My oldest passion real estate, building, and renovating houses. Initially, I studied Civil Engineering and Construction Management at one of the most prestigious technical college in Hungary. I complemented the traditional engineering education with studies in Sweden, where I studied environment law, environmental friendly construction, and even worked for a pioneer environmental firm specializing in oil based contamination on construction sites, as the construction industry is known to be second most polluting industry in Europe. Over the years, I shifted more and more to the financing side of real estate and focused on investment, asset management and the securities finance industry but my interest in Real Estate remained. My most recent work on mortgage lending by nontraditional nonbank lenders (the first Fintech firms) has been just published in the Journal of Real Estate Research. Now, being part of Squaresave to help people to more effectively save for downpayment to achieve home ownership responsibly, my passion in real estate is revived. My other passion is of course education, empowering people with the right knowledge and skills. I am always busy working on some investment research to highlight risks of the increasingly volatile market in the midst of the covid pandemic and in the recovery.


Research and Consulting expertise

  • Real Estate: Real Estate valuation, Asset management, Real Estate financing, Bank and non-bank mortgage lenders

  • Finance: FinTech, Social Media Impact Analysis, Empirical Finance, Empirical asset pricing, Alpha creation, Stock market regulations and institutional framework around the world

Teaching Interest/Experience

Financial Markets, Banking and Financial Institutions, Finance Technology, Financial Management, Corporate Finance, Investment Analysis, Personal Finance and Wealth Management, Fundamentals of Real Estate, Real Estate Investment, Real Estate Valuation and Market Analysis, Computational thinking and programing in Real Estate

Editorial and Referee Work Special guest editor: Studies in Economics and Finance, Special edition: 2015, 2016, 2017 AFMLI conference Ad-hoc referee: Journal of Financial and Quantitative Analysis, Review of Financial Studies, Management Science, Journal of Banking and Finance, Journal of Housing and Built Environment, European Journal of Finance, Journal of International Business Studies, Journal of Empirical Finance, Real Estate Economics, Studies in Economics and Finance, Subject editor at the Journal of Multinational Financial Management

Academic positions

Adjunct Asst Professor in Finance, National University of Singapore (NUS), 2019- present

Visiting Professor, Central European University (CEU), Budapest, Hungary, 2018-present

Adjunct faculty at Singapore Management University (SMU), 2019-2020

Associate Professor at SP Jain School of Global Management, Singapore, 2019

Assistant Professor in Finance, National University of Singapore(NUS), Singapore, 2010-2018

Assistant Professor in Finance & Real Estate, California State University Pomona, 2008-2010

Education & Awards

PhD in Finance, Gatton College of Business, University of Kentucky, USA, 2007.

M.Sc. Economics, Gatton College of Business, University of Kentucky, USA, 2005.

M.S. Property Management and Investment, Napier University, Edinburgh, U.K. 2003.

Publications are available on SSRN or ResearchGate, see details under Finance and Real Estate sites (top menu).

Professional Memberships: American Finance Association (AFA), American Real Estate and Urban Economics Association (AREUEA), Financial Management Association (FMA), Asian Real Estate Society (AsRES), and the European Finance Association (EFA)

Scientific Committee: Annual Financial Market Liquidity Conference (AFML), European Finance Association Annual meetings, European Financial Management Annual Meetings, Western Finance Association (WFA) Annual Meeting, Financial Management Association (FMA) Annual Meetings, World Finance Conference

Board Memberships: Central and Eastern European Chamber of Commerce (CEEC), Singapore