Information frictions in real estate markets: recent evidence and issues

D Broxterman, T Zhou - The Journal of Real Estate Finance and …, 2023 - Springer
This article reviews research on the economics of information in real estate. It covers equity
investment in private and public markets and intermediation by brokers. The review shows …

Innovation, SMEs and the liability of distance: the demand and supply of bank funding in UK peripheral regions

N Lee, R Brown - Journal of Economic Geography, 2017 - academic.oup.com
This article considers geographical variations in the demand and supply of bank finance for
innovative firms in the UK. It uses a detailed survey on the finances of almost 40,000 UK …

Geographic diversification in real estate investment trusts

Z Feng, M Pattanapanchai, SMK Price… - Real Estate …, 2021 - Wiley Online Library
Whether geographic diversification within property portfolios is ideal remains an open
question, with most studies finding either a diversification discount or no evidence of …

Search costs, behavioral biases, and information intermediary effects

DC Ling, A Naranjo, MT Petrova - The Journal of Real Estate Finance and …, 2018 - Springer
In many markets, buyers, sellers, and their agents have differential information about the
quality of heterogeneous assets. We study negotiated transaction prices in the commercial …

Size effects and economies of scale in European real estate companies

BW Ambrose, F Fuerst, N Mansley, Z Wang - Global Finance Journal, 2019 - Elsevier
This study investigates scale economies in European real estate companies. We examine
the effects of size on revenue, expense, profitability ratios and capital costs using panel data …

How gender diversity shapes cities: Evidence from risk management decisions in REITs

A Devine, I Jolin, N Kok, E Yönder - Journal of Business Ethics, 2024 - Springer
In this paper, we study the impact of CEO and board gender diversity on the risk
management decisions of 179 US Real Estate Investment Trusts (REITs) during the 2001 …

Do 'foreigners' pay more? The effects of investor type and nationality on office transaction prices in New York City

S Devaney, D Scofield - Journal of Property Research, 2017 - Taylor & Francis
Are commercial real estate prices in metropolitan New York affected by the type or
nationality of the investors involved in a transaction? Previous research has highlighted …

Corporate diversification and the cost of debt: evidence from REIT bank loans and mortgages

I Demirci, P Eichholtz, E Yönder - The Journal of Real Estate Finance and …, 2020 - Springer
This paper investigates whether corporate diversification by property type and by geography
reduces the costs of debt capital. It employs asset-level information on the portfolios of US …

Research on property service mode innovation in the context of transformation and upgrading

L Liu, W Zuo, Q Hu, L Zeng - International Journal of Strategic …, 2022 - journals.vilniustech.lt
Property service mode innovation is the basic means of property service enterprise
management. Discussing the property service mode in terms of transformation and …

Diversification and cost of public debt for REITs: evidence from the US

I Ibrahim, H Falkenbach - Journal of Real Estate Portfolio …, 2024 - Taylor & Francis
This paper investigates the impact of property type and geographical diversification on the
cost of public debt for US real estate investment trusts (REITs). We measure diversification …