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Faculty and Staff Profile

Thomas Springer

Professor of Finance and Real Estate


Office: 421 Sirrine Hall
Phone: 864-656-3746
Email: SPRINGE@clemson.edu
 

 Educational Background

PhD (Real Estate)
The University of Georgia 1988

MBA (Finance and Real Estate)
University of Georgia 1986

BS (Forestry)
University of Florida 1978

 Courses Taught

Real Estate Principles
Real Estate Investment Analysis
Principles of Finance

 Profile

Tom received his Ph.D. in Real Estate from the University of Georgia and first joined the Clemson University faculty in 1988. From 1992 to 2005, his career took him to Florida Atlantic University. Professor Springer returned to Clemson in 2005. At Clemson, he teaches real estate classes at the undergraduate level. He currently serves as the Secretary of the American Real Estate Society, henceforth making Clemson University its home address. The Society publishes six real estate journals: the Journal of Real Estate Research, the Journal of Real Estate Portfolio Management, the Journal of Housing Research, the Journal of Real Estate Literature, the Journal of Real Estate Practice and Education and the Journal of Sustainable Real Estate. Professor Springer is currently serving on the editorial boards of the Journal of Real Estate Research, the Journal of Real Estate Finance and Economics, Managerial Finance, the Journal of Financial Research and the Journal of Housing Research.

 Research Interests

Real Estate

 Research Publications

“Insider Trading in REITs: Evidence from Informed Stock Option Exercise Around Seasoned Equity Offerings” Journal of Real Estate Research, forthcoming 2014 (with B. Cline, X. Fu and T. Tang)

Commercial Office Market and the Mark-up for Full Service Leases,” Journal of Real Estate Research, forthcoming 2014 (with J. Wiley, Yu Liu and Dongshin Kim )

“Time-on-the-market as an Indicator of Real Estate Market Conditions using a Varying Coefficient Model,” The Journal of the Center for Real Estate Studies - Realtor® University, 1:2, 2013 (with E. Worzala)

“Acquisition of Equity REIT IPOs in the Aftermarket,” Managerial Finance, 39:8, 2013 (with J. Alexander, P. Cheng and R. Rutherford)

“Efficiency and Incentives in Residential Brokerage,” Journal of Real Estate Finance and Economics, 45:4, 2012 (with R. Brastow and B. Waller)

“The Effect of Development Impact Fees on Housing Values,” Journal of Housing Research, 18:2, 2009 (with J. Evans-Crowley, L. Lockwood and R. Rutherford)

“Evidence of Information Asymmetries in the Market for Residential Condominiums,” Journal of Real Estate Finance and Economics 35:1, 2007 (with R Rutherford and A. Yavas)