Search Results - "SPRINGER, THOMAS M."

Economies of Scale and the Operating Efficiency of REITs: A Revisit by Highfield, Michael J., Shen, Lily, Springer, Thomas M.

“…Building on past research regarding the operating efficiency of Real Estate Investment Trusts (REITs) and recognizing the substantial changes in this industry…”
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Efficiency and Incentives in Residential Brokerage by Brastow, Raymond T., Springer, Thomas M., Waller, Bennie D.

“…The literature on broker intermediation in residential real estate has shown positive pricing effects associated with the use of a broker and mixed results as…”
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Limited Service Brokerage: Positive Broker Intermediation? by Rutherford, Jessica M., Rutherford, Ronald C., Springer, Thomas M., Mohr, Joseph E.

“…Recent research on limited service brokerage finds positive broker intermediation effects evidenced by price increases ranging from 2% to 6%. Time-on-market…”
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Valuation effects of REIT mergers and the role of diversification by Alexander, John C, Springer, Thomas M

“…Purpose Merging two real estate investment trusts (REITs) consolidates two real estate portfolios. The purpose of this paper is to provide further evidence on…”
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The Trade-off Between the Selling Price of Residential Properties and Time-on-the-Market: The Impact of Price Setting by Anglin, Paul M, Rutherford, Ronald, Springer, Thomas M

“…When a house is placed on the market, the seller must choose the initial offer price. Setting the price too high or too low affects the marketability of the…”
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Insider Trading in REITs: Evidence from Informed Stock Option Exercise Around Seasoned Equity Offerings by Cline, Brandon, Fu, Xudong, Springer, Thomas M., Tang, Tian

“…By merging real estate investment trust (REIT) seasoned equity offering (SEO) data with executive option exercise data, we investigate insider trading…”
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Evidence of Information Asymmetries in the Market for Residential Condominiums by Rutherford, Ronald C, Springer, Thomas M, Yavas, Abdullah

“…Previous research (Rutherford et al. 2005; Levitt and Syverson 2005) identify and quantify agency problems in the brokerage of single-family houses. Real…”
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Acquisition of equity REIT IPOs in the aftermarket by Alexander, John C, Cheng, Ping, Rutherford, Ronald C, Springer, Thomas M

“…Purpose - The purpose of this paper is to examine how long a real estate investment trust (REIT) initial public offer (IPO) survives until a merger occurs, and…”
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REIT Characteristics and the Sensitivity of REIT Returns by Allen, Marcus T, Madura, Jeff, Springer, Thomas M

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Single-family housing transactions: Seller motivations, price, and marketing time by Springer, ThomasM

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ECONOMIES OF SCALE AND COST EFFICIENCIES: A PANEL-DATA STOCHASTIC-FRONTIER ANALYSIS OF REAL ESTATE INVESTMENT TRUSTS by MILLER, STEPHEN M., CLAURETIE, TERRENCE M., SPRINGER, THOMAS M.

“…This paper extends the existing research on real estate investment trust (REIT) operating efficiencies. We estimate a stochastic‐frontier, panel‐data model…”
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The Financial Impact of Boycotts and Threats of Boycott by Koku, Paul Sergius, Akhigbe, Aigbe, Springer, Thomas M.

“…The impact of actual boycotts and threats of boycott on the value of target firms was analyzed using the event study methodology. The results are…”
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The Cost Efficiency of Real Estate Investment Trusts: An Analysis with a Bayesian Stochastic Frontier Model by Lewis, Danielle, Springer, Thomas M, Anderson, Randy I

“…Using a stochastic frontier methodology that incorporates Bayesian statistics, this paper analyzes the cost efficiency of real estate investment trusts (REITs)…”
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The Impacts of Contract Type on Broker Performance by Rutherford, Ronald C., Springer, Thomas M., Yavas, Abdullah

“…This paper offers a theoretical and empirical analysis of the exclusive agency and exclusive‐right‐to‐sell contracts used in real estate brokerage. The…”
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The Impact of Contract Type on Broker Performance: Submarket Effects by Rutherford, Ronald C., Springer, Thomas M., Yavas, Abdullah

“…Rutherford, Springer and Yavas (2001) develop and empirically test a model that analyzes the effect the type of listing contract, either exclusive agency (EA)…”
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The Effect of Development Impact Fees on Housing Values by Evans-Cowley, Jennifer, Lockwood, Larry J., Rutherford, Ronald C., Springer, Thomas M.

“…This paper examines the effects of impact fees on housing prices using data from 46,420 properties in 63 Texas cities, 38 of which impose an impact fee. After…”
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Market Signals Associated with REIT IPOs by Akhigbe, Aigbe, Johnston, Jarrod, Madura, Jeff, Springer, Thomas M

“…Previous studies have found signifi;cant but time-varying valuation effects associated with real estate investment trusts initial public offerings (REIT IPOs)…”
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REIT Selection and Portfolio Construction: Using Operating Efficiency as an Indicator of Performance by Anderson, Randy I., Springer, Thomas M.

“…A Real Estate Investment Trust (REIT) selection and portfolio construction criteria is developed based on REIT operating efficiency and pricing multiples…”
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DOCTORAL DISSERTATIONS by Springer, Thomas M.

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Implicit pricing across residential rental submarkets by Allen, Marcus T., Springer, Thomas M., Waller, Neil G.

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