We study the impact of green building on loans in the CMBS market. A hazard model shows
green buildings carry 34% less default risk, all else equal. A matched‐sample analysis gives …

To the extent that a property portfolio is dependent on a small number of tenants for a large
proportion of rental revenue, the portfolio has a concentrated tenant base. This article …

Over the last 20 years, online shopping has evolved into a major threat to the physical retail
store. We investigate whether retail real estate investors price e-commerce as an investment …

Urban areas have long had shopping districts in which retail properties are concentrated. It
is argued that the diversity of retail tenants, often called tenant mix, contributes to the image …

This paper examines how a concentrated tenant base affects the operating performance and
market valuations of US REITs. We observe that REITs adopting a concentrated tenant base …

This study uses a granular dataset to examine the impact of relationships between banks
and borrowers and sponsor sizes on the credit spread and the associated underwriting fees …

Climate change is increasingly acknowledged as a fundamental risk to the stability of the
financial system. The linkage between residential mortgage lending and local heatwave …

We investigate the predictive value of tenant stock market performance for retail real estate
transaction prices. In our empirical investigation, we focus on discount and non-discount (ie …

The study examines risk-specific determinants of credit spreads and underwriting practices
for non-recourse commercial real estate loans using property and loan characteristics. We …

Research question: The study researches the key success factors of a shopping mall project
(SM) from the perspective of creditors in Serbia. Motivation: In Serbia, the retail landscape …