UC Lindner College of Business Doctoral Alumna Wins International Research Award
Avis Devine, PhD 13, won the
2014 Aareal Award of Excellence
in Real Estate Research from the Real Estate Management Institute of the EBS Business School and Aareal Bank AG. Devine earned her doctorate from UC's Carl H. Lindner College of Business.
Devine, now assistant professor at University of Guelph, Ontario, Canada, was given the award based on her academically outstanding research work in real estate economics. Her dissertation is titled Three Essays in Residential Real Estate Topics: An Examination of Rental Tenure, Green Residential Construction Policy and Green Residential Rental Rates."
In her
, Devine examined three topics and found a statistically and economically significant connection between increased rental tenure and house price recovery for 2006. In a second topic, she found an 8.9 percent rental rate premium associated with LEED apartments. And in the third, she examined municipalities with and without green residential incentive programs to determine which type is most popular and prove most successful.
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