Focus on Real Estate
Given its impact on the economy at large, the real estate market is one that business leaders need to understand. At Kellogg’s Guthrie Center for Real Estate Research, we are dedicated to understanding how real estate assets are financed, how real estate markets work, and how broad trends such as urbanization impact the business world.
Collected here is a sample of our faculty research and expertise on this crucial market. It deals with the nature of house pricing, the complexity of mortgage-backed securities, and the unique challenges of financing and developing major real estate projects.
Efraim Benmelech — Harold L. Stuart Professor of Finance, Director of the Guthrie Center for Real Estate Research
Finance & Accounting
Let the Buyer Be Aware
A common error naïve homebuyers make helps explain housing boom and bust cycles.
Edward Glaeser and Charles Nathanson
April 6, 2015
Finance & Accounting
Podcast: Steering Clear of Financial Crises
Research into the causes of boom and bust cycles in real estate can guide investors.
Charles Nathanson, Craig Furfine, David Cocagne and William Michael Bennett
April 6, 2015
Finance & Accounting
How Malls Die—and How Your Business Could Be Next
When retail-store locations go under, they drag nearby stores down too.
Efraim Benmelech, Nittai K. Bergman, Anna Milanez and Vladimir Mukharlyamov
October 6, 2014
Finance & Accounting
Always Be Closing
Practical tips for success in real estate development.
David Cocagne
April 3, 2015
Finance & Accounting
What Killed the Economy?
How deal complexity in commercial mortgage-backed securities contributed to the financial crisis.
Craig Furfine
April 6, 2015