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Fox’s Huffman covers two topics
Forrest Huffman, Professor of Finance and Real Estate Program Director, spoke twice with Philadelphia’s Jewish Exponent. Thanks to a 2013 law, Camden, N.J., will benefit from a number of upcoming construction projects. Huffman offered input on whether the city will ever become a destination for families looking to relocate across the river. A day later, Huffman commented on Comcast’s newest addition to the Philadelphia skyline, and the many ways the new complex will impact the city.

Young families who can’t afford to buy a house in their desired school district have options. Building strong parent organizations can improve floundering neighborhood schools. But if parents can’t wait for their local school to turn around, Forrest Huffman, a professor of real estate and finance at Temple’s Fox School of Business, says there’s another choice. “You rent! There are benefits and offsettings associated with choosing rentals,” he said.

http://philadelphia.cbslocal.com/2011/09/30/part-4-improving-the-schools-to-improve-the-neighborhood/

A Philadelphia landmark – the Inquirer and Daily News building at Broad and Callowhill streets – is on the market a second time. Given its prominence and location, Fox School of Business real estate and finance professor Forrest Huffman says it would be compared to major Center City office spaces like the Comcast Center. “It’s a question of how far down the quality ladder would one place the Inquirer building? I’m not sure. I doubt it would be at the very top, but the location isn’t bad. It’s a striking building, but if it wasn’t competitive, the most likely alternative would be to turn it into residential space,” he said.

http://philadelphia.cbslocal.com/2011/06/07/philadelphia-landmark-building-for-sale/

June 7, 2011

A Philadelphia landmark – the Inquirer and Daily News building at Broad and Callowhill streets – is on the market a second time. Given its prominence and location, Fox School of Business real estate and finance professor Forrest Huffman says it would be compared to major Center City office spaces like the Comcast Center. “It’s a question of how far down the quality ladder would one place the Inquirer building? I’m not sure. I doubt it would be at the very top, but the location isn’t bad. It’s a striking building, but if it wasn’t competitive, the most likely alternative would be to turn it into residential space,” he said.

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The Colonial School District in Montgomery County is facing a decrease in enrollment of incoming kindergarten students. Officials wonder if the change is because homes are not being sold so new families are not moving into the district. “Births and migrating make up most of the population changes, so assuming that people are still having children, it’s a migration problem and they may not be migrating into these school districts as they once did,” said Fox School of Business real estate professor Forrest Huffman, who suggests that schools can market themselves better or wait for home sales to increase.

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Jan. 11, 2010

The trendy “condo conversion” model that for a few years offered ownership opportunities in downtown high rises has given way to renting once again. Fox School real estate expert Forrest Huffman said renting has been a good bet as potential buyers waited for sales to bottom out since the historic buying run screeched to a halt in 2008. But he also says 2010 may bring the end of falling property values, making it a good time to buy when combined with all the government tax credits. “My guess is the economy turns around, jobs pick up and that’s when people start getting back into the housing market,” Huffman said. “You want to be in just before then.”

The Department of Finance in the Fox School of Business at Temple University is ranked No. 4 nationally in the research rankings released by Academics Analytics on the scholarly production of professors at research universities in the United States.The department chair, Ken Kopecky, cited the importance of the work of recent hires, Associate Professor David Reeb and Assistant Professor Connie Mao for earning this distinction.However, he also stressed that the ranking is not based solely on the productivity of a few faculty members but is broadly based across the entire department.

“The ranking methodology was designed to recognize the productivity of the average faculty member, both in terms of the number of articles published and perhaps more importantly the number of citations accruing to those articles. We have been fortunate that the department’s presidential faculty have been very productive as a group.”

Professor Reeb is known for his work on family-run firms and on the structure of corporate boards and has published several articles in the Journal of Finance. Professor Mao, known for her work in corporate finance and on the valuation effects arising from the dissemination of information across international markets, has published in theJournal of Finance and the Journal of Financial and Quantitative Analysis.Professor J. Jay Choi, the Laura H. Carnell Professor of Finance, who is an expert in international finance, recently published in the Journal of Financial and Quantitative Analysis.In the banking area, Professors Elyas Elysiani and Kopecky have both published in the Journal of Banking and Finance while Associate Professor Jonathan Scott published in the Journal of Money, Credit and Banking.In the asset pricing area, Associate Professor Anne Zissu recently had two papers published in the Journal of Derivatives and Professor Manak Gupta published in the Review of Quantitative Finance and Accounting.The real estate area is part of the finance department. Professor Paul Asabere, who is an expert on real-estate public policy issues and Professor Forrest Huffman, an expert on taxation in real estate markets, have published joint papers inReal Estate Economics, Journal of Real Estate Finance and Economics, and the Journal of Real Estate Research.

Said M. Moshe Porat, dean of The Fox School, “I am pleased and proud that Academic Analytics has recognized the research of Fox School’s finance department. This ranking helps complete a banner year of top rankings for The Fox School. The recent hiring of Professor David Cummins from Wharton, an expert in financial institutions, will further enhance our research productivity.”