Magazine article Real Estate Issues

Hugh F Kelly, CRE Receives 1996 Ballard Award

Magazine article Real Estate Issues

Hugh F Kelly, CRE Receives 1996 Ballard Award

Article excerpt

Hugh F. Kelly, CRE, senior vice president and national director of the Research Group at Landauer Associates, Inc., New York, has been named the 1996 recipient of the William S. Ballard Award for his article, "Recent Evidence on Investor Preferences and Yield Requirements," in the August edition of Real Estate Issues. The annual award given by The Counselors of Real Estate recognizes the author whose work best exemplifies the high standards of content maintained in Real Estate Issues, the organization's professional journal.

In his article, Kelly addresses both the current behavior of the investment community along with an eye toward future expectations. He provides a capsule summary of activities by property type to illustrate that the liquidity crisis of the early 1990s was indeed a temporary phenomenon rather than a precursor of permanent structural change in the commercial property investment arena.

Kelly has been with Landauer since 1979 and has participated in many of the company's largest counseling assignments including the investment analysis of New York's World Trade Center, the site location of the Saturn automobile plant and the "Cities of Tomorrow" study which examined the growth prospects and investment opportunities in 125 metropolitan areas in the U. …

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