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Institutional - Grade Properties: Performance and Ownership [PDF]
Quality commercial properties differ in operating performance not only on physical characteristics but in type of ownership, management, and control. For 1996-2001 data on Atlanta apartments, a primary market for multiple types of investors, there is varying operating performance by ownership. Larger-scale owners and local property managers earn higher
John D. Benjamin +2 more
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Ownership Structure, Property Performance, Multifamily Properties, and REITs [PDF]
This research extends literature that empirically evaluates the impact of ownership and management structure on property level performance. The results show that multifamily properties owned and managed by real estate investment trusts (REITs) generate higher effective rents at the property level than non-REIT-owned properties.
William G. Hardin III +2 more
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Property, ownership and employee ownership: employee control in ESOPs
Journal of Participation and Employee Ownership, 2022PurposeMost people associate ownership with the ability to control something. In the USA, employee share (or stock) ownership plans (ESOPs) are one of the principal forms of employee ownership. However, most ESOPs give employees very limited rights of control over the company they own.
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Ownership, Co-Ownership, and the Justification of Property Rights
1996Abstract One of the marks of Jim Harris’s property scholarship was his clear elaboration of and sustained emphasis on the concept of ‘ownership’ and the way it figures in a proper understanding of property. In this chapter I hope to elaborate a ‘property- specific justice reason’, Harris’s term for those reasons which specifically worked
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Property Taxes, Mobility, and Home Ownership
Journal of Urban Economics, 1995Summary: In contrast with the conventional property tax, which is based on current market value, the acquisition-value property tax is based on the market value of the property at the time it was purchased. A switch to an acquisition-value tax (i) decreases household mobility, (ii) increases the likelihood of home ownership among infrequent movers at ...
O'Sullivan, Arthur +2 more
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