Honors Theses and Capstones

Date Completed

Spring 2014

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.

First Advisor

Ahmad Etebari

College or School

PAUL

Department or Program

Business Administration

Degree Name

Bachelor of Science

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