Professor Emeritus | Maurice Mann Chair in Real Estate | Co-Chair, Fisher Center for Real Estate & Urban Economics
Real Estate
About
Robert Edelstein holds the Maurice Mann Chair in Real Estate and is the co-director of the Fisher Center for Real Estate and Urban Development at Berkeley Haas. He is the author of the book, “Explaining the Boom Cycle, Speculation or Fundamentals? The Role of Real Estate in the Asian Crisis.” Read More
Edelstein has served as a consultant to the Philadelphia Finance Department, U.S. Department of Housing and Urban Development, the Housing Development Corporation of New York City, the Federal Reserve Bank of Philadelphia, the Federal Home Loan Bank of San Francisco, and the U.S. Department of Energy. He served as president of the American Real Estate and Urban Economics Association in 1996.
Expertise and Research Interests
- Urban Real Estate
- Urban Real Estate Economics and Urban Financial Problems
- Property Taxation and the Role of the Public Sector
- Inter-linkages, Securitization and Globalization of Real Estate Asset Markets
- Design of Optimal Mortgage Debt Instruments and Variable-rate Mortgages
- Macroeconomic Determinants of Housing Construction
- Impacts of Inflation and Deflation on Real Estate Values
- Determinants of US and International Real Estate Asset Cycles
- Robert Edelstein, Ashok Bardhan, and Cynthia Kroll. The Housing Problem and the Economic Crisis: A Review and Evaluation of Policy Prescriptions. Homer Hoyt Institute.
2010 - Robert Edelstein, Wenlan Qian, and Desmond Tsang. “How Do Institutional Factors Affect International Real Estate Returns?. Journal of Real Estate Finance and Economics.
2010 - Robert Edelstein, Pal Anglin, Yanmin Gao, and Desmond Tsang. How Does Corporate Governance Affect the Quality of Investor Information? The Curious Case of REITs. The Curious Case of REITs.
2010 - Robert Edelstein, Antoni Sureda-Gomila, Branko Urosevic, and Nicholas Wonder. Ownership Dynamics with Multiple Insiders: The Case of REITs. Real Estate Economics.
2010 - Robert Edelstein, Ashok Bardhan, and Desmond Tsang. Global Financial Integration and Real Estate Security Returns. Real Estate Economics.
2008 - Robert Edelstein and Ashok Bardhan. Real Estate Through the Ages: The Known, The Unknown, and The Unknowable. The Known, The Unknown, and The Unknowable: Financial Risk Management.
2008 - Robert Edelstein, Yoon Dokko, Allan J. Lacayo and Daniel C. Lee. Real Estate Value Cycles: A Theory of Market Dynamics (opens in a new tab). American Real Estate Society.
1999 - Robert Edelstein and Allan J. Lacayo. Forecasting Seniors Housing Demand. Seniors Housing, Research Issues in Real Estate, edited by Michael A. Anikeeff, and Glenn R. Mueller. Kluwer Academic Publishers; Norwell, Massachusetts.
1998 - Robert Edelstein. Economic Consequences of the Rodash Decision on the U.S. Economy.” Testimony Before the U.S. House of Representatives Subcommittee on Financial Institutions and Consumer Credit (opens in a new tab). Testimony before the U.S. House of Representatives, Subcommittee on Financial Institutions and Consumer Credit, Committee on Banking and Financial Services..
1995
At Haas since 1985
2009 – present, Maurice Mann Chair in Real Estate, Haas School of Business
1991 – 2001, Chair, Real Estate Group, Haas School of Business
1985 – present, Professor, Haas School of Business
1979 – 1985, Professor of Finance, Joint Appointment with Public Management Department (1980-1985), Joint Appointment with City Planning Graduate Group (1980-1985), Wharton School, University of Pennsylvania
1975 – 1979, Associate Professor of Finance, Wharton School, University of Pennsylvania
1972 – 1975, Assistant Professor of Finance, Wharton School, University of Pennsylvania
- Finance and Business Economics, University of Southern California
- Consultant: Philadelphia Finance Department, United States Department of Housing and Urban Development, The Housing Development Corporation of New York City, The Federal Reserve Bank of Philadelphia, The Federal Home Loan Bank of San Francisco, and The United States Department of Energy
- Conference chair: the American Real Estate and Urban Economics Annual Meeting in Washington, DC; the International Meeting at the Haas School of Business; and the Homer Hoyt Institute International Conference in West Palm Beach, Florida.
- Member, board of directors: American Real Estate and Urban Economics Association, National Real Estate Forum, AMB Properties, New York Stock Exchange REIT, and Global Properties, a Luxembourg Real Estate Operating Investment Company
- Editorial board member: American Real Estate and Urban Economics Association, Journal of Housing Economics, Journal of the Asian Real Estate Society and Journal of Property Research.
A.M. (Honorary)
University of Pennsylvania
Phi Beta Kappa
Harvard University
Elected as Faculty Fellow
Homer Hoyt Institute
Elected as Fellow of Homer Hoyt Advanced Studies Institute by the Weimer School
Weimer School
Elected as Faculty Member of the Weimer School of Advanced Studies in Real Estate and Land Economics
Weimer School
Elected President of the American Real Estate and Urban Economics Association
Urban Economics Association
- American skyscrapers face an uncertain future amid coronavirus (opens in a new tab), PBS NewsHour, 06/04/2020
- Hope for California’s housing crisis?, U.S. News & World Report, 04/04/2018
- Bay Area Real Estate Experts Predict a Modest 2018 (opens in a new tab), Oakland Magazine, 01/04/2018
- For the fear of shadows: Real estate development under Berkeley’s new City Council (opens in a new tab), The Daily Californian, 05/07/2017
- How President Trump Will Change the U.S. Housing Market (opens in a new tab), Realtor.com, 11/09/2016
- What a New GOP President Would Mean for Homeowners (opens in a new tab), Realtor.com, 07/21/2016
- Could Buying a Home in Flint Actually Be a Smart Investment? (opens in a new tab), Realtor.com, 02/11/2016
- Real Estate Economics and Finance, MBA & EWMBA
- Real Estate Strategy, MBA & EWMBA
- Real Estate Seminar, PhD