0
Views
0
CrossRef citations to date
0
Altmetric
Research Articles

Improved Rish Estimation Using Appraisal Smoothed Real Estate Returns

&
Pages 51-57 | Published online: 12 Feb 2021

  • Barkham, R. and D. Geltner, Unsmoothing British Valuation-Based Returns Without Assuming an Efficient Market, Journal of Property Research, 1994, 11, 81-95. Unsmoothing British Valuation-Based Returns Without Assuming an Efficient Market Journal of Property Research 11 81 95
  • Burns, W. and D. Epley, The Performance of Portfolios of REITs and Stocks, Journal of Portfolio Management, Spring 1982, 37-42. The Performance of Portfolios of REITs and Stocks Journal of Portfolio Management 37 42
  • Chan, K.C., P.H. Hendershott and A.B. Sanders, Risk and Return on Real Estate: Evidence from Equity REITs, AREUEA Journal, 1990, 18:4, 431-52. P.H. Hendershott and A.B. Sanders, Risk and Return on Real Estate: Evidence from Equity REITs AREUEA Journal 18 431 52
  • Firstenberg, P., S. Ross and R. Zisler, Real Estate: The Whole Story, Journal of Portfolio Management, Spring 1988, 23-32. Real Estate: The Whole Story Journal of Portfolio Management 23 32
  • Fisher, J., D. Geltner and B. Webb, Value Indices of Commercial Real Estate: A Comparison of Index Construction Methods, Journal of Real Estate Finance and Economics, 1994, 9, 137-64. Value Indices of Commercial Real Estate: A Comparison of Index Construction Methods Journal of Real Estate Finance and Economics 9 137 64
  • Geltner, D., Estimating Real Estate's Systematic Risk from Aggregate Level Appraisal-Based Returns, AREUEA Journal, 1989, 17:4, 463-81. Estimating Real Estate's Systematic Risk from Aggregate Level Appraisal-Based Returns AREUEA Journal 17 463 81
  • Geltner, D., Smoothing in Appraisal-Based Returns, Journal of Real Estate Finance and Economics, 1991, 4, 327-45. Smoothing in Appraisal-Based Returns Journal of Real Estate Finance and Economics 4 327 45
  • Geltner, D., Temporal Aggregation in Real Estate Return Indices, Journal of the American Real Estate and Urban Economics Association, 1993a, 21:2, 141-66. Temporal Aggregation in Real Estate Return Indices Journal of the American Real Estate and Urban Economics Association 21 141 66
  • Geltner, D., Estimating Market Values from Appraisal Values without Assuming an Efficient Market, Journal of Real Estate Research, 1993b, 8:3, 325-45. Estimating Market Values from Appraisal Values without Assuming an Efficient Market Journal of Real Estate Research 8 325 45
  • Giliberto, S.M., Equity Real Estate Investment Trusts and Real Estate Returns, Journal of Real Estate Research, 1990, 5:2, 259-63. Equity Real Estate Investment Trusts and Real Estate Returns Journal of Real Estate Research 5 259 63
  • Giliberto, S.M., Real Estate in the Portfolio: Then and Now, Real Estate Research Paper, New York: Salomon Brothers, July 8, 1991. Real Estate in the Portfolio: Then and Now, Real Estate Research Paper
  • Giliberto, S.M., Real Estate Risk and Return: 1991 Survey Results, Real Estate Research Paper, New York: Salomon Brothers, March 31, 1992. Real Estate Risk and Return: 1991 Survey Results, Real Estate Research Paper
  • Giliberto, S.M., Measuring Real Estate Returns: The Hedged REIT Index, Journal of Portfolio Management, Spring 1993, 94-99. Measuring Real Estate Returns: The Hedged REIT Index Journal of Portfolio Management 94 99
  • Goodman, L., On the Exact Variance of Products, American Statistical Association Journal, 1960, 55, 708-13. On the Exact Variance of Products American Statistical Association Journal 55 708 13
  • Goodman, L., The Variance of the Product of k Random Variables, American Statistical Association Journal, 1962, 57, 54-60. The Variance of the Product of k Random Variables American Statistical Association Journal 57 54 60
  • Hartzell, D. and J. Webb, Real Estate Risk and Return Expectations: Recent Survey Results, Journal of Real Estate Research, 1988, 3:3, 31-38. Real Estate Risk and Return Expectations: Recent Survey Results Journal of Real Estate Research 3 31 38
  • Hoag, J., Towards Indices of Real Estate Value and Return, Journal of Finance, 1980, 35, 569-80. Towards Indices of Real Estate Value and Return Journal of Finance 35 569 80
  • Ibbotson Associates, Stocks, Bonds, Bills and Inflation 1994 Yearbook, Chicago: Ibbotson Associates, 1994. Stocks, Bonds, Bills and Inflation 1994 Yearbook
  • Kuhle, J., Portfolio Diversification and Return Benefits - Common Stock vs. Real Estate Investment Trusts (REITs), Journal of Real Estate Research, 1987, 2:2, 1-9. Portfolio Diversification and Return Benefits - Common Stock vs. Real Estate Investment Trusts (REITs) Journal of Real Estate Research 2 1 9
  • Liu, C.H., D.J. Hartzell, T.V. Grissom, and W. Grieg, The Composition of the Market Portfolio and Real Estate Investment Performance, AREUEA Journal, 1990, 18:1, 49-75. The Composition of the Market Portfolio and Real Estate Investment Performance AREUEA Journal 18 49 75
  • Louargand, M., A Survey of Pension Fund Real Estate Portfolio Risk Management Practices, Journal of Real Estate Research, 1992, 7:4, 361-73. A Survey of Pension Fund Real Estate Portfolio Risk Management Practices Journal of Real Estate Research 7 361 73
  • Lusht, K.M., The Real Estate Pricing Puzzle, AREUEA Journal, 1988, 16:2, 95-104. The Real Estate Pricing Puzzle AREUEA Journal 16 95 104
  • MacGregor, B. and N. Nanthakumaran, The Allocation of Property in the Multi-Asset Portfolio: the Evidence and the Theory Reconsidered, Journal of Property Research, 1992, 9, 5-32. The Allocation of Property in the Multi-Asset Portfolio: the Evidence and the Theory Reconsidered Journal of Property Research 9 5 32
  • Miles, M., R. Cole and D. Guilkey, A Different Look at Commercial Real Estate Returns, AREUEA Journal, 1990, 18:4, 403-30. A Different Look at Commercial Real Estate Returns AREUEA Journal 18 403 30
  • Miles, M., D. Hartzell, D. Guilkey, and D. Shears, A Transaction-Based Real Estate Index: Is It Possible, Journal of Property Research, 1991, 8, 203-17. A Transaction-Based Real Estate Index: Is It Possible Journal of Property Research 8 203 17
  • Newell, G. and J. MacFarlane, Property: More Volatile Than You Thought, Journal of Australian Securities Institute, March, 1994, 25-37. Property: More Volatile Than You Thought Journal of Australian Securities Institute 25 37
  • Ross, S. and R. Zisler, Risk and Return in Real Estate, Journal of Real Estate Finance and Economics, 1991, 4, 175-90. Risk and Return in Real Estate Journal of Real Estate Finance and Economics 4 175 90
  • Sharpe, W. and G. Alexander, Investments, New York: Prentice-Hall, 1990. Investments
  • Webb, R.B., M. Miles and D. Guilkey, Transactions-Driven Commercial Real Estate Returns: The Panacea to Asset Allocation Models?, Journal of the American Real Estate and Urban Economics Association, 1992, 20:2, 325-57. Transactions-Driven Commercial Real Estate Returns: The Panacea to Asset Allocation Models? Journal of the American Real Estate and Urban Economics Association 20 325 57
  • Webb, J.R. and J.H. Rubens, The Effect of Alternative Return Measures on Restricted Mixed-Asset Portfolios, AREUEA Journal, 1988, 16:2, 123-37. The Effect of Alternative Return Measures on Restricted Mixed-Asset Portfolios AREUEA Journal 16 123 37
  • Wheaton, W.C. and R.G. Torto, Income and Appraised Values: a Reexamination of the FRC Returns Data, AREUEA Journal, 1989, 17:4, 439-48. Income and Appraised Values: a Reexamination of the FRC Returns Data AREUEA Journal 17 439 48

Reprints and Corporate Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

To request a reprint or corporate permissions for this article, please click on the relevant link below:

Academic Permissions

Please note: Selecting permissions does not provide access to the full text of the article, please see our help page How do I view content?

Obtain permissions instantly via Rightslink by clicking on the button below:

If you are unable to obtain permissions via Rightslink, please complete and submit this Permissions form. For more information, please visit our Permissions help page.