Robert Edelstein is a noted authority on real estate economics and finance, with wide-ranging expertise in urban real estate, real estate asset markets, property taxation, real estate investment trusts (REITs), and property technology (PropTech/FinTech). Professor Edelstein analyzes the globalization and securitization of real estate markets, real estate development, and the macroeconomic determinants of housing construction. He has also researched how mortgage debt instruments and variable-rate mortgages are designed and the impact of inflation and deflation on property values.
Professor Edelstein has testified in depositions in multiple matters, in state and federal courts. On issues related to mortgage interest rates and lending risk, he has testified before the U.S. House of Representatives, Subcommittee on Financial Institutions and Consumer Credit, Committee on Banking and Financial Services.
In addition, Professor Edelstein has consulted to the U.S. Department of Housing and Urban Development, the U.S. Department of Energy, the Housing Development Corporation of New York City, the Federal Reserve Bank of Philadelphia, the Philadelphia Finance Department, and the Federal Home Loan Bank of San Francisco. He is a former president of the American Real Estate and Urban Economics Association.
A prolific author, Professor Edelstein has published numerous articles in leading academic journals. His research has appeared in the Journal of Real Estate Finance and Economics, the Journal of Real Estate Research, and the Journal of Housing, among others. He is the author of the book, Explaining the Boom Cycle, Speculation or Fundamentals? The Role of Real Estate in the Asian Crisis.
Before joining the faculty at Berkeley Haas, Professor Edelstein held academic appointments at Harvard University and the Wharton School, University of Pennsylvania. He has more than four decades of experience teaching undergraduate, graduate, and executive education courses in real estate economics and finance, real estate strategy, and real estate investment analysis.
Professor Edelstein is a member of the board of directors of the Asian Real Estate Society and has served on the Advisory Council for the University of Hong Kong’s Department of Real Estate and Construction.