An Analysis of the Determinants of Transaction Frequency of Institutional Commercial Real Estate Investment Property

Jeffrey Fisher, Dean Gatzlaff, David Geltner and Donald Haurin

Real Estate Economics, 2004, vol. 32, issue 2, 239-264

Abstract: This study examines the correlation of the frequency of the sale of investment‐grade property with national, regional and local variables, including property‐ and owner‐specific characteristics. More specifically, the study identifies the primary factors that “explain” intertemporal changes in transaction frequency in the underlying properties used to develop the National Council of Real Estate Investment Fiduciaries (NCREIF) index. Understanding these factors yields important information that can be used by firms when forming market expectations and developing investment strategies.

Date: 2004
References: View references in EconPapers View complete reference list from CitEc
Citations: View citations in EconPapers (26)

Downloads: (external link)
https://doi.org/10.1111/j.1080-8620.2004.00091.x

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bla:reesec:v:32:y:2004:i:2:p:239-264

Ordering information: This journal article can be ordered from
http://www.blackwell ... bs.asp?ref=1080-8620

Access Statistics for this article

Real Estate Economics is currently edited by Crocker Liu, N. Edward Coulson and Walter Torous

More articles in Real Estate Economics from American Real Estate and Urban Economics Association Contact information at EDIRC.
Bibliographic data for series maintained by Wiley Content Delivery ().