How Small Apartment Assets Outperform their Larger Counterparts: An Analysis of Investment Risk and Returns, Price Dynamics, and Leverage Points by Property Size
The 26 million‐unit, 558,0000‐property U.S. apartment property market exhibits remarkable heterogeneity when it comes to property size. And despite all the efficiencies one would expect to see in a $5.1 trillion asset market, two surprising patterns emerge: small apartment properties persistently o...
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Massachusetts Institute of Technology
2022
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Online Access: | https://hdl.handle.net/1721.1/144660 |