• Contact Info
Publications in VIVO
 

Spaenjers, Christophe

Faculty Director of Research

Positions

Research Areas research areas

Research

research overview

  • Much of my research focuses on the markets for real assets such as housing and other types of real estate, and art and other collectibles. A substantial part of my recent research output is concerned with modeling and empirically analyzing the heterogeneity between participants in markets for real assets. In other work, I have studied the long-run returns to both residential real estate and collectibles, and the drawbacks of standard return measurement methods in these markets. I am also interested in the role of intermediaries in real asset markets, in particular with respect to the information that they provide to market participants.

keywords

  • alternative investments, real estate, household finance, financial history

Publications

selected publications

Teaching

courses taught

  • MBAX 6610 - Real Estate Finance and Investment Analysis
    Primary Instructor - Fall 2022 / Fall 2023
    Objectives of the course are to 1) conduct income property investment analysis; 2) to develop the technical competence necessary to structure real estate transactions; and 3) to understand the financial assets securitized by real estate. Students will analyze income properties using Excel and ARGUS-DCR. Techniques for structuring real estate transactions examined in this course include lender participations, sale-leasebacks, joint ventures, and real estate syndications.
  • MSBC 5610 - MS Real Estate Finance and Investment
    Primary Instructor - Fall 2022 / Fall 2023
    Topics include 1) conducting income property investment analysis; 2) developing the technical competence necessary to structure real estate transactions; and 3) understanding the financial assets securitized by real estate. Students will analyze income properties using Excel and ARGUS-DCR. Techniques for structuring real estate transactions examined in this course include lender participations, sale-leasebacks, joint ventures, and real estate syndications.
  • REAL 4100 - Real Estate Finance and Investment Analysis
    Primary Instructor - Fall 2023
    Covers: 1) traditional and alternative financing of residential and commercial real estate; 2) pro forma cash flows and valuation of income generating properties; 3) real estate decisions of non-real estate corporations; and 4) mortgage backed securities and real estate investment trusts (REITs).

Background

International Activities

Other Profiles