Welcome! My name is Soon Hyeok (Steve) Choi.

I am an Assistant Professor of Real Estate Finance at the Saunders College of Business, Rochester Institute of Technology.

New!

• It is an honor to be appointed as Director of Research Outreach for Real Estate Economics (REE), the premier journal of the American Real Estate and Urban Economics Association (AREUEA)

• "Winning a bidding war isn't always a win, research on 14 million home sales shows" - The Conversation article

Update!

• Pricing Government Contract Risk Premia: Evidence from the 2025 Federal Lease Terminations with Cameron LaPoint (Yale) - invited for dual submit review at the Journal of Financial Economics with FRA Conference

• The Winner's Curse in Housing Markets with Patrick Smith (UNC Charlotte), Adam Nowak (WVU), Alexei Tchistyi (Cornell) - preparing to submit

Working Papers!

• The Importance of Networks for Career Success: Evidence from the Real Estate Industry with Patrick Smith (UNC Charlotte) & Ali Tosyali (RIT)

Upcoming!

• Cambridge/UF/HKU Real Estate Finance & Investment Symposium

• AREUEA-ASSA 2026