John D. Benjamin () (American University, Washington, DC 20016) Peter Chinloy () (Kogod School of Business American University Washington, DC 20016) William G. Hardin III () (Florida International University 11200 SW 8th Street, RB 208 Miami, FL 33199)
Abstract
Quality commercial properties differ in operating performance not only on physical characteristics but in type of ownership, management, and control. For 1996?001 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 effective rents.
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