Archive for the ‘J. Volume 8’ Category

8.00 – Introduction

[embeddoc url=”” height=”250px” download=”all”]   Preface, acknowledgements, introduction and description of papers included in this volume of JOSRE.

8.01 – Energy Efficiency in Multifamily Rental Homes: An Analysis of Residential Energy Consumption Data

[embeddoc url=”” height=”250px” download=”all”]   In this paper, we examine how energy consumption  differs  among  different residential housing types. Most previous research suggests that apartments are less energy efficient than single-family homes, whether owner-occupied or rental. In addition, principal-agent problems in rental housing are said to lead to greater energy consumption by renters. Using microdata […]

8.02 – Commercial Buildings: Energy Efficiency and Reliability with Electric, Smart, and Microgrids

[embeddoc url=”” height=”250px” download=”all”]   In this paper, we examine energy storage, peak load minimization, and demand response and how these new technologies are allowing commercial building owners to capitalize these value streams by implementing new technologies. The use of smart grids in commercial buildings can reduce total carbon emissions, placing building owners in an […]

8.03 – Value Capitalization Effects of Golf Courses, Waterfronts, Parks, Open Spaces, and Green Landscapes — A Cross-Disciplinary Review

[embeddoc url=”” height=”250px” download=”all”]   This article is a cross-disciplinary  literature  review  of  eight  environmental amenities and their marginal price effect on nearby residential property values. The purpose of the article is to present variation in price contributing effects of amenities on home values and   to identify most commonly used value capturing measurement variables, proximity […]

8.04 – Understanding Sustainability and the Australian Property Professions

[embeddoc url=”” height=”250px” download=”all”]   As the built environment produces a third of total greenhouse gas  emissions, there is potential for the sector to lead in mitigating global warming. Many terms describe sustainable buildings (e.g., green, ecological, environmentally friendly) but are they the same? Could it mean our understanding of sustainability is fragmented or confused? […]

8.05 – Green Residential Appraisals in the United States Context: Challenges and Opportunities

[embeddoc url=”” height=”250px” download=”all”]   Rigorous consideration of  green  and  high-performance  attributes  is  rarely included in the residential property valuation process. Drawing upon the  literature and interviews of  property valuation professionals,  in this I identify key barriers to scale-up of this emerging practice and opportunities for overcoming them. Key categories of opportunities include elevating the […]

8.06 – The Resilience of the Premium for Homes in New Urbanist Neighborhoods

[embeddoc url=”” height=”250px” download=”all”]   In  this  study,  I  analyze  longitudinal   differences   in   single-family home prices in two new urbanist neighborhoods versus surrounding conventional neighborhoods. Using data on 78,513 single-family home sales transactions in Montgomery County, Maryland, I adopt a novel multilevel methodology to assess the effects of neighborhood demographic, economic, and locational characteristics as […]

8.07 – Sustainable Building Attributes that Contribute to Employees’ Productivity — From the Tenant Perspective

[embeddoc url=”” height=”250px” download=”all”]   In this study, I ask office building tenants whether a building’s   environments would impact their productivity at the workplace. Multilevel logistic regression analysis is employed to identify which sustainable building attributes are significantly associated with their perceptions. The findings indicate that 58% of respondents recognize  that a building’s environments influence […]

8.08 – A Class of its Own: The Role of Sustainable Real Estate in a Multi-Asset Portfolio

[embeddoc url=”” height=”250px” download=”all”]   In this paper, we analyze the effect of socially responsible investments within a multi-asset portfolio optimization model. We also attempt to bridge the gap in the real estate literature between sustainability principles and investment analysis. To this aim, listed real estate companies with an active sustainability agenda, identified through the […]

8.09 – 2015 ARES Journal Manuscript Prize Winners

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Complete Volume 8

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