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Full-Text Articles in Social and Behavioral Sciences

What Is A Strategic Acquisition? Decision Modeling In Support Of Foreclosed Housing Redevelopment, Michael P. Johnson Jr., Rachel B. Drew, Jeffrey Keisler, David Turcotte Aug 2012

What Is A Strategic Acquisition? Decision Modeling In Support Of Foreclosed Housing Redevelopment, Michael P. Johnson Jr., Rachel B. Drew, Jeffrey Keisler, David Turcotte

Michael P. Johnson

This paper describes and develops a model for calculating location-based strategic values of foreclosed properties considered for acquisition and redevelopment by community development corporations (CDCs). A property’s strategic value refers to its proximity to site-specific neighborhood amenities and disamenities (e.g. schools, public transit, distressed properties), given the relative importance of that proximity to CDC organizational and community objectives. We operationalize the concept of strategic value, and apply this concept to a salient public sector decision problem. Using data and value assessments from a CDC engaged in foreclosed housing redevelopment, we compute measures of strategic value for a set of acquisition …


Project Website: Decision Models For Foreclosed Housing Acquisition And Redevelopment, Michael Johnson, Senay Solak, David Turcotte, Jeffrey Keisler, Rachel Drew, Armagan Bayram, Emily Vidrine Dec 2011

Project Website: Decision Models For Foreclosed Housing Acquisition And Redevelopment, Michael Johnson, Senay Solak, David Turcotte, Jeffrey Keisler, Rachel Drew, Armagan Bayram, Emily Vidrine

Michael P. Johnson

No abstract provided.