveyed by the researcher in order to gauge their activity, interest level, and ...


Commonality In Liquidity And Real Estate Securities, Anjeza Kadilli 2014 SelectedWorks

Commonality In Liquidity And Real Estate Securities, Anjeza Kadilli

Anjeza Kadilli

We conduct an empirical investigation of the pricing and economic sources of commonality in liquidity in the U.S. REIT market. Taking advantage of the specific characteristics of REITs, we analyze three types of commonality in liquidity: within-asset commonality, cross-asset commonality (with the stock market), and commonality with the underlying property market. We find evidence that the three types of commonality in liquidity are priced in REIT returns but only during bad market conditions. We also find that using a linear approach, rather than a conditional, would have underestimated the role of commonality in liquidity risk. This explains (at least ...


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