Technology Momentum: Peer Networks from Patents

Companies strategically innovate and acquire intellectual property. That innovation is increasingly taking place outside of a firm’s traditional business focus and varies widely between companies in the same sector. Investors can group firms by their shared technology attributes using patent data . Because of the importance of intellectual property in a firm’s value, stock pric...

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Academia
Banking
Corporations
Investment Banking
Investment Management
Private Equity
Professional Services

Dec 2020

Research

A Dark Winter for REITs: Trouble Brewing

Add another item to the list of ‘firsts’ for 2020 - markets saw two REITs declare bankruptcy on the same day for the first time. [1] CBL Properties (CBL) and Pennsylvania Real Estate Investment Trust (PEI) filed for bankruptcy protection on Monday, November 2, 2020. An examination of those factors common to CBL and PEI reveals similar operational and fundamental characteristics...

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Investment Management

Oct 2020

Research

Just the (Build)Fax: Property Intelligence from Building Permit Data

Investors have struggled to price the uncertainties facing commercial Real Estate owners as tenants’ businesses continue to be impacted by the economic lockdown following the COVID-19 global pandemic. Building permit data has provided valuable transparency for investors of Real Estate Investment Trusts (REITs) during this time. Publicly-traded REITs that have continued permit-r...

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