ARES Twenty-Seventh Annual Meeting Agenda – April 13-16, 201- Papers and Panel Sessions THURSDAY, APRIL 14, 2011 7:00am - 9:45am 8:00am - 10:00am 10:15am – noon 1:30pm - 3:30pm Session 1: Real Estate Panel 1: Women's Breakfast and Linkages/Partnerships between Academia and Industry for Women Session 2: Externality Measurement and Implications 1 Session 3: Brokerage 1: Transactions Session 4: Commercial Real Estate 1: Mortgage and Risk Assessment Session 5: Spatial Analysis / GIS Session 6: Investment and Portfolio Management 1 Session 7: Real Estate Panel 2: Mortgage Fraud Awareness Panel Session 8: Externality Measurement and Implications 2 Session 9: Brokerage 2: Agents Session 10: Urban Growth 1: Globalization Session 11: Behavioral Economics and Finance Session 12: Government 1: Condemnation and Eminent Domain Session 13: Education Session 1: Panel - A Primer on Teaching Session 14: Education Session 2: Panel - Recruiting students to undergraduate, graduate and executive real estate programs Session 15: REITs 1 Session 16: Sustainable Real Estate and Development 1 Session 17: Commercial Real Estate 2: Destination Development and Infrastructure Session 18: Indices of Comparative Measurements 1: Housing Session 19: Government 2: Valuation Session 20: Portfolio Management, Cycles, Dynamics, Simulation Session 21: Education Session 3: Panel - Using Professionals in the Classroom and the Program FRIDAY, APRIL 15, 2011 8:00am - 10:00am 10:15am – noon 1:15pm - 3:15pm 3:30pm - 5:15pm Session 22: REITs 2 Session 23: Housing 1 Session 24: Commercial Real Estate 3: Apartments Session 25: Indices of Comparative Measurements 2: Commercial Session 26: Government 3: Mortgages Session 27: Education Session 4: Real Estate Curriculum/Courses 1 Session 28: Real Estate Panel 3: Real Estate Appraisal Law Session 29: Spatial And Economic Market Interdependencies Session 30: Government 4: Taxation and Regulation Session 31: International Market Evaluation Session 32: Sustainable Real Estate and Development 2 Session 33: Investment and Portfolio Management 2 Session 34: Real Estate Panel 4: Emerging Trends in Seniors Housing Session 35: Education Session 5: Panel - Assurance of Learning: Assessment and the AACSB Session 36: Government 5: Regulation Session 37: Housing 2 Session 38: Commercial Real Estate 4: Apartments Session 39: Appraisal/Valuation Session 40: Sustainable Real Estate and Development 3 Session 41: Real Estate Panel 5: Northwest Real Estate Session 42: Education Session 6: Panel - ARGUS in the Classroom Session 43: REITs 3 Session 44: Urban Growth 2: Infrastructure and Economic Base Session 45: International Real Estate 1 Session 46: Government 6: Mortgages Session 47: Government 7: International Session 48: Real Estate Panel 6: Trade Association and Academic Association Leadership Session 49: Education Session 7: Panel - Real Estate Development and Repositioning in the Curriculum: What is new? SATURDAY, APRIL 16, 2011 8:00am - 10:00am 10:15am – noon Session 50: Urban Growth 3: Cycles Session 51: Sustainable Real Estate and Development 4 Session 52: Housing 3 Session 53: Education Session 8: Real Estate Curriculum/Courses 2 Session 54: Real Estate Panel 7: Public Sector Realty Lab I: An Inter-Academic Panel on Symposium Highlights, ROI Sub "o", & P3 Case Studies Session 55: Real Estate Panel 8: Real Estate Data Session 56: Government 8: Mortgages Session 57: International Real Estate 2 Session 58: REITs 4 Session 59: Real Estate Panel 9: Public Sector Realty Lab II: Public Sector Industry Response Panel by Local State Governments of Washington & Oregon Session 60: Education Session 9: Education Committee Caucus and Planning Session Session 61: Building Large Bridges Of Thought In Real Estate Thursday 7:00AM-10:00AM Program Sessions April 14 7:00AM-10:00AM HARBOR ROOM · SESSION 1: REAL ESTATE PANEL 1: WOMEN'S BREAKFAST AND LINKAGES/PARTNERSHIPS BETWEEN ACADEMIA AND INDUSTRY FOR WOMEN Chair: Larry Souza Johnson Souza Group surfsouza@yahoo.com Panelists: Jane Londerville University of Guelph jlonderv@uoguelph.ca Elysia Tse BlackRock Financial Management Inc. elysia.tse@blackrock.com Margaret McFarland University of Maryland mmcf@umd.edu Susanne E. Cannon DePaul University scannon@depaul.edu Marsha Courchane CRA International mcourchane@crai.com Sofia V. Dermisi Roosevelt University sdermisi@roosevelt.edu Blake Eagle National Council for Real Estate Investment Fiduciaries bleagle@ncreif.org Monica Parikh Enatai Realty Advisors monicaparikh@comcast.net Laura Huntington Institutional Property Consulting Lhuntington@ipconline.com Lori Mason Curran Vulcan, Inc. loric@vulcan.com Elaine M. Worzala Clemson University eworzal@clemson.edu 8:00AM-10:00AM Program Sessions Thursday April 14 8:00AM-10:00AM GRAND PACIFIC BALLROOM A-B · SESSION 2: EXTERNALITY MEASUREMENT AND IMPLICATIONS 1 Chair: Richard D. Evans University of Memphis richard.d.evans@memphis.edu Paper 1: "Debundling Property Rights in Contaminated Land: A Commercial Case Study" Contact Author: Robert A. Simons Discussant: Clifford A Lipscomb Levin College of Urban Affairs Greenfield Advisors r.simons@csuohio.edu cliff@greenfieldadvisors.com Ronald L. Throupe University of Denver rthroupe@du.edu Paper 2: "An Investigation of the Impact of Insurance Premium Levels on House Prices" G. Stacy Sirmans Florida State University gsirmans@cob.fsu.edu Randy Dumm Florida State University rdumm@cob.fsu.edu Greg Smersh University of South Florida gsmersh@usf.edu Paper 3: "Hurricane Risk and Coastal Property Owner Choices" Contact Author: J. Edward Graham University of North Carolina-Wilmington edgraham@uncw.edu Robert T Burrus, Jr UNCW burrusr@uncw.edu Christopher F. Dumas UNC Wilmington dumasc@Uncw.edu Paper 4: "Real Estate Impacts of the Gulf Oil Spill" Contact Author: John A. Kilpatrick Greenfield Advisors, LLC john@greenfieldadvisors.com Paper 5: "Home Values in the Gulf" Contact Author: Lary B. Cowart University of Alabama @ Birmingham lcowart@uab.edu Discussant: John A. Kilpatrick Greenfield Advisors, LLC john@greenfieldadvisors.com Stephanie Yates Rauterkus University of Alabama at Birmingham Srauter@uab.edu Andreas H. Rauterkus University of Alabama at Birmingham arauter@uab.edu Paper 6: "The Effect of Intra-Project Location on the Value of Oceanfront Condominium Properties " Contact Author: Bruce Gordon University of North Alabama blgordon@una.edu Leonard V. Zumpano University of Alabama lzumpano@cba.ua.edu J. Doug Barrett University of North Alabama jdbarrett@una.edu 8:00AM-10:00AM Program Sessions Thursday April 14 8:00AM-10:00AM SEAPORT ROOM · SESSION 3: BROKERAGE 1: TRANSACTIONS Chair: Douglas A. ZuHone Eastern Illinois University dazuhone@eiu.edu Paper "Inner City Lease Price Development under Competitive Stress Using the 1: Example of Regensburg" Contact Dr. Kurt Klein Author: International Real Estate Business School (IREBS) kurt.klein@irebs.de Matthias Segerer International Real Estate Business School (IREBS) matthias.segerer@irebs.de Paper "The Commercial Office Market and the Mark-up for Full Service Leases" 2: Contact Thomas M. Springer Discussant: Eva M Steiner Author: Clemson University Department of Land Economy springe@clemson.edu es434@cam.ac.uk Jonathan Wiley Clemson University jwiley@clemson.edu Paper 3: "Long-Term Inflation Hedging Properties of Direct Real Estate Investment: A Methodology to Study Inflations Pr otection Given the Lease Str uctur e and the Indexation Uses" Contact Charles-Olivier Amedee-Manesme Discussant: Philip A Seagraves Author: THEMA - University of CergyGeorgia State University Pontoise pseagraves2@gsu.edu charleso.amedeemanesme@gmail.com Michel Baroni Essec Baroni@essec.edu Fabrice Barthelemy THEMA fabrice.barthelemy@eco.u-cergy.fr Etienne Dupuy BNP Paribas Real Estate Investment Services etienne.dupuy@bnpparibas.com Paper "The Motivating Causes of Dual Agency Transactions: Specialization and 4: Incentives" Contact Raymond Brastow Author: Longwood University brastowrt@longwood.edu Thomas M. Springer Clemson University springe@clemson.edu Bennie Waller Longwood University wallerbd@longwood.edu Paper "The Role of Transaction Costs in Impeding Market Exchange in Real Estate" 5: Contact Scott Wentland Author: Longwood University wentlandsa@longwood.edu Bennie Waller Longwood University wallerbd@longwood.edu 8:00AM-10:00AM Program Sessions Thursday April 14 8:00AM-10:00AM GRAND PACIFIC BALLROOM F · SESSION 4: COMMERCIAL REAL ESTATE 1: MORTGAGE AND RISK ASSESSMENT Chair: Marc Richard Thompson Bank of the West marc.thompson@bankofthewest.com Paper "Trust in Corporate Real Estate Outsourcing Relationships" 1: Contact Karen M. Gibler Author: Georgia State University kgibler@gsu.edu Julia Freybote Georgia State University redjffx@langate.gsu.edu Paper "Mitigating the Effects of Recessions on Commercial Real Estate Appreciation" 2: Contact Michael Taylor Author: Property & Portfolio Research, a Costar Company michael.taylor@pprglobal.com Paper "The Relationship between Tenant Quality and REIT Risk & Performance" 3: Contact Peng Liu Discussant: Ruijue Peng Author: Cornell University - Center for Real PPR, A Costar Company Estate Finance rpeng@pprglobal.com pl333@cornell.edu Crocker Liu Cornell University - Center for Real Estate Finance chl62@cornell.edu Paper 4: "Strategic Interaction in Setting Commercial Office Rents: Evidence from Lease Voucher Data in Houston" Contact Author: Serguei Chervachidze CBRE Econometric Advisors serguei.chervachidze@cbre.com Janet Kohlhase Department of Economics, University of Houston jkohlhase@uh.edu Paper "Innovative Vehicles for Financing Infrastructure Provision and the Public 5: Private" Contact Joseph Bamidele Oyedele Discussant: David J Moore Author: University of Ulster University of Memphis oyedele-j@email.ulster.ac.uk djmphd@gmail.com Alastair Adair University of Ulster-Jordanstown as.adair@ulster.ac.uk Stanley McGreal University of Ulster-Jordanstown ws.mcgreal@ulster.ac.uk Thursday 8:00AM-10:00AM Program Sessions April 14 8:00AM-10:00AM GRAND PACIFIC BALLROOM G · SESSION 5: SPATIAL ANALYSIS / GIS Chair : Tony Hernandez Ryerson University thernand@research.ryerson.ca Pape "An Optimal Method for Determining Tenant Mix (Including Location) in Shopping r 1: Centers" Contact Charles C. Carter Discussan Tony Hernandez Author: Haint Blue Realty, LLC t: Ryerson University cccarter2010@yahoo.com thernand@research.ryerson.ca Marcus Timothy Allen Professor & Director of the Carter Real Estate Center allent@cofc.edu William J. Haloupek Burlington County College, Department of Mathematics haloupek@gmail.com Pape "Real Space, Unreal Assumptions and Behavioral Space in Real Estate" r 2: Contact M. Gordon Brown Author: Space Analytics brown.mg@spaceanalytics.com Pape "Chain Affiliation, Store Prestige and Shopping Center Rents - A Canadian Case r 3: Study" Contact François Des Rosiers Discussan Eric Viveiros Author: Dept. of Finance, Insurance & t: Caisse de dépôt et placement du Québec Real Estate, Faculty of eviveiros@lacaisse.comeviveiros@lacaisse Business Admin., Laval .com University Francois.Desrosiers@fsa.ulava l.ca Marius Thériault Graduate School for Land Planning and Research, Laval University Marius.Theriault@crad.ulaval.ca Pape "Retail Structure and Demand Threshold Analysis: Converging Literatures " r 4: Bill Dwan Dublin Institute of Technology Bill.Dwan@dit.ie 8:00AM-10:00AM Program Sessions Thursday April 14 8:00AM-10:00AM GRAND PACIFIC BALLROOM C · SESSION 6: INVESTMENT AND PORTFOLIO MANAGEMENT 1 Chair: Mark A. Sunderman The University of Memphis msndrman@memphis.edu Paper 1: "Distinguishing between Operational Risk and Market Risk: Evidence using CoStar Data" Contact Author: Tom G. Geurts NYU Schack Institute of Real Estate tgg2@nyu.edu James F. Black, Jr. NYU Schack Institute of Real Estate jimfblack@comcast.net Paper 2: "Real Property Cost Segregation: A Case Study" Contact Author: H. Shelton Weeks Discussant: Mark A. Sunderman Florida Gulf Coast University The University of Memphis sweeks@fgcu.edu msndrman@memphis.edu Raymond Placid Florida Gulf Coast University rplacid@fgcu.edu Paper 3: "Sustainability in Commercial Real Estate in India " Contact Author: Anil Kashyap Discussant: Sanjeev Kumar University of Ulster University of Memphis a.kashyap@ulster.ac.uk skumar7@memphis.edu Jim Berry University of Ulser Jordanstown jn.berry@ulster.ac.uk Paper 4: "Developing a National Framework for Introducing RETIs in China-A Lengthy Process" Contact Author: Roxanne B. Andrieux Grenoble Graduate School of Management roxanneandrieux@hwpg.com Paper 5: "Private Equity and Real Estate Development Understanding and Teaching Joint Venture Structures" Contact Author: David Hutchison University of Notre Dame dhutchis@nd.edu Paper 6: "Energy Consumption Disclosure in Real Estate Sales: Has Its Time Arrived?" Contact Author: Robert J. Aalberts University of Nevada, Las Vegas robert.aalberts@unlv.edu Thursday 8:00AM-10:00AM Program Sessions 8:00AM-10:00AM GRAND PACIFIC BALLROOM E · SESSION 7: REAL ESTATE PANEL 2: MORTGAGE FRAUD AWARENESS PANEL Chair: Dennis A Scardilli, Esq Law Office of Dennis A. Scardilli L.L.C. DAS@DASEsq.com Panelists: Michael H. Stolworthy HUD-OIG mstolworthy@hudoig.gov April 14 Thursday 10:15AM-NOON Program Sessions April 14 10:15AM-NOON GRAND PACIFIC BALLROOM A-B · SESSION 8: EXTERNALITY MEASUREMENT AND IMPLICATIONS 2 Chair: Brian Ceh Ryerson University bceh@ryerson.ca Paper 1: "Spatial Penetration and Performance Of Leed Ratings & Certification Levels Among Office Buildings" Contact Author: Sofia V. Dermisi Roosevelt University sdermisi@roosevelt.edu Paper 2: "Spatial and Temporal Effects of a New Amenity on Residential Property Prices: Differences by Structure Type" Contact Author: Ekaterina Chernobai Discussant: Eli Beracha California State Polytechnic East Carolina University University Pomona berachae@ecu.edu echernobai@csupomona.edu Paper 3: "Train Horn Noise Influencing Value, Rent, and Vacancy and Collection Losses: Surveys of Appraisers, Residents, Tenants, and Brokers" Contact Author: Richard D. Evans University of Memphis richard.d.evans@memphis.edu Ryan B. Hanson University of Memphis rbhanson@memphis.edu John E Gnuschke University of Memphis jgnuschk@memphis.edu Martin E. Lipinski University of Memphis mlipinsk@memphis.edu Ethan W. Skaggs University of Memphis ewskaggs@memphis.edu Paper 4: "Regional Amenities And Home Ownership Affordability" Contact Author: Verena Bentzien EBS Real Estate Management Institute verena-frauke.bentzien@ebs.de Nico B. Rottke EBS Universität nico.rottke@ebs.edu Joachim Zietz EBS Real Estate Management Institute joachim.zietz@ebs.edu Paper 5: "Using Contingent Valuation to Measure Property Value Impacts" Clifford A Lipscomb Greenfield Advisors cliff@greenfieldadvisors.com Paper 6: "Comparing the Impact of Wal-Mart Stores across Urban Settings in the Toronto Region" Contact Author: Tony Hernandez Ryerson University thernand@research.ryerson.ca Brian Ceh Ryerson University bceh@ryerson.ca Yama Niwand Ryerson University thernand@research.ryerson.ca Daniel Greco Ryerson University thernand@research.ryerson.ca Thursday 10:15AM-NOON Program Sessions April 14 10:15AM-NOON SEAPORT ROOM · SESSION 9: BROKERAGE 2: AGENTS Chair: Christopher A. Manning Loyola Marymount University cmanning@lmu.edu Paper 1: "Can Real Estate Agents Influence Homebuyer Property Perceptions Through Their Appearance and Hyperbolic Rhetoric?" Contact Author: Michael J. Seiler Discussant: Daniel T. Winkler Old Dominion University University of North Carolinamseiler@odu.edu Greensboro dt_winkler@uncg.edu Mark Lane Hawaii Pacific University mlane@hpu.edu Vicky L Seiler Johns Hopkins University vickyseiler@cox.net David M. Harrison Texas Tech University david.m.harrison@ttu.edu Paper 2: "Negotiating the Gender Gap: Real Estate Agent Performance at the Bargaining Table" Contact Author: Paul Gallimore Georgia State University redpgg@langate.gsu.edu Philip A Seagraves Georgia State University pseagraves2@gsu.edu Paper 3: "What You Say Matters: The Impact of Broker Vernacular on Property Marketing Outcomes" Contact Author: H. Shelton Weeks Florida Gulf Coast University sweeks@fgcu.edu Discussant: Michael J. Seiler Old Dominion University mseiler@odu.edu Bennie Waller Longwood University wallerbd@longwood.edu Kimberly Goodwin University of Southern Mississippi kimg.phd@gmail.com Paper 4: "Gender Bias and Residential Mortgage Financing Costs" Contact Author: Alan J. Ziobrowski Discussant: Christopher A. Manning Georgia State University Loyola Marymount University aziobrowski@gsu.edu cmanning@lmu.edu Alan E Ferguson, Sr. Georgia State University redaefx@langate.gsu.edu Paper 5: "Listing Contract Terms and the Simultaneous Determination of Time on Market and Selling Price" Contact Author: Bennie Waller Longwood University wallerbd@longwood.edu Raymond Brastow Longwood University brastowrt@longwood.edu Randy I. Anderson University of Central Florida randerson@bus.ucf.edu Geoffrey K. Turnbull Georgia State University gturnbull@gsu.edu Thursday 10:15AM-NOON Program Sessions April 14 10:15AM-NOON GRAND PACIFIC BALLROOM F · SESSION 10: URBAN GROWTH 1: GLOBALIZATION Chair: Zhixi Cecilia Zhuang School of Urban & Regional Planning, Ryerson University zczhuang@ryerson.ca Paper 1: "Does the Creative Class Create Better Cities?" Contact Author: Timothy M. Craft Wichita State University timothy.craft@wichita.edu Jeffrey A. Zimmerman University of Wisconsin-Whitewater zimmermj@uww.edu Paper 2: "City, Offshoring, and Quality of Life " Contact Author: Sanjeev Kumar Discussant: Sven Conventz University of Memphis Munich Institute of Technology skumar7@memphis.edu conventz@tum.de Paper 3: "A New Tool for Risk Assessment The Inter national Pr oper ty Mar kets Scorecard" Contact Author: William E Endsley Discussant: Simon Stevenson Georgetown University Henley Business School, bill.e@sbcglobal.net University of Reading s.a.stevenson@reading.ac.uk Charles Schilke Georgetown University mp476@georgetown.edu Steve Williams Global Advisor, Real Capital Analytics swilliams@rcanalytics.com Paper 4: "New Multifunctional and Multimodal Office Quarters in the Pull of International Hub Airports. A Status Report from Frankfurt And Duesseldorf, Germany." Contact Author: Sven Conventz Munich Institute of Technology conventz@tum.de Paper 5: "New Trends of Asian Themed Mall Developments in the Greater Toronto Area, Canada" Contact Author: Zhixi Cecilia Zhuang School of Urban & Regional Planning, Ryerson University zczhuang@ryerson.ca Thursday 10:15AM-NOON Program Sessions April 14 10:15AM-NOON HARBOR ROOM · SESSION 11: BEHAVIORAL ECONOMICS AND FINANCE Chair: Dennis A Scardilli, Esq Law Office of Dennis A. Scardilli L.L.C. DAS@DASEsq.com Paper 1: "Assessing Potential Redlining in Credit Card Line Decisions" Contact Author: Yan Zhang Discussant: Serguei Chervachidze Office of the Comptroller of the CBRE Econometric Advisors Currency serguei.chervachidze@cbre.com yan.zhang@occ.treas.gov Paper 2: "Down Payment Constraints and Saving Behavior of Prospective Homeowners" Contact Author: Peter Westerheide Centre for European Economic Research westerheide@zew.de Paper 3: "Real Estate Risk Management 2.0: Mitigating the Risks of Social Networking" Contact Author: Mary Ann Hallenborg, Esq. Discussant: M. Gordon Brown Drexel University Space Analytics mmh86@drexel.edu brown.mg@spaceanalytics.com Irv Marc Schlanger Drexel University ims26@drexel.edu Paper 4: "Role of News Media in Facilitating Housing Bubble and Crash" Contact Author: Glenn E. Crellin Washington State University crellin@wsu.edu Jeff Doan Washington State University jefftdoan@aol.com Lars Odegaard Washington State University lars_odegaard@wsu.edu Paper 5: "Commercial Real Estate Cycles: A Behavioral Approach" Contact Author: Terry Vaughn Grissom University of Washington tvg2@u.washington.edu James R. DeLisle University of Washington jdelisle@u.washington.edu Thursday 10:15AM-NOON Program Sessions April 14 10:15AM-NOON GRAND PACIFIC BALLROOM G · SESSION 12: GOVERNMENT 1: CONDEMNATION AND EMINENT DOMAIN Chair: Robert J. Aalberts University of Nevada, Las Vegas robert.aalberts@unlv.edu Paper 1: "Real Estate Condemnation in a Changing Market:" Contact Author: John A. Kilpatrick Greenfield Advisors, LLC john@greenfieldadvisors.com Paper 2: "Does It Pay to Context Eminent Domain" Contact Author: Ron Throupe University of Denver rthroupe@du.edu Marc Mueller Mueller llc marcmueller@hotmail.com Paper 3: "Customary Land Holdings and Consequential Rights to Compensation Claims in Ghana" Contact Author: Emmanuel Tetteh Martey Discussant: Wilfred K. Anim-Odame Ghana Institution of Surveyors Land Valuation Division, Lands (GhIS), Africa Real Estate Commission Society( AfRES) animodame@hotmail.com profmartey@yahoo.com Paper 4: "Compulsory Acquisition and Compensation in Ghana: principles and practice" Contact Author: Wilfred K. Anim-Odame Land Valuation Division, Lands Commission animodame@hotmail.com Thursday 10:15AM-NOON Program Sessions April 14 10:15AM-NOON GRAND PACIFIC BALLROOM C · SESSION 13: EDUCATION SESSION 1: PANEL A PRIMER ON TEACHING Chair: C. Ramon Griffin Metropolitan State College of Denver griffinr@mscd.edu Panelists: Rosemary Carucci Goss Virginia Polytechnic Institute and State University rgoss@vt.edu Michael J. Highfield Mississippi State University m.highfield@msstate.edu Osama S. M. Khan University of Surrey o.khan@surrey.ac.uk Katherine Pancak University of Connecticut katherine.pancak@business.uconn.edu David Wyman Clemson University DWYMAN@clemson.edu Thursday 10:15AM-NOON Program Sessions April 14 10:15AM-NOON GRAND PACIFIC BALLROOM E · SESSION 14: EDUCATION SESSION 2: PANEL RECRUITING STUDENTS TO UNDERGRADUATE, GRADUATE AND EXECUTIVE REAL ESTATE PROGRAMS Chair: Jane Londerville University of Guelph jlonderv@uoguelph.ca Panelists: David L. Funk Cornell University dfunk@cornell.edu Karl-Werner Schulte Universitat Regensburg schulte.irebs@t-online.de Elaine M. Worzala Clemson University eworzal@clemson.edu Thursday 1:30PM-3:30PM Program Sessions April 14 1:30PM-3:30PM SEAPORT ROOM · SESSION 15: REITS 1 Chair: James Frew Willamette University jfrew@willamette.edu Paper 1: "Leveraged ETF Trading Effects on REIT Share Volatility" Contact Author: Vaneesha Boney, PhD University of Denver vboney@du.edu Hany S. Guirguis Manhattan College hany.guirguis@manhattan.edu Glenn R. Mueller University of Denver glenn.mueller@du.edu Paper 2: "The Interaction of Volatility, Volume and Skewness in a Maturing Sector: Empirical Evidence on REITs" Contact Author: Simon Stevenson Henley Business School, University of Reading s.a.stevenson@reading.ac.uk Elaine Hutson Smurfit School of Business, University College Dublin elaine.hutson@ucd.ie Paper 3: "Bank Failures and REIT Returns " Contact Author: Malte Helmut Raudszus Discussant: James Frew TU Darmstadt Willamette University raudszus@bwl.tu-darmstadt.de jfrew@willamette.edu Jan-Willem Olliges IREBS Institute jan-willem.olliges@irebs.de Paper 4: "Opinion Divergence and REIT Post-Repurchase Announcement Drift" Contact Author: Ming-Shiun Pan Discussant: Glenn R. Mueller Shippensburg University University of Denver mspan@ship.edu glenn.mueller@du.edu Gow-Cheng Huang Alabama State University huang433@gmail.com Kartono Liano Mississippi State University kliano@cobilan.msstate.edu Paper 5: "The Benefits of Traditional and Non-traditional REITs to Private Real Estate" Contact Author: Stephen L Lee City University London Stephen.Lee.1@city.ac.uk Thursday 1:30PM-3:30PM Program Sessions April 14 1:30PM-3:30PM HARBOR ROOM · SESSION 16: SUSTAINABLE REAL ESTATE AND DEVELOPMENT 1 Chair: Karl L. Guntermann Arizona State University karl.guntermann@asu.edu Paper 1: "The Political Philosophy and Economy of Commercial Real Estate Investment" Contact Author: Larry Souza Discussant: Larry Wofford Johnson Souza Group University of Tulsa surfsouza@yahoo.com larrywoff@yahoo.com Paper 2: "Residential Land Values and Walkability" Contact Author: Stephanie Yates Rauterkus Discussant: Sanjeev Kumar University of Alabama at University of Memphis Birmingham skumar7@memphis.edu Srauter@uab.edu Norm G. Miller CoStar and University of San Diego nmiller@sandiego.edu Paper 3: "Flight to Quality? An Investigation of the Attributes of Sold Properties in Hot and Cold Markets" Contact Author: Pat McAllister University of Reading p.m.mcallister@rdg.ac.uk Franz Fuerst University of Reading f.fuerst@reading.ac.uk Petros Sivitanides Neapolis University Pafos p.sivitanides@nup.ac.cy Paper 4: "Reurbanism or Bigger Burbs? The Implications of Demographic Change for Housing Demand in Cities and Suburbs." Contact Author: Christopher Bitter Discussant: Karl L. Guntermann University of Washington Arizona State University bitter@u.washington.edu karl.guntermann@asu.edu Paper 5: "Green Residential Property in Germany An Empir ical Sur vey on the Importance of Sustainable Housing" Contact Author: Stephan Kippes Nürtingen-Geislingen University stephan.kippes@hfwu.de Paper 6: "Greyfield Retail in Canada? " Contact Author: Tony Hernandez Ryerson University thernand@research.ryerson.ca Thursday 1:30PM-3:30PM Program Sessions April 14 1:30PM-3:30PM GRAND PACIFIC BALLROOM F · SESSION 17: COMMERCIAL REAL ESTATE 2: DESTINATION DEVELOPMENT AND INFRASTRUCTURE Chair: Crystal Y Lin Eastern Illinois University cylin@eiu.edu Paper 1: "Major League Stadium Development, Benefits Estimation and Economic Diversification Effects " Contact Author: L. Jide Iwarere Howard University liwarere@howard.edu John E. Williams Morehouse College jwilliam@morehouse.edu Nedra M Mahone Morehouse College nmahone@morehouse.edu Paper 2: "Makes Dollars & Sense for the Golf Industry" Contact Author: David Hueber Clemson University dbhueber@gmail.com Paper 3: "Returns Based Evaluation Frameworks for Urban Renewal: An International Comparative" Contact Author: Martin Haran University of Ulster m.haran@ulster.ac.uk Jim Berry University of Ulser Jordanstown jn.berry@ulster.ac.uk Alastair Adair University of Ulster-Jordanstown as.adair@ulster.ac.uk Allan D. Kotin Allan D. Kotin & Associates (ADK&A). akotin@adkotin.com Richard Peiser Harvard University rpeiser@gsd.harvard.edu Bing Wang Harvard University bwang@gsd.harvard.edu Paper 4: "Property Sector Diversification in Domestic Real Estate Portfolios: A Cointegrative Approach" Contact Author: Ying Zhang Department of Economics, Finance, and Real Estate clementchang23@hotmail.com Paul Gallimore Georgia State University redpgg@langate.gsu.edu J. Andrew Hansz Department of Finance and Business Law, California State University, Fresno hansz@gazarian.info Wikrom Prombutr School of Business Administration, University of North Carolina at Pembroke wikrom.prombutr@uncp.edu Paper 5: "Time on the Market and Sale Price of NPL Asset" Contact Author: Fong-Yao Chen Discussant: H. Shelton Weeks Department of Land Economics, Florida Gulf Coast University National Chengchi University sweeks@fgcu.edu fychen@nccu.edu.tw Jen-Hsu Liang Department of Natural Resources, Chinese Culture University lrx@faculty.pccu.edu.tw Paper 6: "Site Selection for Self-storage Facilities in Canada" Contact Author: Shuguang Wang Ryerson University swang@ryerson.ca Stephen Swales Ryerson University swang@ryerson.ca Thursday 1:30PM-3:30PM Program Sessions April 14 1:30PM-3:30PM GRAND PACIFIC BALLROOM A-B · SESSION 18: INDICES OF COMPARATIVE MEASUREMENTS 1: HOUSING Chair: Jeffrey D. Fisher Indiana University fisher@indiana.edu Paper 1: "Forecasting the S&P/Case-Shiller Home Price Index for Los Angeles & San Diego by Use of Agent-Based Modeling" Contact Author: Mak Kaboudan Discussant: Jeffrey D. Fisher University of Redlands Indiana University Mak_Kaboudan@Redlands.edu fisher@indiana.edu Paper 2: "Affordable Housing: An Empirical Analysis of Differential Cost Drivers & Performance Metrics" Contact Author: James R. DeLisle University of Washington jdelisle@u.washington.edu Terry Vaughn Grissom University of Washington tvg2@u.washington.edu Julie Kriegh PhD Program in Built Environment Julie@kriegharchitects.com Paper 3: "A Model Agent Effort Allocation" Randy I. Anderson University of Central Florida randerson@bus.ucf.edu Hany S. Guirguis Manhattan College hany.guirguis@manhattan.edu Geoffrey K. Turnbull Georgia State University gturnbull@gsu.edu Paper 4: "Robust Repeat Sales Indexes" Contact Author: Steven C Bourassa University of Louisville steven.bourassa@louisville.edu Eva Cantoni University of Geneva eva.cantoni@unige.ch Martin E. Hoesli University of Geneva martin.hoesli@unige.ch Paper 5: "Monetary Policy, Inflation and House Prices in the U.S. " Contact Author: Tsoyu Calvin Lin Discussant: Jeffrey D. Fisher National ChengChi University Indiana University Taiwan fisher@indiana.edu tsoyulin@nccu.edu.tw TsungHan Lin ChaoYang University of Technology s939801@mail.yzu.edu.tw Thursday 1:30PM-3:30PM Program Sessions April 14 1:30PM-3:30PM GRAND PACIFIC BALLROOM G · SESSION 19: GOVERNMENT 2: VALUATION Chair: Paper 1: Richard D. Evans University of Memphis richard.d.evans@memphis.edu "Addressing Appraisal Creep in Property Taxation: Alternatives to Traditional Taxation Methods" Paul R. Goebel Texas Tech University paul.goebel@ttu.edu Paper 2: "An Investigation into Valuation Bias: The Role of Decision Support Tools in Debiasing Valuation Judgments" Contact Author: Paul Gallimore Georgia State University redpgg@langate.gsu.edu O. Alan Tidwell Georgia State University redaox@langate.gsu.edu Paper 3: "Addressing Equity Concerns in the Use of Simplified Appraisal Approaches for Property Taxes" Peadar T Davis School of the Built Environment / Built Environment Research Institute PT.Davis@ulster.ac.uk Paper 4: "Accounting for Structural and Location Variables in a Weighted Regression: Combining GWR and LOESS " Contact Author: Andy Krause Greenfield Advisors & University of Washington Andy@greenfieldadvisors.com Paper 5: "External Economies and the Urban Form. Evidence from US Metropolitan Office Markets" Contact Author: Ruben Cox RSM Erasmus University rcox@rsm.nl Maarten Jennen ING Real Estate MJennen@rsm.nl Yuming Fu National University of Singapore rstfuym@nus.edu.sg Thursday 1:30PM-3:30PM Program Sessions April 14 1:30PM-3:30PM GRAND PACIFIC BALLROOM E · SESSION 20: PORTFOLIO MANAGEMENT, CYCLES, DYNAMICS, SIMULATION Chair: Annette Kämpf-Dern Technische Universität Darmstadt kaempf-dern@bwl.tudarmstadt.de Paper 1: "Simulating Real Estate Returns with Uncertain Operational Cash Flows" Contact Author: Andreas Pfnür Technische Universität Darmstadt pfnuer@bwl.tu-darmstadt.de Stefan Armonat Technische Universität Darmstadt pfnuer@bwl.tu-darmstadt.de Christoph Schetter Technische Universität Darmstadt pfnuer@bwl.tu-darmstadt.de Paper 2: "Pro-Cyclical Leverage, Liquidity and Commercial Property Values: Correlation, Causation and Feedback Dynamics" Contact Author: Jim Clayton Cornerstone Real Estate Advisers, LLC jclayton@cornerstoneadvisers.com Liang Peng University of Colorado at Boulder Liang.Peng@Colorado.EDU Paper 3: "Living with Terminal Capitalization Rates: A Look at Real Estate" Contact Author: Jack B. Corgel Cornell University jc81@cornell.edu Hyun Seok Lee Department of Real Estate Science HSL3@konkuk.ac.kr Paper 4: "Nomenclature, Scope of Service, and Interfaces of Real Estate Investment" Contact Author: Annette Kämpf-Dern Technische Universität Darmstadt kaempf-dern@bwl.tu-darmstadt.de Andreas Pfnür Technische Universität Darmstadt pfnuer@bwl.tu-darmstadt.de Thursday 1:30PM-3:30PM Program Sessions April 14 1:30PM-3:30PM GRAND PACIFIC BALLROOM C · SESSION 21: EDUCATION SESSION 3: PANEL USING PROFESSIONALS IN THE CLASSROOM AND THE PROGRAM Chair: Margaret McFarland University of Maryland mmcf@umd.edu Panelists: Douglas Lashley Greenvest LLC Doug@greenvestus.com Marc A. Louargand Saltash Partners LLC marc@saltashpartners.com Charles H. Wurtzebach DePaul University cwurtzeb@depaul.edu 8:00AM-10:00AM Program Sessions Friday April 15 8:00AM-10:00AM GRAND PACIFIC BALLROOM D · SESSION 22: REITS 2 Chair: Mauricio Rodriguez Texas Christian University m.rodriguez@tcu.edu Paper 1: "Are Real Estate Stocks Real Estate? Evidence from Sector Level Data" Contact Author: Elias Oikarinen Turku School of Economics elias.oikarinen@tse.fi Martin E. Hoesli University of Geneva martin.hoesli@unige.ch Paper 2: "The Information Content of Implied Volatility Versus Model Based Volatility Measures: A Look at Real Estate Investment Trusts" Contact Author: Vaneesha Boney, PhD University of Denver vboney@du.edu Paper 3: "REIT Going Private Decisions" Contact Author: Mauricio Rodriguez Texas Christian University m.rodriguez@tcu.edu C F Sirmans Florida State University cf.sirmans@business.uconn.edu Paper 4: "What Drives the Property-Type Focus of REITs?" Contact Author: Alan J. Ziobrowski Discussant: Jim Clayton Georgia State University Cornerstone Real Estate Advisers, aziobrowski@gsu.edu LLC jclayton@cornerstoneadvisers.com SeungHan Ro Georgia State University redsrrx@langate.gsu.edu Paper 5: "The Outperformance and Underallocation Puzzles: Public REITs as Part of Real Estate Allocations" Contact Author: Jim Clayton Cornerstone Real Estate Advisers, LLC jclayton@cornerstoneadvisers.com 8:00AM-10:00AM Program Sessions Friday April 15 8:00AM-10:00AM GRAND PACIFIC BALLROOM A-B · SESSION 23: HOUSING 1 Chair: Mak Kaboudan University of Redlands Mak_Kaboudan@Redlands.edu Paper 1: "Rent Deregulation, Tenure Choice, Real Estate Price Expectations, and Consumption" Contact Author: Petr Zemcik Discussant: Peter Westerheide CERGE-EI Centre for European Economic petr.zemcik@cerge-ei.cz Research westerheide@zew.de Ashot Tsharakyan CERGE-EI ashot.tsharakyan@cerge-ei.cz Paper 2: "Residential Development; Fundamentals or Momentum?" Contact Author: J. Sherwood Clements, III University of Alabama jsclements@cba.ua.edu Paul Gallimore Georgia State University redpgg@langate.gsu.edu Paper 3: "The Role of Supply in the Housing Price Reactions. A Perspective from Spanish Housing Market" Contact Author: Paloma Taltavull de La Paz Discussant: John F. McDonald University of Alicante Roosevelt University paloma@ua.es jmcdonald@roosevelt.edu Paper 4: "Flips, Flops and Foreclosures: Anatomy of a Real Estate Bubble" Contact Author: Harris Hollans Auburn University hollalh@auburn.edu Craig A. Depken University of North Carolina at Charlotte cdepken@uncc.edu Steve Swidler Auburn University swidler@auburn.edu Paper 5: "List Price and Sales Prices of Residential Properties during Booms and Busts" Contact Author: Donald R. Haurin Ohio State University haurin.2@osu.edu Stanley McGreal University of Ulster-Jordanstown ws.mcgreal@ulster.ac.uk Alastair Adair University of Ulster-Jordanstown as.adair@ulster.ac.uk Louise Brown University of Ulster l.brown@ulster.ac.uk Louise Brown University of Ulster l.brown@ulster.ac.uk 8:00AM-10:00AM Program Sessions Friday April 15 8:00AM-10:00AM GRAND PACIFIC BALLROOM F · SESSION 24: COMMERCIAL REAL ESTATE 3: APARTMENTS Chair: James R. DeLisle University of Washington jdelisle@u.washington.edu Paper 1: "Price Discounts for Apartment Complexes" Contact Author: Ron Throupe University of Denver rthroupe@du.edu Saules Steve University of Denver stevesaules@gmail.com Paul Books Palisade Partners pbooks@palsadepartners.com Paper 2: "Lessons from 30 Years of Buy Versus Rent Decisions: Is the American Dream Always Wise?" Contact Author: Eli Beracha Discussant: Ruben Cox East Carolina University RSM Erasmus University berachae@ecu.edu rcox@rsm.nl Ken H. Johnson Florida International University kenh.johnson@fiu.edu Paper 3: "Building Age, Depreciation and Real Option Value - An Australian Case Study" Contact Author: Gregory Costello Curtin University g.costello@curtin.edu.au Paper 4: "Explaining Multifamily Foreclosures." Contact Author: Susanne E. Cannon DePaul University scannon@depaul.edu Rebel Cole Depaul University rcole@depaul.edu Paper 5: "Aspects of Housing Affordability in Auckland City" Contact Author: Bob Hargreaves Massey University r.hargreaves@massey.ac.nz 8:00AM-10:00AM Program Sessions Friday April 15 8:00AM-10:00AM HARBOR ROOM · SESSION 25: INDICES OF COMPARATIVE MEASUREMENTS 2: COMMERCIAL Chair: Sanjeev Kumar University of Memphis skumar7@memphis.edu Paper "Commonalities in Global Office Market Cycles" 1: Contact Simon Stevenson Author: Henley Business School, University of Reading s.a.stevenson@reading.ac.uk Alexey Akimov Henley Business School, University of Reading a.akimov@pgr.reading.ac.uk Elaine Hutson Smurfit School of Business, University College Dublin elaine.hutson@ucd.ie Alexandra Krystalogianni Schroders alex.krystalogianni@schroders.com Paper 2: "The Development of Spatial Hedonic Price Index of Commercial Real Estate" Ozlem Yanmaz-Tuzel PPR, A CoStar Company oyanmaz@pprglobal.com Fred Wu PPR, A CoStar Company fwu@pprglobal.com Ruijue Peng PPR, A Costar Company rpeng@pprglobal.com Andrew Florance Costar Group Inc. andy@costar.com Paper "Index Addition Effects on Dividend Expectations: The Case of REITs" 3: Contact Xiaorong Zhou Discussant: Michael Lacour-Little Author: Southwestern University of Finance California State Universityand Economics Fullerton xzhou3@gmail.com mlacour-little@fullerton.edu Vivek Sah Burnham-Moores Center for Real Estate, University of San Diego viveksah@sandiego.edu Prashant Das Georgia State University mail@prashant-das.com Paper "German Investment in US Commercial Real Estate: Exploration of Changing 4: Dynamics and Current Market Sentiment" Contact Bernhard Funk Author: Hawk University Funk@hawk-hhg.de Paper "A Model to Compute Value at Risk for Direct Real Estate Investments" 5: Contact Charles-Olivier Amedee-Manesme Discussant: Rogerio Fonseca Santovito Author: THEMA - University of CergyUniversidade de São Paulo Pontoise rogerio.santovito@usp.br charleso.amedeemanesme@gmail.com 8:00AM-10:00AM Program Sessions Friday April 15 8:00AM-10:00AM GRAND PACIFIC BALLROOM G · SESSION 26: GOVERNMENT 3: MORTGAGES Chair: Albert Saiz The Wharton School saiz@wharton.upenn.edu Paper 1: "How the Credit Rating Agencies and Commercial Bank Regulators Missed the Assessment" Contact Author: Marc Richard Thompson Bank of the West marc.thompson@bankofthewest.com Paper 2: "Distressed Property Valuation and Optimization of Loan Restructure Terms" Contact Author: David J Moore Discussant: Yu Zhou University of Memphis Peking University HSBC djmphd@gmail.com Business School yuzhou@pkusz.edu.cn George C Philippatos Department of Finance, College of Business Administration gphilip@utk.edu Paper 3: "Foreclosure in the Gulf" Contact Author: Stephanie Yates Rauterkus University of Alabama at Birmingham Srauter@uab.edu Discussant: Yan Zhang Office of the Comptroller of the Currency yan.zhang@occ.treas.gov Andreas H. Rauterkus University of Alabama at Birmingham arauter@uab.edu Lary B. Cowart University of Alabama @ Birmingham lcowart@uab.edu Paper 4: "Heterogeneous Beliefs, Longevity Risk and the Breakeven Determination of Loan Limits for Reverse Mortgages " Contact Author: Gangzhi Fan Discussant: Terry Vaughn Grissom Konkuk University University of Washington fangangzhi@hotmail.com tvg2@u.washington.edu Ming Pu Southwestern University of Finance and Economics puming@swufe.edu.cn Yongheng Deng National University of Singapore ydeng@nus.edu.sg Paper 5: "U.S. Housing Finance Resolution /Reform of Freddie Mac and Fannie Mae" Contact Author: Ronald W. Spahr University of Memphis rspahr@memphis.edu Mark A Sunderman University of Memphis msndrman@memphis.edu 8:00AM-10:00AM Program Sessions Friday April 15 8:00AM-10:00AM GRAND PACIFIC BALLROOM C · SESSION 27: EDUCATION SESSION 4: REAL ESTATE CURRICULUM/COURSES 1 Chair: Jane Londerville University of Guelph jlonderv@uoguelph.ca Paper 1: "Integrate Real Estate Program: A Proposal for Undergraduate Curricula" Contact Author: Pardis Bozorgi Pishdad Discussant: Anil Kashyap Virginia Tech University of Ulster ppishdad@vt.edu a.kashyap@ulster.ac.uk Yvan J. Beliveau Virginia Tech yvan@vt.edu Paper 2: "Uncovering the Intellectual Core of the Real Estate Discipline Using Latent Semantic Analysis" Contact Author: Kimberly Winson-Geideman University of North Texas kimberly.geideman@unt.edu Nicholas Evangelopoulos University of North Texas evangeln@unt.edu Paper 3: "Property Management Graduates: A Case Study of Career Influences" Contact Author: Rosemary Carucci Goss Virginia Polytechnic Institute and State University rgoss@vt.edu Sung-Jin Lee North Carolina Agricultural and Technical State University slee@ncat.edu Christine Buchanan Virginia Polytechnic Institute and State University ceb07@vt.edu Friday 8:00AM-10:00AM Program Sessions April 15 8:00AM-10:00AM GRAND PACIFIC BALLROOM E · SESSION 28: REAL ESTATE PANEL 3: REAL ESTATE APPRAISAL LAW Chair: Dennis A Scardilli, Esq Law Office of Dennis A. Scardilli L.L.C. DAS@DASEsq.com Panelists: Ronald Phipps National Association of Realtors Joseph C. Magdziarz Appraisal Institute joemags@appraisalresearchinc.com Bud Hunsucker Cengage Learning bud.hunsucker@cengage.com Barry Shea Appraisal Standards Board 10:15AM-NOON Program Sessions Friday April 15 10:15AM-NOON GRAND PACIFIC BALLROOM A-B · SESSION 29: SPATIAL AND ECONOMIC MARKET INTERDEPENDENCIES Chair: Stephen E. Roulac Roulac Global Places LLC sroulac@roulacglobal.com Paper 1: "The Visible Hand: Institutional and System Dynamics Context of Price Determination" Contact Author: Max Kummerow Greenfield Advisors, LLC maxkummerow@yahoo.com Paper 2: "Valuing Externality Measuring Value Capitalization Effect in Home Prices Near Conservation Easement Protected Properties - A GIS Based Analysis Using Distance Decay & Viewshed" Contact Author: Jay Mittal Discussant: David McIlhatton University of Cincinnati University of Ulster mittalj@mail.uc.edu mcilhattond@email.ulster.ac.uk Paper 3: "House Price Determinants across Belfast, Northern Ireland: A Geographical Weighted Regression Analysis" Contact Author: Martin Haran University of Ulster m.haran@ulster.ac.uk Michael McCord University of Ulster mj.mccord@ulster.ac.uk Stanley McGreal University of Ulster-Jordanstown ws.mcgreal@ulster.ac.uk Anil Kashyap University of Ulster a.kashyap@ulster.ac.uk David McIlhatton University of Ulster mcilhatton-d@email.ulster.ac.uk Paper 4: "Evaluating Subdivision Characteristics on Single Family Housing Value Using Hierarchical Linear Modeling" Contact Author: Jesse Saginor Texas A&M University jsaginor@tamu.edu Woo-Jin Shin Korea Real Estate Research Institute sayurban@gmail.com Shannon Van Zandt Texas A&M University svanzandt@arch.tamu.edu Friday 10:15AM-NOON Program Sessions April 15 10:15AM-NOON GRAND PACIFIC BALLROOM G · SESSION 30: GOVERNMENT 4: TAXATION AND REGULATION Chair: Mark Lee Levine University of Denver mlevine@du.edu Paper 1: "Contemporary Land, Oil and Gas Valuations and Estate Planning Opportunities In the New Estate and Tax Environment" Contact Author: John S. Baen University of North Texas baen@unt.edu Paper 2: "Untaxed Entities and Taxed Entities in the Market for Commercial Real Estate" Contact Author: John F. McDonald Roosevelt University jmcdonald@roosevelt.edu Paper 3: "Taxable REITs Subsidiaries and REIT Financial Performance" Contact Author: Dan W. French Discussant: Thomas M. Springer University of MissouriClemson University Columbia springe@clemson.edu frenchdan@missouri.edu Anamaria Calincan University of Missouri ac3m4@missouri.edu Paper 4: "Who Benefitted from the Home Buyer Tax Credit of 2009?" Contact Author: Kimberly Goodwin University of Southern Mississippi kimg.phd@gmail.com Leonard V. Zumpano University of Alabama lzumpano@cba.ua.edu Paper 5: "Small Business Jobs ACT of 2010: Impact On The Real Estate Market" Contact Author: Mark Lee Levine University of Denver mlevine@du.edu Friday 10:15AM-NOON Program Sessions April 15 10:15AM-NOON GRAND PACIFIC BALLROOM D · SESSION 31: INTERNATIONAL MARKET EVALUATION Chair: David J Moore University of Memphis djmphd@gmail.com Paper 1: "Effect of International Diversification by U.S. REITs on Cost Efficiency" Contact Author: Joshua A Harris University of Central Florida jharris@bus.ucf.edu Randy I. Anderson University of Central Florida randerson@bus.ucf.edu Danielle Lewis Southeastern Louisiana University danielle.lewis@selu.edu Paper 2: "Effect of Transnational Terrorism on Private Commercial Buildings" Contact Author: Sofia V. Dermisi Roosevelt University sdermisi@roosevelt.edu Paper 3: "International Housing Markets Co-movements" Contact Author: Qin Xiao Discussant: Charles DiRocco University of Aberdeen PricewaterhouseCoopers Business School charles.dirocco@us.pwc.com q.xiao@abdn.ac.uk Robert Van Order Department of Finance, The George Washington University rvo@gwu.edu Wai Mun Chia School of Humanities and Social Sciences, Nanyang Technological University ASWMCHIA@NTU.EDU.SG Paper 4: "New Evidence on the Diversification Benefits of Real Estate" Contact Author: Eva M Steiner Discussant: Tom G. Geurts Department of Land Economy NYU Schack Institute of Real es434@cam.ac.uk Estate tgg2@nyu.edu Jamie T Alcock Department of Land Economy jta27@cam.ac.uk Paper 5: "House prices and bank lending in a premium submarket in Korea" Contact Author: Sae Woon Park Discussant: Danielle Lewis Changwon National University Southeastern Louisiana assw@changwon.ac.kr University danielle.lewis@selu.edu Sun Hye Lee Changwon National University sueleesh@naver.com Heeho Kim Kyungpook National University kimhh@knu.ac.kr Friday 10:15AM-NOON Program Sessions April 15 10:15AM-NOON HARBOR ROOM · SESSION 32: SUSTAINABLE REAL ESTATE AND DEVELOPMENT 2 Chair: Chris Anderson University of Kansas cwanderson@ku.edu Paper 1: "An Improved Measure of Land Use Diversity and its Impact on Climate Change" Contact Author: Sweta Byahut Discussant: Steven P Laposa Doctoral Candidate, University Colorado State University of Cincinnati steve.laposa@colostate.edu byahutsa@mail.uc.edu Paper 2: "An Empirical Analysis of Critical Success Factors for Retail/Residential Mixed-Use Development" Contact Author: James R. DeLisle University of Washington jdelisle@u.washington.edu Terry Vaughn Grissom University of Washington tvg2@u.washington.edu Paper 3: "Recycling Big-Box Retail Stores" Contact Author: James Frew Willamette University jfrew@willamette.edu Paper 4: "The Site Selection of German Food Discounter and their Implications on Real Estate Investments." Contact Author: Matthias Segerer Discussant: Marcus Timothy Allen International Real Estate Professor & Director of the Business School (IREBS) Carter Real Estate Center matthias.segerer@irebs.de allent@cofc.edu Dr. Kurt Klein International Real Estate Business School (IREBS) kurt.klein@irebs.de Friday 10:15AM-NOON Program Sessions April 15 10:15AM-NOON GRAND PACIFIC BALLROOM F · SESSION 33: INVESTMENT AND PORTFOLIO MANAGEMENT 2 Chair: Robert A. Simons Levin College of Urban Affairs r.simons@csuohio.edu Paper 1: "The Performance of Shariah-Compliant Real Estate Companies in a MixedAsset Portfolio" Graeme Newell University of Western Sydney g.newell@uws.edu.au Paper 2: "Sell-Side Analysts: Crystal Ball or Rear-View Mirror?" Contact Author: Hans Op 't Veld Discussant: Randy I. Anderson PGGM University of Central Florida hans.optveld@pggm.nl randerson@bus.ucf.edu Paper 3: "On the Tracking Error of Leveraged Real Estate Exchange Traded Funds: Implications for Real Estate Portfolio Management" Richard J. Curcio University of Central Florida rcurcio@bus.ucf.edu Randy I. Anderson University of Central Florida randerson@bus.ucf.edu Paper 4: "Buying with Local Presence" Contact Author: William G Hardin, III Florida International University hardinw@fiu.edu Zhonghua Wu Florida International University wuz@fiu.edu Peter Chinloy American University chinloy@american.edu Paper 5: "Performance of Thinly-traded Assets" Contact Author: Zhenguo (Len) Lin Mississippi State University LLin@cobilan.msstate.edu Ping Cheng Florida Atlantic University pcheng@fau.edu Yingchun Liu Texas Tech University yingchun.liu@ttu.edu Friday 10:15AM-NOON Program Sessions 10:15AM-NOON GRAND PACIFIC BALLROOM E · SESSION 34: REAL ESTATE PANEL 4: EMERGING TRENDS IN SENIORS HOUSING Chair: Christopher A. Manning Loyola Marymount University cmanning@lmu.edu Panelists: Michael Hargrave National Investment Center mhargrave@nic.org Karen M. Gibler Georgia State University kgibler@gsu.edu Marc Richard Thompson Bank of the West marc.thompson@bankofthewest.com Elaine M. Worzala Clemson University eworzal@clemson.edu Chuck Harry National Investment Center April 15 Friday 10:15AM-NOON Program Sessions April 15 10:15AM-NOON GRAND PACIFIC BALLROOM C · SESSION 35: EDUCATION SESSION 5: PANEL ASSURANCE OF LEARNING: ASSESSMENT AND THE AACSB Chair: John E. Williams Morehouse College jwilliam@morehouse.edu Panelists: Nedra M Mahone Morehouse College nmahone@morehouse.edu Thomas A. Musil University of St. Thomas tamusil@stthomas.edu Russell M. Price Howard University r_price@howard.edu Friday 1:15PM-3:15PM Program Sessions April 15 1:15PM-3:15PM GRAND PACIFIC BALLROOM G · SESSION 36: GOVERNMENT 5: REGULATION Chair: Donald R. Haurin Ohio State University haurin.2@osu.edu Paper 1: "Econometric Analysis of Fallouts of HAMP Trial Loan Modifications" Contact Author: John A Karikari Discussant: Yu Zhou US Government Accountability Peking University HSBC Office (GAO) Business School karikarij@gao.gov yuzhou@pkusz.edu.cn Paper 2: "Mortgage Fraud Awareness" Contact Author: Dennis A Scardilli, Esq Law Office of Dennis A. Scardilli L.L.C. DAS@DASEsq.com Discussant: Michael Lacour-Little California State UniversityFullerton mlacour-little@fullerton.edu Kevin Whalen U.S. Dept of Treasury Financial Crimes Enforcement Network (FINCEN) Kevin.Whalen@fincen.gov Lisa D. Oltman United States Secret Service Criminal Investigative Division loltman@usss.dhs.gov Michael H. Stolworthy HUD-OIG mstolworthy@hudoig.gov Paper 3: "Insider Trading in REITs: Evidence from Informed Stock Option Exercise around Seasoned Equity Offerings" Contact Author: Thomas M. Springer Discussant: Julia Freybote Clemson University Georgia State University springe@clemson.edu redjffx@langate.gsu.edu Brandon Cline Clemson University bcline@clemson.edu Xudong Fu Southern Illinois University Edwardsville xfu@siue.edu Paper 4: "Safe and Satisfied? External effects of Ownership in Rotterdam" Contact Author: Ruben Cox Discussant: Donald R. Haurin RSM Erasmus University Ohio State University rcox@rsm.nl haurin.2@osu.edu Dirk Brounen RSM Erasmus University dbrounen@rsm.nl Peter Neuteboom RSM Erasmus University pneuteboom@rsm.nl Paper 5: "Rethinking Habitation How to Analyze Todays Residential Requir ements? The Impact of Residential Fundamental Value Orientations to the Housing Market and Urban Development Planning" Contact Author: Christina Maria West Discussant: Stephan Kippes Mannheim University Nürtingen-Geislingen west@uni-mannheim.de University stephan.kippes@hfwu.de Friday 1:15PM-3:15PM Program Sessions April 15 1:15PM-3:15PM GRAND PACIFIC BALLROOM A-B · SESSION 37: HOUSING 2 Chair: Kerry D. Vandell University of California-Irvine kvandell@uci.edu Paper 1: "Effect of MLS Withdrawing-and-Relisting on Marketing Time and Sale Price" Contact Author: Nasser Daneshvary Discussant: Paul Gallimore UNLV Georgia State University nasser.daneshvary@unlv.edu redpgg@langate.gsu.edu Terrence M. Clauretie University of Nevada-Las Vegas mike.clauretie@unlv.edu Paper 2: "Housing Satisfaction and Social Comparison " Contact Author: Xiaohui Bao Discussant: Steve Williams University of Cambridge Global Advisor, Real Capital Hxb20@cam.ac.uk Analytics swilliams@rcanalytics.com Yun Zhao Department of Land Economy, University of Cambridge YZ318@CAM.AC.UK Paper 3: "The Choice of Methodology for Constructing Local House Price Indexes in the UK" Contact Author: Anthony Owusu-Ansah Discussant: Franz Eilers University of Aberdeen, The vdpResearch Business School eilers@vdpresearch.de a.owusuansah@abdn.ac.uk Paper 4: "Relocation Decisions of Families with Children" Contact Author: Tanja Tyvimaa Tampere University of Technology tanja.tyvimaa@tut.fi Paper 5: "The Ownership Decision for Manufactured Housing" Contact Author: Yu Zhou Discussant: Kerry D. Vandell Peking University HSBC University of California-Irvine Business School kvandell@uci.edu yuzhou@pkusz.edu.cn Friday 1:15PM-3:15PM Program Sessions April 15 1:15PM-3:15PM GRAND PACIFIC BALLROOM F · SESSION 38: COMMERCIAL REAL ESTATE 4: APARTMENTS Chair: Mak Kaboudan University of Redlands Mak_Kaboudan@Redlands.edu Paper 1: "Analysis of the Lease-Buy Decision in Residential Real Estate" Contact Author: H. Shelton Weeks Florida Gulf Coast University sweeks@fgcu.edu J. Howard Finch Florida Gulf Coast University jhfinch@fgcu.edu Paper 2: "Mortgage Credit Default Survival/Hazard Functions: The Memphis Experience" Contact Author: Ronald W. Spahr University of Memphis rspahr@memphis.edu Richard D. Evans University of Memphis richard.d.evans@memphis.edu Mark A Sunderman University of Memphis msndrman@memphis.edu Evgeny Radetskiy University of Memphis rdetskiy@memphis.edu Paper 3: "Depreciated Replacement Cost (DRC) - Accounting for Depreciation" Contact Author: Nick French Oxford Brookes University nick.french@brookes.ac.uk Paper 4: "Life Cycle Asset Allocation in the Presence of Housing and Tax-Deferred Investing" Contact Author: Alexander Schaefer Discussant: Fong-Yao Chen Goethe University Department of Land Economics, schaefer@finance.uniNational Chengchi University frankfurt.de fychen@nccu.edu.tw Marcel Marekwica Copenhagen Business School mma.fi@cbs.dk Steffen Sebastian University of Regensburg steffen.sebastian@irebs.de Paper 5: "Distressed Real Estate Discount: Evidence from Commercial Real Estate" Contact Author: Vivek Sah Discussant: Nick French Burnham-Moores Center for Oxford Brookes University Real Estate, University of San nick.french@brookes.ac.uk Diego viveksah@sandiego.edu Norm G. Miller CoStar and University of San Diego nmiller@sandiego.edu Friday 1:15PM-3:15PM Program Sessions April 15 1:15PM-3:15PM GRAND PACIFIC BALLROOM D · SESSION 39: APPRAISAL/VALUATION Chair: Ron Throupe University of Denver rthroupe@du.edu Paper 1: "How Valuable Are Energy Efficient Features in Residential Home Sales?" Contact Author: Thomas A. Thomson University of Texas - San Antonio thomas.thomson@utsa.edu Anjelita Cadena University of Texas - San Antonio anjelita.cadena@utsa.edu Paper 2: "The Risk Free Rate of Return in Property Pricing" Contact Author: Norman E Hutchison University of Aberdeen n.e.hutch@abdn.ac.uk Patricia Fraser Curtin University of Technology (and University of Aberdeen Business School,UK) p.fraser@cbs.curtin.edu.au Alastair Adair University of Ulster-Jordanstown as.adair@ulster.ac.uk Rahul Srivatsa Private researcher rahul.srivatsa@gmail.com Paper 3: "Housing Market Microstructure: What is a Competing House?" Contact Author: Velma Zahirovic-Herbert The University of Georgia vherbert@uga.edu Geoffrey K. Turnbull Georgia State University gturnbull@gsu.edu Paper 4: "Do You Have to Know It's a Foreclosure to Get a Foreclosure Discount?" Contact Author: Thomas A. Thomson University of Texas - San Antonio thomas.thomson@utsa.edu Anjelita Cadena University of Texas - San Antonio anjelita.cadena@utsa.edu Paper 5: "Views, Scarcity Rents and the Housing Cycle" Contact Author: Julie Hansen Western Washington University julie.hansen@wwu.edu Earl Benson Western Washington University earl.benson@wwu.edu Friday 1:15PM-3:15PM Program Sessions April 15 1:15PM-3:15PM HARBOR ROOM · SESSION 40: SUSTAINABLE REALESTATE AND DEVELOPMENT 3 Chair: Sandy G Bond Lincoln University, Commerce Division dr_sandybond@yahoo.com Paper 1: "Are Green REITs Valued More?" Contact Author: Vivek Sah Burnham-Moores Center for Real Estate, University of San Diego viveksah@sandiego.edu Discussant: John A. Kilpatrick Greenfield Advisors, LLC john@greenfieldadvisors.com Norm G. Miller CoStar and University of San Diego nmiller@sandiego.edu Biplab Ghosh CarFax dearbips2003@gmail.com Paper 2: "It Makes a Village: Residential Relocation after Charter School Admission" Contact Author: Bartley R. Danielsen Discussant: Matthias Segerer North Carolina State University International Real Estate brdaniel@ncsu.edu Business School (IREBS) matthias.segerer@irebs.de Paper 3: "Taking the LEED? Analyzing Spatial Variations in Market Penetration Rates of Eco-Labeled Properties" Contact Author: Pat McAllister Discussant: Vivek Sah University of Reading Burnham-Moores Center for p.m.mcallister@rdg.ac.uk Real Estate, University of San Diego viveksah@sandiego.edu Franz Fuerst University of Reading f.fuerst@reading.ac.uk Constantine E. Kontokosta NYU Schack Institute of Real Estate ckontokosta@nyu.edu Paper 4: "Sustainability and Commercial Property Investment: Demand and Barriers in Central and Eastern European Countries" Contact Author: Malgorzata Zieba Department of Real Estate Economics and Investment Process Cracow University of Economics ziebam@uek.krakow.pl Michal Gluszak Cracow University of Economics gluszakm@uek.krakow.pl Paper 5: "Drivers and Barriers in Realizing Real Estate Sustainability in Developing Countries: The Case of Tanzania" Contact Author: Sophìa Kongela IREBS-International Real Estate Business School, Regensburg University, Germany kongelasophia@googlemail.com Paper 6: "Residential Stakeholders Per ceptions Towar ds Sustainability in Housing: An Update " Contact Author: Sandy G Bond Lincoln University, Commerce Division dr_sandybond@yahoo.com Peter Newman Curtin University p.newman@curtin.edu.au 1:15PM-3:15PM Program Sessions Friday 1:15PM-3:15PM GRAND PACIFIC BALLROOM E · SESSION 41: REAL ESTATE PANEL 5: NORTHWEST REAL ESTATE Chair: Glenn E. Crellin Washington State University crellin@wsu.edu Panelists: Arun Raha State of Washington Matthew Gardner Gardner Economics Ada Healy Vulcan April 15 Friday 1:15PM-3:15PM Program Sessions April 15 1:15PM-3:15PM GRAND PACIFIC BALLROOM C · SESSION 42: EDUCATION SESSION 6: PANEL ARGUS IN THE CLASSROOM Chair: Thomas Guerts New York University tom.geurts@nyu.edu Panelists: Steve Bell DePaul University sbell@depaul.edu Jill Newton Argus Software jnewton@argussoftware.com Friday 3:30PM-5:15PM Program Sessions April 15 3:30PM-5:15PM GRAND PACIFIC BALLROOM D · SESSION 43: REITS 3 Chair: Rosemary Carucci Goss Virginia Polytechnic Institute and State University rgoss@vt.edu Paper 1: "Cross Hedging Effectiveness of REIT Exchange Traded Fund on REIT Returns" Kwame Addae-Dapaah National University of Singapore rstka@nus.edu.sg Paper 2: "Bank bailouts and REIT Returns" Contact Author: Jan-Willem Olliges IREBS Institute jan-willem.olliges@irebs.de Malte Helmut Raudszus TU Darmstadt raudszus@bwl.tu-darmstadt.de Paper 3: "Determinants of EREIT Valuation Premiums to Fundamental Values" Contact Author: Chris Anderson Discussant: Hany S. Guirguis University of Kansas Manhattan College cwanderson@ku.edu hany.guirguis@manhattan.edu Eli Beracha East Carolina University berachae@ecu.edu Paper 4: "Institutional Investment in REITs: Does Property Sector Matter?" Contact Author: Alan J. Ziobrowski Discussant: Chris Anderson Georgia State University University of Kansas aziobrowski@gsu.edu cwanderson@ku.edu Philip A Seagraves Georgia State University pseagraves2@gsu.edu Frank Gyamfi-Yeboah Georgia State University redfgyx@langate.gsu.edu Paper 5: "The Agency Cost of Free Assets in REIT Debt Financing" Contact Author: Alan J. Ziobrowski Discussant: Chris Anderson Georgia State University University of Kansas aziobrowski@gsu.edu cwanderson@ku.edu Julia Freybote Georgia State University redjffx@langate.gsu.edu Friday 3:30PM-5:15PM Program Sessions April 15 3:30PM-5:15PM GRAND PACIFIC BALLROOM F · SESSION 44: URBAN GROWTH 2: INFRASTRUCTURE AND ECONOMIC BASE Chair: Sven Conventz Munich Institute of Technology conventz@tum.de Paper 1: "Real Estate or Infrastructure? Evidence from Conditional Asset Allocation" Contact Author: Konrad Finkenzeller Discussant: Anupam Nanda University of Regensburg University of Reading konrad.finkenzeller@irebs.de a.nanda@reading.ac.uk Tobias Dechant University of Regensburg tobias.dechant@irebs.de Paper 2: "Relevance of Urban Regeneration Programs Measur es to Pr oblems of Neglected Neighborhoods. Regeneration of Urban Areas in Poland" Contact Author: Malgorzata Zieba Department of Real Estate Economics and Investment Process Cracow University of Economics ziebam@uek.krakow.pl Paper 3: "The Changing Dynamics of Community/Developer Relationships" Contact Author: Thomas A. Musil University of St. Thomas tamusil@stthomas.edu Paper 4: "Property Markets and Urban Development: A Case Study of Central Area Office Development in Manchester and Reading " Contact Author: Eamonn D'Arcy University of Reading p.e.darcy@reading.ac.uk Paper 5: "Economic Base, Industry Performance, and Residential Real Estate Markets " Contact Author: Changha Jin Discussant: Sven Conventz The University of Texas Pan Munich Institute of Technology American conventz@tum.de jinc@utpa.edu O. Alan Tidwell Georgia State University redaox@langate.gsu.edu Philip A Seagraves Georgia State University pseagraves2@gsu.edu 3:30PM-5:15PM Program Sessions Friday April 15 3:30PM-5:15PM HARBOR ROOM · SESSION 45: INTERNATIONAL REAL ESTATE 1 Chair: Adam Stults JLL, Shanghai NA Paper 1: "Housing Demand and Urban Sprawl: Evidence from Post Socialist Market" Contact Author: Michal Gluszak Cracow University of Economics gluszakm@uek.krakow.pl Paper 2: "House Prices and Bank Lending in a Premium Submarket in Korea" Contact Author: Sae Woon Park Discussant: Andreas Kunert Changwon National University vdpResearch assw@changwon.ac.kr kunert@vdpresearch.de Sun Hye Lee Changwon National University sueleesh@naver.com Heeho Kim Kyungpook National University kimhh@knu.ac.kr Paper 3: "The International Factors Influencing the Real Estate Market in Poland" Contact Author: J. Edward Graham University of North Carolina-Wilmington edgraham@uncw.edu Jacek Markowski ATTN: Edward Graham, Department of Econ and Finance jmm4668@alum.uncw.edu Joe Farinella Dept of Econ and Finance farinellaj@uncw.edu Pete Schuhmann Dept of Econ and Finance schuhmannp@uncw.edu Paper 4: "The Effect of Monetary Policy on Real Estate Price Growth in China" Contact Author: Xiaoqing Eleanor Xu Discussant: Adam Stults Seton Hall University, Stillman JLL, Shanghai School of Business NA xuxe@shu.edu Tao Chen University of International Business and Economics chtao12@126.com Paper 5: "US Housing vs. Chinese Cars: On a Collision Course?" Contact Author: Michael J. Crean University of Denver - Daniels College of Business mcrean@du.edu Stephen Sewalk Burns School of Real Estate and Construction Management ssewalk@du.edu Friday 3:30PM-5:15PM Program Sessions April 15 3:30PM-5:15PM GRAND PACIFIC BALLROOM G · SESSION 46: GOVERNMENT 6: MORTGAGES Chair: Rene Circ VP, Grubb & Ellis Company rene.circ@grubb-ellis.com Paper 1: "Does Loan Renegotiation Differ by Securitization Status?" Contact Author: Yan Zhang Discussant: Stephanie Yates Rauterkus Office of the Comptroller of the University of Alabama at Currency Birmingham yan.zhang@occ.treas.gov Srauter@uab.edu Paper 2: "Liquidity-induced Fragility in Real Estate Securitization" Contact Author: Rose N. Lai University of Macau roselai@umac.mo Robert Van Order Department of Finance, The George Washington University rvo@gwu.edu Paper 3: "House Price Declines or Excessive Borrowing? A Close Look at Recent California Foreclosures" Contact Author: Michael Lacour-Little Discussant: Robert Van Order California State UniversityDepartment of Finance, The Fullerton George Washington University mlacour-little@fullerton.edu rvo@gwu.edu Cynthia Holmes Ryerson University cynthia.holmes@ryerson.ca Paper 4: "The Role of Home Equity Lending in the Recent Mortgage Crisis " Contact Author: Michael Lacour-Little Discussant: Cynthia Holmes California State UniversityRyerson University Fullerton mlacour-little@fullerton.edu cynthia.holmes@ryerson.ca Wei Yu California State Polytechnic University, Pomona weiyu@csupomona.edu Libo Sun California State Polytechnic University, Pomona lsun@csupomona.edu Paper 5: "The Consumption of Housing Space: Why African-Americans Live in Smaller Units" Contact Author: Li Ma Discussant: Alan E Ferguson The Ohio State University Georgia State University ma.171@osu.edu redaefx@langate.gsu.edu Friday 3:30PM-5:15PM Program Sessions April 15 3:30PM-5:15PM GRAND PACIFIC BALLROOM E · SESSION 47: GOVERNMENT 7: INTERNATIONAL Chair: Dr. Kurt Klein International Real Estate Business School (IREBS) kurt.klein@irebs.de Paper 1: "Banking on NAMA: The Fallout from Irelands Real Estate Bubble" Contact Author: Michael McCord University of Ulster mj.mccord@ulster.ac.uk Martin Haran University of Ulster m.haran@ulster.ac.uk Terry Vaughn Grissom University of Washington tvg2@u.washington.edu Stanley McGreal University of Ulster-Jordanstown ws.mcgreal@ulster.ac.uk Jim Berry University of Ulser Jordanstown jn.berry@ulster.ac.uk Paper 2: "A Public Trust Doctrine for Hong Kong" Contact Author: Berry F.C. Hsu Discussant: Ron Throupe Department of Real Estate and University of Denver Construction rthroupe@du.edu bhsu@hku.hk Paper 3: "Challenges Facing Sustainable Estate Surveying and Valuation Practice in Nigeria" Contact Author: Ayotunde Olawan Oni Covenant University wandeoni@yahoo.com Paper 4: "An Investigation of Real Estate Investment Activities in Tanzania" Contact Author: Moses Mpogole Kusiluka Ardhi University, Tanzania kusiluka@gmail.com Paper 5: "Land Registration as a Tool for Promoting Agricultural Investment in Africa" Contact Author: Raymond Talinbe Abdulai Discussant: Emmanuel Tetteh Martey Liverpool John Moores Ghana Institution of Surveyors University (GhIS), Africa Real Estate r.abdulai@ljmu.ac.uk Society( AfRES) profmartey@yahoo.com Daniel Domeher Liverpool John Moores University D.Domeher@2010.ljmu.ac.uk Friday 3:30PM-5:15PM Program Sessions April 15 3:30PM-5:15PM GRAND PACIFIC BALLROOM A-B · SESSION 48: REAL ESTATE PANEL 6: TRADE ASSOCIATION AND ACADEMIC ASSOCIATION LEADERSHIP Chair: Grant Ian Thrall University of Memphis grant@thrall.us Friday 3:30PM-5:15PM Program Sessions April 15 3:30PM-5:15PM GRAND PACIFIC BALLROOM C · SESSION 49: EDUCATION SESSION 7: PANEL REAL ESTATE DEVELOPMENT AND REPOSITIONING IN THE CURRICULUM: WHAT IS NEW? Chair: Susanne E. Cannon DePaul University scannon@depaul.edu Panelists: David Hutchison University of Notre Dame dhutchis@nd.edu Constantine E. Kontokosta NYU Schack Institute of Real Estate ckontokosta@nyu.edu Larry Souza Johnson Souza Group surfsouza@yahoo.com Stephen F. Thode Lehigh University sft0@lehigh.edu 8:00AM-10:00AM Program Sessions Saturday April 16 8:00AM-10:00AM GRAND PACIFIC BALLROOM F · SESSION 50: URBAN GROWTH 3: CYCLES Chair: Glenn R. Mueller University of Denver glenn.mueller@du.edu Paper 1: "Fundamental Economic and Business Cycle Analysis: Peak/Trough, Correlation and Lead/Lag with Standard & Poors/GRA Commer cial Real Estate Indices (SPCREXTM)" Contact Author: Larry Souza Johnson Souza Group surfsouza@yahoo.com Paper 2: "Buyers and Sellers: Explaining Cyclical Patterns of Office Investment" Contact Author: Steven P Laposa Colorado State University steve.laposa@colostate.edu Sriram Villupuram Colorado State University Sriram.villupuram@colostate.edu Charles DiRocco PricewaterhouseCoopers charles.dirocco@us.pwc.com Paper 3: "Property Delisting, Housing Cycle and Pricing Bias" Contact Author: Zhenguo (Len) Lin Mississippi State University LLin@cobilan.msstate.edu Ping Cheng Florida Atlantic University pcheng@fau.edu Yingchun Liu Texas Tech University yingchun.liu@ttu.edu Paper 4: "Leading Indicators and Real Estate Forecasting" Contact Author: Sotiris Tsolacos Discussant: Glenn R. Mueller CoStar University of Denver Sotiris.Tsolacos@pprglobal.com glenn.mueller@du.edu 8:00AM-10:00AM Program Sessions Saturday April 16 8:00AM-10:00AM GRAND PACIFIC BALLROOM G · SESSION 51: SUSTAINABLE REALESTATE AND DEVELOPMENT 4 Chair: Alastair Adair University of UlsterJordanstown as.adair@ulster.ac.uk Paper 1: "Reducing Home Emissions a la Waxman-Markey, aka Cap-and-Trade: What Does It Really Cost?" Contact Author: Stephen Sewalk Burns School of Real Estate and Construction Management ssewalk@du.edu Paper 2: "The Political Economy of Green Buildings" Contact Author: David M. Harrison Texas Tech University david.m.harrison@ttu.edu Michael J. Seiler Old Dominion University mseiler@odu.edu Paper 3: "A Gr een Per spective on Rental Rate Dynamics" Contact Author: Alan J. Ziobrowski Discussant: David M. Harrison Georgia State University Texas Tech University aziobrowski@gsu.edu david.m.harrison@ttu.edu Prashant Das Georgia State University mail@prashant-das.com O. Alan Tidwell Georgia State University redaox@langate.gsu.edu Brigitte J. Ziobrowski Augusta State University bziobrow@aug.edu Paper 4: "Is ESG Commitment Linked to Investment Performance in the Real Estate Sector? " Contact Author: Pat McAllister Discussant: Sofia V. Dermisi University of Reading Roosevelt University p.m.mcallister@rdg.ac.uk sdermisi@roosevelt.edu Marcelo Cajias Regensburg University marcelo.cajias@irebs.de Franz Fuerst University of Reading f.fuerst@reading.ac.uk Anupam Nanda University of Reading a.nanda@reading.ac.uk Paper 5: "Influence of Corporate Social Responsibility Factors and Financial Factors on REIT Performance" Contact Author: Graeme Newell University of Western Sydney g.newell@uws.edu.au Paper 6: "Assessing Assessment: Toward a More Holistic Rating System for Sustainability Performance" Contact Author: Pernille Christensen Clemson University, Richard H. Pennell Center for Real Estate Development pchrist@clemson.edu 8:00AM-10:00AM Program Sessions Saturday April 16 8:00AM-10:00AM GRAND PACIFIC BALLROOM A-B · SESSION 52: HOUSING 3 Chair: Sandy G Bond Lincoln University, Commerce Division dr_sandybond@yahoo.com Paper 1: "Determination of the Probability of Sale and Price Premium in Residential Auctions" Contact Author: Simon Stevenson Henley Business School, University of Reading s.a.stevenson@reading.ac.uk James Young University of Auckland james.young@auckland.ac.nz Paper 2: "Interest Rates and Non-Fundamental Fluctuations in Home Values" Contact Author: Albert Saiz The Wharton School saiz@wharton.upenn.edu Paper 3: "Turning Points of the Financial and Real Estate Markets in the UK and the US" Contact Author: Ranoua Bouchouicha Discussant: Albert Saiz University of Lyon 2. GATE The Wharton School Groupe d'Analyse et de Théorie saiz@wharton.upenn.edu Economique- CNRS UMR 5824 bouchouicha@gate.cnrs.fr Paper 4: "Fringe Benefits Compensation of Real Estate Agents and Brokers" Contact Author: Daniel T. Winkler University of North Carolina-Greensboro dt_winkler@uncg.edu Keener Hughen UNC Charlotte whughen@uncc.edu Paper 5: "Valuers, valuation theory and the crisis of 2008" Contact Author: Manya M Mooya University of Cape Town manya.mooya@uct.ac.za 8:00AM-10:00AM Program Sessions Saturday April 16 8:00AM-10:00AM GRAND PACIFIC BALLROOM C · SESSION 53: EDUCATION SESSION 8: REAL ESTATE CURRICULUM/COURSES 2 Chair: Glenn E. Crellin Washington State University crellin@wsu.edu Paper 1: "Real Estate and Real Estate Education in Italy: Assessing the Current State of the Art" Contact Author: Gabrielli Laura University of Ferrara laura.gabrielli@unife.it Paper 2: "Elements of Successful Graduate Real Estate Programs: Perceptions of the Stakeholders" Contact Author: Robert Benedict Clemson University benedic@clemson.edu Amy Matthews Clemson University matthe3@clemson.edu Elaine M. Worzala Clemson University eworzal@clemson.edu Paper 3: "The Study Field of Real Estate: Is It a Discipline?" Contact Author: Nico B. Rottke EBS Universität nico.rottke@ebs.edu Paper 4: "Real Estate Appraisal Law: Now a Critical Element in Education and Practice for Real Estate Appraisers, Related Professionals and Educational Providers" Contact Author: Dennis A Scardilli, Esq Discussant: Robert J. Aalberts Law Office of Dennis A. Scardilli L.L.C. DAS@DASEsq.com University of Nevada, Las Vegas robert.aalberts@unlv.edu Bruce A. Fitzsimons Immediate Past President, Association of Appraisal Regulatory Officials (AARO) brucefitzsimons@fnbolathe.com Bud Hunsucker Cengage Learning bud.hunsucker@cengage.com Joseph C. Magdziarz Appraisal Institute joemags@appraisalresearchinc.com 8:00AM-10:00AM Program Sessions Saturday April 16 8:00AM-10:00AM GRAND PACIFIC BALLROOM D · SESSION 54: REAL ESTATE PANEL 7: PUBLIC SECTOR REALTY LAB I: AN INTER-ACADEMIC PANEL ON SYMPOSIUM HIGHLIGHTS, ROI SUB "O", & P3 CASE STUDIES Chair: Joseph F. Consoli, MAI Georgetown University, Master of Professional Studies Program ircpublicsectorrealty@comcast.net Panelists: KC Kiernan Conway, MAI, CRE, FRICS Executive Managing Director, Real Estate Analytics, Colliers International publicsectorrealty@comcast.net Bruce K Cole Ph.D. Student, Planning, Design and the Built Environment Program,Clemson University publicsectorrealty@comcast.net John Hentschel, MAI, CRE, FRICS Hentschel Real Estate Services publicsectorrealty@comcast.net Joseph F. Consoli, MAI Georgetown University, Master of Professional Studies Program ircpublicsectorrealty@comcast.net Saturday 8:00AM-10:00AM Program Sessions April 16 8:00AM-10:00AM GRAND PACIFIC BALLROOM E · SESSION 55: REAL ESTATE PANEL 8: REAL ESTATE DATA Chair: John Cirincione Secolink john@cirincione.com Panelists: Mark R. Linne Appraisal Institute mark.linne@valuescape.com Saturday 10:15AM-NOON Program Sessions April 16 10:15AM-NOON GRAND PACIFIC BALLROOM G · SESSION 56: GOVERNMENT 8: MORTGAGES Chair: Alan J. Ziobrowski Georgia State University aziobrowski@gsu.edu Paper 1: "Financial Crisis and the Co-movements of Housing Sub-markets: Do Relationships Change after a Crisis?" Contact Author: Charles Ka Yui Leung Discussant: John A Karikari City University of Hong Kong US Government Accountability kycleung@cityu.edu.hk Office (GAO) karikarij@gao.gov Patrick Wai Yin Cheung City University of Hong Kong cwypatrick@gmail.com Edward Chi Ho Tang City University of Hong Kong 50395289@student.cityu.edu.hk Paper 2: "Balancing Housing Affordability and Mortgage Credit Risk:Assessing via Three-Factor Simulation Model " Contact Author: Che-Chun Lin Discussant: Li Ma National Tsing Hua University The Ohio State University chclin@mx.nthu.edu.tw ma.171@osu.edu Man Cho The KDI School of Public Policy and Management mancho@kdischool.ac.kr Paper 3: "Excess Premium, Soft Information, and Subprime Mortgage Default" Contact Author: Xudong An San Diego State University xan@mail.sdsu.edu Vincent Yao Fannie Mae vincent_w_yao@fanniemae.com Eric Rosenblatt Federal National Mortgage Association eric_rosenblatt@fnma.com Paper 4: "Mortgage Insurance in Canada and Elsewhere" Contact Author: Jane Londerville University of Guelph jlonderv@uoguelph.ca Saturday 10:15AM-NOON Program Sessions April 16 10:15AM-NOON GRAND PACIFIC BALLROOM F · SESSION 57: INTERNATIONAL REAL ESTATE 2 Chair: Raymond Talinbe Abdulai Liverpool John Moores University r.abdulai@ljmu.ac.uk Paper 1: "Investing in China Real Estate: Which Strategy?" Contact Author: Adam Stults JLL, Shanghai NA Kwame Addae-Dapaah National University of Singapore rstka@nus.edu.sg Paper 2: "Managing the Perennial Road Traffic Congestion on Lagos Roads: An Estate Surveyors Par adigm Shift" Contact Author: Ayotunde Olawande Oni Discussant: Raymond Talinbe Abdulai Covenant University Liverpool John Moores wandeoni@yahoo.com University r.abdulai@ljmu.ac.uk Paper 3: "Study of the Impact of Fundamental Political and Economic Developments on the Local Housing Market in Poland" Contact Author: Dariusz Pęchorzewski Institute of Economic Analysis dariusz@njo.pl Paper 4: "Transaction Based Price Indices for Owner Occupied Housing in Germany" Contact Author: Andreas Kunert Discussant: Terry Vaughn Grissom vdpResearch University of Washington kunert@vdpresearch.de tvg2@u.washington.edu Franz Eilers vdpResearch eilers@vdpresearch.de Paper 5: "Systematic Risk Factors in European Real Estate Equity Returns" Contact Author: Tobias Dechant University of Regensburg tobias.dechant@irebs.de Kai-Magnus Schulte University of Regensburg kai-magnus.schulte@irebs.de Paper 6: "Asset Pricing in European Real Estate Capital Markets" Contact Author: Tobias Dechant Discussant: Stephan Kippes University of Regensburg Nürtingen-Geislingen tobias.dechant@irebs.de University stephan.kippes@hfwu.de Kai-Magnus Schulte University of Regensburg kai-magnus.schulte@irebs.de Saturday 10:15AM-NOON Program Sessions April 16 10:15AM-NOON GRAND PACIFIC BALLROOM A-B · SESSION 58: REITS 4 Chair: Danielle Lewis Southeastern Louisiana University danielle.lewis@selu.edu Paper 1: "A Flexible Method to Evaluate REIT Efficiency" Contact Author: Danielle Lewis Southeastern Louisiana University danielle.lewis@selu.edu Paper 2: "The Determinants of REIT Credit Ratings" Contact Author: Matthew D. Hill University of Mississippi mhill@bus.olemiss.edu Charod Dodd Mississippi State University cdd119@msstate.edu. Wayne Kelly Mississippi State University gwk2@msstate.edu Paper 3: "Online Search Volume and Apartment REIT Returns" Contact Author: Alan J. Ziobrowski Discussant: Vivek Sah Georgia State University Burnham-Moores Center for aziobrowski@gsu.edu Real Estate, University of San Diego viveksah@sandiego.edu Prashant Das Georgia State University mail@prashant-das.com O. Alan Tidwell Georgia State University redaox@langate.gsu.edu Saturday 10:15AM-NOON Program Sessions April 16 10:15AM-NOON GRAND PACIFIC BALLROOM D · SESSION 59: REAL ESTATE PANEL 9: PUBLIC SECTOR REALTY LAB II: PUBLIC SECTOR INDUSTRY RESPONSE PANEL BY LOCAL STATE GOVERNMENTS OF WASHINGTON & OREGON Chair: Joseph F. Consoli, MAI Georgetown University, Master of Professional Studies Program ircpublicsectorrealty@comcast.net Panelists: Colonel Duane Coffey, WA CFMO Washington State National Guard publicsectorrealty@comcast.net Colonel Christian Rees, OR CFMO Construction Facilities Maintenance Officer, Oregon State National Guard publicsectorrealty@comcast.net Colonel Ronald Weaver Washington National Guard publicsectorrealty@comcast.net Saturday 10:15AM-NOON Program Sessions 10:15AM-NOON GRAND PACIFIC BALLROOM C · SESSION 60: EDUCATION SESSION 9: EDUCATION COMMITTEE CAUCUS AND PLANNING SESSION Chair: Susanne E. Cannon DePaul University scannon@depaul.edu April 16 Saturday 10:15AM-NOON Program Sessions April 16 10:15AM-NOON GRAND PACIFIC BALLROOM E · SESSION 61: BUILDING LARGE BRIDGES OF THOUGHT IN REAL ESTATE Chair: Kingsley Haynes George Mason University khaynes@gmu.edu Paper 1: "The Body Of Knowledge Created By ARES' Thought Leaders" Contact Author: Stephen A. Pyhrr Discussant: Kingsley Haynes Kennedy Wilson George Mason University spyhrr@kennedywilson.com khaynes@gmu.edu Larry Wofford University of Tulsa larrywoff@yahoo.com Paper 2: "Geospatial Variation And Trends In Housing Prices At The National Level" Contact Author: Kingsley Haynes George Mason University khaynes@gmu.edu Paper 3: "Hub City" Contact Author: Grant Ian Thrall University of Memphis grant@thrall.us Participant Index If Session Number is not assigned session is listed as "TimeSlot.Session Record ID" Participant Sessions A Aalberts, Robert J. Abdulai, Raymond Talinbe Adair, Alastair Addae-Dapaah, Kwame Akimov, Alexey Alcock, Jamie T Allen, Marcus Timothy Amedee-Manesme, Charles-Olivier An, Xudong Anderson, Chris Anderson, Randy I. Andrieux, Roxanne B. Anim-Odame, Wilfred K. Armonat, Stefan 6, 12, 53 47, 57 4, 17, 23, 39, 51 43, 57 25 31 5, 32 3, 25 56 32, 43 9, 18, 31, 33 6 12 20 B Baen, John S. Bao, Xiaohui Baroni, Michel Barrett, J. Doug Barthelemy, Fabrice Beliveau, Yvan J. Bell, Steve Benedict, Robert Benson, Earl Bentzien , Verena Beracha, Eli Berry, Jim 30 37 3 2 3 27 42 53 39 8 8, 24, 43 6, 17, 47 Bitter, Christopher Black, James F., Jr. Bond, Sandy G Boney, Vaneesha, PhD Books, Paul Bouchouicha , Ranoua Bourassa, Steven C Brastow, Raymond Brounen, Dirk Brown, Louise Brown, Louise Brown, M. Gordon Buchanan, Christine Burrus, Robert T, Jr Byahut, Sweta 16 6 40, 52 15, 22 24 52 18 3, 9 36 23 23 5, 11 27 2 32 C Cadena, Anjelita Cajias, Marcelo Calincan, Anamaria Cannon, Susanne E. Cantoni, Eva Carter, Charles C. Ceh, Brian Chen, Fong-Yao Chen, Tao Cheng, Ping Chernobai, Ekaterina Chervachidze, Serguei Cheung, Patrick Wai Yin Chia, Wai Mun Chinloy, Peter Cho, Man Christensen, Pernille Circ, Rene Cirincione, John 39 51 30 1, 24, 49, 60 18 5 8 17, 38 45 33, 50 8 4, 11 56 31 33 56 51 46 55 Clauretie, Terrence M. Clayton, Jim Clements, J. Sherwood, III Cline, Brandon Coffey, Colonel Duane, WA CFMO Cole, Bruce K Cole, Rebel Consoli, Joseph F., MAI Conventz, Sven Conway, KC Kiernan, MAI, CRE, FRICS Corgel, Jack B. Costello, Gregory Courchane, Marsha Cowart, Lary B. Cox, Ruben Craft, Timothy M. Crean, Michael J. Crellin, Glenn E. Curcio, Richard J. Curran, Lori Mason 37 20, 22 23 36 59 54 24 54, 59 10, 44 54 20 24 1 2, 26 19, 24, 36 10 45 11, 41, 53 33 1 D D'Arcy, Eamonn 44 Daneshvary, Nasser 37 Danielsen, Bartley R. 40 Das, Prashant 25, 51, 58 Davis , Peadar T 19 Dechant, Tobias 44, 57 DeLisle, James R. 11, 18, 24, 32 Deng, Yongheng 26 Depken , Craig A. 23 Dermisi, Sofia V. 1, 8, 31, 51 Des Rosiers, 5 François DiRocco, Charles Doan, Jeff Dodd, Charod Domeher, Daniel Dumas, Christopher F. Dumm, Randy Dupuy, Etienne Dwan, Bill 31, 50 11 58 47 2 2 3 5 E Eagle, Blake Eilers, Franz Endsley, William E Evangelopoulos, Nicholas Evans, Richard D. 1 37, 57 10 27 2, 8, 19, 38 F Fan, Gangzhi Farinella, Joe Ferguson, Alan E, Sr. Finch, J. Howard Finkenzeller, Konrad Fisher, Jeffrey D. Fitzsimons, Bruce A. Florance, Andrew Fraser, Patricia French, Dan W. French, Nick Frew, James Freybote, Julia Fu, Xudong Fu, Yuming Fuerst, Franz Funk, Bernhard Funk, David L. 26 45 9, 46 38 44 18 53 25 39 30 38 15, 32 4, 36, 43 36 19 16, 40, 51 25 14 G Gallimore, Paul 9, 17, 19, 23, 37 Gardner, Matthew Geurts, Tom G. Ghosh, Biplab Gibler, Karen M. Gluszak, Michal Gnuschke, John E Goebel, Paul R. Goodwin, Kimberly Gordon, Bruce Goss, Rosemary Carucci Graham, J. Edward Greco, Daniel Griffin, C. Ramon Grissom, Terry Vaughn Guerts, Thomas Guirguis, Hany S. Guntermann, Karl L. Gyamfi-Yeboah, Frank 41 6, 31 40 4, 34 40, 45 8 19 9, 30 2 13, 27, 43 2, 45 8 13 11, 18, 26, 32, 47, 57 42 15, 18, 43 16 43 H Hallenborg, Mary Ann, Esq. Haloupek, William J. Hansen, Julie Hanson, Ryan B. Hansz, J. Andrew Haran, Martin Hardin, William G, III Hargrave, Michael Hargreaves, Bob Harris, Joshua A Harrison, David M. Harry, Chuck Haurin, Donald R. Haynes, Kingsley Healy, Ada 11 5 39 8 17 17, 29, 47 33 34 24 31 9, 51 34 23, 36 61 41 Hentschel, John, MAI, CRE, FRICS Hernandez, Tony Highfield, Michael J. Hill, Matthew D. Hoen, Ben Hoesli, Martin E. Hollans, Harris Holmes, Cynthia Hsu, Berry F.C. Huang, Gow-Cheng Hueber, David Hughen, Keener Hunsucker, Bud Huntington, Laura Hutchison, David Hutchison, Norman E Hutson, Elaine 54 5, 8, 16 13 58 32 18, 22 23 46 47 15 17 52 28, 53 1 6, 49 39 15, 25 I Iwarere, L. Jide 17 J Jennen, Maarten Jin , Changha Johnson, Ken H. 19 44 24 K Kaboudan, Mak Karikari, John A Kashyap, Anil Kelly, Wayne Khan, Osama S. M. Kilpatrick, John A. Kim, Heeho Kippes, Stephan Klein, Dr. Kurt Kohlhase, Janet Kongela, Sophìa Kontokosta, Constantine E. 18, 23, 38 36, 56 6, 27, 29 58 13 2, 12, 40 31, 45 16, 36, 57 3, 32, 47 4 40 40, 49 Kotin, Allan D. Krause, Andy Kriegh, Julie Krystalogianni, Alexandra Kumar, Sanjeev Kummerow, Max Kunert, Andreas Kusiluka, Moses Mpogole Kämpf-Dern, Annette 17 19 18 25 6, 10, 16, 25 29 45, 57 47 20 L Lacour-Little, Michael Lai, Rose N. Lane, Mark Laposa, Steven P Lashley, Douglas Laura, Gabrielli Lee, Hyun Seok Lee, Stephen L Lee, Sun Hye Lee, Sung-Jin Leung, Charles Ka Yui Levine, Mark Lee Lewis, Danielle Liang, Jen-Hsu Liano, Kartono Lin, Che-Chun Lin, Crystal Y Lin, Tsoyu Calvin Lin, TsungHan Lin, Zhenguo (Len) Linne, Mark R. Lipinski, Martin E. Lipscomb, Clifford A 25, 36, 46 46 9 32, 50 21 53 20 15 31, 45 27 56 30 31, 58 17 15 56 17 18 18 33, 50 55 8 2, 8 Liu, Crocker Liu, Peng Liu, Yingchun Londerville, Jane Louargand, Marc A. 4 4 33, 50 1, 14, 27, 56 21 M Ma , Li Magdziarz, Joseph C. Mahone, Nedra M Manning, Christopher A. Marekwica, Marcel Markowski, Jacek Martey, Emmanuel Tetteh Matthews, Amy McAllister, Pat McCord, Michael McDonald, John F. McFarland, Margaret McGreal, Stanley McIlhatton, David Miller, Norm G. Mittal, Jay Moore, David J Mooya, Manya M Mueller, Glenn R. Mueller, Marc Musil, Thomas A. 46, 56 28, 53 17, 35 9, 34 38 45 12, 47 53 16, 40, 51 29, 47 19, 23, 30 1, 21 4, 23, 29, 47 29 16, 38, 40 29 4, 26, 31 52 15, 50 12 35, 44 N Nanda, Anupam Neuteboom, Peter Newell, Graeme Newman , Peter Newton, Jill Niwand, Yama 44, 51 36 33, 51 40 42 8 O Odegaard, Lars 11 Oikarinen, Elias Olliges, Jan-Willem Oltman, Lisa D. Oni, Ayotunde Olawan Oni, Ayotunde Olawande Op 't Veld, Hans Order, Robert Van Owusu-Ansah, Anthony Oyedele, Joseph Bamidele 22 15, 43 36 47 57 33 31, 46 37 4 P Pęchorzewski , Dariusz Pan, Ming-Shiun Pancak, Katherine Parikh, Monica Park, Sae Woon Peiser, Richard Peng, Liang Peng, Ruijue Pfnür, Andreas Philippatos, George C Phipps, Ronald Pishdad, Pardis Bozorgi Placid, Raymond Price, Russell M. Prombutr, Wikrom Pu, Ming Pyhrr, Stephen A. 57 15 13 1 31, 45 17 20 4, 25 20 26 28 27 6 35 17 26 61 R Radetskiy, Evgeny Raha, Arun Raudszus, Malte Helmut Rauterkus, Andreas 38 41 15, 43 2, 26 H. Rauterkus, Stephanie 2, 16, 26, 46 Yates Rees, Colonel 59 Christian, OR CFMO Ro, SeungHan 22 Rodriguez, Mauricio 22 Rosenblatt, Eric 56 Rottke , Nico B. 8, 53 Roulac, Stephen E. 29 S Saginor, Jesse 29 Sah, Vivek 25, 38, 40, 58 Saiz, Albert 26, 52 Santovito, Rogerio 25 Fonseca Scardilli, Dennis A, 7, 11, 28, 36, Esq 53 Schaefer, Alexander 38 Schetter, Christoph 20 Schilke, Charles 10 Schlanger, Irv Marc 11 Schuhmann, Pete 45 Schulte, Kai-Magnus 57 Schulte, Karl-Werner 14 Seagraves, Philip A 3, 9, 43, 44 Sebastian, Steffen 38 Segerer, Matthias 3, 32, 40 Seiler, Michael J. 9, 51 Seiler, Vicky L 9 Sewalk, Stephen 45, 51 Shea, Barry 28 Shin, Woo-Jin 29 Simons, Robert A. 2, 33 Sirmans, C F 22 Sirmans, G. Stacy 2 Sivitanides, Petros 16 Skaggs, Ethan W. 8 Smersh, Greg 2 Souza, Larry 1, 16, 49, 50 Spahr, Ronald W. 26 Spahr, Ronald W. 38 Springer, Thomas M. 3, 30, 36 Srivatsa, Rahul 39 Steiner, Eva M 3, 31 Steve, Saules 24 Stevenson, Simon 10, 15, 25, 52 Stolworthy, Michael 7, 36 H. Stults, Adam 45, 57 Sun, Libo 46 Sunderman, Mark A 26, 38 Sunderman, Mark A. 6 Swales , Stephen 17 Swidler, Steve 23 T Taltavull de La Paz, Paloma Tang, Edward Chi Ho Taylor, Michael Thériault, Marius Thode, Stephen F. Thompson, Marc Richard Thomson, Thomas A. Thrall, Grant Ian Throupe, Ron Throupe, Ron Throupe, Ron Throupe, Ron Throupe, Ronald L. Tidwell, O. Alan Tse, Elysia Tsharakyan, Ashot Tsolacos, Sotiris Turnbull, Geoffrey 23 56 4 5 49 4, 26, 34 39 48, 61 12 24 39 47 2 19, 44, 51, 58 1 23 50 9, 18, 39 K. Tyvimaa, Tanja 37 V Van Zandt, Shannon Vandell, Kerry D. Villupuram, Sriram Viveiros, Eric 29 37 50 5 W Waller, Bennie Wang, Bing Wang, Shuguang Weaver, Colonel Ronald Weeks, H. Shelton Wentland, Scott West, Christina Maria Westerheide, Peter Whalen, Kevin Wiley, Jonathan Williams, John E. Williams, Steve Winkler, Daniel T. Winson-Geideman, Kimberly Wofford, Larry Worzala, Elaine M. Wu, Fred Wu, Zhonghua Wurtzebach, Charles H. Wyman, David 3, 9 17 17 59 6, 9, 17, 38 3 36 11, 23 36 3 17, 35, 42 10, 37 9, 52 27 16, 61 1, 14, 34, 53 25 33 21 13 X Xiao, Qin Xu, Xiaoqing Eleanor 31 45 Y Yanmaz-Tuzel, Ozlem 25 Yao, Vincent Young, James Yu, Wei 56 52 46 Z Zahirovic-Herbert, Velma Zemcik, Petr Zhang, Yan Zhang, Ying Zhao, Yun Zhou, Xiaorong Zhou, Yu Zhuang, Zhixi Cecilia Zieba, Malgorzata Zietz, Joachim Zimmerman, Jeffrey A. Ziobrowski, Alan J. Ziobrowski, Brigitte J. ZuHone, Douglas A. Zumpano, Leonard V. 39 23 11, 26, 46 17 37 25 26, 36, 37 10 40, 44 8 10 9, 22, 43, 51, 56, 58 51 3 2, 30