Jeffrey D. Fisher, Ph.D.

Jeffrey D. Fisher, Ph.D. is a Research and Education Consultant to the National Council of Real Estate Investment Fiduciaries (NCREIF) and President of the Homer Hoyt Institute. He is also a founding Partner in the Pavonis Group, LLC and on the board of RealNex which is a Pavonis Group affiliate company. He is a Professor Emeritus of Real Estate at the Indiana University Kelley School of Business, a Visiting Professor at Johns Hopkins University, and serves on the advisory board of Sterling Valuation.

Dr. Fisher has served on the board of directors of the Pension Real Estate Association, the National Council of Real Estate Investment Fiduciaries (NCREIF) and the Real Estate Research Institute (RERI). He received PREA/Graaskamp Award for Research Excellence from the Pension Real Estate Association, the Richard Ratcliff award and the Pioneer Award from the American Real Estate Society, the George Bloom Award from the American Real Estate and Urban Economics Association and the Martin S. Katz Memorial Award from the American Property Tax Council (APTC).

He has served as an expert witness in court cases for several clients including Inland Steel, Simon Property Group and the Internal Revenue Service (IRS). He has consulted for the Federal Reserve System in Washington, D.C. and the multifamily group of the Federal National Mortgage Association (Fannie Mae). He has appeared on CNBC to discuss real estate investment and is frequently quoted by the media including the Wall Street Journal.

Dr. Fisher was a founding trustee of The Appraisal Foundation that was formed in 1987 by the major appraisal organizations as a self-regulatory organization and source of standards for the appraisal industry. He served as President of the American Real Estate and Urban Economics Association (AREUEA) in 1990 and the 1986-87 Chairman of the Real Estate Center Directors and Chairholders’ Association. He has worked with many professional organizations to develop and teach courses and seminars including NCREIF, PREA, the Appraisal Institute, the CCIM Institute, NACORE and others.

Professor Fisher has a doctorate in Real Estate from Ohio State University. He is a coauthor of Real Estate, 9th edition published by John Wiley and Sons, coauthor of Real Estate Finance and Investments, 14th edition, published by McGraw-Hill, and coauthor of Income Property Valuation published by Dearborn. His books have been translated into Japanese, Korean and Chinese.

Dr. Fisher has published numerous articles in journals such as The Journal of the American Real Estate and Urban Economics Association, Journal of Real Estate Finance and Economics, The Journal of Urban Economics, The Journal of Real Estate Research, Journal of Portfolio Management, National Tax Journal, Public Finance Quarterly, The Appraisal Journal, Real Estate Review, The Real Estate Appraiser and Analyst, Real Estate Issues, The New Corporate Finance and the Journal of Property Tax Management.