A single link to the first track to allow the export script to build the search page
  • 2021 Spring: Volume 15, Issue 1

    • Deriving Unlevered Value – The REIT Approach

    • Walt A. Nelson ;
    • Kent Ragan

    Use this link to view the PDF file: Deriving Unlevered Value – The REIT Approach

    Title:

    Deriving Unlevered Value – The REIT Approach

    Author(s):

    Walt A. Nelson
    Kent Ragan

    Publication Date:

    2016

    Journal Title:

    The Journal of Finance Issues

    Volume Number:

    15

    Issue Number:

    1

    Abstract:

    This article demonstrates the application of the Modigliani and Miller valuation model toprivately-held non-taxable real estate entities, such as real estate investment trusts (REITs). TheInternational Financial Reporting Standards Foundation has recently published IFRS 13, whichrequires periodic valuation of privately held and publically held assets.

    First Page:

    59

    Last Page:

    63

    Total Pages:

    5