Walter Boudry

Biography

Wally Boudry is an assistant professor of real estate in the School of Hotel Administration. Prior to joining the School of Hotel Administration, he taught both undergraduate and graduate real estate courses at the University of North Carolina at Chapel Hill''s Kenan-Flagler Business School and New York University''s Leonard N. Stern School of Business. His research expertise is in real estate capital markets, with a focus on real estate investment trusts (REITs). His recent publications have examined REITs'' pricing efficiency, diversification benefits, repurchase decisions, dividend payout policy, and security issuance decisions. A regular presenter, session chair, and discussant at the annual AREUEA meetings, his papers have been published in Real Estate Economics, the Journal of Real Estate Finance and Economics, the Journal of Corporate Finance, and the Journal of Business Finance and Accounting. He received his bachelor of commerce with first class honors and bachelor of economics from the University of Queensland, Australia, and his MPhil and PhD from New York University.

Selected Publications

• Aguilar, Mike; Boudry, Walter; Connolly, Robert. "The Dynamics of REIT Pricing Efficiency" Real Estate Economics. 46.1 (2018): 251-283
• Boudry, Walter; deRoos, Jan; Ukhov, Andrey. "Diversification Benefits of REIT Preferred and Common Stock: New Evidence from a Utility-based Framework" Real Estate Economics. (forthcoming).

Recent Courses

• HADM 6990 - Graduate Special Studies Project I
• HADM 4271/HADM 6271 - Investment in Real Estate Securities and Funds
• HADM 4280 - Real Estate Finance and Investments

Academic Degrees

• PhD New York University, Leonard N. Stern School of Business, 2006
• PhM New York University, Leonard N. Stern School of Business, 2005
• BCom(Hons) University of Queensland, 2000
• BEcon University of Queensland, 1999