41,778 research outputs found

    The David W. Fentress Family Letters, 1856-1969

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    Transcript of a letter by an unidentified author to David Fentress regarding sharing federal newspapers and the banning of federal newspapers in some areas. The author passes on the news of the war including the destruction of the Federal merchantmen by the Confederate fleet. He passes along world news: Russia preparing to go to War with Europe and how that could negatively affect the Confederacy. There is also speculation on the future of the war

    Portrait of author David Foster at the National Library of Australia, Canberra, 8 June 2011 /

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    Title from acquisitions documentation.; Part of the collection: Portraits of author David Foster at the National Library of Australia, Canberra, 8 June 2011.; Acquired in digital format; access copy available online.; Mode of access: Online.; Photographed by a staff member of the National Library of Australia

    Uncertainty, Flexibility, Valuation and Design: How 21st Century Information and Knowledge Can Improve 21st Century Urban Development

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    The 21st century presents humankind with perhaps its greatest challenge since our species almost went extinct some 70,000 years ago in Africa. A big part of meeting that challenge lies in how the urbanization of three billion additional people (equal to the entire world population in 1960) will be accomplished between now and mid-century, on top of necessary renewal and renovation of the earth’s existing cities. China alone will urbanize 300 million more people between now and 2030, equal to the entire population of the U.S., the world’s third most populous country, in just 20 years. This is development on a scale and pace that is an order of magnitude greater than the past century, in a world resource and climate environment that is near the breaking point, in a context of greater technological, financial, and economic uncertainty than ever before. To meet this challenge will require that we use the best tools in our kit, including ones that have become available to us only in this new knowledge and information-based century. Technology got us here, and technology will be key to getting us through. In this paper we will review and synthesize two important methodological developments in our profession that can help infrastructure and real estate physical development (i.e., urban development) to be accomplished more effectively and efficiently in a world of uncertainty. The first methodological development is the honing of real options theory and methodology for practical application to identify and evaluate sources of flexibility in the design and operation of capital projects. The second development is the marriage of digital data compilation of property transactions records with the honing of econometric analysis methodology to allow the practical quantification of real estate and infrastructure asset price dynamics. We argue that this latter development provides the key input to the former development, enabling a much more complete and rigorous treatment of design and evaluation problems for urban development. We also argue that an engineering systems approach to option modelling is likely to find better traction in actual professional practice than the economic theoretical models that have dominated the academic literature. We provide a concrete example by applying the suggested approach to the Songdo New City development in Korea. The result can be better informed design and valuation and more efficient urban development laced with greater flexibility to avoid the worst down-side outcomes and to take advantage of the best up-side opportunities, saving vital resources of capital, land, raw materials, and energy

    2013 Maastricht-NUS-MIT International Real Estate Finance & Economics Symposium: Editors’ Introduction to the Special Issue

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    This article provides the Editors’ Introduction to this special issue, which presents articles first presented at the 2013 Maastricht-NUS-MIT (MNM) Symposium on International Real Estate Finance and Economics, held at MIT in October 2013. This Introduction briefly describes each of the eight articles in the special issue, which are grouped into three broad topic areas: REITs, Real estate debt behavior, and Urban economics

    Author David Foster with academic Jeff Doyle at the National Library of Australia, Canberra, 8 June 2011 /

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    Title from acquisitions documentation.; Part of the collection: Portraits of author David Foster at the National Library of Australia, Canberra, 8 June 2011.; Acquired in digital format; access copy available online.; Mode of access: Online.; Photographed by a staff member of the National Library of Australia

    Author David Foster and academic Jeff Doyle at the National Library of Australia, Canberra, 8 June 2011 /

    No full text
    Title from acquisitions documentation.; Part of the collection: Portraits of author David Foster at the National Library of Australia, Canberra, 8 June 2011.; Acquired in digital format; access copy available online.; Mode of access: Online.; Photographed by a staff member of the National Library of Australia

    Estimating Real Estate Price Movements for High Frequency Tradable Indexes in a Scarce Data Environment

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    Indexes of commercial property prices face much scarcer transactions data than housing indexes, yet the advent of tradable derivatives on commercial property places a premium on both high frequency and accuracy of such indexes. The dilemma is that with scarce data a low-frequency return index (such as annual) is necessary to accumulate enough sales data in each period. This paper presents an approach to address this problem using a two-stage frequency conversion procedure, by first estimating lower-frequency indexes staggered in time, and then applying a generalized inverse estimator to convert from lower to higher frequency return series. The two-stage procedure can improve the accuracy of high-frequency indexes in scarce data environments. In this paper the method is demonstrated and analyzed by application to empirical commercial property repeat-sales data.Real Capital Analytics (Firm)Real Estate Analysts Limite

    David Braithwaite at White Waltham Steam Fair

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    David Braithwaite, fairground enthusiast and author photographed at White Waltham Steam Fair, August 1964

    David Zimmer Christmas letter

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    This Christmas letter written November 30, 1999, by David Zimmer is titled "Season's Greetings from the last of the Red-Hot-Santas!" It features an illustration of Santa Claus with a guitar, and a summary of Zimmer's year. David Zimmer (1929-2005) was born in Harrisburg, Ohio. He enlisted in the U.S. Army and served for two years during the Korean War at the Brooke Army Medical Center in San Antonio, where he performed in drag for wounded soldiers. After the war, he returned to Ohio. Zimmer performed as Dolly Divine, a name inspired by the song "Hello Dolly." In 1964, he established the Berwick Ball with Orn Huntington, another important early gay activist in Central Ohio. The Ball began as a formal Halloween costume ball that provided a safe space to gather and enjoy drag shows for the gay community each year; over the years, it grew into an annual Halloween tradition and an important fundraiser for the AIDS movement and other charities. During the 1970s, Zimmer was also known for hosting lavish parties at his Harrisburg home. In 1989, he moved to the German Village area of Columbus where he remained active in the community. During the 1990s, Zimmer continued to perform in and out of drag and commissioned costume designer Dick Frank to make elaborate outfits. Zimmer worked for Huntington National Bank for 39 years and was a member of the Harrisburg United Methodist Church, Veterans of Foreign Wars and the German Village Society
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