Publications

30 Aug 2004
Research & Ideas

Real Estate: The Most Imperfect Asset

big and diverse. Today, however, American investors are buying distressed mortgages in Japan, industrial buildings in Mexico, and developing shopping centers in Eastern Europe. Globalization has hit the real... View Details

Keywords: by Sarah Jane Johnston; Real Estate; Real Estate

November 2011 (Revised December 2012)
Case

Making Lemonade in Chicago's Troubled Neighborhoods

By: Nicolas Retsinas, Jazzmin Lamas and Lisa Strope

This case focuses on the complexities of building a real estate investment company in two Chicago low-income neighborhoods, Roseland and Englewood, during the foreclosure crisis in 2011. View Details

Keywords: Real Estate; Investment Management; Financial Management; Social Issues; Investment; Real Estate Industry; Chicago

February 1998 (Revised May 2007)
Case

Winthrop Park Development

By: William J. Poorvu and Elizabeth McLoughlin

Describes a real estate development project in Cambridge, MA and evaluates the market, financial, and design issues in this $20 million mixed-use property. View Details

Keywords: Property; Real Estate Industry; Cambridge

May 1979 (Revised August 2013)
Background Note

Financial Analysis of Real Property Investments

By: William J. Poorvu

Develops a conceptual framework for financial analysis of real estate investments, taking into consideration the necessity for baseline data, project trends, and forecast discontinuities. View Details

Keywords: Forecasting and Prediction; Investment Return; Trends; Real Estate Industry; Real Estate Industry

September 2013 (Revised November 2013)
Case

Qatar: Energy for Development

By: Aldo Musacchio, Colin Donovan, Samir Mikati, Rami Sarafa and Abdulla AlMisnad

Despite being the richest country in the world on a per capita basis, for analysts Qatar belongs in the group of emerging markets considered "frontier markets." This case analyzes the strengths and weaknesses of the development strategy of this small country as set... View Details

Keywords: Frontier Markets; State-owned Enterprises; State Capitalism; Sovereign Wealth Funds; Economic Development; Sovereign Finance; State Ownership; Development Economics; Energy Industry; Middle East; Qatar

26 Dec 2024
News

Be Careful About Committing to a Single Real Estate Firm, Federal Authorities Warn

2011
Other Unpublished Work

Cloistered in the Pink Ghetto: Women in Private Equity, Real Estate And Venture Capital

By: Nori Gerardo Lietz

Read Now

2008
Working Paper

Consequences of Voluntary and Mandatory Fair Value Accounting: Evidence Surrounding IFRS Adoption in the EU Real Estate Industry

By: Karl A Muller III, Edward J. Riedl and Thorsten Sellhorn

We examine the causes and consequences of European real estate firms' decisions to provide investment property fair values prior to the required disclosure of this information under International Financial Reporting Standards (IFRS). We find evidence that investor... View Details

Keywords: Fair Value Accounting; Financial Reporting; International Accounting; Corporate Disclosure; Standards; Real Estate Industry; European Union

Read Now

August 2012 (Revised August 2015)
Technical Note

Building Cities: A Technical Note

By: Arthur I Segel and Oliver O. Hartleben

World population growth and increasing urbanization will require new cities in the future around the world. This technical note attempts to systematize the key design decisions that developers and policy makers alike must make to be able to proceed. View Details

Keywords: Real Estate; Urban Scope; City; Real Estate Industry

March 2014
Supplement

China Vanke (A-3)

By: Lynn S. Paine, John Macomber and Keith Chi-ho Wong

China Vanke's president is considering whether and how the company might make further inroads into the commercial real estate sector, while continuing to lead in the residential sector. He is also considering whether to branch into overseas residential markets such as... View Details

Keywords: Real Estate; China; Sustainable Development; Green Building; Asset Management; Urban Development; Growth and Development Strategy; Safety; Assets; Real Estate Industry; China

July 2012 (Revised August 2015)
Case

SOHO China: Design, Development, and Social Harmony

By: Arthur I Segel and Mukti Khaire

Founded in 1995 by Zhang Xin and her husband Mr. Pan Shiyi, SOHO China has developed into a world-class real estate development firm that has consistently delivered high-quality projects known for their cutting-edge designs and investment potential. Despite the... View Details

Keywords: Real Estate; Organizational Culture; Leasing; Design; Asset Management; Salesforce Management; Sales; Real Estate Industry; China

January 2023 (Revised January 2024)
Teaching Note

Shanty Real Estate: Teaching Note

By: Michael Luca, Jesse M. Shapiro and Nathan Sun

Teaching note to Prof. Luca and Prof. Shapiro's Shanty Real Estate Case. View Details

May 2017
Case

Cambridge Franchise Partners

By: Richard Ruback and Royce Yudkoff

Two partners commence a rollup in the quick-service restaurant segment. They focus on operating improvements and spinning-off real estate. View Details

Keywords: Real Estate; Mergers and Acquisitions; Operations; Performance Improvement; Property; Management

January 2015
Teaching Plan

Residencial Los Andes

By: Nicolas P. Retsinas and Lisa Strope

In 2011, Mauricio Levitin and Josef Preschel, Managing Directors of Peninsula Investments Group (Peninsula) are deciding whether or not to recapitalize an equity investment in Residencial Los Andes, a residential development project in Santiago, Chile, or exit and take... View Details

Keywords: Real Estate; Property; Real Estate Industry; Chile

May 2000 (Revised January 2003)
Case

Health Development Corporation

By: Richard S. Ruback

Health Development Corp. (HDC) owns and operates health clubs in the Greater Boston area. HDC engaged a local investment banker to explore a sale of the company. The most likely buyer views HDC's prior purchase of real estate as a negative. HDC's management is... View Details

Keywords: Cash Flow; Property; Business Exit or Shutdown; Valuation; Value; Decisions; Health Industry; Boston

17 Oct 2008
Working Paper Summaries

Consequences of Voluntary and Mandatory Fair Value Accounting: Evidence Surrounding IFRS Adoption in the EU Real Estate Industry

Keywords: by Karl A. Muller III, Edward J. Riedl & Thorsten Sellhorn; Real Estate; Real Estate

June 2012
Teaching Note

Edward Lundberg and the Rockville Building: Energy Efficiency Finance in Commercial Real Estate (TN)

By: John D. Macomber and Annelena Lobb

August 2015 (Revised January 2016)
Teaching Note

To Buy or What to Buy: Your First Home

By: Charles F. Wu and Daniel Woodbury

This is the teaching note to the case "To Buy or What to Buy: Your First Home." View Details

Keywords: Real Estate; Property; Housing; Real Estate Industry; United States