Cash Flow Performance of Fannie Mae Multifamily Real Estate: Evidence from Repeated NOI and EGI Indices

Using a unique dataset of building operating statements from Fannie Mae, we develop repeated measures regression (RMR) indices for NOI, EGI and PGI to track the cash flow performance of Fannie Mae-financed multifamily real estate. Our three-stage RMR estimate shows an average NOI growth of about 1.8...

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Bibliographic Details
Main Authors: An, Xudong, Fisher, Jeffrey D., Geltner, David M.
Other Authors: Massachusetts Institute of Technology. Center for Real Estate
Format: Article
Language:English
Published: Springer US 2016
Online Access:http://hdl.handle.net/1721.1/103612
https://orcid.org/0000-0002-1024-7555