Honors Theses and Capstones
Date of Award
Spring 2014
Project Type
Senior Honors Thesis
College or School
PAUL
Department
Accounting and Finance
Program or Major
Business Administration
Degree Name
Bachelor of Science
First Advisor
Ahmad Etebari
Abstract
This study provides an overview of real estate investment performance over a 1983-2012 time period. The results show that although equity REITs outperformed all other assets on average annual return, on a risk-adjusted basis both private retail and apartment real estate outperformed all other assets. The study also found a recent trend in increased correlation between common stocks and REITs.
Recommended Citation
Kerrigan, John F., "US Real Estate Investment Performance: 1983-2012" (2014). Honors Theses and Capstones. 185.
https://scholars.unh.edu/honors/185
Included in
Finance and Financial Management Commons, Portfolio and Security Analysis Commons, Real Estate Commons