Professor of Finance
Belk College of Business
University of North Carolina at Charlotte

Dr. Richard Buttimer is a Professor of Finance in the Belk College of Business at the University of North Carolina at Charlotte. Dr. Buttimer holds a Ph.D. from the University of Georgia. Dr. Buttimer specializes in derivatives and real estate finance, and has taught a wide variety of courses in diverse topics such as real estate capital markets, financial derivatives, financial modeling, corporate finance, financial management, and fixed income derivatives. Dr. Buttimer is the Program Director for the MS in Mathematical Finance and Ph.D. in Business Administration programs.

His primary areas of research are mortgage valuation and default modeling and the application of options theory to real estate problems. He has also published papers that examine the use of financial risk management techniques within government. He has published papers in many academic journals including Real Estate Economics, The Journal of Real Estate Finance and Economics, Journal of Money, Credit, and Banking, Regional Science and Urban Economics, The Review of Futures Markets, and The Journal of Housing Economics. He is currently on the editorial boards of The Journal of Real Estate Finance and Economics and Real Estate Economics.

Dr. Buttimer has worked with many of our hedge fund clients, valuing a wide variety of both domestic and international instruments including warrants, convertibles, swaps, fixed-income investments, mortgages, PIPEs, and private equities. He has also served as a consultant to many financial institutions and regulatory agencies and has built models for mortgage valuation, risk attribution, asset-liability management, and various illiquid assets.

PhD, University of Georgia
BBA, University of Georgia

Financial derivatives
Fixed income instruments and derivatives
Real options
Real estate finance and development

Calibration of a Commodity Price Model with Unobserved Factors: The Case of Real Estate Index Futures
The Review of Futures Markets, forthcoming. (with L.C. Baran and S.P. Clark)

Land Development: Risk, Return and Risk Management
The Journal of Real Estate Finance and Economics. (with S. P. Clark and S. H. Ott)

Commercial Real Estate Valuation, Development, and Occupancy Under Leasing Uncertainty
Real Estate Economics. (with S.H. Ott)

Valuing U.S. and Canadian Mortgage Servicing Rights with Default and Prepayment
Journal of Housing Economics (with C.C. Lin)

GSE Impact on Rural Mortgage Markets
Regional Science and Urban Economics (with B.W. Ambrose)

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