A Commercial Real Estate Matching Method for Return Estimations

被引：0

作者：

Robinson, Spenser ^{[1
]}

Reichert, Alan ^{[2
]}

机构：

[1] Cent Michigan Univ, Mt Pleasant, MI 48859 USA

[2] Cleveland State Univ, Cleveland, OH 44015 USA

来源：

JOURNAL OF REAL ESTATE RESEARCH | 2015年 / 37卷 / 04期

关键词：

INFORMATION; REGRESSION;

D O I：

暂无

中图分类号：

F8 [财政、金融];

学科分类号：

0202 ;

摘要：

In this paper, we apply hedonic regression to estimate the grid adjustment factors for a national sample of commercial office properties. We demonstrate the viability of hedonic grid regression in commercial real estate. Several robustness tests are employed to test the reliability of the empirical results. We find that the hedonic approach yields slightly more accurate and stable prediction results than a basic matching model without hedonic adjustments.

引用

页码：563 / 596

页数：34

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