Zum Hauptinhalt springen Zur Suche springen Zur Hauptnavigation springen
Beschreibung
Julian Eibel studies the contribution of joint venture (JV) use as means of financing flexibility against the background of diverse financial restrictions in the institutional and regulated environment of the REIT Act. After reviewing JV motives for classical corporations, the real estate and REIT industry as well as the financing and capital behavior of REITs, the author finds JVs to result from REIT managers¿ need of financing flexibility to allow timely funding outside regulated markets. Thus, he argues JVs mitigate financing restrictions and stimulate capital markets to regain access to classical financing.
Julian Eibel studies the contribution of joint venture (JV) use as means of financing flexibility against the background of diverse financial restrictions in the institutional and regulated environment of the REIT Act. After reviewing JV motives for classical corporations, the real estate and REIT industry as well as the financing and capital behavior of REITs, the author finds JVs to result from REIT managers¿ need of financing flexibility to allow timely funding outside regulated markets. Thus, he argues JVs mitigate financing restrictions and stimulate capital markets to regain access to classical financing.
Über den Autor
Julian Eibel works as Senior Project Manager at a leading HVAC supplier. Academically, he is affiliated with EBS Universität für Wirtschaft und Recht where he also graduated as Bachelor and Master in Management prior to his doctoral studies. Professionally, he worked in investment banking and management consulting.
Zusammenfassung

Need of financing flexibility drives REIT managers into JV structuring

Inhaltsverzeichnis
Joint Ventures Motives in Classical Corporations and REITs: Same or different?.- Why the REIT Act, REIT Capital Structure, and Diversification Needs call for Joint Venture Use.- REIT Joint Venture formations as means for financial flexibility to capture market timing opportunities.- The Role of REIT Joint Ventures to Market Timing and Capital Structure Considerations.
Details
Erscheinungsjahr: 2020
Fachbereich: Betriebswirtschaft
Genre: Recht, Sozialwissenschaften, Wirtschaft
Rubrik: Recht & Wirtschaft
Medium: Taschenbuch
Reihe: Essays in Real Estate Research
Inhalt: xviii
174 S.
11 s/w Illustr.
174 p. 11 illus.
ISBN-13: 9783658319762
ISBN-10: 3658319763
Sprache: Englisch
Einband: Kartoniert / Broschiert
Autor: Eibel, Julian
Auflage: 1st edition 2020
Hersteller: Springer Vieweg
Springer Fachmedien Wiesbaden GmbH
Essays in Real Estate Research
Verantwortliche Person für die EU: Springer Gabler in Springer Science + Business Media, Tiergartenstr. 15-17, D-69121 Heidelberg, juergen.hartmann@springer.com
Maße: 210 x 148 x 11 mm
Von/Mit: Julian Eibel
Erscheinungsdatum: 16.10.2020
Gewicht: 0,261 kg
Artikel-ID: 118951406