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2022 | OriginalPaper | Chapter

1. The Real Estate Investment Market: The Current State and Why Advances Are Needed

Authors : W. Brent Lindquist, Svetlozar T. Rachev, Yuan Hu, Abootaleb Shirvani

Published in: Advanced REIT Portfolio Optimization

Publisher: Springer International Publishing

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Abstract

Even more than the Great Recession, the COVID-19 pandemic has severely tested the assumptions on which many real estate models are based. This chapter vividly illustrates this through quotes from financial news publications. These news articles address the potentially irreversible changes in financial and social systems that impact real estate investing, providing the motivation for the central topics addressed in this book: portfolio optimization, backtesting, risk management, option pricing to enable hedging strategies, and the incorporation of ESG considerations into real estate investing. Critically, these topics are presented under a unified rational finance framework, solely in the context of the real estate investment market, using model portfolios of REIT-based assets.

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Title: The Real Estate Investment Market: The Current State and Why Advances Are Needed
Authors: W. Brent Lindquist
Svetlozar T. Rachev
Yuan Hu
Abootaleb Shirvani
Publisher: Springer International Publishing
Book: Advanced REIT Portfolio Optimization
Print ISBN: 978-3-031-15285-6

Electronic ISBN: 978-3-031-15286-3

Copyright Year: 2022
DOI: https://doi.org/10.1007/978-3-031-15286-3_1

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