LEADER 03427nam 2200505 450 001 9910427049203321 005 20210301165819.0 010 $a3-658-31977-1 024 7 $a10.1007/978-3-658-31977-9 035 $a(CKB)4100000011508852 035 $a(MiAaPQ)EBC6371544 035 $a(DE-He213)978-3-658-31977-9 035 $a(PPN)256127670 035 $a(EXLCZ)994100000011508852 100 $a20210301d2020 uy 0 101 0 $aeng 135 $aurnn|008mamaa 181 $ctxt$2rdacontent 182 $cc$2rdamedia 183 $acr$2rdacarrier 200 10$aReal estate investment trusts and joint ventures /$fJulian Eibel 205 $a1st ed. 2020. 210 1$aWiesbaden, Germany :$cSpringer Gabler,$d[2020] 210 4$d©2020 215 $a1 online resource (XVIII, 174 p. 11 illus.) 225 1 $aEssays in Real Estate Research ;$vVolume 19 311 $a3-658-31976-3 327 $aJoint Ventures Motives in Classical Corporations and REITs: Same or different? -- Why the REIT Act, REIT Capital Structure, and Diversification Needs call for Joint Venture Use -- REIT Joint Venture formations as means for financial flexibility to capture market timing opportunities -- The Role of REIT Joint Ventures to Market Timing and Capital Structure Considerations. 330 $aJulian Eibel studies the contribution of joint venture (JV) use as means of financing flexibility against the background of diverse financial restrictions in the institutional and regulated environment of the REIT Act. After reviewing JV motives for classical corporations, the real estate and REIT industry as well as the financing and capital behavior of REITs, the author finds JVs to result from REIT managers? need of financing flexibility to allow timely funding outside regulated markets. Thus, he argues JVs mitigate financing restrictions and stimulate capital markets to regain access to classical financing. Contents Joint Ventures Motives in Classical Corporations and REITs: Same or different? Why the REIT Act, REIT Capital Structure, and Diversification Needs call for Joint Venture Use REIT Joint Venture formations as means for financial flexibility to capture market timing opportunities The Role of REIT Joint Ventures to Market Timing and Capital Structure Considerations Target Groups Scientists and students in the fields of management, corporate finance, banking, and real estate Practitioners in corporate finance, capital markets, investment banking, and real estate financing About the Author Julian Eibel works as Senior Project Manager at a leading HVAC supplier. Academically, he is affiliated with EBS Universität für Wirtschaft und Recht where he also graduated as Bachelor and Master in Management prior to his doctoral studies. Professionally, he worked in investment banking and management consulting. 410 0$aEssays in real estate research ;$vVolume 19. 606 $aJoint ventures 606 $aReal estate investment trusts 606 $aBusiness enterprises$xFinance 615 0$aJoint ventures. 615 0$aReal estate investment trusts. 615 0$aBusiness enterprises$xFinance. 676 $a658.044 700 $aEibel$b Julian$01059331 801 0$bMiAaPQ 801 1$bMiAaPQ 801 2$bMiAaPQ 906 $aBOOK 912 $a9910427049203321 996 $aReal estate investment trusts and joint ventures$92505308 997 $aUNINA