Faculty and Instructors

Wisconsin School of Business

Timothy Riddiough

Director of the Applied Real Estate Investment Track (AREIT)

Professor - James A. Graaskamp Center for Real Estate, Real Estate & Urban Land Economics
E.J. Plesko Chair

Timothy (Tim) Riddiough holds the E.J. Plesko Chair and is a professor in the Department of Real Estate and Urban Land Economics at the Wisconsin School of Business. Riddiough served as the director of the Graaskamp Center for Real Estate from 2004-2009.

From 1994 to 2001 Riddiough was at MIT as an assistant and associate tenured professor, and from 1991 to 1994 he was an assistant professor at the University of Cincinnati.

Riddiough is currently the second vice president of the American Real Estate and Urban Economics Association (AREUEA). He has been active in AREUEA for many years, serving on the board of directors several times.

He is on the editorial board of Real Estate Economics, and I for several years served as editor of Real Estate Finance. He currently serves on the editorial boards of five other real estate-related journals.

His honors and awards include winning the best dissertation and best paper awards from AREUEA, being named a founding fellow at the Real Estate Research Institute, and a fellow at the Homer Hoyt Institute for Advanced Studies.

Riddiough is best known for his work on credit risk in mortgage lending, mortgage securitization, real options, REIT investment and corporate finance, and land use regulation.

He has published in Real Estate Economics, Journal of Urban Economics, Journal of Real Estate Finance and Economics, Review of Financial Studies, Journal of Quantitative Financial Analysis, and the Journal of Financial Intermediation. His current research interests are focused on the financial crisis of 2007-08, economic development of debt markets, and optimal contract design.

Riddoiugh is an active participant in the commercial real estate industry, speaking often on the financial crisis, and was recently named to NAREIT’s investment advisory council. He is also active with the Pension Real Estate Association and the Commercial Mortgage Securities Association. He advises several real estate organizations on investment and risk management issues, and has served as an expert economic consultant on numerous legal matters involving real estate finance and investment issues.

He received his Ph.D. from the University of Wisconsin–Madison. He holds the Counselor of Real Estate (CRE) designation.
 

Selected Published Journal Articles


Riddiough, T. (2011). " Can Securitization Work: Economic, Structural, and Policy Considerations". Journal of Portfolio Management (35), 24-38.
Riddiough, T., , & Ciochetti, B. (2006). Theory and Evidence on the Resolution of Financial Distress. Review of Financial Studies (19), 1357-1397.

Submitted Working Papers


Riddiough, T., Rajan, R., Acemoglu, D., & Glaeser, E. Income Inequality and the Financial Crisis.

Graduate Courses


Commercial Real Estate Finance
Course DescriptionThis is a capstone course focused on advanced topics in commercial real estate finance. The course is broken into three parts: 1) Financial Derivatives, 2) Risk Management, and 3) Structured Finance. Lectures will address relevant topic areas and develop
(RES 770 Section 1), Fall 2011.

Sem- Urban Land Econ PhD (RES 977 Section 1), Spring 2011.



Professional Organizations


American Real Estate and Urban Economics Association


Presentations


AREUEA Meetings
"Collateral and Debt Capacity in the Optimal Capital Structure"

FMA Asia-Pacific Meetings
"Collateral an dDebt Capacity in the Optimal Capital Structure"

National University of Singapore Conference on Real Estate
"Collateral an dDebt Capacity in the Optimal Capital Structure"

UC-Irvine
"Collateral an dDebt Capacity in the Optimal Capital Structure"

University of Miami
"Collateral an dDebt Capacity in the Optimal Capital Structure"

Numerous
Can Securitization Work?

Numerous
Collateral and Debt Capacity in the Optimal Capital Structure

Photograph of Timothy Riddiough

Timothy Riddiough

Director of the Applied Real Estate Investment Track (AREIT)
 
Professor | James A. Graaskamp Center for Real Estate, Real Estate & Urban Land Economics
E.J. Plesko Chair
(608) 262-3531
5262D Grainger Hall