Readings

Required Materials
  1. Text
    Geltner, D., and N. Miller. "Commercial Real Estate Analysis & Investments." Cincinnati: South-Western College Publishing Co., 2001.
  2. Reading Packet
    A supplemental reading packet may be purchased from Graphic Arts.
  3. Cases
    TBA
Articles in Reading Packet

Ciochetti, B., and J. Shilling. "Pension Plan Real Estate Investment in an Asset/Liability Framework." University of North Carolina Working Paper (1999).

Ciochetti, B., and K. Vandell. "The Performance of Commercial Mortgages." Real Estate Economics 27, 1 (Spring 1999): 27-62.

Eichholtz, P. "Does International Diversification Work Better for Real Estate than for Stocks and Bonds?" Financial Analysts Journal 52, 1 (Jan/Feb 1996): 56-62.

Esaki, H. "Commercial Mortgage Defaults: 1972-2000." Real Estate Finance 18, 4 (Winter 2002): 43-52.

Geltner, D. "Estimating Market Values from Appraised Values Without Assuming an Efficient Market." Journal of Real Estate Research 8, 3 (1993): 325-346.

Geltner, D., and B. Kluger. "REIT-Based Pure Play Portfolios: The Case of Property Types." Real Estate Economics 26, 4 (Winter 1998): 581-612.

Geltner, D., and D. Ling. "Ideal Research & Benchmark Indexes in Private Real Estate: Some Conclusions from the RERI/PREA Technical Report." Real Estate Finance 17, 4 (Winter 2001): 17-28.

Geltner, D., and J. Fisher. "Property-Level Benchmarking of Real Estate Development Investments Using the NCREIF Property Index." Real Estate Finance 19, 1 (Winter 2002): 71-87.

Geltner, D., N. Miller, and J. Snavely. "We Need a Fourth Asset Class: HEITs." Real Estate Finance 12, 2 (Summer 1995): 71-81.

Giliberto, S.M., and A. Mengden. "REITs and Real Estate: Two Markets Reexamined." Real Estate Finance 13, 1 (Spring 1996): 56-60.

Ling, D., and A. Naranjo. "The Fundamental Determinants of Commercial Real Estate Returns." Real Estate Finance 14, 4 (Winter 1998): 13-24.

Linneman, P. "Forces Changing the Real Estate Industry Forever." Wharton Real Estate Review (Spring 1997).