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Full-Text Articles in Real Estate
Revitalizing The Street Of Dreams: A North 24th Street Case Study, Tiffany Hunter
Revitalizing The Street Of Dreams: A North 24th Street Case Study, Tiffany Hunter
Theses/Capstones/Creative Projects
The purpose of this study is to analyze the North 24th Street corridor in Omaha, Nebraska, to highlight the benefits of investing in commercial real estate development, propose tools for financing new development or redevelopment projects, and to suggest methods of building a coherent development plan to avoid gentrification. Commercial development provides the following: quality business space, accessible jobs for an underemployed populace, additional tax revenue, and a reduction in community detriments such as crime, empty lots, and low property values. The North 24th Street corridor has economic potential, as it is less than one mile from downtown …
Reconciling The Characteristics Vs. Factors Models For Explaining Stock Returns, Brian C. Payne Lt Col, Jeffery Scott Bredthauer
Reconciling The Characteristics Vs. Factors Models For Explaining Stock Returns, Brian C. Payne Lt Col, Jeffery Scott Bredthauer
Finance, Banking and Real Estate Faculty Publications
Daniel and Titman (DT) (1997) disclaim the Fama-French three factor model in favor of a firm characteristics based model to explain stock returns. Davis, Fama, and French (2000) find this characteristics-based model outperforms their model only for the 20.5 year time period from July 1973-December 1993, but the three factor model is robust for the 68-year period from 1929- 1997. We find the DT period represents a unique macroeconomic environment in that significant interaction effects exist between the default (and term) risk premia innovations and returns. Incorporating these effects into a traditional three-factor model help explain the 1973-1993 “characteristics model …