Get 20M+ Full-Text Papers For Less Than $1.50/day. Start a 14-Day Trial for You or Your Team.

Learn More →

Back Matter

Back Matter 2017 AMERICAN REAL ESTATE SOCIETY JOURNAL MANUSCRIPT PRIZE WINNERS Journal of Real Estate Research Best paper in 2017 volume as selected by the ARES membership. Which Green Office Building Features Do Tenants Pay For? A Study of Observed Rental Effects Spenser Robinson, Robert Simons, and Eunkyu Lee 39:4, 467–92 Journal of Real Estate Portfolio Management Best paper in 2017 volume as selected by the ARES membership. On the Interest Rate Sensitivity of REITs: Evidence from Twenty Years of Daily Data Michael Giliberto and David Shulman 23:1, 7–20 Congratulations to all the authors. 2018 ARES MANUSCRIPT PRIZE WINNERS The American Real Estate Society proudly announces the following manuscript prize winners for research papers presented at the American Real Estate Society’s 34rd Annual Meeting. Category #1: Apartments ‘‘Sentiments & Commercial Loans’’ By: Prashant Das (University of Applied Sciences Western Switzerland) and Julia Freybote (Florida International University) Category #2: Marc Louargand Best Research Paper by a Practicing Professional ‘‘Credit Risk of Low Income Mortgages’’ By: Hamilton Fout (Fannie Mae), Grace Li (SunTrust Bank), Mark Palim (Fannie Mae), and Ying Pan (Fannie Mae) Category #3: CoStar Data ‘‘The Impact of School Quality Vectors on Multifamily Housing’’ By: Spenser J. Robinson (Central Michigan University), Jeremy Gabe (University of Auckland), Andrew Sanderford (University of Arizona), and Emily M. O’Halloran (Central Michigan University) Category #4: Housing ‘‘Price and Trading Volume in the Housing Market’’ By: Ping Cheng (Florida Atlantic University), Zhenguo (Len) Lin (Florida International University), and Yingchun Liu (University of North Texas) Category #5: Industrial Real Estate None Category #6: Innovative Thinking Out of the Box ‘‘Discretionary-Based Textual Analysis in German Real Estate Markets’’ By: Jessica Roxanne Ruscheinsky (IREBS University of Regensburg), Katrin Kandlbinder (IREBS University of Regensburg), and Wolfgang Schaefers (IREBS University of Regensburg) Category #7: Mixed Use Properties ‘‘Decision-Making Dynamics in Location Selection for Mixed-Use Resort Community Development’’ By: Bing Wang (Harvard University) and Jenny Xia (Harvard University) Category #8: Office Buildings / Office Parks None Category #9: Property / Asset Management ‘‘A Real Game Changer in Real Estate: Blockchain’’ By: Jan Veuger (Hanze University of Applied Sciences) Category #10: Real Estate Brokerage / Agency ‘‘Properties that Transact At or Above Listing Price’’ By: Geoffrey K. Turnbull (University of Central Florida), Bennie D. Waller (Longwood University), and Velma Zahirovic-Herbert (University of Georgia) Category #11: Real Estate Cycles ‘‘Liquidity Imbalance in Residential Housing in Rising and Declining Markets’’ By: Ekaterina Chernobai (California State Polytechnic University Pomona) and Tarique Hossain (California State Polytechnic University Pomona) Category #12: Real Estate Education ‘‘Infusing Cultural Differences into Complex Real Estate Student Projects: An Exploratory Learning Experience’’ By: Kelly A Jameson (St. Cloud State University) and Lalita Subrahmanyan (St. Cloud State University) Category #13: Real Estate Finance ‘‘Does Broker Race Affect Mortgage Prices? Evidence from the Subprime Mortgage Market’’ By: Brent W. Ambrose (Pennsylvania State University), James N. Conklin (University of Georgia), and Luis A. Lopez (Pennsylvania State University) Category #14: Real Estate Investment ‘‘The Impact of Intrafirm Distance on Stock Market Liquidity’’ By: George D. Cashman (Marquette University), David M. Harrison (University of Central Florida), Michael J. Seiler (College of William & Mary), and Hainan Sheng (University of Northern Iowa) Category #15: Real Estate Investment Trusts ‘‘Are Overpaid Acquisitions Bad Deals? Evidence from REITs’’ By: Joseph T.L. Ooi (National University of Singapore) and Fan Zhang (National University of Singapore) Category #16: Real Estate Market Analysis ‘‘To Airbnb? A Question of Returns’’ By: Andy Krause (Greenfield Advisors) and Gideon Aschwanden (University of Melbourne) Category #17: Real Estate Portfolio Management ‘‘Sovereign Wealth Fund Real Estate Investment’’ By: S. McKay Price (Lehigh University), Peng Liu (Cornell University), and Nathan Mauck (University of Missouri–Kansas City) Category #18: Real Estate Valuation ‘‘Valuation Errors, Collateral Risk, and the Role of Mortgage Insurance’’ By: Paul Carrillo (George Washington University), William M. Doerner (Federal Housing Finance Agency), and William Larson (Federal Housing Finance Agency) Category #19: Seniors Housing ‘‘External House Price Effects of Assisted Living Facilities and Nursing Homes’’ By: Velma Zahirovic-Herbert (University of Georgia) and Karen M. Gibler (Georgia State University) Category #20: Spatial Analytics / GIS Applications ‘‘Impact of Industrial Rezoning on Residential House Prices’’ By: Jeffrey G. Robert (University of Georgia) and Velma Zahirovic-Herbert (University of Georgia) Category #21: Sustainable Real Estate ‘‘Impact of Flood Zone on Residential Property Asking Price. Are People Aware of the Risk? Case of Province of Quebec’’ By: Philippe Belanger (Universite Laval) and Michael Bourdeau-Brien (Universite Laval) Category #22: Corporate Real Estate None S P E C I A L I S S U E S JOURNAL OF REAL ESTATE RESEARCH Real Estate Brokerage (Summer, 1988): Sponsored by the National Association of REALTORS (NAR). Corporate Real Estate (Fall, 1989): Sponsored by AICAM and HHASI. Appraisal (Spring, 1990): Sponsored by the Appraisal Institute (AI). Determinants of Demand (Fall, 1991): Sponsored by NAR. Environmental Influences on Value (Summer, 1992): Sponsored by AI. Real Estate Investment (Fall, 1992): Sponsored by the Pension Real Estate Association. Corporate Real Estate (Fall, 1993): Sponsored by the International Association of Corporate Real Estate Executives (NACORE). Retail Real Estate (Winter, 1994): Sponsored by International Council of Shopping Centers. Real Estate Brokerage (Winter, 1995). REITs (1995: Vol. 10(3 / 4)): Sponsored by the National Association of Real Estate Investment Trusts (NAREIT) and Equitable Real Estate Investment Management. Regulation and the Mortgage Lending Process (1996: Vol. 11(1)): Sponsored by the Mortgage Banker’s Association. International Real Estate Investment (1996: Vol. 11(2)): Sponsored by Jones Lang Wootton USA. Apartments (1996: Vol. 11(3) & Vol. 11(4)): Sponsored by MIG Realty Advisors. International Real Estate Investment (1997: Vol. 13(3)): Sponsored by Jones Lang Wootton USA. Residential Appraisal and the Lending Process (1998: Vol. 15(1 / 2)): Sponsored by the Fannie Mae Foundation. Property / Asset Management (1998: Vol. 15(3)): Sponsored by the BOMI Institute. REITs (1998: Vol. 16(3)): Sponsored by the National Association of Real Estate Investment Trusts. Corporate Real Estate (1999: Vol. 17(3)): Sponsored by NACORE International. Cycles in Real Estate (1999: Vol. 18(1)): Sponsored by PricewaterhouseCoopers and SynerMark Investments. Residential Real Estate Brokerage: (2000: Vol. 20(1 / 2)): Sponsored by Realty One. Corporate Real Estate (2001: Vol. 22(1 / 2)): Sponsored by NACORE International. Multifamily Housing (2003: Vol. 25(2)): Sponsored by Freddie Mac. Issues For Inner-City Real Estate Markets: (2003: Vol. 25(4)): Sponsored by the Real Estate Research Center of Morehouse College. The Home Mortgage Disclosure Act (HMDA): (2007: Vol. 29(4)): Sponsored by Wells Fargo. Chinese Real Estate Markets: (2012: Vol. 34(3)). A R E S M O N O G R A P H S 1994: Essays in Honor of James A. Graaskamp: Appraisal, Market Analysis and Public Policy in Real Estate (481 pages). 1995: Alternative Ideas in Real Estate Investment (189 pages). 1996: Megatrends in Retail Real Estate (co-sponsored by ICSC: 378 pages). 1997: Seniors Housing (sponsored by the National Investment Center for the Seniors Housing and Care Industries: 248 pages). 1998: Ethics in Real Estate (co-sponsored by the Howard Hughes Corporation: 317 pages). 1999: Essays in Honor of James A. Graaskamp: Ten Years After (436 pages). 2000: Real Estate Education: Past, Present and Future (co-sponsored by the European Business School: 523 pages). 2001: Real Estate Valuation Theory (sponsored by the Appraisal Institute: 430 pages). 2002 / 3: Essays in Honor of William N. Kinnard, Jr. (co-sponsored by the Appraisal Institute and the RICS Foundation: 328 pages). 2006 / 8: Indigenous Peoples and Real Estate Valuation Issues (co-sponsored by the Appraisal Institute Education Trust and the Appraisers Research Foundation). 2009 / 11: Essays in Honor of James R. Webb. N E W $ 2 , 5 00 M A N U S CR I P T P R I Z E CoStar Group will provide a $2,500 manuscript prize for the best research paper presented at the ARES Annual Meeting that uses CoStar data. CoStar has comprehensive, detailed property level information and up to 15 years of historical data in most major markets throughout the U.S. and U.K. They currently track approximately 1.6 million commercial properties totaling 30 billion square feet and have verified comparable sales data on approximately 1.3 million sales transactions—all property types, including retail, multifamily, hospitality and land. Anyone interested in obtaining CoStar data for research purposes should contact: Jay Spivey Director of Analytics CoStar Group, Inc. 2 Bethesda Metro Center, 10th Floor Bethesda, MD 20814 Phone: 888-576-9223 Fax: 888-537-9358 Email: jspivey@costar.com JRER LEGACY A WA RDS WINNERS The American Real Estate Society (ARES) Legacy Awards are for the three best papers published in the Journal of Real Estate Research (JRER) in selected years. The awards are $25,000, $10,000, and $5,000. The 2012 Awards below were determined by the votes of the JRER Editorial Board. The awards cover the period 2009–2011. YEAR PUBLISHED AMOUNT AUTHORS TITLE 2011 $25,000 Nasser Daneshvary, Short-Term Own-Price and Terrence M. Clauretie, Spillover Effects of Distressed & Ahmad Kader Residential Properties: T he Case of a Housing Crash 2010 $10,000 Gary Pivo & Jeffrey D. Income, Value and Returns in Fisher Socially Responsible Office Properties 2010 $5,000 Michael LaCour-Little, Home Equity Extraction by Eric Rosenblatt, & Homeowners: 2000-2006 Vincent W. Y ao 2017 RED PEN AWARD WINNERS AMERICAN REAL ESTATE SOCIETY Journal of Real Estate Research Zhonghua Wu Journal of Housing Research Bennie Waller Journal of Real Estate Literature Joshua Harris Journal of Real Estate Portfolio Management Desmond Tsang Journal of Sustainable Real Estate Drew Sanderford CALL FOR PAPERS JOURNAL OF HOUSING RESEARCH The American Real Estate Society announces a call for papers for the Journal of Housing Research (JHR). The objective of the JHR is to serve as an outlet for theoretical and empirical research on a broad range of housing related topics, including but not limited to, the economics of housing markets, residential brokerage, home mortgage finance and mortgage markets, and international housing issues. All submitted manuscripts are subject to double-blind peer review by members of the journal’s Editorial Board and other real estate scholars and professionals. Preferable word processing format is as a PDF or Microsoft Word file. The JHR style is similar to the Journal of Real Estate Research (see www.aresnet.org or a copy of the journal for a style guide). Final revisions must be in Word, WordPerfect or other acceptable word-processing program. Manuscripts should be original, unpublished works not under publication consideration anywhere else. Manuscripts should be submitted via the automated author submission system for the journal at: http://www.editorialmanager.com/jhr. Justin D. Benefield Auburn University College of Business 405 W. Magnolia Ave., Suite 303 Auburn, AL 36849 jbd0068@auburn.edu 2019 Membership Renewal Form American Real Estate Society Name________________________________________Title/Department__________________________ Company/University____________________________________________________________________ Address______________________________________________________________________________ City__________________________State_______ ZIPCode________+_ ___Country______________ Phone ____________________________ Fax ________________________________________________ Email________________________________________________________________________________ 2019 Membership Dues ___ ProfessionalMembership(circle one) Method of Payment PrintedMedia……………..…………… $350 Electronic Media………………………. $300 TotalDues $___________ Both (printed andelectronic)…….……. $400 ____Check (Payable to ARES) Paymentbycheck preferredby ___ AcademicMembership(circle one) ARES PrintedMedia……………..…………… $175 Electronic Media………………………. $135 Both (printed andelectronic)………….. $200 Method of Payment ___VISA ___MasterCard___Discover ___ Academic RetiredMembership(circle one) PrintedMedia……………..…………… $105 Card # _________ - _________ - _________ - _________ Electronic Media………………………. $85 Both (printed andelectronic)……….…. $145 Expiration ________ CVV (on back of card) ________ ___ Student or Adjunct Membership (circle one) Authorized Signature ________________________________ PrintedMedia……………..…………… $105 Electronic Media………………………. $85 ________________________________ Address on card Both (printed andelectronic)….………. $145 ________________________________ ___ LifeMembership ___PrintedMedia Date________________________ ___ElectronicMedia For information on becoming a Life Member, contact Stephen Pyhrr at (512) 483-3804 or spyhrr@synermarkprop.com. Return this form with paymentto: DianeQuarles ___ Corporate Membership (circle one) Manager, ARES Member Services PrintedMedia……………..…………… $675 ClemsonUniversity Electronic Media………………………. $600 318 Sirrine Hall Both (printed andelectronic)……….…. $700 Clemson, SC 29634-1303 Phone: 864-656-1373 ___ Fellows Contribution Regular…………. $250 Fax: 864-656-4892 ___ FellowsContributionDistinguished....... $500 ___ FellowsContributionBenefactor……..$1,000 ___ Endowed Doctoral Sponsorship ........ $10,000 ___ Endowed InternationalScholar ……. $25,000 ___ Sponsor................................................. $1,500 ___ Regent................................................. $3,000 ___ President’sCouncil............................. $6,000 EDITORIAL POLICY and SUBMISSION GUIDELINES Mission Statement The Editors of The Journal of Sustainable Real Estate are dedicated to working with scholars in existing and emerging markets to produce high quality papers to expand knowledge in the field of sustainability and the built environment. Journal Objectives The Journal of Sustainable Real Estate (JOSRE) is an official publication of the American Real Estate Society (ARES). JOSRE is published once a year. The journal is committed to open access publication. JOSRE is also committed to publishing the highest quality analytical, empirical, and clinical research that is useful to business decision-makers in the fields of real estate development, economics, finance, investment, law, management, marketing, secondary markets, and valuation. Theoretical papers that fail to provide testable or policy implications are discouraged. Data used in empirical research must be thoroughly documented and sufficient details of computations and methodologies must be provided to allow duplication. The Editorial Board of JOSRE is interested in expanding the frontiers of scholarly real estate research and is willing to work with any potential author who is developing new and exciting ideas. Please visit http: / / www.josre.org for the most up-to-date information on the Journal. Topics and potential questions of interest include, but are not limited to, the following: n Corporate green and sustainable strategies and policies n Environmental contamination and offsite effects n Evaluating financial benefits of retrofits and improvements n Financing, insurance, and valuation issues n High-performance building systems; productivity and design n Net zero and living building challenge case studies, strategies, and lessons learned n Philosophical and definitional changes in green over time n Regulatory issues promoting or inhibiting real estate sustainability n Residential green and sustainable strategies and policies Note: Prior to submission, authors are strongly advised to review a recent issue of JOSRE to confirm that their manuscript is in the style the journal requires. Policies Editorial and Review Policies After a manuscript is submitted, the editor reads each submitted manuscript to decide if the topic and content of the paper fit the mission and objective of JOSRE. Appropriate fit manuscripts through the desk review process are then assigned by the editor to one of the co-editors. The co-editor upon reading the manuscript then sends the manuscript out for a double-blind peer review process to at least two reviewers. At least one of the blind reviews is an editorial board member. The co-editor upon receiving evaluation form and comments back from reviewers then determines if the paper should be accepted, accepted with major revisions, accepted with minor revisions, or rejected. If there is a split vote, the manuscript may go out to a third reviewer for a tie brreak. The co-editor may also act as the third reviewer solely for the purpose of a tie break, if needed. Once the paper has been resolved, the editor confirms the co-editor’s decision regarding final decision for publication. The editor has final oversight over accepted papers. The editor weighs in on and balances when there is a split vote between the blind reviewers. The co-editor sends a decision letter that provides the author(s) with blinded reviewer forms, including the original peer review. Publication Ethics Policy Two questions are asked to all authors upon submitting a new manuscript via the Allen Press website to JOSRE. 1) Do you attest the work is your own? 2) Have you ever published any portion of this elsewhere? JOSRE requires that the research be original and that the author attests in writing to this statement before proceeding with it being able to submit the paper. The JOSRE ethical policy also does not allow any co-author to be able to review a manuscript. Copyright Policy From the American Real Estate Society’s By-Laws and Organizational Procedures (Revised 4 / 15 / 2015) Article V Section 5.6. Copyrights and Royalties. 5.6.1 ‘‘The copyright to any and all articles published shall be owned by and reserved to the Society.’’ 5.6.2 ‘‘Any paper that has been previously copyrighted will not be placed in review or published in journal.’’ 5.6.3 ‘‘The ARES copyright is not to be relinquished, although permission to reprint an article may be given. If the request does not involve a royalty, the editor may give this permission directly and without the author(s) permission.’’ 5.6.6 ‘‘Any reprint of a JOSRE article is to be acknowledged as follows ‘‘Reprinted from the Journal of Sustainable Real Estate, (20xx), Volume , pp with permission of the American Real Estate Society.’’ Open Access Policy JOSRE has Creative Commons Attribution License that permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited. Article Retraction and Correction Policy JOSRE relies on our reviewers to vet major issues with the methodology of submissions, as well as the co-editor’s oversight during the review process. Authors and editors are expected to carefully review final galley proofs. It is a two-step process. Both authors and editors separately are expected to review for errors. Authors and editors have an opportunity to make changes to a manuscript prior to final publication during galley proof stage. If outsiders wish to contest the validity of findings, their brief notes may be published in letter to editor in subsequent issue at the discretion of editor. This would further allow the original author(s), to respond, should they choose. Papers will only be retracted in the case of verification that the data were falsified. In the unlikely case this were to occur, the matter would be brought before the publication director of ARES to determine if in this case a retraction is warranted. The publication director will determine the next course of action. Publication Ethics and Malpractice Statement The following verbiage is taken from https: / / jistudents.org / publication-ethics-and- malpractice-statement / and http: / / www.publicationethics.org www.publicationethics.org. The Journal of Sustainable Real Estate is dedicated to following best practices on ethical matters. The prevention of publication malpractice is an important responsibility of the editorial board. Any kind of unethical behavior is not acceptable and the editors of this journal will not tolerate plagiarism in any form. The following duties outlined for editors, authors, and reviewers are based on the COPE Code of Conduct for Journal Editors, AERA Code of Ethics, and the APA Publications Ethics as of January 30, 2018. Duties of Editors 1. Publication Decisions: Based on the review report, the editor has complete responsibility and authority to accept, reject, or request modifications to the manuscript. 2. Review of Manuscripts: Each editor must ensure that each manuscript is initially evaluated by the editor for originality, making use of appropriate software to do so. Following desk review, the manuscript is forwarded for blind peer review to the co- editor who will make a recommendation to accept, reject, or modify the manuscript. 3. Fair Review: The editor must ensure that each manuscript submitted to JOSRE is reviewed for its intellectual content without regard to sex, gender, race, religion, citizenship, etc. of the authors. 4. Confidentiality: The editor must ensure that information regarding manuscripts submitted by the authors is kept confidential. 5. Disclosure and Conflicts of Interest: The editor of JOSRE shall not use unpublished materials disclosed in a submitted manuscript for his / her own research without written consent of the author. 6. Errata Information: The editor must publish errata pages or make corrections when needed. 7. Ethical Guidelines: The editor shall ensure that all research material they publish conforms to internationally-accepted ethical guidelines (www.publicationethics.org). 8. Proof of Misconduct: The editor should not reject papers based on suspicions; they should have proof of misconduct. Source: www.publicationethics.org Duties of Authors 1. Publication guidelines: Authors must follow the submission guidelines of the journal. 2. Original Work: Authors must ensure that they have written entirely original work. Authors must certify that the manuscript has not previously been published elsewhere. 3. Multiple Submissions: Authors must certify that the manuscript is not currently being considered for publication elsewhere. 4. Peer Review Process: Authors must participate in the peer review process. 5. Authorship of the Paper: All authors mentioned in the paper must have significantly contributed to the research. Justification for more than four authors on a paper must be explicitly set forth. 6. Data Access and Retention: Authors may be asked to provide raw data related to their manuscript for editorial review and must retain such data through one year following publication. 7. Authenticity of Data: Authors must identify all sources used in the creation of their manuscript. Authors must state that all data in the paper are real and authentic. 8. Conflict of Interest: Authors must notify the editors of any conflicts of interest. 9. Fundamental Errors: Authors are obliged to provide retractions or corrections of mistakes at any point of time if the author(s) discovers a significant error or inaccuracy in submitted manuscript. 10. Research on Human Subjects: When appropriate, all authors must cite approval by an institutional review board (IRB) for research on human subjects. Source: www.publicationethics.org Duties of Reviewers 1. Confidentiality: Reviewers should keep all information regarding papers confidential and treat them as privileged information. 2. Acknowledgment of Sources: Reviewers must ensure that authors have acknowledged all sources of data used in the research. 3. Standards of Objectivity: Reviews should be conducted objectively, with no personal criticism of the author (see manuscript review rubric and reviewer form). 4. Supporting Argument: Reviewers should express their views clearly with supporting arguments. 5. Plagiarism, Fraud, and Other Ethical Concerns: Reviewers should let the editor know if you suspect / find that a manuscript is a substantial copy of another work, citing the previous work in as much detail as possible. 6. Relevant Work: Reviewers should identify relevant published work that has not been cited by the authors. 7. Conflicts of Interest: Reviewers should not review manuscripts in which they have conflicts of interest resulting from competitive, collaborative, or other relationships or connections with any of the authors, companies, or institutions connected to the papers. 8. Promptness: In the event that a reviewer feels it is not possible for him / her to complete review of manuscript within the stipulated time, then this information must be communicated to the editor, so that the manuscript can be sent to another reviewer. Source: www.publicationethics.org Guidelines Submission Requirements Please be aware that membership in the American Real Estate Society is not required for submission, acceptance, or publication in JOSRE. No fees are charged to authors to review or publish manuscripts in JOSRE. Submitted manuscripts should be original research and the names appearing on the manuscript should be that of the individual(s) who conducted the research. The manuscript should not be under review simultaneously at another journal nor substantially resemble those that are under review at another journal. All papers are subject to anonymous double-blind review by practicing academic faculty and professionals. Articles must be written to be understandable by institutional real estate investors. Applied empirical studies will be given preference, though case studies are also encouraged for submission. Authors should submit a manuscript that is double-spaced and paginated. All pages, except for the cover page, should be numbered consecutively. The cover page, which will be removed before the manuscript is sent to a blind reviewer, must contain the following: 1. Title 2. All substantially contributing authors’ title, full names, and their affiliations (mailing addresses, phone numbers, and email addresses). 3. Four to six keywords. 4. Abstract (100–250 words). JOSRE only accepts online submissions through our publisher, Allen Press’ website. This process requires: 1. Cover letter to the attention of Roby Simons / Senior Editor. 2. Article MS Word version as intended layout for publication (with authors names allowed throughout). 3. Article MS Word version as required for blind peer-review process (with all names and identifying information removed from title page, acknowledgements, metadata in file name, etc.). Please save this version as *Manuscriptwoauthorsnames. If this is author’s first time using the JOSRE web-platform, you will need to create a username and password with Allen Press. Please use this link for all manuscript submissions: http: / / www.editorialmanager.com / josre / default.aspx. All questions regarding manuscript submission should be directed to Amelia Caldwell at: A.S.Caldwell@csuohio.edu. Abstract An abstract of 100–250 words is required. Keywords A minimum of four and maximum of six key words are required to be submitted on title page. Headings Primary, secondary, and tertiary heading should be indicated by numbering or in outline fashion (i.e., I, II, A, B, i, ii, etc.). Such outlining / numbering is for editorial purposes only and will not appear in print. Exhibits Illustrations must be titled and numbered consecutively as exhibits with Arabic numbers. Please check that the text contains a reference to each exhibit. Verify that all numerical amounts add up to totals shown in the tables and that significant digits are rounded to no more than three numbers. All figures need to be sharp, clear, and laser-quality. Authors are encouraged to utilize color. Endnotes Endnotes in the text must be cited consecutively. They should be double-spaced and appear on a separate page. Avoid numerous and lengthy endnotes. References References must be presented alphabetically by the last name of the author and be double- spaced. References must be dated, and the citations in the text must agree. Only those references cited within the text should be included. The references must fit the following format: Deutsch, C.H. Commercial Property: Retail Space; For Retailers, It’s Space for Hard-Put Landlords. The New York Times, January 26, 1992, 10:1. Judge, G.G., W.E. Griffiths, R.C. Hill, H. Lutkepohl, and T.-C. Lee. The Theory and Practice of Econometrics. Second edition, New York: John Wiley, 1985. Kinnard, W.N. Tools and Techniques for Measuring the Effects of Proximity to Radioactive Contamination of Soil on Single-Family Residential Sales Prices. Paper presented at the Appraisal Institute Symposium, October 1991. Mills, E.S. The Value of Urban Land. In H. S. Perloff, editor, The Quality of the Urban Environment, Baltimore, MD: Johns Hopkins University, 1971, 229–53. Shilton, L., W. O’Connor, K. Teall, and J.R. Webb. Real Estate Taxation and Commercial Loan Underwriting. Decision Sciences, 1992, 23:5, 1162–73. Acknowledgment Authors may include a brief acknowledgment. It should appear after the references. Special Note Authors are strongly advised to review a recent issue of the JOSRE to confirm that their manuscript is in the style the Journal requires. THE AMERICAN REAL ESTATE SOCIETY Officers President President Elect Vice President and Program Ken H. Johnson Sofia Dermisi Chair Florida Atlantic University University of Washington Simon Stevenson University of Washington Treasurer Director of Development Karl Guntermann* Stephen A. Pyhrr* Secretary Arizona State University–Emeritus SynerMark Properties, Inc. Thomas M. Springer Clemson University Director of Publications Director of Finance Ken H. Johnson Mauricio Rodriguez* Executive Director Florida Atlantic University Texas Christian University David Funk Roosevelt University Associate Director of Publications Meeting Planner Eli Beracha Bennie Waller Ombudsperson Florida International University Longwood University Larry E. Wofford* University of Tulsa Director of Strategy Vice Program Chair Stephen E. Roulac* Philip Seagraves Historian and Parliamentarian Roulac Global LLC & University Middle Tennessee State University Joseph D. Albert* of Ulster James Madison University Director of Industry Liaison Willard McIntosh* USAA Real Estate Company Appointed Positions Co-Editors, JREPM Managing Editors, JHR Ass. Executive Director, Research Peng Liu Kimberly Goodwin and Manuscript Prizes Cornell University University of Southern Mississippi Christopher Manning* Loyola Marymount University Greg MacKinnon Velma Zahirovic-Herbert Pension Real Estate Association University of Georgia Ass. Executive Director, Website Content & Social Media Simon Stevenson* Editor, JOSRE Kimberly Goodwin University of Washington Robert Simons* University of Southern Mississippi Cleveland State University Co-Editors, JREL Director of International Liaison Eli Beracha Co-Editors, JOSRE Eamonn D’Arcy Florida International University Pernille Christensen University of Reading University of Technology, Sydney David M. Harrison* Newsletter Editor University of Central Florida Spenser Robinson Julia Freybote Central Michigan University Mauricio Rodriguez* Florida International University Texas Christian University Vivek Sah Director of Placement University of San Diego Editor, JHR David Funk Justin Benefield Editor, JRER Roosevelt University Auburn University Ko Wang Elections Officer Johns Hopkins University Executive Editors, JHR Joseph D. Albert* Ken H. Johnson Co-Editors, JRER James Madison University Florida Atlantic University William Hardin III Director, Critical Issues Seminar Florida International University Michael LaCour-Little Neil Shah Fannie Mae & CSU-Fullerton Michael Seiler Royal Institution of Chartered Surveyors College of William and Mary Geoffrey K. Turnbull ARES Webmaster University of Central Florida Doctoral Seminar Director Mark Sunderman Elaine Worzala* University of Memphis College of Charleston Board of Directors Christopher L. Cain (2018–20) David Harrison* (2016–21) Michael Seiler* (2015–20) College of Charleston University of Central Florida College of William & Mary Pernille Christensen (2018–23) Michael J. Highfield (2018–23) Neil Shah (2016–21) University of Technology, Sydney Mississippi State University RICS Reid Cummings (2016–22) Anthony Pennington-Cross (2018– G. Stacy Sirmans* (2014–19) University of South Alabama 23) Florida State University Marquette University Charles DiRocco (2018–23) Mark Sunderman (2014–19) Altus / ARGUS Group S. McKay Price (2014–19) University of Memphis Lehigh University Terry R. Dunkin (2017–22) Bennie Waller (2016–21) Al and Dunkin Real Estate Advisors Spenser Robinson (2015–20) Longwood University Central Michigan University Andrew C. Florance (2015–20) Kimberly Winson-Geideman (2018– CoStar Group Andrew R. Sanderford (2016–21) 22) University of Arizona University of Melbourne William G. Hardin III* (2017–22) Florida International University Douglas Sawyer (2014–19) CCIM Institute & Sawyer Properties IRES Board Members Velma Herbert (2016–19) Karen Gibler (2017–20) Jeremy Gabe (2018–21) University of Georgia Georgia State University University of Auckland *Past ARES President 1 Preface 3 When Would Driverless Vehicles Make Downtown Parking Unsustainable, and Where Would the Driverless Car Fleet Rest During the Day? Robert A. Simons, David C. Feltman, and Alexandra A. Malkin 33 Time-to-Sell of New Green Housing Yuval Arbel, Danny Ben-Shahar, Sharon Horsky, and Naor Versano 59 Case Study: Brownfield Externalities’ Valuation in Wuhan, China Qinna Zhao, Qixin Xu, and Mengling Liu 81 The Impact of Green Premium on the Development of Green-labeled Offices in the U.K. Tunbosun B. Oyedokun, Neil Dunse, and Colin Jones 109 Leadership in Sustainability a Case Study: Green Globe Certification and Financing and the Impact on a Multifamily Property’s Rate of Return Douglas S. Bible and Michael C. Chikeleze 135 The Impact of Flood Zones on Residential Property Prices: The Case of Canada Philippe Be ´langer, Michael Bourdeau-Brien, and Maxence Dumestre 163 Willingness to Pay for Sustainable Features in Prime Residential Submarkets of Lagos Austin C. Otegbulu Book Review 190 The Routledge Handbook of Sustainable Real Estate Edited by: Sara Wilkinson; Tim Dixon, Norm Miller, and Sarah Sayce Reviewed by: Theddi Wright Chappell, CRE, MAI, FRICS, AAPI, LEED AP J O S R E V o l . 1 0 2 0 1 8 u u I S S N : 1 9 4 9 - 8 2 7 6 http://www.deepdyve.com/assets/images/DeepDyve-Logo-lg.png Journal of Sustainable Real Estate Taylor & Francis

Back Matter

Journal of Sustainable Real Estate , Volume 10 (1): 1 – Jan 1, 2018

Loading next page...
 
/lp/taylor-francis/back-matter-XdBhABeUh0

References

References for this paper are not available at this time. We will be adding them shortly, thank you for your patience.

Publisher
Taylor & Francis
Copyright
© 2018 American Real Estate Society
ISSN
1949-8284
DOI
10.1080/10835547.2018.12091903
Publisher site
See Article on Publisher Site

Abstract

2017 AMERICAN REAL ESTATE SOCIETY JOURNAL MANUSCRIPT PRIZE WINNERS Journal of Real Estate Research Best paper in 2017 volume as selected by the ARES membership. Which Green Office Building Features Do Tenants Pay For? A Study of Observed Rental Effects Spenser Robinson, Robert Simons, and Eunkyu Lee 39:4, 467–92 Journal of Real Estate Portfolio Management Best paper in 2017 volume as selected by the ARES membership. On the Interest Rate Sensitivity of REITs: Evidence from Twenty Years of Daily Data Michael Giliberto and David Shulman 23:1, 7–20 Congratulations to all the authors. 2018 ARES MANUSCRIPT PRIZE WINNERS The American Real Estate Society proudly announces the following manuscript prize winners for research papers presented at the American Real Estate Society’s 34rd Annual Meeting. Category #1: Apartments ‘‘Sentiments & Commercial Loans’’ By: Prashant Das (University of Applied Sciences Western Switzerland) and Julia Freybote (Florida International University) Category #2: Marc Louargand Best Research Paper by a Practicing Professional ‘‘Credit Risk of Low Income Mortgages’’ By: Hamilton Fout (Fannie Mae), Grace Li (SunTrust Bank), Mark Palim (Fannie Mae), and Ying Pan (Fannie Mae) Category #3: CoStar Data ‘‘The Impact of School Quality Vectors on Multifamily Housing’’ By: Spenser J. Robinson (Central Michigan University), Jeremy Gabe (University of Auckland), Andrew Sanderford (University of Arizona), and Emily M. O’Halloran (Central Michigan University) Category #4: Housing ‘‘Price and Trading Volume in the Housing Market’’ By: Ping Cheng (Florida Atlantic University), Zhenguo (Len) Lin (Florida International University), and Yingchun Liu (University of North Texas) Category #5: Industrial Real Estate None Category #6: Innovative Thinking Out of the Box ‘‘Discretionary-Based Textual Analysis in German Real Estate Markets’’ By: Jessica Roxanne Ruscheinsky (IREBS University of Regensburg), Katrin Kandlbinder (IREBS University of Regensburg), and Wolfgang Schaefers (IREBS University of Regensburg) Category #7: Mixed Use Properties ‘‘Decision-Making Dynamics in Location Selection for Mixed-Use Resort Community Development’’ By: Bing Wang (Harvard University) and Jenny Xia (Harvard University) Category #8: Office Buildings / Office Parks None Category #9: Property / Asset Management ‘‘A Real Game Changer in Real Estate: Blockchain’’ By: Jan Veuger (Hanze University of Applied Sciences) Category #10: Real Estate Brokerage / Agency ‘‘Properties that Transact At or Above Listing Price’’ By: Geoffrey K. Turnbull (University of Central Florida), Bennie D. Waller (Longwood University), and Velma Zahirovic-Herbert (University of Georgia) Category #11: Real Estate Cycles ‘‘Liquidity Imbalance in Residential Housing in Rising and Declining Markets’’ By: Ekaterina Chernobai (California State Polytechnic University Pomona) and Tarique Hossain (California State Polytechnic University Pomona) Category #12: Real Estate Education ‘‘Infusing Cultural Differences into Complex Real Estate Student Projects: An Exploratory Learning Experience’’ By: Kelly A Jameson (St. Cloud State University) and Lalita Subrahmanyan (St. Cloud State University) Category #13: Real Estate Finance ‘‘Does Broker Race Affect Mortgage Prices? Evidence from the Subprime Mortgage Market’’ By: Brent W. Ambrose (Pennsylvania State University), James N. Conklin (University of Georgia), and Luis A. Lopez (Pennsylvania State University) Category #14: Real Estate Investment ‘‘The Impact of Intrafirm Distance on Stock Market Liquidity’’ By: George D. Cashman (Marquette University), David M. Harrison (University of Central Florida), Michael J. Seiler (College of William & Mary), and Hainan Sheng (University of Northern Iowa) Category #15: Real Estate Investment Trusts ‘‘Are Overpaid Acquisitions Bad Deals? Evidence from REITs’’ By: Joseph T.L. Ooi (National University of Singapore) and Fan Zhang (National University of Singapore) Category #16: Real Estate Market Analysis ‘‘To Airbnb? A Question of Returns’’ By: Andy Krause (Greenfield Advisors) and Gideon Aschwanden (University of Melbourne) Category #17: Real Estate Portfolio Management ‘‘Sovereign Wealth Fund Real Estate Investment’’ By: S. McKay Price (Lehigh University), Peng Liu (Cornell University), and Nathan Mauck (University of Missouri–Kansas City) Category #18: Real Estate Valuation ‘‘Valuation Errors, Collateral Risk, and the Role of Mortgage Insurance’’ By: Paul Carrillo (George Washington University), William M. Doerner (Federal Housing Finance Agency), and William Larson (Federal Housing Finance Agency) Category #19: Seniors Housing ‘‘External House Price Effects of Assisted Living Facilities and Nursing Homes’’ By: Velma Zahirovic-Herbert (University of Georgia) and Karen M. Gibler (Georgia State University) Category #20: Spatial Analytics / GIS Applications ‘‘Impact of Industrial Rezoning on Residential House Prices’’ By: Jeffrey G. Robert (University of Georgia) and Velma Zahirovic-Herbert (University of Georgia) Category #21: Sustainable Real Estate ‘‘Impact of Flood Zone on Residential Property Asking Price. Are People Aware of the Risk? Case of Province of Quebec’’ By: Philippe Belanger (Universite Laval) and Michael Bourdeau-Brien (Universite Laval) Category #22: Corporate Real Estate None S P E C I A L I S S U E S JOURNAL OF REAL ESTATE RESEARCH Real Estate Brokerage (Summer, 1988): Sponsored by the National Association of REALTORS (NAR). Corporate Real Estate (Fall, 1989): Sponsored by AICAM and HHASI. Appraisal (Spring, 1990): Sponsored by the Appraisal Institute (AI). Determinants of Demand (Fall, 1991): Sponsored by NAR. Environmental Influences on Value (Summer, 1992): Sponsored by AI. Real Estate Investment (Fall, 1992): Sponsored by the Pension Real Estate Association. Corporate Real Estate (Fall, 1993): Sponsored by the International Association of Corporate Real Estate Executives (NACORE). Retail Real Estate (Winter, 1994): Sponsored by International Council of Shopping Centers. Real Estate Brokerage (Winter, 1995). REITs (1995: Vol. 10(3 / 4)): Sponsored by the National Association of Real Estate Investment Trusts (NAREIT) and Equitable Real Estate Investment Management. Regulation and the Mortgage Lending Process (1996: Vol. 11(1)): Sponsored by the Mortgage Banker’s Association. International Real Estate Investment (1996: Vol. 11(2)): Sponsored by Jones Lang Wootton USA. Apartments (1996: Vol. 11(3) & Vol. 11(4)): Sponsored by MIG Realty Advisors. International Real Estate Investment (1997: Vol. 13(3)): Sponsored by Jones Lang Wootton USA. Residential Appraisal and the Lending Process (1998: Vol. 15(1 / 2)): Sponsored by the Fannie Mae Foundation. Property / Asset Management (1998: Vol. 15(3)): Sponsored by the BOMI Institute. REITs (1998: Vol. 16(3)): Sponsored by the National Association of Real Estate Investment Trusts. Corporate Real Estate (1999: Vol. 17(3)): Sponsored by NACORE International. Cycles in Real Estate (1999: Vol. 18(1)): Sponsored by PricewaterhouseCoopers and SynerMark Investments. Residential Real Estate Brokerage: (2000: Vol. 20(1 / 2)): Sponsored by Realty One. Corporate Real Estate (2001: Vol. 22(1 / 2)): Sponsored by NACORE International. Multifamily Housing (2003: Vol. 25(2)): Sponsored by Freddie Mac. Issues For Inner-City Real Estate Markets: (2003: Vol. 25(4)): Sponsored by the Real Estate Research Center of Morehouse College. The Home Mortgage Disclosure Act (HMDA): (2007: Vol. 29(4)): Sponsored by Wells Fargo. Chinese Real Estate Markets: (2012: Vol. 34(3)). A R E S M O N O G R A P H S 1994: Essays in Honor of James A. Graaskamp: Appraisal, Market Analysis and Public Policy in Real Estate (481 pages). 1995: Alternative Ideas in Real Estate Investment (189 pages). 1996: Megatrends in Retail Real Estate (co-sponsored by ICSC: 378 pages). 1997: Seniors Housing (sponsored by the National Investment Center for the Seniors Housing and Care Industries: 248 pages). 1998: Ethics in Real Estate (co-sponsored by the Howard Hughes Corporation: 317 pages). 1999: Essays in Honor of James A. Graaskamp: Ten Years After (436 pages). 2000: Real Estate Education: Past, Present and Future (co-sponsored by the European Business School: 523 pages). 2001: Real Estate Valuation Theory (sponsored by the Appraisal Institute: 430 pages). 2002 / 3: Essays in Honor of William N. Kinnard, Jr. (co-sponsored by the Appraisal Institute and the RICS Foundation: 328 pages). 2006 / 8: Indigenous Peoples and Real Estate Valuation Issues (co-sponsored by the Appraisal Institute Education Trust and the Appraisers Research Foundation). 2009 / 11: Essays in Honor of James R. Webb. N E W $ 2 , 5 00 M A N U S CR I P T P R I Z E CoStar Group will provide a $2,500 manuscript prize for the best research paper presented at the ARES Annual Meeting that uses CoStar data. CoStar has comprehensive, detailed property level information and up to 15 years of historical data in most major markets throughout the U.S. and U.K. They currently track approximately 1.6 million commercial properties totaling 30 billion square feet and have verified comparable sales data on approximately 1.3 million sales transactions—all property types, including retail, multifamily, hospitality and land. Anyone interested in obtaining CoStar data for research purposes should contact: Jay Spivey Director of Analytics CoStar Group, Inc. 2 Bethesda Metro Center, 10th Floor Bethesda, MD 20814 Phone: 888-576-9223 Fax: 888-537-9358 Email: jspivey@costar.com JRER LEGACY A WA RDS WINNERS The American Real Estate Society (ARES) Legacy Awards are for the three best papers published in the Journal of Real Estate Research (JRER) in selected years. The awards are $25,000, $10,000, and $5,000. The 2012 Awards below were determined by the votes of the JRER Editorial Board. The awards cover the period 2009–2011. YEAR PUBLISHED AMOUNT AUTHORS TITLE 2011 $25,000 Nasser Daneshvary, Short-Term Own-Price and Terrence M. Clauretie, Spillover Effects of Distressed & Ahmad Kader Residential Properties: T he Case of a Housing Crash 2010 $10,000 Gary Pivo & Jeffrey D. Income, Value and Returns in Fisher Socially Responsible Office Properties 2010 $5,000 Michael LaCour-Little, Home Equity Extraction by Eric Rosenblatt, & Homeowners: 2000-2006 Vincent W. Y ao 2017 RED PEN AWARD WINNERS AMERICAN REAL ESTATE SOCIETY Journal of Real Estate Research Zhonghua Wu Journal of Housing Research Bennie Waller Journal of Real Estate Literature Joshua Harris Journal of Real Estate Portfolio Management Desmond Tsang Journal of Sustainable Real Estate Drew Sanderford CALL FOR PAPERS JOURNAL OF HOUSING RESEARCH The American Real Estate Society announces a call for papers for the Journal of Housing Research (JHR). The objective of the JHR is to serve as an outlet for theoretical and empirical research on a broad range of housing related topics, including but not limited to, the economics of housing markets, residential brokerage, home mortgage finance and mortgage markets, and international housing issues. All submitted manuscripts are subject to double-blind peer review by members of the journal’s Editorial Board and other real estate scholars and professionals. Preferable word processing format is as a PDF or Microsoft Word file. The JHR style is similar to the Journal of Real Estate Research (see www.aresnet.org or a copy of the journal for a style guide). Final revisions must be in Word, WordPerfect or other acceptable word-processing program. Manuscripts should be original, unpublished works not under publication consideration anywhere else. Manuscripts should be submitted via the automated author submission system for the journal at: http://www.editorialmanager.com/jhr. Justin D. Benefield Auburn University College of Business 405 W. Magnolia Ave., Suite 303 Auburn, AL 36849 jbd0068@auburn.edu 2019 Membership Renewal Form American Real Estate Society Name________________________________________Title/Department__________________________ Company/University____________________________________________________________________ Address______________________________________________________________________________ City__________________________State_______ ZIPCode________+_ ___Country______________ Phone ____________________________ Fax ________________________________________________ Email________________________________________________________________________________ 2019 Membership Dues ___ ProfessionalMembership(circle one) Method of Payment PrintedMedia……………..…………… $350 Electronic Media………………………. $300 TotalDues $___________ Both (printed andelectronic)…….……. $400 ____Check (Payable to ARES) Paymentbycheck preferredby ___ AcademicMembership(circle one) ARES PrintedMedia……………..…………… $175 Electronic Media………………………. $135 Both (printed andelectronic)………….. $200 Method of Payment ___VISA ___MasterCard___Discover ___ Academic RetiredMembership(circle one) PrintedMedia……………..…………… $105 Card # _________ - _________ - _________ - _________ Electronic Media………………………. $85 Both (printed andelectronic)……….…. $145 Expiration ________ CVV (on back of card) ________ ___ Student or Adjunct Membership (circle one) Authorized Signature ________________________________ PrintedMedia……………..…………… $105 Electronic Media………………………. $85 ________________________________ Address on card Both (printed andelectronic)….………. $145 ________________________________ ___ LifeMembership ___PrintedMedia Date________________________ ___ElectronicMedia For information on becoming a Life Member, contact Stephen Pyhrr at (512) 483-3804 or spyhrr@synermarkprop.com. Return this form with paymentto: DianeQuarles ___ Corporate Membership (circle one) Manager, ARES Member Services PrintedMedia……………..…………… $675 ClemsonUniversity Electronic Media………………………. $600 318 Sirrine Hall Both (printed andelectronic)……….…. $700 Clemson, SC 29634-1303 Phone: 864-656-1373 ___ Fellows Contribution Regular…………. $250 Fax: 864-656-4892 ___ FellowsContributionDistinguished....... $500 ___ FellowsContributionBenefactor……..$1,000 ___ Endowed Doctoral Sponsorship ........ $10,000 ___ Endowed InternationalScholar ……. $25,000 ___ Sponsor................................................. $1,500 ___ Regent................................................. $3,000 ___ President’sCouncil............................. $6,000 EDITORIAL POLICY and SUBMISSION GUIDELINES Mission Statement The Editors of The Journal of Sustainable Real Estate are dedicated to working with scholars in existing and emerging markets to produce high quality papers to expand knowledge in the field of sustainability and the built environment. Journal Objectives The Journal of Sustainable Real Estate (JOSRE) is an official publication of the American Real Estate Society (ARES). JOSRE is published once a year. The journal is committed to open access publication. JOSRE is also committed to publishing the highest quality analytical, empirical, and clinical research that is useful to business decision-makers in the fields of real estate development, economics, finance, investment, law, management, marketing, secondary markets, and valuation. Theoretical papers that fail to provide testable or policy implications are discouraged. Data used in empirical research must be thoroughly documented and sufficient details of computations and methodologies must be provided to allow duplication. The Editorial Board of JOSRE is interested in expanding the frontiers of scholarly real estate research and is willing to work with any potential author who is developing new and exciting ideas. Please visit http: / / www.josre.org for the most up-to-date information on the Journal. Topics and potential questions of interest include, but are not limited to, the following: n Corporate green and sustainable strategies and policies n Environmental contamination and offsite effects n Evaluating financial benefits of retrofits and improvements n Financing, insurance, and valuation issues n High-performance building systems; productivity and design n Net zero and living building challenge case studies, strategies, and lessons learned n Philosophical and definitional changes in green over time n Regulatory issues promoting or inhibiting real estate sustainability n Residential green and sustainable strategies and policies Note: Prior to submission, authors are strongly advised to review a recent issue of JOSRE to confirm that their manuscript is in the style the journal requires. Policies Editorial and Review Policies After a manuscript is submitted, the editor reads each submitted manuscript to decide if the topic and content of the paper fit the mission and objective of JOSRE. Appropriate fit manuscripts through the desk review process are then assigned by the editor to one of the co-editors. The co-editor upon reading the manuscript then sends the manuscript out for a double-blind peer review process to at least two reviewers. At least one of the blind reviews is an editorial board member. The co-editor upon receiving evaluation form and comments back from reviewers then determines if the paper should be accepted, accepted with major revisions, accepted with minor revisions, or rejected. If there is a split vote, the manuscript may go out to a third reviewer for a tie brreak. The co-editor may also act as the third reviewer solely for the purpose of a tie break, if needed. Once the paper has been resolved, the editor confirms the co-editor’s decision regarding final decision for publication. The editor has final oversight over accepted papers. The editor weighs in on and balances when there is a split vote between the blind reviewers. The co-editor sends a decision letter that provides the author(s) with blinded reviewer forms, including the original peer review. Publication Ethics Policy Two questions are asked to all authors upon submitting a new manuscript via the Allen Press website to JOSRE. 1) Do you attest the work is your own? 2) Have you ever published any portion of this elsewhere? JOSRE requires that the research be original and that the author attests in writing to this statement before proceeding with it being able to submit the paper. The JOSRE ethical policy also does not allow any co-author to be able to review a manuscript. Copyright Policy From the American Real Estate Society’s By-Laws and Organizational Procedures (Revised 4 / 15 / 2015) Article V Section 5.6. Copyrights and Royalties. 5.6.1 ‘‘The copyright to any and all articles published shall be owned by and reserved to the Society.’’ 5.6.2 ‘‘Any paper that has been previously copyrighted will not be placed in review or published in journal.’’ 5.6.3 ‘‘The ARES copyright is not to be relinquished, although permission to reprint an article may be given. If the request does not involve a royalty, the editor may give this permission directly and without the author(s) permission.’’ 5.6.6 ‘‘Any reprint of a JOSRE article is to be acknowledged as follows ‘‘Reprinted from the Journal of Sustainable Real Estate, (20xx), Volume , pp with permission of the American Real Estate Society.’’ Open Access Policy JOSRE has Creative Commons Attribution License that permits unrestricted use, distribution, and reproduction in any medium, provided the original author and source are credited. Article Retraction and Correction Policy JOSRE relies on our reviewers to vet major issues with the methodology of submissions, as well as the co-editor’s oversight during the review process. Authors and editors are expected to carefully review final galley proofs. It is a two-step process. Both authors and editors separately are expected to review for errors. Authors and editors have an opportunity to make changes to a manuscript prior to final publication during galley proof stage. If outsiders wish to contest the validity of findings, their brief notes may be published in letter to editor in subsequent issue at the discretion of editor. This would further allow the original author(s), to respond, should they choose. Papers will only be retracted in the case of verification that the data were falsified. In the unlikely case this were to occur, the matter would be brought before the publication director of ARES to determine if in this case a retraction is warranted. The publication director will determine the next course of action. Publication Ethics and Malpractice Statement The following verbiage is taken from https: / / jistudents.org / publication-ethics-and- malpractice-statement / and http: / / www.publicationethics.org www.publicationethics.org. The Journal of Sustainable Real Estate is dedicated to following best practices on ethical matters. The prevention of publication malpractice is an important responsibility of the editorial board. Any kind of unethical behavior is not acceptable and the editors of this journal will not tolerate plagiarism in any form. The following duties outlined for editors, authors, and reviewers are based on the COPE Code of Conduct for Journal Editors, AERA Code of Ethics, and the APA Publications Ethics as of January 30, 2018. Duties of Editors 1. Publication Decisions: Based on the review report, the editor has complete responsibility and authority to accept, reject, or request modifications to the manuscript. 2. Review of Manuscripts: Each editor must ensure that each manuscript is initially evaluated by the editor for originality, making use of appropriate software to do so. Following desk review, the manuscript is forwarded for blind peer review to the co- editor who will make a recommendation to accept, reject, or modify the manuscript. 3. Fair Review: The editor must ensure that each manuscript submitted to JOSRE is reviewed for its intellectual content without regard to sex, gender, race, religion, citizenship, etc. of the authors. 4. Confidentiality: The editor must ensure that information regarding manuscripts submitted by the authors is kept confidential. 5. Disclosure and Conflicts of Interest: The editor of JOSRE shall not use unpublished materials disclosed in a submitted manuscript for his / her own research without written consent of the author. 6. Errata Information: The editor must publish errata pages or make corrections when needed. 7. Ethical Guidelines: The editor shall ensure that all research material they publish conforms to internationally-accepted ethical guidelines (www.publicationethics.org). 8. Proof of Misconduct: The editor should not reject papers based on suspicions; they should have proof of misconduct. Source: www.publicationethics.org Duties of Authors 1. Publication guidelines: Authors must follow the submission guidelines of the journal. 2. Original Work: Authors must ensure that they have written entirely original work. Authors must certify that the manuscript has not previously been published elsewhere. 3. Multiple Submissions: Authors must certify that the manuscript is not currently being considered for publication elsewhere. 4. Peer Review Process: Authors must participate in the peer review process. 5. Authorship of the Paper: All authors mentioned in the paper must have significantly contributed to the research. Justification for more than four authors on a paper must be explicitly set forth. 6. Data Access and Retention: Authors may be asked to provide raw data related to their manuscript for editorial review and must retain such data through one year following publication. 7. Authenticity of Data: Authors must identify all sources used in the creation of their manuscript. Authors must state that all data in the paper are real and authentic. 8. Conflict of Interest: Authors must notify the editors of any conflicts of interest. 9. Fundamental Errors: Authors are obliged to provide retractions or corrections of mistakes at any point of time if the author(s) discovers a significant error or inaccuracy in submitted manuscript. 10. Research on Human Subjects: When appropriate, all authors must cite approval by an institutional review board (IRB) for research on human subjects. Source: www.publicationethics.org Duties of Reviewers 1. Confidentiality: Reviewers should keep all information regarding papers confidential and treat them as privileged information. 2. Acknowledgment of Sources: Reviewers must ensure that authors have acknowledged all sources of data used in the research. 3. Standards of Objectivity: Reviews should be conducted objectively, with no personal criticism of the author (see manuscript review rubric and reviewer form). 4. Supporting Argument: Reviewers should express their views clearly with supporting arguments. 5. Plagiarism, Fraud, and Other Ethical Concerns: Reviewers should let the editor know if you suspect / find that a manuscript is a substantial copy of another work, citing the previous work in as much detail as possible. 6. Relevant Work: Reviewers should identify relevant published work that has not been cited by the authors. 7. Conflicts of Interest: Reviewers should not review manuscripts in which they have conflicts of interest resulting from competitive, collaborative, or other relationships or connections with any of the authors, companies, or institutions connected to the papers. 8. Promptness: In the event that a reviewer feels it is not possible for him / her to complete review of manuscript within the stipulated time, then this information must be communicated to the editor, so that the manuscript can be sent to another reviewer. Source: www.publicationethics.org Guidelines Submission Requirements Please be aware that membership in the American Real Estate Society is not required for submission, acceptance, or publication in JOSRE. No fees are charged to authors to review or publish manuscripts in JOSRE. Submitted manuscripts should be original research and the names appearing on the manuscript should be that of the individual(s) who conducted the research. The manuscript should not be under review simultaneously at another journal nor substantially resemble those that are under review at another journal. All papers are subject to anonymous double-blind review by practicing academic faculty and professionals. Articles must be written to be understandable by institutional real estate investors. Applied empirical studies will be given preference, though case studies are also encouraged for submission. Authors should submit a manuscript that is double-spaced and paginated. All pages, except for the cover page, should be numbered consecutively. The cover page, which will be removed before the manuscript is sent to a blind reviewer, must contain the following: 1. Title 2. All substantially contributing authors’ title, full names, and their affiliations (mailing addresses, phone numbers, and email addresses). 3. Four to six keywords. 4. Abstract (100–250 words). JOSRE only accepts online submissions through our publisher, Allen Press’ website. This process requires: 1. Cover letter to the attention of Roby Simons / Senior Editor. 2. Article MS Word version as intended layout for publication (with authors names allowed throughout). 3. Article MS Word version as required for blind peer-review process (with all names and identifying information removed from title page, acknowledgements, metadata in file name, etc.). Please save this version as *Manuscriptwoauthorsnames. If this is author’s first time using the JOSRE web-platform, you will need to create a username and password with Allen Press. Please use this link for all manuscript submissions: http: / / www.editorialmanager.com / josre / default.aspx. All questions regarding manuscript submission should be directed to Amelia Caldwell at: A.S.Caldwell@csuohio.edu. Abstract An abstract of 100–250 words is required. Keywords A minimum of four and maximum of six key words are required to be submitted on title page. Headings Primary, secondary, and tertiary heading should be indicated by numbering or in outline fashion (i.e., I, II, A, B, i, ii, etc.). Such outlining / numbering is for editorial purposes only and will not appear in print. Exhibits Illustrations must be titled and numbered consecutively as exhibits with Arabic numbers. Please check that the text contains a reference to each exhibit. Verify that all numerical amounts add up to totals shown in the tables and that significant digits are rounded to no more than three numbers. All figures need to be sharp, clear, and laser-quality. Authors are encouraged to utilize color. Endnotes Endnotes in the text must be cited consecutively. They should be double-spaced and appear on a separate page. Avoid numerous and lengthy endnotes. References References must be presented alphabetically by the last name of the author and be double- spaced. References must be dated, and the citations in the text must agree. Only those references cited within the text should be included. The references must fit the following format: Deutsch, C.H. Commercial Property: Retail Space; For Retailers, It’s Space for Hard-Put Landlords. The New York Times, January 26, 1992, 10:1. Judge, G.G., W.E. Griffiths, R.C. Hill, H. Lutkepohl, and T.-C. Lee. The Theory and Practice of Econometrics. Second edition, New York: John Wiley, 1985. Kinnard, W.N. Tools and Techniques for Measuring the Effects of Proximity to Radioactive Contamination of Soil on Single-Family Residential Sales Prices. Paper presented at the Appraisal Institute Symposium, October 1991. Mills, E.S. The Value of Urban Land. In H. S. Perloff, editor, The Quality of the Urban Environment, Baltimore, MD: Johns Hopkins University, 1971, 229–53. Shilton, L., W. O’Connor, K. Teall, and J.R. Webb. Real Estate Taxation and Commercial Loan Underwriting. Decision Sciences, 1992, 23:5, 1162–73. Acknowledgment Authors may include a brief acknowledgment. It should appear after the references. Special Note Authors are strongly advised to review a recent issue of the JOSRE to confirm that their manuscript is in the style the Journal requires. THE AMERICAN REAL ESTATE SOCIETY Officers President President Elect Vice President and Program Ken H. Johnson Sofia Dermisi Chair Florida Atlantic University University of Washington Simon Stevenson University of Washington Treasurer Director of Development Karl Guntermann* Stephen A. Pyhrr* Secretary Arizona State University–Emeritus SynerMark Properties, Inc. Thomas M. Springer Clemson University Director of Publications Director of Finance Ken H. Johnson Mauricio Rodriguez* Executive Director Florida Atlantic University Texas Christian University David Funk Roosevelt University Associate Director of Publications Meeting Planner Eli Beracha Bennie Waller Ombudsperson Florida International University Longwood University Larry E. Wofford* University of Tulsa Director of Strategy Vice Program Chair Stephen E. Roulac* Philip Seagraves Historian and Parliamentarian Roulac Global LLC & University Middle Tennessee State University Joseph D. Albert* of Ulster James Madison University Director of Industry Liaison Willard McIntosh* USAA Real Estate Company Appointed Positions Co-Editors, JREPM Managing Editors, JHR Ass. Executive Director, Research Peng Liu Kimberly Goodwin and Manuscript Prizes Cornell University University of Southern Mississippi Christopher Manning* Loyola Marymount University Greg MacKinnon Velma Zahirovic-Herbert Pension Real Estate Association University of Georgia Ass. Executive Director, Website Content & Social Media Simon Stevenson* Editor, JOSRE Kimberly Goodwin University of Washington Robert Simons* University of Southern Mississippi Cleveland State University Co-Editors, JREL Director of International Liaison Eli Beracha Co-Editors, JOSRE Eamonn D’Arcy Florida International University Pernille Christensen University of Reading University of Technology, Sydney David M. Harrison* Newsletter Editor University of Central Florida Spenser Robinson Julia Freybote Central Michigan University Mauricio Rodriguez* Florida International University Texas Christian University Vivek Sah Director of Placement University of San Diego Editor, JHR David Funk Justin Benefield Editor, JRER Roosevelt University Auburn University Ko Wang Elections Officer Johns Hopkins University Executive Editors, JHR Joseph D. Albert* Ken H. Johnson Co-Editors, JRER James Madison University Florida Atlantic University William Hardin III Director, Critical Issues Seminar Florida International University Michael LaCour-Little Neil Shah Fannie Mae & CSU-Fullerton Michael Seiler Royal Institution of Chartered Surveyors College of William and Mary Geoffrey K. Turnbull ARES Webmaster University of Central Florida Doctoral Seminar Director Mark Sunderman Elaine Worzala* University of Memphis College of Charleston Board of Directors Christopher L. Cain (2018–20) David Harrison* (2016–21) Michael Seiler* (2015–20) College of Charleston University of Central Florida College of William & Mary Pernille Christensen (2018–23) Michael J. Highfield (2018–23) Neil Shah (2016–21) University of Technology, Sydney Mississippi State University RICS Reid Cummings (2016–22) Anthony Pennington-Cross (2018– G. Stacy Sirmans* (2014–19) University of South Alabama 23) Florida State University Marquette University Charles DiRocco (2018–23) Mark Sunderman (2014–19) Altus / ARGUS Group S. McKay Price (2014–19) University of Memphis Lehigh University Terry R. Dunkin (2017–22) Bennie Waller (2016–21) Al and Dunkin Real Estate Advisors Spenser Robinson (2015–20) Longwood University Central Michigan University Andrew C. Florance (2015–20) Kimberly Winson-Geideman (2018– CoStar Group Andrew R. Sanderford (2016–21) 22) University of Arizona University of Melbourne William G. Hardin III* (2017–22) Florida International University Douglas Sawyer (2014–19) CCIM Institute & Sawyer Properties IRES Board Members Velma Herbert (2016–19) Karen Gibler (2017–20) Jeremy Gabe (2018–21) University of Georgia Georgia State University University of Auckland *Past ARES President 1 Preface 3 When Would Driverless Vehicles Make Downtown Parking Unsustainable, and Where Would the Driverless Car Fleet Rest During the Day? Robert A. Simons, David C. Feltman, and Alexandra A. Malkin 33 Time-to-Sell of New Green Housing Yuval Arbel, Danny Ben-Shahar, Sharon Horsky, and Naor Versano 59 Case Study: Brownfield Externalities’ Valuation in Wuhan, China Qinna Zhao, Qixin Xu, and Mengling Liu 81 The Impact of Green Premium on the Development of Green-labeled Offices in the U.K. Tunbosun B. Oyedokun, Neil Dunse, and Colin Jones 109 Leadership in Sustainability a Case Study: Green Globe Certification and Financing and the Impact on a Multifamily Property’s Rate of Return Douglas S. Bible and Michael C. Chikeleze 135 The Impact of Flood Zones on Residential Property Prices: The Case of Canada Philippe Be ´langer, Michael Bourdeau-Brien, and Maxence Dumestre 163 Willingness to Pay for Sustainable Features in Prime Residential Submarkets of Lagos Austin C. Otegbulu Book Review 190 The Routledge Handbook of Sustainable Real Estate Edited by: Sara Wilkinson; Tim Dixon, Norm Miller, and Sarah Sayce Reviewed by: Theddi Wright Chappell, CRE, MAI, FRICS, AAPI, LEED AP J O S R E V o l . 1 0 2 0 1 8 u u I S S N : 1 9 4 9 - 8 2 7 6

Journal

Journal of Sustainable Real EstateTaylor & Francis

Published: Jan 1, 2018

There are no references for this article.