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This paper empirically examines how real estate risk impacts corporate investment and financing decisions. Using a panel of United States firms from 1985 to 2013, we document that real estate risk is negatively associated with firms' long-term investments and long-term external financing in...
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This paper empirically examines how real estate risk impacts corporate investment and financing decisions. Using a panel of United States firms from 1985 to 2013, we document that real estate risk is negatively associated with firms' long-term investments and long-term external financing in...
Persistent link: https://www.econbiz.de/10012925693
This is the Editors' Introduction to the special issue of the Journal of Real Estate Finance and Economics. The issue includes six papers presented at the 2015 Maastricht-NUS-MIT (MNM) Symposium on International Real Estate Finance and Economics, held at the National University of Singapore in...
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