Skip to main content

Erkan Yönder

Associate Professor, Finance


Erkan Yönder
Office: S-MB 12.215 
John Molson Building,
1450 Guy
Phone: (514) 848-2424 ext. 5949
Email: erkan.yonder@concordia.ca
Website(s): Personal

Education

PhD in Finance, Maastricht University
PhD, MSc, BSc in Economics, Middle East Technical University


Teaching activities


Research activities

Research areas

Real Estate Finance (REITs, Commercial Real Estate, Machine Learning Applications in Real Estate, Commercial Mortgages, Green Buildings), Corporate Finance, Climate Finance


Publications

[1] Impact of Environmental Investments on Corporate Financial Performance: Decomposing Valuation and Cash Flow Effects, 2021, Journal of Real Estate Finance and Economics, Forthcoming, with Avis Devine. 

[2] Shuffling Through the Bargain Bin: Real Estate Holdings of Public Firms, 2020, Review of Finance 24–3, 647–675, with Irem Demirci and Umit Gurun.
 
[3] Corporate Diversification and the Cost of Debt: Evidence from REIT Bank Loans and Mortgages, 2020, Journal of Real Estate Finance and Economics 61, 316–368, with Irem Demirci and Piet Eichholtz. 

[4] Environmental Performance and the Cost of Debt: Evidence from Commercial Mortgages and REIT Bonds, 2019, Journal of Banking and Finance 102, 19–32, with Piet Eichholtz, Rogier Holtermans, and Nils Kok. 

[5] The Economics of Residential Solar Water Heaters in Emerging Economies: The Case of Turkey, 2018, Energy Economics 75, 285–299, with Erdal Aydin and Piet Eichholtz. 

[6] The Economic Effects of Owner Distance and Local Property Management in US Office Markets, 2016, Journal of Economic Geography 16–4, 781–803, with Piet Eichholtz and Rogier Holtermans. 

[7] CEO Overconfidence, REIT Investment Activity, and Performance, 2015, Real Estate Economics 43–1, 139–162, with Piet Eichholtz. 

[8] Portfolio Greenness and the Financial Performance of REITs, 2012, Journal of International Money and Finance 31–7, 1911–1929, with Piet Eichholtz and Nils Kok. 

Book Chapters
[9] REIT Environmental Performance and the Cost of Equity, 2018, The Routledge REITs Research Handbook, Edited by David Parker, Routledge Taylor and Francis, with Peter Barron and Piet Eichholtz. 

[10] Real Estate, Governance, and the Global Economic Crisis, 2011, Corporate Governance Failures: The Role of Institutional Investors in the Global Financial Crisis, Edited by James P. Hawley, Shyam J. Kamath, and Andrew T. Williams, University of Pennsylvania Press, with Piet Eichholtz and Nils Kok. 


Awards

2021-2022 Sam and Diana Scalia Research Grant, Montreal, QC

2021-2023 Fonds de recherche du Québec (FRQ) Research Grant, Montreal, QC

2017-2018 European Public Real Estate Association Grant, European Public Real Estate Association, Brussels 

2018 Nick Tyrrell Research Prize, INREV, IPF, and SPR, London
 
2015-2016 Real Estate Research Institute Grant, Real Estate Research Institute, Hartford, CT

2015-2016 European Public Real Estate Association Grant, European Public Real Estate Association, Brussels

2014-2015 Real Estate Research Institute Grant, Real Estate Research Institute, Hartford, CT

2013 Best Published Article in Finance and Sustainability, Principles for Responsible Investment (a United Nations supported initiative) and the French Social Investment Forum, Paris

2012-2013 Real Estate Research Institute Grant, Real Estate Research Institute, Hartford, CT

Back to top

© Concordia University