Tibor and Sheila Hollo School of Real Estate Journal of Real Estate Portfolio Management

The Journal of Real Estate Portfolio Management (JREPM) is an official publication of the American Real Estate Society (ARES). The Journal's purpose is to disseminate applied research on real estate investment and portfolio management. An ARES goal is to be an essential source of information and ideas for both real estate academics and practitioner in areas such as investment, finance, portfolio management, REITs, and international real estate.


Peng Liu, Cornell University
Greg MacKinnon, Pension Real Estate Association
Simon Stevenson, University of Reading

Article Availability

Journal article abstracts and full article word search are available from the main ARES web portal at Metapress (http://ares.metapress.com/content/121545/).  ARES members have full text access to all articles published in ARES journals via the main ARES web site.  Members should log on to the ARES web site (www.aresnet.org) and then proceed to the publications link.

Journal Objectives

The Journal of Real Estate Portfolio Management (JREPM) is an official publication of the American Real Estate Society (ARES). The Journal's purpose is to disseminate applied research on real estate investment and portfolio management. JREPM endeavors to publish research covering all four quadrants of the real estate universe (private equity, public equity, private debt, and public debt), and strives to present research covering real estate markets globally. A goal of JREPM is to publish research that is both academically sound and of value to practicing institutional real estate investment professionals.  The Editorial Board of JREPM is interested in expanding the frontiers of scholarly research in real estate investment and portfolio management and is willing to work with any potential author who is developing new and exciting ideas appropriate for publication in the Journal.

JREPM will publish, and invites submissions of, two types of articles:

  1. “Longer Articles” are the standard and will comprise the majority of each issue. They are expected to provide original research and insights on issues related to commercial real estate using rigorous methodologies.
  2. “Shorter Articles”, are shorter in length (approximately five to six pages). They are expected to address timely issues under current real estate market conditions, and/or to provide insights that are not typically covered in, or are not expandable into, Longer Articles.

Both “Longer Articles” and “Shorter Articles” will undergo a blind review process (see description below). The Editors strongly encourage submissions from both the academic and practitioner research communities in both Longer and Shorter Articles sections.

Review and Publication Policies

One of the Editors will review each submitted manuscript to decide if the topic and content of the paper fit the objectives of JREPM. Appropriate manuscripts are then assigned anonymously to members of the Editorial Board and/or outside reviewers. The Editor makes an editorial decision upon receiving recommendations from the reviewers. The Editor also determines the publication dates for accepted manuscripts.

Copyright Notice

All articles and other materials on this site are copyright of the Journal of Real Estate Portfolio Management and/or their respective owners. You may download, view, copy, and print the web pages, articles, or abstracts for individual research purposes under Fair Use legal guidelines and as available at the ARES web portal at MetaPress. Other uses, such as reproduction or reprint, in whole or in part, whether in electronic or paper or other form, are strictly prohibited without expressed written permission.

A Note on Accuracy

The Journal of Real Estate Portfolio Management and its sponsors, affiliates, and staff, are not responsible for any errors, omissions, or distortions of files placed on this web site. Depending upon the source, the medium of transfer, and a variety of other factors beyond our control, some files and documents may not be as legible as others.

Style Guidelines

Authors are strongly advised to review a recent issue of the Journal to confirm that their manuscript is in the style the Journal requires.


An abstract of not more than 100 words, summarizing the research purpose, method and findings, is required.


Primary, secondary and tertiary heading should be indicated by numbering or in outline fashion (i.e., I, II, A, B, i, ii, etc.). Such outlining/numbering is for editorial purpose only and will not appear in print.


Each manuscript should include at the end of the text, a non-technical summary statement of the main conclusions.


Illustrations must be titled and numbered consecutively as exhibits with Arabic numbers. Each exhibit should include an explanatory title, with any required notes below the exhibit. An extensive description is not required to accompany each exhibit; the explanation should be in the text of the paper. Please check that the text contains a reference to each exhibit. Verify that all numerical amounts add up to totals shown in the tables and that significant digits are rounded to no more than 2 or 3 numbers. All figures need to be sharp, clear and laser-quality.

Mathematical Proofs and Equations

Lengthy mathematical proofs and extensively detailed mathematical tables should be placed in an appendix (or omitted entirely) and every effort should be made to explain the proofs. Equations should be placed on a separate line, centered and numbered consecutively at the right margin.


Endnotes in the text must be cited consecutively. They should be double-spaced and appear on a separate page. Avoid numerous and lengthy endnotes.


References must be presented alphabetically by the last name of the author and be double-spaced. References must be dated, and the citations in the text must agree. Only those references cited within the text should be included. The references must fit the following format:
Deutsch, C. H., Commercial Property: Retail Space; For Retailers, It’s Space for Hard-Put Landlords, The New York Times, January 26, 1992, 10:1.

Judge, G. G., W. E. Griffiths, R. C. Hill, H. Lutkepohl and T.-C. Lee, The Theory and Practice of Econometrics, second edition, New York: John Wiley, 1985.

Kinnard, W. N., Tools and Techniques for Measuring the Effects of Proximity to Radioactive Contamination of Soil on Single-Family Residential Sales Prices, Paper presented at the Appraisal Institute Symposium, October 1991.

Mills, E. S., The Value of Urban Land, In H. S. Perloff, editor, The Quality of the Urban Environment, Baltimore: Johns Hopkins University, 1971, 229-253.

Shilton, L., W. O’Connor, K. Teall and J. R. Webb, Real Estate Taxation and Commercial Loan Underwriting, Decision Sciences, 1992, 23:5, 1162-1173.


Authors may include a brief acknowledgment. It should appear after the references.


For ARES members there is no charge for submitting a manuscript. For non-members, a submission fee in the amount of one year’s academic membership dues is required and should be made payable to ARES.  An annual membership is included in this fee.

All submissions and other correspondence should be sent to jrepm@cornell.edu.

Submission via email is required. Initial submissions should be in PDF format.  Final versions of accepted papers must be provided in Word format. Illustrations or exhibits cannot be published in color; authors should ensure that all exhibits are clear and easily understandable in black and white.

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