Research & Publications

My areas of focus are institutional real estate investments, commercial property markets, development process, REITs and real estate investment vehicles, and organization and strategy of real estate firms.

ACADEMIC PUBLICATIONS

Cross Border Investing Activity: Return Enhancing or Return Destroying? (with R. Anderson and H. Guirguis). 2020. Published online at Journal of Real Estate Portfolio Management, December 14^th, 2020.

Concentration in US Mortgage Loans and the Impact of the Great Recession (with G. Mueller, A. Mueller, and H. Guirguis). 2017. International Real Estate Review, 20: 325-348.

Multifamily Investment Strategies: Does Property Class and Market Type Matter? 2017. Real Estate Finance, 34: 3-14.

Forecasting Office Space Demand (with H. Guirguis). 2016. Special Issue of the NAIOP Research Foundation: January 2016.

Timing the Market: You Don’t Have to be Perfect (with R. Anderson). 2011. Real Estate Issues, 35: 11-19.

ACADEMIC WORKING PAPERS

Innovations in PropTech – Pandemic Accelerated or Decelerated? (with G. Bhalla)

BOOK CHAPTERS  

Blockchain Applications in Real Estate (with E. Nikbakht). 2021. Chapter 19 in The Emerald Handbook of Blockchain for Business, Emerald Publishing Limited, March 2021.

BOOK REVIEWS  

What It Takes: Lessons in the Pursuit of Excellence by Stephen Schwarzman 2020. Journal of Real Estate Literature, 28: 130-131.

Real Estate Development Matrix by Daniel Kohlhepp and Kimberly Kohlhepp 2018. Journal of Real Estate Literature, 26: 363-367

INDUSTRY ARTICLES

Industrial Demand Forecast Decreases as Economy Slows – Industrial Space Demand Forecast (with H. Guirguis). 2019, third quarter. NAIOP Research Foundation.

Office Leasing Activity Forecast to Grow Amid Sustained U.S. Economic Strength – Office Space Demand Forecast (with H. Guirguis). 2019, second quarter. NAIOP Research Foundation.

Industrial Demand to Remain Level as Economy Steadies – Industrial Space Demand Forecast (with H. Guirguis). 2019, first quarter. NAIOP Research Foundation.

Resurgence in Office Leasing: Breakout Economic Growth Forecasts Higher Rates of Net Absorption – Office Space Demand Forecast (with H. Guirguis). 2018, fourth quarter. NAIOP Research Foundation.

Robust Economy Means Increased Industrial Demand – Industrial Space Demand Forecast (with H. Guirguis). 2018, third quarter. NAIOP Research Foundation.

Office Market Conundrum: Improving Economic Indicators amidst Minimal Absorption – Office Space Demand Forecast (with H. Guirguis). 2018, second quarter. NAIOP Research Foundation.

Industrial Demand to Remain Strong as Market Becomes Undersupplied – Industrial Space Demand Forecast (with H. Guirguis). 2018, first quarter. NAIOP Research Foundation.

How One City Will Win Amazon’s HQ2 December 11, 2017. GlobeSt.com.

Demand for Office Space to Increase as Economy Strengthens – Office Space Demand Forecast (with H. Guirguis). 2017, fourth quarter. NAIOP Research Foundation.

Demand for Industrial Space will Remain Robust – Industrial Space Demand Forecast (with H. Guirguis). 2017, third quarter. NAIOP Research Foundation.

Solid Office Demand Forecast for 2017 as Optimism Intensifies – Office Space Demand Forecast (with H. Guirguis). 2017, second quarter. NAIOP Research Foundation.

Despite Concerns, Industrial Space Demand Expected to Remain Strong – Industrial Space Demand Forecast (with H. Guirguis). 2017, first quarter. NAIOP Research Foundation.

Net Absorption of Office Space Forecast to Decline but Expected to Remain Positive – Office Space Demand Forecast (H. Guirguis). 2016, fourth quarter. NAIOP Research Foundation.

Industrial Markets Exhibit Stability, Despite Turbulence – Industrial Space Demand Forecast (with H. Guirguis). 2016, third quarter. NAIOP Research Foundation.

Economic Flattening Points to Declining Demand for U.S. Office Space Through 2017 – Office Space Demand Forecast (with H. Guirguis). 2016, second quarter. NAIOP Research Foundation.

Global Pressures and Energy Declines Weighing on U.S. Economy and Industrial Markets for 2016 – Industrial Space Demand Forecast (with H. Guirguis). 2016, first quarter. NAIOP Research Foundation.

2016 Economic Outlook: What’s Next? UCF Real Estate Notes: October 2015.

Slowing Economic Growth Predicts Slowdown in Industrial Expansion for 2016 and Beyond – Industrial Space Demand Forecast (with H. Guirguis). 2015, third quarter. NAIOP Research Foundation.

Strong Economy Expected to Increase Industrial Demand in 2015, Return to Normal Growth in 2016 – Industrial Space Demand Forecast (with H. Guirguis). 2015, first quarter. NAIOP Research Foundation.

Demand Remains Solid for Industrial Space in 2014 and 2015, but Tempered in 2016 Economy Levels – Industrial Space Demand Forecast (with H. Guirguis). 2014, third quarter. NAIOP Research Foundation.

The Capital and Deal Markets: Record-high fundamentals. What will it mean? August 2014, 2014 ICSC Florida Retail Report.

Strong Demand for Industrial Space for 2014, but Leveling Expected in 2015 – Industrial Space Demand Forecast (with H. Guirguis). 2014, first quarter. NAIOP Research Foundation.

Real Estate and the Economy: Rising Rates, Rising Opportunities! December 2013. Multifamily Florida.

The Capital and Deal Markets: A New Day (with R. Anderson). August 2013, 2013 ICSC Florida Retail Report.

The Capital and Deal Markets: Planning for Certainty (with R. Anderson). August 2012, 2012 ICSC Florida Retail Report.

Are You Hedged for Inflation? September 2011. Central Florida Realty Investors Association Newsletter.

The Capital and Deal Markets: Finding a New Normal (with R. Anderson). August 2011. 2011 ICSC Florida Retail Report.

The Great Rental Rate Rise of 2012 and Beyond Central Florida Realty Investors Association Newsletter. July 2011.

The Capital and Deal Markets: Gaining Speed and Momentum (with R. Anderson). February 2011. 2011 ICSC Florida Retail Report.

Don’t Chase Deals January 2011. Central Florida Realty Investors Association Newsletter.

The Capital and Deal Markets: Shining Stars Emerge Amongst the Darkness (with R. Anderson). August 2010. 2010 ICSC Florida Retail Report.

Emerging Opportunities in Commercial Real Estate November 2010. Central Florida Realty Investors Association Newsletter.

ACADEMIC CONFERENCE PRESENTATIONS

Trends in Real Estate Markets: Forces to Impact the 2020s Annual meetings of the American Real Estate Society, 2019.

Cross Border Investing Activity: Return Enhancing or Return Destroying? (with R. Anderson and H. Guirguis). Annual meetings of the American Real Estate Society, 2018.

Office Space Use Dynamics and Macroeconomic Factors (with H. Guirguis). Annual meetings of the American Real Estate Society, 2017.

Forecasting Office Space Demand (with H. Guirguis). Annual meetings of the American Real Estate Society, 2016.

Profitability of REIT Internationalization (with R. Anderson and H. Guirguis). Annual conference of the Asian Real Estate Society, 2015.

Concentration in US Mortgage Loans and the Impact of the Great Recession (with G. Mueller and H. Guirguis). Annual meetings of the American Real Estate Society, 2015.

Analysis of Historical Pricing and Fundamentals Growth in the National Multifamily Market: Does Property Class and Market Type Matter? (with R. Anderson ). Annual meetings of the American Real Estate Society, 2014.

Profitability of REIT Internationalization (with R. Anderson and N. Rottke). Annual conference of the Real Estate Investment Securities Association, 2013.

Do Rapid Growth Industries Learn Efficiency Over Time? An Investigation using REITs and DEA Analysis (with R. Anderson and J. Zhu).  Annual meetings of the American Real Estate Society, 2012.

Effect of International Diversification by U.S. REITs on Cost Efficiency (with R. Anderson and D. Lewis). Annual meetings of the American Real Estate Society, 2011.

Essays in International Real Estate Diversification (Doctoral Seminar) Annual meetings of the American Real Estate Society, 2011.

Impact of Foreign Market Holdings on U.S. REIT Total Returns (with R. Anderson and N. Rottke). Annual meetings of the American Real Estate Society, 2010.