David C. Ling is the McGurn Professor of Real Estate at the University of Florida. Professor Ling received an MBA (1977) in finance and a Ph.D. (1984) in real estate and economics from The Ohio State University. His academic and professional publications have included articles on housing policy and economics, mortgage markets and pricing, private commercial real estate investments, publicly traded real estate companies, and performance evaluation. Professor Ling’s research has been published in general interest finance journals (Journal of Financial Economics), leading field journals in finance and economics (e.g., Journal of Urban Economics, Journal of Money, Credit and Banking, Journal of Banking and Finance, National Tax Journal), as well as the leading real estate focused journals (Real Estate Economics, Journal of Real Estate Finance and Economics, Journal of Real Estate Research).During 2000, Professor Ling served as President of the American Real Estate and Urban Economics Association (AREUEA). From 2000 to 2005, he also served as editor of Real Estate Economics. Professor Ling serves on numerous journal editorial boards including Real Estate Economics, the Journal of Real Estate Finance and Economics, the Journal of European Real Estate Research, and The Journal of Real Estate Research. In 2011, Professor Ling was the recipient of the George Bloom Award, which is presented annually by the Directors of the American Real Estate and Urban Economics Association for “outstanding contributions to the field of real estate academics.” In 2010, he was awarded the David Ricardo Medal by the American Real Estate Society, which is ARES’s highest honor “in recognition of research productivity and influence over a 20-year period.”Additional information on Professor Ling is available at http://warrington.ufl.edu/directory/person/5291. Wayne R. Archer is Emeritus Professor at the University of Florida. Previously, he was the William D. Hussey Professor at the University of Florida and the Executive Director of the Bergstrom Center for Real Estate Studies. He received a Masters in economics from Wichita State University (1968) and a Ph.D. in economics from Indiana University (1974). He has been a faculty member at the University of Florida since 1971. From 1979 through 1981, he served as a visiting researcher at the Federal Home Loan Bank Board and Federal Savings and Loan Insurance Corporation. His research publications include articles on office markets, house price indices, mortgage prepayment, mortgage pricing, and mortgage default risk.Professor Archer is a member of the American Real Estate and Urban Economics Association, where he has served on the board of directors, and also is a member of the American Real Estate Society. He served on the editorial board of Real Estate Economics. He is a Fellow of the Homer Hoyt Institute.Professor Archer taught in the University of Florida’s distance MBA program and has worked in industry education throughout his academic career, including service as the educational consultant to the Florida Real Estate Commission from 1985 to 1999. Among additional roles, he served as a regular faculty member in programs of the Mortgage Bankers Association of America, in the Institute of Financial Education affiliated with the U.S. League of Savings and Loan Associations, and. more recently, with Freddie Mac. In addition, he has provided consulting services to industry and government from time to time throughout his career, and also serves from time to time as a consultant and advisor for real estate graduate programs in other universities.Additional information on Professor Archer is available at http://warrington.ufl.edu/directory/person/5371/. Benjamin J. Scheick is an Associate Professor of Finance and Real Estate at Villanova University, where he holds the Hovnanian Family Endowed Chair and serves as Faculty Director of the Daniel M. DiLella Center for Real Estate. A Villanova alumnus, he earned his Ph.D. in Finance from the University of Florida and previously taught at the University of Georgia. His research focuses on real estate valuation, capital markets, and investor behavior, with publications in leading journals such as Real Estate Economics and the Journal of Real Estate Finance and Economics. He is active in AREUEA and ARES and serves as an Associate Editor for the Journal of Real Estate Research and the Journal of Real Estate Portfolio Management. Dr. Scheick is an award-winning instructor and has contributed extensively to the development of this text’s teaching materials.
