Financial Flexibility and Investment: Evidence from REIT At‐the‐Market (ATM) Equity Offerings

This article examines changes in real estate investment around the establishment of at‐the‐market (ATM) equity programs by equity REITs. We document a significant increase in the rate of investment following an ATM program announcement and its subsequent use. However, we find that ATM access has a d...

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Veröffentlicht in:	Real estate economics 2018-06, Vol.46 (2), p.334-367
Hauptverfasser:	Howton, Shawn D., Howton, Shelly W., Scheick, Benjamin
Format:	Artikel
Sprache:	eng
Schlagworte:	2006-2012 Betriebliche Finanzwirtschaft Equity Finanzsystem Immobilienfonds Investment Kapitalstruktur Markets Real estate REITs USA
Online-Zugang:	Volltext
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