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Wilbur O. and Ann Powers College of Business

Profile Information

Thomas M. Springer

Professor of Finance and Real Estate


Office: North 151, Wilbur O. and Ann Powers College of Bus
Phone: 864-656-3746
Email: SPRINGE@clemson.edu
Vita: http://people.clemson.edu/~springe/cv.pdf

 


 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 and Managerial Finance.

Research Interests

  • Real Estate

Research Publications

  • “Analyzing the Risks of Sea Level Rise on Florida-Based Low Income Housing Tax Credit (LIHTC) Projects: a Policy Study,” Real Estate Issues 42:12, 2018 (with V.L. Hammett and E. Worzala)
  • “Limited Service Brokerage: Positive Broker Intermediation?,” Journal of Real Estate Research 40:4, 2018 (with J. Rutherford and R. Rutherford)
  • “Diversification Effects of REIT Mergers,” Managerial Finance 44:4, 2018. (with J.C. Alexander)
  • “Estimating the Transaction Volume of Single-Family Housing Under Changing Economic Conditions using a Varying Parameter Model,” The Journal of the Center for Real Estate Studies - Realtor® University, 4:1, October 2016 (with M. Sklarz and E. Worzala)
  • [grant funding provided by the Realtors University of the National Association of Realtors (NAR)]
  • "Insider Trading in REITs: Evidence from Informed Stock Option Exercise Around Seasoned Equity Offerings" Journal of Real Estate Research, 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, 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)The Journal of the Center for Real Estate Studies - Realtor® University, 4:1, October 2016 [grant funding provided by the Realtors University of the National Association of Realtors (NAR)]
  • "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)

Links

Wilbur O. and Ann Powers College of Business
Wilbur O. and Ann Powers College of Business | 343 Chandler L. Burns Hall, Clemson, S.C., 29634