The American Real Estate Society proudly announces the following manuscript prize winners for research papers presented at the American Real Estate Society’s 31th Annual Meeting in Ft. Myers, Florida, April 2015.
Apartments, sponsored by National Multi Housing Council (NMHC): Restricting Private Property Rights & House Prices: Evidence from a Natural Experiment, by Joseph Ooi, National University of Singapore, and Geoffrey K. Turnbull, University of Central Florida.
CoStar Data, sponsored by the CoStar Group: Green Buildings: Similar to Other Premium Buildings?, by Spenser Robinson, Central Michigan University, and Andrew Sanderford, University of Arizona.
Housing, sponsored by the Lucas Institute for Real Estate Development and Finance at Florida Gulf Coast University: Sentiment-Based Predictions of Housing Market Turning Points with Google Trends, by Marian Dietzel, University of Regensburg.
Industrial Real Estate, sponsored by the NAIOP Research Foundation: Industrial Real Estate Cycles: Markov Chain Applications, by Richard Evans, University of Memphis, and Glenn Mueller, University of Denver.
Innovative Thinking “Thinking Out of the Box”, sponsored by The Homer Hoyt Institute (HHI): Asset Pricing, Spatial Linkages and Contagion in Real Estate Stocks, by Stanimira Milcheva, University of Reading, and Bing Zhu, University of Regensburg.
Marc Louargand Best Research Paper by a Practicing Professional, sponsored by the James R. Webb ARES Foundation: Optimal Deal Flow Management for Direct Real Estate Investments, by Richard Gold, Northfield Information Services, and Emilian Belev, Northfield Information Services.
Mixed Use Properties, sponsored by the NAIOP Research Foundation: Valuing the Conversion Option Afforded by Form-Based Zoning in Different Economic Environments, by Keener Hughen, UNC-Charlotte, and Dustin Read, Virginia Tech.
Office Buildings/Office Parks, sponsored by the NAIOP Research Foundation: The Quadruple Bottom Line: Tenant Views of Corporate Responsibility in Green Office Buildings, by Robert Simons, Cleveland State University, Spenser Robinson, Central Michigan University, Eunkyu Lee, Cleveland State University, and Albert Bragg, Cleveland State University.
Property/Asset Management, sponsored by the Institute of Real Estate Management (IREM): Which Green Office Building Features do Tenants Pay for: A Study of Observed Rental Effects, by Robert Simons, Cleveland State University, Spenser Robinson, Central Michigan University, and Eunkyu Lee, Cleveland State University.
Real Estate Brokerage/Agency, sponsored by the National Association of Realtors (NAR®): Bargaining, Mortgage Financing and Housing Prices, by Zhenguo Lin, Florida International University, Yingchun Liu, University of North Texas, and Xun Bian, Longwood University.
Real Estate Cycles, sponsored by Pyhrr/Born Trust for Real Estate Cycle Research: How Low Can House Prices Go? Estimating a Conservative Lower Bound, by Alexander Bogin, Federal Housing Finance Agency, Stephen D. Bruestle, Penn State Erie, and William Doerner, Federal Housing Finance Agency.
Real Estate Education, sponsored by Dearborn Real Estate Education: A Primer on Real Estate Data Cleaning Techniques: Lessons from the Trenches, by Andy Krause, University of Melbourne, and Clifford Lipscomb, Greenfield Advisors.
Real Estate Finance, sponsored by Real Capital Analytics (RCA): The Effect of FHA Loan Assumptions on California’s Residential Housing Market?, by Michael LaCour-Little, California State University-Fullerton, Zhenguo Lin, Florida International University, and Wei Yu, California State Polytechnic University, Pomona.
Real Estate Investment, sponsored by the Education Foundation of the CCIM Institute: The 4% Rule: Does Real Estate Make a Difference?, by David Downs, Virginia Commonwealth University, Greg MacKinnon, Pension Real Estate Association, and Eli Beracha, Florida International University.
Real Estate Investment Trusts, sponsored by the National Association of Real Estate Investment Trusts (NAREIT): Financial Flexibility and REITs Security Issuance Decisions, by Woei Chyuan Wong, Universiti Utara Malaysia, and Joseph Ooi, National University of Singapore.
Real Estate Market Analysis, sponsored by CBRE Econometric Advisors: Know Thy Neighbor: The Impact of Cultural and Geographic Distance on Information Asymmetry, by David Harrison, University of Central Florida, George Cashman, Marquette University, and Hainan Sheng, Texas Tech University.
Real Estate Portfolio Management, sponsored by the Royal Institution of Chartered Surveyors (RICS): Determinants of Foreign versus Domestic Real Estate Investment: Property-Level Evidence from Listed Real Estate Investment Firms, by McKay Price, Lehigh University, and Nathan Mauck, University of Missouri - Kansas City.
Real Estate Valuation, sponsored by the Appraisal Institute (AI): Illuminating the Impacts of Brownfield Redevelopments on Neighboring Housing Prices: Case of Cuyahoga County, Ohio, by Ayoung Woo, Texas A&M University, and Sugie Lee, Hanyang University.
Retail Real Estate, sponsored by the International Council of Shopping Centers (ICSC): Entry and Co-Location: Evidence from Chilean Retailers, by Anthony Pennington-Cross, Marquette University, and Sergio Garate, Penn State University.
Seniors Housing, sponsored by the National Investment Center for the Seniors Housing and Care Industry (NIC): The Effect of Age-Restricted Housing on Surrounding House Prices, by Karen Gibler, Georgia State University, Tanja Tyvimaa, Tampere University of Technology, and Velma Zahirovic-Herbert, University of Georgia.
Sustainable Real Estate, sponsored by the NAIOP Research Foundation: Financial Impact of LEED and Energy Star Certifications on Hotel Revenues, by Spenser Robinson, Central Michigan University, Arjun Singh, Michigan State University, and Prashant Das, Ecole hoteliere de Lausanne.
Spacial Analytics/GIS Applications, sponsored by Urban Economics, Inc.: A Damaged View: The Impact of Power Lines on Residential Property Values, by David Wyman, College of Charleston, and Chris Mothorpe, College of Charleston.