Faculty Research Published: Investment and Development Behavior Following the Great Recession

Professor Ray Torto‘s research investigating commercial real estate (CRE) trends after the Great Recession is included in the Routledge Companion to Real Estate Development book published by Routledge. This 2018 publication examines a collection of contemporary themes and issues in the field of real estate development research. An abstract of Professor Torto’s published article is below:

Commercial real estate is capital intensive, and Managers operate their businesses to serve the expectations of capital: to invest in and develop commercial real estate.

The first chapter investigates the operations of the global commercial real estate (hereafter, CRE) investment management business within the context of the changed environment of investing and developing into CRE since the global financial crisis and the subsequent Great Recession.

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