Manuscript Prize Nominations
Best Paper Awards
Prize Info
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Alan J Ziobrowski Excellence in Doctoral Research Award
2024 - Dynamics of REIT Returns and Volatility - Analyzing Time-Varying Drivers Through an Explainable Machine Learning Approach
Hendrik Jenett - - University of Regensburg
Past Award Winners
Apartments Award
2024 - Rent Control, Rent Overcharge, and Racial Disparity: Evidence from New York City
Brent Ambrose - Pennsylvania State University Xun Bian - University of North Texas Ruoyu Chen - University of Windsor Hanchen Jiang - Univeristy of North Texas
Past Award Winners
2023 - Priced-out: Rent Control and Wage Inequality
Geraldo Cerqueiro - Catolica-Lisbon SBE Isaac Hacamo - Indiana University Pedro Raposo - Catolica-Lisbon SBE
2022 - Does Retrofitting Pay Off? An Analysis of German Multifamily Building Data
Alexander Groh - University of Regensburg Hunter Kuhlwein - University of Regensburg Sven Bienert - University of Regensburg
2021 - Who Benefits from Rent Control? SocioEconomic Determinants of the Rent Subsidy
Herman Donner - Stanford University Fredrik Kopsch - Lund University
2019 - The Effect of Parcel Size on Land Value & Market Contestability for High-Rise Multi-family Residential Developments
Joseph T. L. Ooi Dung D. Q. Dang.
2018 - No Award
2017 - Anticipating Apartment Occupancy Rates from Real Estate Cycle Data
Richard D. Evans - University of Memphis Glenn R. Mueller - University of Denver Andrew G. Mueller - University of Denver Shawn E. Massey
2016 - Micro-Housing as Urban Development Model in a Shared Economy
Bing Wang - Harvard University
2015 - Restricting Private Property Rights & House Prices: Evidence from a Natural Experiment
Joseph Ooi - National University of Singapore Geoffrey K. Turnbull - University of Central Florida
2014 - Early Termination of Small Loans in the Multifamily Mortgage Market
Brent C. Smith - Virginia Commonwealth University Anthony Pennington-Cross - Marquette University
2013 - The Value Behind the Value-Add: Multifamily Rent Growth After Renovation
Luis Mejia - CoStar Group Kyle Potter - CoStar Group
2012 - Apartment Distress and Prices Discounts: A Multi-City Cross Sectional Analysis
Steven Saules - University of Denver Paul Books - Palisade Partners Ronald L. Throupe - University of Denver Chen Huo - University of Denver
2011 - The Relationship Between Internet Searches and REIT Returns
Alan Ziobrowski Prashant Das Alan Owen Tidwell
2010 - No Award
2009 - What Drives Value Property Premium?
2007 - Rental Housing and the Natural Vacancy Rate
Daniel Hagen - Western Washington University Julia Hansen - Western Washington University
2006 - No Award
2005 - Effects of MAX Light Rail on Real Estate Apartment Values in Portland, Oregon
Charles C. Carter - Marylhurst University Paul Aragon - Marylhurst University
2004 - Proximity to God: Does It Affect Your House Value?
Joseph T. L. Ooi - National University of Singapore
2003 - Private Investor Holding Period
Tom G. Geurts Roger J. Brown
2002 - Estimating the Value of Apartment Buildings
James Frew - Willamette University G. Donald Jud - University of North Carolina Greensboro
Best Practitioner Research Award
2024 - Michigan State Land Bank Authority Holdings, Historical Redlining, and Social Equity
Spenser Robinson - Central Michigan University Brian Woodin - Michigan State Land Bank Authority Holdings
Past Award Winners
2023 - Pricing the Upside Potential to Downside Risk
Soon Hyeok Choi - Cornell University Robert Jarrow - Cornell University Daniel Lebret - Cornell University Crocker Liu - Cornell University
2022 - Cherry-Picking Industrial Properties in Opportunity Zones
Jonathan A. Wiley - Georgia State University Hana Nguyen - Georgia State University
Corporate Real Estate Award
2024 - Agency Cost of Choosing Green
Mariya Letdin - Florida State University Cayman Seagraves - University of Tulsa Chongyu Wang - Florida State University Tingyu Zhou - Florida State University
Past Award Winners
2023 - Firm Leverage, Contract Rental Rates, and the Change in Lease Accounting
Julia Freybote - Portland State University Peng Liu - Cornell University
2022 - Real Estate Firm Governance and Litigation Risk
A. M. Parhizgari - Florida International University
2021 - A Flexible Office Business Case: The Investors, Operators and Users Perspective on the COWORKSTATT
Annette Kampf-Dern - RE Entrepreneurial Research
2019 - The Effect of Firm Characteristics on the Prime Office Accommodation Decision
Kimberly Winson Geideman Mariko Kimura Christopher Heywoods
CoStar Data Award
2024 - Commercial Real Estate Brokers: The artifact of Locational Advantage Across Markets
Brent Smith - Virginia Commonwealth University Walter D'Lima - Florida International University
Past Award Winners
2023 - Speculation or Spillovers in Local Economic Development Policies: Policy Distortions in the Land of OZ
Brent Smith - Virginia Commonwealth University
2022 - Linking Health and Well-being to Financial Performance in Commercial Real Estate
Katharina Minkow - University of Cambridge Franz Fuerst - University of Cambridge
2021 - Rent Control and ValueAdd Multifamily Investors
Julia Freybote - Portland State University Gerard Mildner - Portland State University
2019 - The Impact of Sale and Leaseback on Commercial Real Estate Prices and Initial Yields in the UK
Danielle C. Sanderson Farazia Shakurina Jolene Lim
2018 - The Impact of School Quality Vectors on Multifamily Housing
Spenser J. Robinson - Central Michigan University Jeremy Gabe - University of Auckland Andrew Sanderford - University of Arizona Emily M. O’Halloran - Central Michigan University
2017 - Walmart and Urban Land Prices: Friend or Foe?
Barrett Slade - Brigham Young University
2016 - What’s Really Happening With Apartment Rents
Andrew Florance - CoStar Jay Spivey - CoStar John Affleck - CoStar Robert Jennings - CoStar
2015 - Green Buildings: Similar to Other Premium Buildings?
Spenser Robinson - Central Michigan University Andrew Sanderford - University of Arizona
2014 - Sentiment-Based Commercial Real Estate Forecasting with Google Search Volume Data
Marian Alexander Dietzel - University of Regensburg Nicole Braun - University of Regensburg
2013 - A New Paradigm—CoStar and the Matching Method
Spenser J. Robinson - Central Michigan University
2012 - List Price Information in the Negotiation of Commercial Real Estate, Transactions: Is Silence Golden?
Dean H. Gatzlaff - Florida State University Peng Liu - Cornell University, Center for Real Estate and Finance
2011 - An Investigation Into Appraisal Bias: The Role of Decision Support Tools in Debiasing Valuation Judgments.
Alan Tidwell Paul Gallimore
2010 - Heterogeneous Investors, Negotiation Strength and Asset Prices in Private Markets: Evidence from Commercial Real Estate
David C. Ling Milena Petrova
2009 - Is there a link between transaction frequency and property characteristics? – The case of Chicago office market
Sofia V. Dermisi - Roosevelt University John F. McDonald - Roosevelt University
2007 - Buyer and Seller Motivations, Bargaining Power, and Transaction Prices in Commercial Real Estate Markets: Evidence from the Section 1031 Exchange Market
David Ling - University of Florida Milena Petrova - Syracuse University
2006 - A Geospatial Approach to Modeling Shopping Center Locational Efficiency in the San Francisco Bay Area
Richard B. Gold - Grosvenor Americas James Stone - geoVue, Inc
Housing Award
2024 - Immigrants and Native Flight: Geographic Extent and Heterogeneous Preferences
Bence Boje-Kovacs - Aalobrg University Ismir Mulalic - Copenhaen Business School Albert Saiz - MIT Center for Real Estate Vinicios Sant'Anna - MIT Center for Real Estate Marie Louise Schultz-Nielsen - Rockwool Foundation Research
Past Award Winners
2023 - Working Experience, Financial Literacy, and Mortgage Stress
Mingzhi Hu - Zhejiang University of Technology Zhenguo Lin - Florida International University Yingchun Liu - University of North Texas
2022 - The Local Effects of Relaxing Land-Use Regulation on Housing Supply and Rents
Simon Buechler - MIT Elena Lutz - ETH Zürich
2021 - Sentiment Analysis within a Deep Learning Probabilistic Framework: New Evidence from Residential Real Estate in the United States
Cathrine Nagl - University of Regensburg
2019 - Flood Risk and the U.S. Housing Market
Howard Kunreuther Susan Wachter Carolyn Kousky Michael LaCour-Little
2018 - Price and Trading Volume in the Housing Market
Ping Cheng - Florida Atlantic University Zhenguo (Len) Lin - Florida International University Yingchun Liu - University of North Texas
2017 - The Impact of Sharpe Ratio in Homeownership: A Millennial Issue
Sergio Garate - Penn State University
2016 - Statutory Right of Redemption and its Influence on Mortgage Outcomes
Shuang Zhu - Kansas State University R. Kelley Pace - Louisiana State University
2015 - Sentiment-Based Predictions of Housing Market Turning Points with Google Trends
Marian Dietzel - University of Regensburg
2014 - Boom, Bust, and Recovery: The Role of Land Use Regulation and Urban Form
Hongwei Dong - California State University, Fresno J. Andrew Hansz - California State University, Fresno
2013 - Are Real House Prices Stationary? Evidence from New Panel and Univariate Data
Jing Zhang - Ohio State University Robert De Jong - Ohio State University Donald R. Haurin - Ohio State University
2012 - Buyer Sentiment and Residential Home Prices: Evidence from Online Search Activity
Eli Beracha - East Carolina University Babajide Wintoki - University of Kansas
2011 - The Influence of Foreclosure Delays on Borrower's Default Behavior
Shuang Zhu R. Kelley Pace
2010 - New Supply and Price Adjustments in the Housing Market
Joseph T.L. Ooi Thao T.T. Le
2009 - Naming Strategies of Residential Developments: Is there a Winning Formula?
Muhammad Faishal Ibrahim - National University of Singapore Fu Weiming Leonard - Inland Revenue Authority of Singapore
2007 - Rational Hot Markets: Price and Volume in the Housing Market
Jim Clayton - Pension Real Estate Association Greg MacKinnon - Saint Mary’s University
2006 - Charm Pricing as a Signal of Listing Price Precision
Marcus T. Allen - Florida Atlantic University William H. Dare - Oklahoma State University
Innovative Thinking Award
2024 - Selling Houses as Minority Broker: Quantifying Diversity Discount
Soon Hyeok Choi - Rochester Institute of Technology
Past Award Winners
2023 - Real Estate Security Token Offerings and the Secondary Market: Driven by Crypto Hype or Fundamentals?
Julia Kreppmeier - University of Regensburg Ralf Laschinger - University of Regensburg Bretram Steininger - KTH Royal Institute of technology, Sweden Gregor Dorfleitner - University of Regensburg
2022 - Does Owning a Home Make Us More Generous?
Xun Bian - University of North Texas Feifei Zhu - Radford University
2021 - DisAggregated Urban Location and Commercial Real Estate Values
Jeremy Gabe - University of San Diego Andy Krause - Zillow Spenser Robinson - Central Michigan University Andrew Sanderford - University of Virginia
2019 - Toxic Assets: How the Housing Market Responds to Environmental Information Shocks
Jeremy G. Moulton Nicholas J. Sanders Scott A. Wentland
2018 - Discretionary-Based Textual Analysis in German Real Estate Markets
Jessica Roxanne Ruscheinsky - IREBS University of Regensburg Katrin Kandlbinder - IREBS University of Regensburg Wolfgang Schaefers - IREBS University of Regensburg
2017 - Quality of Life and Earnings Management: Do Firms at Less Desirable Locations Manipulate Earnings More Aggressively?
Desmond Tsang - McGill University Jing Zhang - University of Alabama
2016 - High Frequency House Price Indexes with Scarce Data
Steven C. Bourassa - Florida Atlantic University Martin Hoesli - University of Geneva
2015 - Asset Pricing, Spatial Linkages and Contagion in Real Estate Stocks
Stanimira Milcheva - University of Reading Bing Zhu - University of Regensburg
2014 - “Not in My Backyard”: The Effect of Substance Abuse Treatment Centers on Property Values
Claire La Roche - Longwood University Bennie D. Waller - Longwood University Scott Wentland - Longwood University
2013 - Neighborhood Tipping and Sorting Dynamics in Real Estate: Evidence from the Virginia Sex Offender Registry
Scott Wentland - Longwood University Xun Bian - Longwood University Raymond Brastow - Longwood University
2012 - Genetics, Homeownership, and Home Location Choice
Stephan Siegel - University of Washington Henrik Cronqvist - Claremont McKenna College Florian Münkel - University of Washington – Foster School of Business.
2011 - Flips, Flops and Foreclosures: Anatomy of a Real Estate Bubble
Craig A. Depken II Harris Hollans Steve Swidler
2010 - Determining the Most Economically Vibrant Metropolitan Statistical Areas: Creating a Residency Preference Ranking Model
Randall S. Guttery
2009 - The Transitory and Legacy Effects of the Rental Externality on House Price and Liquidity
Geoffrey K. Turnbull - Georgia State University
Velma Zahirovic-Herbert - University of Georgia
2007 - Beyond Index-Based Hedging: Can Real Estate Trigger a New Breed of Derivatives Market?
Patrick Lecomte - University of Cincinnati
2006 - Beyond Value Measurement to Value Creation
Stephen Roulac - Roulac Global Places, University of Ulster Alastair Adair - the University of Ulster Suzanne Allen - the University of Ulster Jim Berry - the University of Ulster Stanley McGreal - the University of Ulster
2005 - A Spatial Analysis of Commercial Real Estate Transaction Prices
Mark S. Coleman - Chatham Research Alliance Asieh Mansour - RREEF
2004 - Price Discovery in Real Estate Auctions: The Story of Unsuccessful Attempts
Seow Eng Ong - National University of Singapore
2003 - Risk and Private Real Estate Investments
Roger J. Brown
2002 - Regional Models for Portfolio Diversification
Theron R. Nelson - University of North Dakota Susan Logan Nelson - University of North Dakota
Marc Louargand Best Research Paper by a Practicing Professional Award
2024 - Measuring Price Effects from Disasters Using Public Data: A Case Study of Hurricane Ian
Justin C. Contat - Federal Housing Finance Agency William M. Doerner - Federal Housing Finance Agency Robert N. Renner - Federal Housing Finance Agency Malcolm J. Rogers - Federal Housing Finance Agency
Past Award Winners
2023 - No Award
2022 - Efficiency of 1031 Exchange for Personal Financial Portfolios
Spenser Robinson - Central Michigan University Clifford A. Lipscomb - Inveniam Capital Partners; High Speed Alliance
2021 - Performance of Non-Core Real Estate Private Equity Funds: A Global Perspective of Hotel and Hospitality Investment
Ting Li - Colliers International Kimberly WinsonGeideman - University of Melbourne
2019 - A New Home Affordability Estimate: What Share of Housing Stock Can Families Afford to Purchase and at What Price?
Chi-Cheol Chung William M. Doerner
2018 - Credit Risk of Low Income Mortgages
Hamilton Fout - Fannie Mae Grace Li - SunTrust Bank Mark Palim - Fannie Mae Ying Pan - Fannie Mae
2017 - How Much Do U.S. Households Know About Qualifying for a Mortgage?
Michael LaCour-Little - Fannie Mae
2016 - Grocery-Anchored Retail Centers: Are Investors Checking Off the Items on Their List?
Will McIntosh - USAA Real Estate Company Mark Fitzgerald - USAA Real Estate Company John Kirk - USAA Real Estate Company
2015 - Optimal Deal Flow Management for Direct Real Estate Investments
Richard Gold - Northfield Information Services Emilian Belev - Northfield Information Services
2014 - Impacts of Wind Turbine Proximity on Property Values in Massachusetts
Ben Hoen - Lawrence Berkeley National Laboratory Carol Atkinson-Palombo - University of Connecticut.
2013 - Who Buys For Cash, And Where
Grant Ian Thrall - Business Geography Advisors
2012 - A Closer Look at Co-Movements in Global Real Estate Cycles
Luciana Suran - CBRE Econometric Advisors
2011 - Spatial Hedonic Price Index of Commercial Real Estate
Andrew C. Florance Ruijue Peng Ozlem Yanmaz Tuzel Fred Wu
2010 - An Introduction to CoStar Repeat-Sale Price Indices
Ruijue Peng Andrew C. Florance Mingjun Huang Norm Miller Karl E. Case
2009 - Mimicking Sales Comparison Pricing Models: An Approach to Mass Appraisal Modeling with Validation by Prediction Error Summary Statistics
Andy Krause - Greenfield Advisors Max Kummerow - Greenfield Advisors
2007 - Spillover Effects of Foreclosures on Neighborhood Property Values
Len Lin - Fannie Mae Foundation Eric Rosenblatt - Fannie Mae Foundation Vincent Yao - Fannie Mae Foundation
2006 - How to Measure Access and Its Impact on Value
M. Gordon Brown - Space Analytics, Eindhoven University of Technology
2005 - Spatially Inefficient Pricing in Overheated Capital Markets: Tracking Real Estate Investor Behavior Across US Markets
David P. Lindahl - University of Washington
2004 - The Impact of Shifting Container Cargo Flows on Regional Demand for US Warehouse Space
Michael McGowan - RREEF
2003 - When and Why Real Estate Could be a Surrogate for Bonds: A Dynamic Asset Allocation View
Ronald W. Kaiser
2002 - The Taxonomy of Real Estate Cycles: A Framework and Body of Knowledge for
Stephen A. Pyhrr - Kennedy Wilson Waldo Born - Eastern Illinois University Christopher A. Manning - Loyola Marymount University Stephen Roulac - The Roulac Group
Real Estate Brokerage/Agency Award
2024 - Information Sharing across MLS Platforms and Housing Prices: Evidence from a Temporary Suspension of an Agreement
Ping Cheng - Florida Atlantic University Walter D'Lima - Florida International University Zhenguo Lin - Florida International University Liuming Yang - The Chinese University of Hong Kong
Past Award Winners
2023 - Gender, Stress, and Job Performance: Agents in the Resale Housing Market
Natalya Bikmetova - University of Central Florida Geoffrey Turnbull - University of Central Florida Velma Zahirovic-Herbert - University of Memphis
2022 - “Connect” Me! Social Networking in Commercial Real Estate Brokerage
Eren Cifci - Austin Peay State University Alan Tidwell - University of Alabama
2021 - Housing Search and Rental Market Intermediation
Desen Lin - University of Pennsylvania
2019 - Sample Selection Approaches to Estimating and Allocating the Gender Gap in Commercial Real Estate Transaction Price/Volume
Alan Tidwell Eren Cifci Sandra Mortal Vishal Gupta
2018 - Properties that Transact At or Above Listing Price
Geoffrey K. Turnbull - University of Central Florida Bennie D. Waller - Longwood University Velma Zahirovic-Herbert - The University of Georgia
2017 - Bargaining, Financing and Asset Prices: The Case of Real Estate
Zhenguo Lin - Florida International University Xun Bian - Longwood University Yingchun Liu - University of North Texas
2016 - Licensure, Agency Costs, and Performance in the Real Estate Market: Evidence from Agent-owned Properties
Geoffrey K. Turnbull - University of Central Florida Bennie D. Waller - Longwood University Scott A. Wentland - Bureau of Economic Analysis
2015 - Bargaining, Mortgage Financing and Housing Prices
Zhenguo Lin - Florida International University Yingchun Liu - University of North Texas Xun Bian - Longwood University
2014 - Termination of Listing Contracts: A Competing Risk Survival Analysis
Xun Bian - Longwood University Chao Yue Tian - University of North Carolina at Chapel Hill Bennie D. Waller - Longwood University
2013 - The Benefit of Search in Real Estate Market
Ping Cheng - Florida Atlantic University Zhenguo (Len) Lin - California State University, Fullerton Yingchun Liu - Laval University Michael J. Seiler - The College of William & Mary
2012 - Dual Agency Distortions in Real Estate Transactions
Jia Xie - Indiana University
2011 - The Role of Transaction Costs in Impeding Market Exchange in Real Estate
Bennie D. Waller Scott Wentland
2010 - Agency Costs, Incentives and Productivity of Broker-Owners
Peter Chinloy Daniel T. Winkler
2009 - The Probability of Dual Agency
Bennie D. Waller - Longwood University Raymond T. Brastow - Longwood University
2007 - Principal-Agent Conflict and Broker Effort Near Listing Contract Expiration: The Case of Residential Properties
Terrence Clauretie - University of Nevada Nasser Daneshvary - University of Nevada
2006 - Spatial Heterogeneity in Residential Models of Selling Probability and Listing Duration: Identifying Submarkets of Listing Performance
Brent C. Smith - Virginia Commonwealth University
2005 - Listing Specialization and Residential Real Estate Licensee Income
Ken Johnson - Auburn University Montgomery Leonard V. Zumpano - University of Alabama Randy I. Anderson - CNL Investment Company
2004 - Technology and Real Estate Brokerage Firm Financial Performance
John D. Benjamin - American University G. Donald Judd - University of North Carolina at Greensboro Daniel T. Winkler - University of North Carolina at Greensboro
2003 - Salesperson Bonuses and Their impact on Residential Property Price and Duration
Ken H. Johnson Randy I. Anderson Justin D. Benefield
2002 - Realtor Designations as an Indicant of Cognitive Moral Development and Success in Real Estate Sales
George Izzo - University of Evansville Barry E. Langford - Florida Gulf Coast University
Real Estate Cycles Award
2024 - Economic Freedom and the Volatility in the Real Estate Markets
Eren Cifci - Austin Peay State University Jennis Biser - Austin Peay State University Andres Jauregui - California State University, Fullerton
Past Award Winners
2023 - Trade vs. Daily Press: The Role of News Coverage and Sentiment in Real Estate Market Analysis
Franziska Ploessl - University of Regensburg Nino Martin Paulus - University of Regensburg Tobias Just - University of Regensburg
2022 - Investable Real Estate Allocations in a Mixed Asset Portfolio during Different Cycles
Glenn Mueller - University of Denver Andrew Mueller - University of Denver
2021 - House Price Contagion and U.S. City Migration Networks
Gregor Schubert - Harvard University
2019 - Valuing Housing Services in the Era of Big Data: A User Cost Approach Leveraging Zillow Microdata
Marina Gindelsky Jeremy G. Moulton Scott A. Wentland
2018 - Liquidity Imbalance in Residential Housing in Rising and Declining Markets
Ekaterina Chernobai - California State Polytechnic University Pomona Tarique Hossain - California State Polytechnic University Pomona
2017 - Oil Prices and Urban Housing Demand
William Larson - Federal Housing Finance Agency Weihua Zhao - University of Louisville
2016 - Is the 2007-09 Housing Crisis a ‘Correction’ to the Market?
Zhenguo Lin - Florida International University Laura Yue Liu - California State University at Fullerton Jing Yang - California State University at Fullerton
2015 - How Low Can House Prices Go? Estimating a Conservative Lower Bound
Alexander Bogin - Federal Housing Finance Agency Stephen D. Bruestle - Penn State Erie William Doerner - Federal Housing Finance Agency
2014 - Expectation Formation of the Housing Market: A Learning Model and Evidence from Household Survey Data
Huong Nguyen - Brandeis University
2013 - Is There a Market Cycle in Market Cycles Research?
Stephen E. Roulac - Roulac Global LLC and University of Ulster Stephen A. Pyhrr - Kennedy Wilson Annette Kaempf-Dern - Technische Universität Darmstadt Andreas Pfnür - Technische Universität Darmstadt
2012 - Global Housing Cycles
Deniz Igan - International Monetary Fund Research
2011 - List Price and Sales Prices of Residential Properties During Booms and Busts
Don Haurin Stanley McGreal Alastair Adair Louise Brown James R. Webb
2010 - What Determined the Great Cap Rate Compression of 2000-2007, and the Dramatic Reversal during the 2008- 2009 Financial Crisis
Serguei Chervachidze William Wheaton
2009 - The US Mortgage Finance Bubble
Patric Hendershott - University of Aberdeen Robert Hendershott - University of Aberdeen James Shilling - University of Aberdeen
Real Estate Education Award
2024 - Revolutionizing Real Estate Education: Integrating AI and LLMs into Undergraduate Curriculum
Cayman Seagraves - University of Tulsa Philip Seagraves - Middle Tennessee State University
Past Award Winners
2023 - A Brief History of the Mortgage Contract
Mike Highfield - Mississippi College
2022 - TVM, NPV, and IRR, Oh My! Creating an Inclusive Environment for Teaching the Elusive Real Estate Investment Tricks of the Trade
Karen McGrath - Bucknell University Elaine Worzala - Clemson University
2021 - Intercultural Education as an Empowerment Tool for Reducing the Risk of Construction Executives Churn for Middle East Megaprojects
Alan Walsh - University of Salford
2019 - The Influence of Changes in the Workplace on Graduate Real Estate Education
Jesse Saginor Margot Weinstein Elaine Worzala
2018 - Infusing Cultural Differences into Complex Real Estate Student Projects: An Exploratory Learning Experience
Kelly A Jameson - St. Cloud State University Lalita Subrahmanyan - St. Cloud State University
2017 - No Award
2016 - Teaching Sustainability in Graduate Real Estate Education
Annette Kampf-Dern - HafenCity University Hamburg Katja Roether - HafenCity University Hamburg
2015 - A Primer on Real Estate Data Cleaning Techniques: Lessons from the Trenches
Andy Krause - University of Melbourne Clifford Lipscomb - Greenfield Advisors
2014 - The Impact of the Great Recession on Real Estate Education
Jesse Saginor - Florida Atlantic University Margot B. Weinstein - MW Leadership Consultants LLC Elaine M. Worzala - College of Charleston
2013 - Real Estate Perspectives as Major Cluster Attributes for the Analysis of the Last Decades’ Real Estate Research
Annette Kaempf-Dern - Technische Universität Darmstadt Andreas Pfnür - Technische Universität Darmstadt Stephen E. Roulac - Roulac Global LLC and University of Ulster
2012 - Reading Lists for PhD Seminars in Real Estate
Kimberly Winson-Geideman - University of North Texas Nicholas Evangelopoulos - University of North Texas
2011 - Analyzing Market and Property Data: CoStar Techniques for the Classroom
Tom G. Geurts Jim Black
2010 - Should We Care About Finance Faculty Opinion of Real Estate Journal Quality?
Chris Manning David M. Harrison
2009 - Interactive Case Study Sessions Using Technologically Enhanced Learning & Teaching Environment: Use of Electronic Voting System, ULearn (WebCT Vista), & Tablet PCs
Osama S M Khan
2007 - Inside Value Creation and Destruction: Opportunism and Risk Management in Development Deal Making Strategies
Alastair Adair - the University of Ulster Stanley McGreal - the University of Ulster Stephen Roulac - Roulac Global Places LLC, the University of Ulster
2006 - How CEO’s of Real Estate Companies Like to Learn
Chris Manning - Loyola Marymount University Margot Weinstein - Kinston Group Kala Seal - Loyola Marymount University
2005 - Research and Real Estate Editorial Board Membership
William G. Hardin III - Mississippi State University Charles F. Beauchamp - Mississippi State University Kartono Liano - Mississippi State University Matthew Hill - Mississippi State University
2004 - Integrating Business Curricular Resources into Real Estate Practitioner Professional Development: Creation of a Mini-MBA® in Real Estate
Thomas Musil - University of St. Thomas
2003 - A Study Into the Important Elements of a Masters Degree in Real Estate
Louis Galuppo Elaine Worza
2002 - An Asynchronous Augmentation to Traditional Course Delivery
Marvin L. Wolverton - University of Nevada-Las Vegas Mimi Wolverton - University of Nevada-Las Vegas
Real Estate Finance Award
2024 - The Value of Intermediaries for GSE Loans
Joshua Bosshardt - Federal Housing Finance Agency Ali Kakhbod - University of California, Berkeley Amir Kermani - University of California, Berkeley and NBER
Past Award Winners
2023 - Housing Leverage, Home Value, and Retirement
Xun Bian - University of North Texas Zhenguo Lin - Florida International University Feifei Zhu - Fannie Mae
2022 - Appraisal Inflation and Private Mortgage Securitization
Moussa Diop - University of Southern California Abdullah Yavas - University of Wisconsin Madison Shuang Zhu - Kansas State University
2021 - Misreporting of Second Liens in Portfolio Mortgages and Privately Securitized Mortgages
Abdullah Yavas - University of Wisconsin, Madison Shuang Zhu - Kansas State University
2019 - Credit Risk and Housing Consumption Under Information Asymmetry
Xun Bian Justin Contat
2018 - Does Broker Race Affect Mortgage Prices? Evidence from the Subprime Mortgage Market
Brent W. Ambrose - The Pennsylvania State University James N. Conklin - University of Georgia Luis A. Lopez - The Pennsylvania State University
2017 - Are REIT Investors Overly Optimistic after Equity Offerings?; Evidence from Analyst Forecast Errors
Elizabeth Devos - Eastern Michigan University Erik Devos - University of Texas at El Paso Seow Eng Ong - National University of Singapore Andrew Spieler - Hofstra University
2016 - Mortgage Loss Given Default: Loss on Sale and Lost Time
Ben Le - Edgewood College Anthony Pennington-Cross - Marquette University
2015 - The Effect of FHA Loan Assumptions on California’s Residential Housing Market?
Michael LaCour-Little - California State University-Fullerton Zhenguo Lin - Florida Internat
2014 - Are REIT IPOs More Transparent Than Non-REIT IPOs?
Michael J. Highfield - Mississippi State University Dennis F. Steele, Jr. - Southern Adventist University Bonnie F. Van Ness - University of Mississippi.
2013 - Entrenchment, Governance, and Conference Calls: Evidence from REITs
S. McKay Price - Lehigh University Jesus M. Salas - Lehigh University C.F. Sirmans - Florida State University
2012 - Credit Expansion and Residential Mortgage Institutions
Liu Bo - National University of Singapore Tien-Foo Sing - National University of Singapore, Department of Real Estate James D. Shilling - DePaul University
2011 - The Role of Home Equity Lending in the Recent Mortgage Crisis
Michael LaCour-Little Wei Yu Libo Sun
2010 - Taking the Lie Out of Liar Loans: The Effect of Reduced Documentation on the Performance and Pricing of Alt-A and Subprime Mortgages
Michael LaCour-Little Jing Yang
2009 - Can Bank Lines of Credit Protect REITs Against a Credit Crisis?
Joseph Ooi - National University of Singapore Seow-Eng Ong - National University of Singapore Woei-Chyuan Wong - National University of Singapore
2007 - Can Bank Lines of Credit Protect REITs Against a Credit Crisis?
Terry Grissom - Georgia State University Changha Jin - Georgia State University
2006 - Designing Property Futures Contracts and Options Based on NCREIF Property Indices
Patrick Lecomte - University of Cincinnati Will McIntosh - University of Cincinnati
2005 - Measuring Loan-Level Option Cost for Sub-Prime and Alternative - A Fixed Rate Mortgages
Mark A. Beardsell - CitiGroup Wei Liu - CitiGroup
2004 - Reforming Housing Finance - Perspectives from Denmark
Mikkel Svenstrup - ScanRate Financial Systems Søren Nielsen - Aarhus School of Business
2003 - An Approach to Duration and Convexity of Mortgages in the Context of Real Estate Investment Analysis
Francis R. Handforth
2002 - Exchange-Rate Risk Mitigation with Price-Level-Adjusting Mortgages: The Case of the Mexican UDI
Joseph B. Lipscomb - Texas Christian University John Harvey - Texas Christian University Harold Hunt - Texas A&M University
Real Estate Investment Award
2024 - From Vacancy to Verdancy? The Impact of Land Options on the Timing of Vacant Lot Investment
Desen Lin - California State University, Fullerton
Past Award Winners
2023 - The Role of Multi-Family Properties in Hedging Pension Liability Risk: Long-Run Evidence
Martin Hoesli - University of Geneva Louis Johner - University of Geneva Jon Lekander - KTH Royal Institute of Technology, Sweden
2022 - To Change or Not to Change: The Informativeness of REIT Annual Reports
George Cashman - Marquette University David Harrison - University of Central Florida Hainan Shang - University of Missouri – St Louis Joseph Wall - Marquette University
2021 - The Return from Land and Buildings: The Case of REIT Properties
Zifeng Feng - University of Texas at El Paso
2019 - Geographic Diversification in Real Estate Investment Trusts
Zhilan Feng; Maneechit Pattanapanchai; S. McKay Price; C. F. Sirmans
2018 - The Impact of Intrafirm Distance on Stock Market Liquidity
George D. Cashman - Marquette University David M. Harrison - University of Central Florida Michael J. Seiler - The College of William & Mary Hainan Sheng - University of Northern Iowa
2017 - Smart Beta and Real Estate Investments: Performance and Risk
G. Stacy Sirmans - Florida State University Corbitt Stace Sirmans - University of Arkansas Mariya Letdin - Florida State University
2016 - Cure Rates on Defaulted Junior Lien Mortgage Debt
Michael LaCour-Little - California State University, Fullerton Kimberly F. Luchtenberg - East Carolina University Michael J. Seiler - The College of William and Mary
2015 - The 4% Rule: Does Real Estate Make a Difference?
David Downs - Virginia Commonwealth University Greg MacKinnon - Pension Real Estate Association Eli Beracha - Florida International University
2014 - Real Assets, Corporate Investment and Financing Choice
Xiaoying Deng - National University of Singapore Seow Eng Ong - National University of Singapore Meijun Qian - National University of Singapore
2013 - Price Jump Risk on the US Housing Market
Jian Yang - University of Colorado Denver and Jiangxi University of Finance and Economics Robert I. Webb - University of Virginia Jin Zhang - Southwestern University of Finance and Economics
2012 - Related Party Transactions, Wealth Expropriation and Firm Valuation: Evidence from REIT
Joseph T. L. Ooi - National University of Singapore W.C. Wong - National University of Singapore Seow Eng Ong - National University of Singapore David H. Downs - Virginia Commonwealth University
Real Estate Investment Trusts Award
2024 - REIT Option Volume, Retail Investors, and Return Probability
George Cashman - Marquette University David Harrison - University of Central Florida Benjamin Scheick - Villanova University Hainan Sheng - Virginia Tech University
Past Award Winners
2023 - Social Media and Real Estate: Do Twitter Users Predict REIT Performance?
Nino Paulus - University of Regensburg Lukas Lautenschlaeger - University of Regensburg Wolfgang Schaefers - University of Regensburg
2022 - Face-to-face Interactions, Tenant Resilience, and Commercial Real Estate Performance
Chongyu Wang - University of Hong Kong Tingyu Zhou - Florida State University
2021 - Spread Too Thin: REIT Asset Dispersion and Divergence of Opinion
Mariya Letdin - Florida State University Stace Sirmans - Auburn University Stacy Sirmans - Florida State University
2019 - The Cost of Financial Flexibility: Information Opacity, Agency Conflicts and REIT At-the-Market (ATM) Equity Offerings
George D. Cashman David M. Harrison Shelly Howton Benjamin Scheick
2018 - Are Overpaid Acquisitions Bad Deals? Evidence from REITs
Joseph T. L. Ooi - National University of Singapore Fan Zhang - National University of Singapore
2017 - Investors’ Limited Attention: Evidence from REITs
David M. Harrison - University of Central Florida Mahsa Khoshnoud - University of Central Florida Honghui Chen - University of Central Florida
2016 - Decomposition of Debt and the Road to REIT Returns
Linda Allen - Baruch College Mariya Letdin - Florida State University
2015 - Financial Flexibility and REITs Security Issuance Decision
Woei Chyuan Wong - Universiti Utara Malaysia Joseph Ooi - National University of Singapore
2014 - The Effects of Unrecognized Capital Gains and Unrecaptured Depreciation on Firm Value: An Application to the Valuation of REITs
Dan W. French - University of Missouri S. McKay Price - Lehigh University
2013 - CEO Bonus: Alternative Performance Versus Gamesmanship
Desmond Tsang - McGill University Crocker Liu - Cornell University
2012 - The Relative Value of Public Non-Listed REITS: An Evaluation of Equity Return Sustainability, Liquidity, and Organizational Issues
Paul J. Seguin
2011 - Long Memory in REITs Volatility and Changes in the Unconditional Mean: A Modified FIGARCH Approach
Ivelina Pavlova Jang Hyung Chob A. M. Parhizgaric
2010 - Liquidity Accounting Transparency, and the Cost of Capital: Evidence from Real Estate Investment Trusts
Bartley R. Danielsen David M. Harrison Robert A. Van Ness Richard S. Warr
2009 - Can Secondary Market Investors Profit From REIT IPOs?
Michael J. Highfield - Mississippi State University Kenneth D. Roskelley - Mississippi State University Dennis F. Steele, Jr. - Southern Adventist University
2007 - Management of Funds from Operations to Meet Benchmarks
Hong Zhu - Loyola College in Maryland
2006 - Investment, Liquidity and Private Debt: The Case of REIT Credit Facilities
Robert D. Campbell - Hofstra University Erik Devos - Ohio University Andrew C. Spieler - Hofstra University
2005 - Extrapolation Theory and the Pricing of REIT Stocks
Joseph T. L. Ooi - National University of Singapore James R. Webb - Cleveland State University Dingding Zhou - National University of Singapore
2003 - Supermarket Tenants and Shopping Centers Owned by REITS
Karen Eilers Lahey Kimberly J. Timer
Real Estate Market Analysis Award
2024 - Granular Risks and Stock Returns: Evidence From Commercial Real Estate
David Ling - University of Florida Chongyu Wang - Florida State University Tingyu Zhou - Florida State University
Past Award Winners
2023 - Changing the Location Game – Improving Location Analytics with the Help of Explainable AI
Moritz Stang - University of Regensburg Bastian Kramer - University of Regensburg Marcelo Cajias - University of Regensburg Wolfgang Schafers - University of Regensburg
2022 - Macroeconomic Uncertainty and Predictability of Real Estate Returns: The Impact of Asset Liquidity
Nandu Nayar - Lehigh University S. McKay Price - Lehigh University Ke Shen - Lehigh University
2021 - Housing Affordability and Transaction Tax Subsidies
Anatasia Girshina - Stockholm School of Economics Francois Koulischer - University of Luxembourg Ulf von Lilienfeld-Toal - University of Luxembourg
2019 - House Price Diffusion of Housing Submarkets: Evidence from Greater Sydney
Chyi Lin Lee Mustapha Bang
2018 - To Airbnb? A Question of Returns
Andy Krause - Greenfield Advisors Gideon Aschwanden - The University of Melbourne
2016 - Missing the Mark: Choosing a Local House Price Index and its Consequence on Mortgage Valuation
Alexander N. Bogin - Federal Housing Finance Agency William m. Doerner - Federal Housing Finance Agency William D. Larson - Federal Housing Finance Agency
2015 - Know Thy Neighbor: The Impact of Cultural and Geographic Distance on Information Asymmetry
David Harrison - University of Central Florida George Cashman - Marquette University Hainan Sheng - Texas Tech University
2014 - Cycles in Real Estate Cycles Research-Checking Empirical Evidence in the U.S. and Europe
Annette Kaempf-Dern - HafenCity Universitaet Hamburg Stephen E. Roulac - Roulac Global LLC and Visiting Professor University of Ulster Stephen A. Pyhrr - American Real Estate Society and Kennedy Wilson
2013 - The Impact of Consumer Sentiment on Single Family Home Prices
Patrick Smith - Georgia State University
2011 - Flight to Quality? An Investigation of the Attributes of Sold Properties in Hot and Cold Markets
Franz Fuerst Pat McAllister Petros Sivitanides
2010 - The Determinants of Housebuyer Search Duration in “Hot” and “Cold” Residential Markets
Ekaterina Chernobai Tarique Hossain
2009 - Asymmetric Adjustment in the City of London Office Market
Patric H. Hendershott - University of Aberdeen Bryan D. MacGregor - University of Aberdeen Colin M. Lizieri - University of Reading,
2007 - Trade Area Definition and Calculation
Timothy Fik - University of Florida Ashish Patel - University of Florida Grant Thrall - University of Florida
2006 - An Alternative Spatial Hedonic Estimation Approach
Clifford A. Lipscomb - Valdosta State University
2005 - Macroeconomic Policy and Real Estate, Stock Market Impact Analysis
Kim Hin/David Ho - National University of Singapore Muhammad Faishal bin Ibrahim - National University of Singapore Kim Hiang Liow - National University of Singapore
2004 - The Geography of Submarkets: A Case Study of the Chicago Office Market
Mark Donovan - University of Chicago
2003 - Analysis of the Effects of Large Lot Zoning
Hans R. Isakson
2002 - Development of a New Regional Economics Model for Evaluating Economic Activity
Waldo Born - Eastern Illinois University Adam Kocsis - Eastern Illinois University
Real Estate Portfolio Management Award
2024 - The Volatility of Listed Real Estate in Europe and Portfolio Implications
Martin Hoesli - University of Geneva and University of Aberdeen Louis Johner - University of Geneva Jackline Kraiouchkina - University of Geneva
Past Award Winners
2023 - Time Varying Dependences between Real Estate Crypto, Real Estate and Crypto Returns
Catherine Nagl - University of Regensburg Maximilian Nagl - University of Regensburg Daniel Rosch - University of Regensburg Wolfgang Schafers - University of Regensburg Julia Freybote - Portland State University
2019 - Short Selling and Options Trading: A Tale of Two Markets
George D. Cashman David M. Harrison Hainan Sheng
2018 - Sovereign Wealth Fund Real Estate Investment
S. McKay Price - Lehigh University Peng Liu - Cornell University Nathan Mauck - University of Missouri - Kansas City
2017 - Option Trading and REIT Returns
George D. Cashman - Marquette University David M. Harrison - University of Central Florida Hainan Sheng - University of Northern Iowa
2016 - Cross-Border Investment and Firm Liquidity
George D. Cashman - Marquette University David M. Harrison - University of Central Florida Hainan Sheng - University of Northern Iowa
2015 - Determinants of Foreign versus Domestic Real Estate Investment: Property-Level Evidence from Listed Real Estate Investment Firms
McKay Price - Lehigh University Nathan Mauck - University of Missouri - Kansas City
2014 - Optimal Portfolio Diversification with Private Assets: An Alternative Theory
Ping Cheng - Florida Atlantic University Zhenguo (Len) Lin - California State University Fullerton Yingchun Liu - Laval University
2013 - The Impact of Trading Volume on REIT Volatility Using the GARCH Model
Nina Adams Rogers - University of North Texas Imre Karafiath - University of North Texas Kimberly Winson-Geideman - University of North Texas
2012 - Pricing of Volatility Risk in REIT
Jared Delisle - Washington Management State University S. McKay Price - Lehigh University C.F. Sirmans - Florida State University
2011 - REIT Going Private Decisions*
James C. Brau J. Troy Carpenter Mauricio Rodriguez C.F. Sirmans
2010 - The Changing Benefit of REITs to the Mixed-Asset Portfolio*
Stephen L. Lee
2009 - REIT Auditor Fees and Financial Market Transparency*
Bartley R. Danielsen - North Carolina State University Richard S. Warr - North Carolina State University David M. Harrison - Texas Tech University Robert A. Van Ness - University of Mississippi
2007 - Risk Premiums for International Real Estate Investing in the Pan-Asia Region*
David Ho - National University of Singapore Tien Foo Sing - National University of Singapore Leslie Chua - JLL Real Estate Intelligence Service-Asia John Glascock - the University of Cambridge
2006 - Time Variation of Liquidity in the Private Real Estate Market: An Empirical Investigation*
Jim Clayton - University of Cincinnati Greg MacKinnon - Saint Mary’s University Liang Peng -The University of Colorado
2005 - Contrarian Real Estate Investment*
Kwame Addae-Dapaah - National University of Singapore Kim Hin/David Ho - National University of Singapore Yong Hua Chua - National University of Singapore
2004 - Regime Changes in International Securitized Property Markets*
Kim Hiang Liow - National University of Singapore Haihong Zhu - National University of Singapore David Kim Hin Ho - National University of Singapore Kwame Addae-Dapaah - National University of Singapore
2003 - The Persistence of Real Estate Fund Performance*
Stephen L. Lee
2002 - Correlation Shifts and Real Estate Portfolio Management*
Stephen L. Lee - University of Reading-England
* Awarded under retired Real Estate Investment/Portfolio Management prize category.
Real Estate Valuation
2024 - Perceptions of Climate Change and the Pricing of Disaster Risk in Commercial Real Estate
C. Stace Sirmans - Auburn University G. Stacy Sirmans - Florida State University Greg T. Smersh - University of South Florida Daniel T. Winkler - University of North Carolina - Greensboro
Past Award Winners
2023 - The Role of Tenant Characteristics in Retail Cap Rate Variation
Mariya Letdin - Florida State University Stacy Sirmans - Florida State University Greg Smersh - University of South Florida Tingyu Zhou - Florida State University
2022 - Do Real Estate Contingency Clauses Affect Selling Price and Time-on-the-Market?
Bruce L. Gordon - University of North Alabama Michael J. Seiler - College of William & Mary Ralph Siebert - Purdue University Daniel T. Winkler - University of North Carolina at Greensboro
2021 - Listing Price and the Overpricing of Residential Properties
Clifford Lipscomb - Georgia Institute of Technology Daniel Winkler - University of North Carolina at Greensboro Bruce Gordon - University of North Alabama
2019 - Information Value of Property Description: A Machine Learning Approach
Lily Shen
2018 - Valuation Errors, Collateral Risk, and the Role of Mortgage Insurance
Paul Carrillo - George Washington University William M. Doerner - Federal Housing Finance Agency William Larson - Federal Housing Finance Agency
2017 - Property Renovations and Their Impact on House Price Index Construction and Loan Performance Outcomes
William M. Doerner - Federal Housing Finance Agency Alexander Bogin - Federal Housing Finance Agency
2016 - Golf Course Design and Real Estate Values – The Impact of Cart Path Routing on Condominium Prices
Steve P. Fraser - Florida Gulf Coast University Marcus T. Allen - Florida Gulf Coast University
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2015 - Illuminating the Impacts of Brownfield Redevelopments on Neighboring Housing Prices: Case of Cuyahoga County, Ohio
Ayoung Woo - Texas A&M University Sugie Lee - Hanyang University
2014 - The Impact of Default and Foreclosure on Housing Values
Ying Huang - University of Manitoba Esra Ozdenerol - The University of Memphis Mark A. Sunderman - University of Memphis Ronald W. Spahr - University of Memphis
2013 - Construction Quality and House Prices
Joseph T. L. Ooi - National University of Singapore Thao T. T. Le - National University of Singapore Lee Nai Jia - National University of Singapore
2012 - Transaction-Based Versus Appraisal-Based Capitalization Rates: New Evidence on Cap Rate Determinants and Appraisal Smoothing
Alain Marc Chaney - IAZI AG Martin E. Hoesli - University of Geneva
2011 - Addressing Appraisal Creep in Property Taxation: Alternatives to Traditional Taxation Methods
William H. Dare Paul R. Goebel The Honorable Carl Isett
2010 - Appraisal Error Terms and Confidence Intervals
John A. Kilpatrick
2009 - The Impact of Age on the Value of Historic Homes in a Nationally Recognized Historic District
Kimberly Winson-Geideman - University of North Texas Dawn Jourdan - University of Florida Shan Gao - Texas A&M University
2007 - Discounted Cash Flow as a Tool for Market Valuation
Christina Gustafsson - IPD Norden, Swedish Property Index Stellan Lundstrom - The Royal Institute of Technology
2006 - Price Discovery Between Residential Land and Housing Markets
Joseph T.L. Ooi - National University of Singapore Lee Sze_Teck - National University of Singapore
2005 - Real Estate Appraisal and Bid Price: An Empirical Evaluation of Alternative Theories
Carl R. Gwin - Baylor University Seow-Eng Ong - National University of Singapore Andrew C. Spieler - Hofstra University
2004 - The Price of Aesthetic Externalities
Steven Bourassa - University of Louisville Jian Sun - University of Louisville Martin Hoeslie - University of Geneva, University of Aberdeen Business School
2003 - Commercial Site Values: The 100 Percent Location Revisited
Karl L. Guntermann Gareth Thomas
2002 - Appraisers and Toxic Mold: Legal and Valuation Issues
Richard W. Hoyt - University of Nevada Robert J. Aalberts - University of Nevada
Seniors Housing Award
2024 - No Award
Past Award Winners
2023 - No Award
2022 - Do Affordable Housing Professionals Employed in the For-Profit and Non-Profit Sectors Conceptualize the Work of Their Companies Differently?
Dustin C. Read - Clemson University Donna Sedgwick - Virginia Tech
2021 - Resident Service Coordinators as an Underutilized Resource in the Design and Development of Affordable Housing
Dustin Read - Virginia Tech Greg Galford - Virginia Tech Jeffrey Robert - Virginia Tech
2019 - An Exploration of U.S. Senior Housing
Jeremy Gabe Spenser Robinson Drew Sanderford
2018 - External House Price Effects of Assisted Living Facilities and Nursing Homes
Velma Zahirovic-Herbert - The University of Georgia Karen M. Gibler - International Real Estate Society
2017 - No Award
2016 - Land Leverage and Mortgage Default: Implications for the Aging Baby Boom Generation
Thomas G. Noordewier - University of Vermont David M. Harrison - University of Central Florida
2015 - The Effect of Age-Restricted Housing on Surrounding House Prices
Karen Gibler - Georgia State University Tanja Tyvimaa - Tampere University of Technology Velma Zahirovic-Herbert - University of Georgia
2014 - Home Safety, Accessibility, and Elderly Health: Evidence from Falls
Michael Eriksen - Texas Tech University Nadia Greenhalgh-Stanley - Kent State University Gary Engelhardt - Syracuse University
2013 - Reverse Mortgages: Consumer Selection
Donald R. Haurin - Ohio State University Chao Ma - Ohio State University Stephanie Moulton - Ohio State University Jason Seligman - Ohio State University
2012 - Life Satisfaction among Elderly Households in Public Rental Housing in Singapore
Kwame Addae-Dapaah - National University of Singapore Quah Shu Juan - Knight Frank Pte. Ltd
2011 - No Award
2010 - Another Look at Effects of ‘Adults-Only’ Age Restrictions on Housing Prices
Marcus T. Allen Charles C. Carter Zhenguo (Len) Lin William J. Haloupek
2009 - Can’t Get No Satisfaction or Can They? Examining Housing and Neighborhood Satisfaction Factors in the 55+ Generation
David W. Chapman - Old Dominion University John R. Lombard - Old Dominion University
2007 - Assisted Living Facilities: Best Practices in Design and Management
Julia Beamish - Virginia Tech Rosemary Carucci Gross - Virginia Tech
2006 - No Award
2005 - Real Estate Aspects of Healthcare: Excess Capacity and Growing Costs
Michael A. Anikeeff - John Hopkins University John D. Benjamin - American University Peter Chinloy - American University Isaac F. Megbolugbe - Johns Hopkins University
2002 - Nursing Home Quality, Chain Affiliation, Profit Status and Performance
Randy I. Anderson - Baruch College H. Shelton Weeks - Florida Gulf Coast University Bradley K. Hobbs - Florida Gulf Coast University James R. Webb - Cleveland State University
Spatial Analysis/ GIS Applications Award
2024 - The Impact of Labels on Neighborhoods
Yuliya Demyanyk - Univeristy of Illinois at Chicago Luis A. Lopez - Univeristy of Illinois at Chicago Nitzan Tzur-Ilan - Federal Reserve Bank at Dallas
Past Award Winners
2023 - Amazon Delivers a New Location to Your Door: How Last-Mile Distribution Centers Influence Residential Real Estate Prices
Jeffrey Robert - Virginia Tech University
2022 - Accounting for Spatial Autocorrelation in Algorithm-Driven Hedonic Models: A Spatial Cross-Validation Approach
Juergen Deppner - University of Regensburg Marcelo Cajias - Patrizia AG
2019 - Estimating the Impact of Crime on Neighborhood Property Values – A Geospatial Application
Ying Huang Ronald W. Spahr Mark A. Sunderman Paul Bidanset
2018 - Impact of Industrial Rezoning on Residential House Prices
Jeffrey G. Robert - University of Georgia Velma Zahirovic-Herbert - The University of Georgia
2017 - The Density of Gas Stations and the Type of Traffic — Commuting, Convenience, and Retail
Anthony Pennington-Cross - Marquette University Kyle Koller - Jones Lang LaSalle
2016 - Spillover Effects of Geographically Dependent Macroeconomic Variables on REIT Liquidity
Chongyu Wang - University of Connecticut Jeffrey P. Cohen - University of Connecticut John L. Glascock - University of Connecticut
2015 - A Damaged View: The Impact of Power Lines on Residential Property Values
David Wyman - College of Charleston Chris Mothorpe - College of Charleston
Sustainable Real Estate Award
2024 - The price of clean air - quantifying air pollution exposure in real estate decision making
Rebecca Restle - Patrizia SE Marcelo Cajias - University of Regensburg and Patrizia SE Anna Knoppik - University of Regensburg
Past Award Winners
2023 - Picture This: A Deep Learning Model for Operational Real Estate Emissions
Benedikt Gloria - University of Regensburg Ben Höhn - University of Regensburg
2022 - Does Investing in ESG Pay Off? Evidence from REITs around the Covid-19 Pandemic
Ryan G. Chacon - University of Colorado, Colorado Spring Zifeng Feng - University of Texas at El Paso Zhonghua Wu - Florida International University
2021 - Solar at High Noon: Solar Home Premiums in a Rapidly Maturity Market
Jaclene Begley - Fannie Mae Ben Hoen - Lawrence Berkeley National Laboratory
2019 - The Impact of Waterfront Location on Residential Home Values Considering Flood Risks
Norman G. Miller Michael Sklarz
2018 - Impact of Flood Zone on Residential Property Asking Price. Are People Aware of the Risk? Case of Province of Quebec
Philippe Belanger - Universite Laval Michael Bourdeau-Brien - Universite Lava
2017 - Residential Diffusion Indices For LEED, Energy Star, and the National Green Building Standard
Spenser J. Robinson - Central Michigan University Andrew Sanderford - Arizona State University Elizabeth Cameron - Central Michigan University
2016 - Green Tenancies: A Luxury Good for Commercial Real Estate Occupiers
Jeremy Gabe - University of South Australia
2015 - Financial Impact of LEED and Energy Star Certifications on Hotel Revenues
Spenser Robinson - Central Michigan University Arjun Singh - Michigan State University Prashant Das - Ecole hoteliere de Lausanne
2014 - Innovation Complementarity: Evidence From US Home Builders’ Green Technology Use 2000-2010
Andrew Sanderford - Virginia Center for Housing Research Matthew Keefe - Virginia Center for Housing Research C.T. Koebel - Virginia Center for Housing Research Andrew McCoy - Virginia Center for Housing Research
2013 - Managing Well by Managing Good – The True Story of Sustainable Real Estate Premiums
Spenser J. Robinson - Central Michigan University
2012 - An Empirical Study of the Behavioral Response of Developers and Investors to the LEED Rating System
James R. DeLisle - University of Washington Terry Vaughn Grissom - University of Washington Lovisa Hogberg - University of Washington
2011 - Spatial Penetration and Performance of LEED Ratings & Certification Levels Among Office Buildings
Sofia Dermisi
2010 - Wind Energy Facilities and Residential Properties: The Effect of Proximity and View on Sales Prices
Ben Hoen Ryan Wiser Peter Cappers Mark Thayer Gautam Seth
2009 - New Evidence on the Green Building Rent and Price Premium
Franz Fuerst - The University of Reading Patrick McAllister - The University of Reading
Urban Design and Development Award
2024 - The Effects of Uncertain Commuting Costs on American Urban Land Markets: Theory and Empirical Evidence
Jeffrey A. DiBartolomeo - University of Southern Maine Geoffrey K. Turnbull - University of Central Florida
Past Award Winners
2023 - Affordable Housing Paradox in Sub Saharan Africa – Some Lessons and the Way Forward
Emmanuel Kofi Gavu - Harvard University Richard Peiser - Harvard University
2022 - Closed Cities, Open Cities and the Determinants of Urban Sprawl
Jeffrey A. DiBartolomeo - University of Southern Maine Geoffrey K. Turnbull - University of Central Florida
2021 - Supply Elasticity and Substitution in the Within-City Heterogeneity of Price Movement
Ren Ren - University of Hong Kong Siu Kei Wong - University of Hong Kong Kwong Wing Chau - University of Hong Kong
ARES Journals Best Paper Awards
Each year, the ARES journals select a "Best Paper" from the published manuscripts. While this recognition differs from the ARES manuscript prizes in that it does not include a monetary component, it remains a significant honor within the Society. This
year, we are pleased to announce that the Journal of Real Estate Research (JRER) will confer its "Best Paper" award for exemplary submissions, underscoring our continued commitment to advancing scholarly excellence in the field of real estate.
JRER Best Paper Prize
2025 - iBuyers Use of PropTech to Make Large-Scale Cash Offers
Jackson T. Anderson (Claremont McKenna College), Franz Fuerst (University of Cambridge), Richard B. Peiser (Harvard University), and Michael J. Seiler (College of William and Mary)/p>
Past Award Winners
Manuscript Prize Information
- Apartments, $2,500, sponsored by National Multifamily Housing Council (NMHC)
- Best Practitioner Research (Non-residential), $2,500 sponsored by BOMA International
- Corporate Real Estate, $1,000 sponsored by CoreNet Global
- CoStar Data, $2,500 sponsored by the CoStar Group for a paper on any topic using CoStar data
- Housing, $2,500 sponsored by the Lucas Institute for Real Estate Development and Finance at Florida Gulf Coast University
- Innovative Thinking “Thinking Out of the Box” (any topic), $1,000 sponsored by Greenfield Advisors, Inc.
- Marc Louargand Best Research Paper by a Practicing Professional (any category), $1,500 sponsored by the James R. Webb ARES Foundation. Qualification for this award requires that 50% or more of the authors be industry professionals
and not hold full time academic appointments.
- Real Estate Cycles, $2,500 sponsored by Pyhrr/Born Trust for Real Estate Cycle Research
- Real Estate Education, sponsored by Dearborn Real Estate Education
- Real Estate Finance, $1,000 newly sponsored by Arizona State University
- Real Estate Investment, $1,500 sponsored by the CCIM Institute
- Real Estate Investment Trusts, $1,000 sponsored by the National Association of Real Estate Investment Trusts (NAREIT)
- Real Estate Market Analysis $1,000, sponsored by the Texas Tech Rawls College of Business
- Real Estate Valuation $1,000, sponsored by the Appraisal Institute (AI)
- Seniors Housing $1,000, sponsored by the National Investment Center for Seniors Housing and Care (NIC)
- Spatial Analytics/GIS Applications $1,000, sponsored by the Gazarian Real Estate Center in the Craig School of Business at California State University, Fresno
- Sustainable Real Estate $1,000, sponsored by Affinius Capital (formerly USAA Real Estate)
- Urban Design and Development, $2,000 sponsored by Go High Capital
Manuscript Prize Nominations
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