Dr. Gerd Welke
About Dr. Gerd Welke
Dr. Gerd Welke is the CBA Professor of Real Estate Analytics in the Finance, Real Estate, and Law Department at Cal Poly Pomona. He received a Ph.D. degree in Physics from Stony Brook University in 1990, and a Ph.D. from the University of California at Berkeley in Real Estate Finance in 2006. Over the past 20 years, he has worked on real estate startup companies, consulted on the valuation of financial instruments, and appeared as an expert witness on real estate capital markets in FINRA arbitration cases. As the executive director of the Real Estate Research Council of Southern California, he regularly speaks at their quarterly meetings, and at various Southern California conferences and meetings on housing. He is a board member of the National Housing Law Project and the CSU RESIG program.
Publication
Thomas, C., Welke, G. M. (2017). The Effect of HVTLs on Property Values: An Event Study. International Real Estate Review, 20(2), 167-187.
Davidoff, T., Welke, G. M. (2017). The Role of Appreciation and Borrower Characteristics in Reverse Mortgage Terminations. JOURNAL OF REAL ESTATE RESEARCH, 39(1), 99-126.
“Just-in-Time Monte Carlo for Path-Dependent American Options,” Journal of Derivatives, 15(4), Summer 2008, pp. 29-47, co-authored with S.K. Dutt.
“Estimating Property Values by Replication: An Alternative to the Traditional Grid and Regression Methods,” Journal of Real Estate Research, 30:4, 2008, pp. 441-460, co-authored with T.Y. Lai and K. Vandell and K. Wang.