This paper carries out an asset-pricing analysis of the U.S. metropolitan housing market. We use zip code level housing data to study the cross-sectional role of volatility, price level, stock market risk and idiosyncratic volatility in explaining housing returns. While the related literature...

Real estate plays a fundamental connecting role in the value chain. This research addresses the application of the value chain concept to how real estate facilitates the connection of inputs to the value creation process to deliver goods and services to consumers. This research provides the...

This study discusses the uniqueness and importance of corporate real estate asset management and distinguishes it from third party real estate investment management. A decline in corporate real estate research within the academy from 1995 through 1998 is documented and contrasted with the...