Link to Paper-2

This subsection links to a study that explores the pricing and valuation of institutional real estate investments:

1. “Some Thoughts on Real Estate Pricing”
   by Joseph L. Pagliari Jr., published in The Journal of Portfolio Management, Special Real Estate Issue (2017). This paper discusses valuation mechanisms in real estate, considering how market pricing dynamics reflect risk, return expectations, and broader portfolio theory principles. A related presentation on this research was delivered at the PREA Institute in Chicago, Illinois (June 3, 2025). View presentation (PPTX).