‘The Big Short’ evokes big tears, bad memories
Michael Orr, director of the Center for Real Estate Theory and Practice, relives the housing crash while watching the Oscar-nominated film “The Big Short” with The Arizona Republic’s Catherine Reagor.
Michael Orr, director of the Center for Real Estate Theory and Practice, relives the housing crash while watching the Oscar-nominated film “The Big Short” with The Arizona Republic’s Catherine Reagor.
The 2015 real estate market in Phoenix took off in the first week of February 2015, but quieted down beginning in July to finish the year on a less exciting, steady-as-you-go pace. That’s according to the Greater Phoenix Housing Market Report, issued monthly by Michael Orr, director of the Center for Real Estate Theory and Practice at the W. P. Carey School of Business.
A long line of academic research argues that privately owned companies should be better managed than their publicly owned counterparts. But recent research by Finance Professor Sreedhar Bharath calls this conventional wisdom into question.
Your business is thriving, but to continue to grow, you need capital. Before you enter the market, you need to know what your company is worth. With headlines about outrageously valued start-up companies running side-by-side with stories on volatility in the public equity markets, this is a good time to discuss valuation.
Laura Lindsey, an associate professor of finance at the W. P. Carey School, is an expert on venture capital and private equity, governance and financial contracting. In this column Lindsey touches on finding the right balance when making the decision to finance a business, particularly a small one.
The high volatility that electrified the Phoenix real estate market over the past few years has been replaced by something more like normality. Change is more gradual. The real news is tied to long term trends, which have been shifting, according to Mike Orr, who is director of the center housed at the W. P. Carey School of Business.