Clientele Effects and Condo Conversions

During an asset boom a property can develop a new usage. Appreciation investors emerge to change a property's occupant mix or letter grade. Rental investors not intending to change the mix or grade are outbid. Sellers receive a capitalized premium from the new type of bidder. For apartments in...

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Bibliographische Detailangaben

Veröffentlicht in:	Real estate economics 2008-09, Vol.36 (3), p.611-634
Hauptverfasser:	Benjamin, John D., Chinloy, Peter, Hardin III, William G., Wu, Zhonghua
Format:	Artikel
Sprache:	eng
Schlagworte:	Appreciation Bidders Condominiums Housing developments Investors State court decisions Studies
Online-Zugang:	Volltext
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