This study investigates investor sentiment as an explanation for the variation in real estate
market liquidity by accounting for liquidity regimes, different liquidity measures, and investor …

The SEC requires publicly traded REITs to discuss commercial real estate market conditions
in their financial statements in order to provide REIT investors with decision-relevant …

Each week, thousands of newspaper articles on real estate topics are read by market
participants. While the market is comparatively intransparent, readers hope to find valuable …

This study examines the pricing of tenant credit risk utilizing variation in cap rates for single-
tenant net lease (STNL) properties. Despite an abundant literature on micro-and …

This study fills a void in the literature by examining real estate capitalization rates for single-
tenant net lease (STNL) properties. First, we examine cap rate variation in relation to market …

This study uses bivariate dynamic conditional correlations (DCC) to analyze REITs' relation
with stock and bond markets from 1999 to 2018. The results show that the daily DCCs of …

We investigate the impact of governmental restrictions on the short-term risk perception, as
proxied by the going-in cap rate, of investors in regional and neighborhood shopping …

This paper examines the relationship between market participants' sentiment regarding
distress in the real estate market, captured through internet search queries, and the US …

Recent research has shown that macroeconomic uncertainty is a significant factor that is
contemporaneously incorporated into asset returns. Therefore, it should not have a role in …

This article investigates the informational role of trading volume and the impact of
transaction costs on trading volume and the return dynamics in public and private markets …