Presentations

Here are some presentations that I have developed to highlight real estate research findings and to suggest solutions for old problems.

Partnering with all clients everywhere all the time requires a dramatic change in the way international real estate investment managers organize its business, interact with clients, create products, and deliver services. This piece is very much a work in progress. It's a place for me to store ideas and organize them. The annotations, although incomplete, should help you follow my thinking more easily.

Download PowerPoint slideshow: GREASE.ppt
View PDF version with annotations: GREASE.pdf

A multi-national financial services organization is uniquely positioned to break the mold of international real estate investment management and to create a modern, new, effective, and profitable way for institutional investors to reach their investment goals for the real estate asset class.

Around the world institutional clients have the capacity to initiate transactions with one another, but are impeded by layers of costs that typically result from selling assets in one locale in order to redeploy them elsewhere.

On a global scale, the modern real estate investment management company can solve this problem with a clearinghouse within which its clients can make offers and conclude transactions in an efficient, informed, and economical manner. Think of this proposition as "eBay for Real Estate" on a global scale.

This outline shows how this expanded level of service can be created, not by transporting successful models from one part of the world to another as real estate investment managers often attempt to do and as conventional wisdom suggests, but by encouraging and facilitating the movement of ideas and capital across borders while keeping successful local business structures in place. Reinforce, don't replace.

Download PowerPoint slideshow: GlobalRealEstate.ppt
View PDF version with annotations: GlobalRealEstate.pdf

Extensive research on individual property returns from the NCREIF (U.S.) and IPD (U.K.) databases over a 20+ year history show that the return distributions are remarkably similar in both countries. Interestingly, the shape of the distributions differ dramatically from the Gaussian Normal distribution presumed by virtually all industry researchers and practitioners, implicitly or explicitly.

Download PowerPoint slideshow: RetnDistrib.ppt

RSS RE Writer is an implementation of RSS technology to the commercial real estate business. Specifically, RSS RE Writer permits property owners or brokers to publish listing of properties for sale or lease to the internet using a tool similar to those that are used to create Blogs, but with particular features necessary for real estate.

Download PowerPoint slideshow from NCREIF Technology Symposium, February 2006: RSS_RE_demo.ppt

The Real-Time Valuation software that I have developed will have its first public display at the American Real Estate Society's Annual Meeting in Key West, Florids. The manuscript and the presentation are both available for downloading.

Manuscript: RTValuation.pdf
Slideshow: S28-Young_slides.pdf