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
A common error naïve homebuyers make helps explain housing boom and bust cycles.
Edward Glaeser and Charles Nathanson
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
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
Practical tips for success in real estate development.
April 3, 2015