G. Stacy Sirmans

J. Harold & Barbara M. Chastain Eminent Scholar in Real Estate
G. Stacy Sirmans
Faculty
Location
506 RBA
Phone
850-644-7845
Academic Specialty
Real Estate Finance
Education

Ph.D., University of Georgia
M.B.A., Valdosta State University
B.B.A., Valdosta State University

Areas of Expertise

Real Estate Finance
Real Estate Investment
Housing Demand

Dr. G. Stacy Sirmans is the J. Harold and Barbara M. Chastain Eminent Scholar in Real Estate in the Department of Risk Management/Insurance, Real Estate and Legal Studies at Florida State University’s College of Business. His areas of teaching include financial management, investments, real estate principles, real estate investments, real estate finance, small business finance and small business financial management. 

Sirman’s areas of research interest include real estate finance (mortgage markets), real estate investments, investment analysis and financial management. He has published extensively in the real estate and finance areas on a variety of topics and has been involved in numerous research projects for various agencies. His research has appeared in various media outlets such as the Wall Street Journal, Money Magazine, Business Week, USA Today, Kiplinger Magazine, New York Times, L.A. Times, Chicago Tribune, Miami Herald and numerous other major news outlets. 

In the 1980s, Sirmans served as a visiting scholar to the Federal Home Loan Bank Board in Washington, D.C. He is currently president of the American Real Estate Society and has served on the board of directors of the American Real Estate Society and the Southern Finance Association. He serves on the editorial boards of the Journal of Real Estate Finance and Economics, Journal of Real Estate Research, Journal of Housing Research, Journal of Real Estate Literature and Seniors Housing and Care Journal. He is also chairman of the Board of Directors of the FSU Credit Union. 

Prior to coming to FSU, he taught at Emory University and Clemson University. 

Sirmans received his bachelor’s degree in management and MBA from Valdosta State University. His Ph.D. in finance with a minor in real estate is from the University of Georgia.

Selected Published Research

Dean H. Gatzlaff and G. Stacy Sirmans (2013), "The Economics of Information in Real Estate Markets," Journal of Real Estate Finance and Economics, forthcoming.

Randy E. Dumm, G. Stacy Sirmans, and Greg T. Smersh (2012), "Building Codes, Wind Contours, and House Prices," Journal of Real Estate Research, 34(1), 73-98.

G. Stacy Sirmans, and C. Stace Sirmans (2012), "Property Tax Initiatives in the United States," Journal of Housing Research, 21(1), 1-14.

Randy E. Dumm, G. Stacy Sirmans, and Greg T. Smersh (2011), "The Capitalization of Building Codes in House Prices," Journal of Real Estate Finance and Economics, 42(1), 30-50.

Joachim Zietz, G. Stacy Sirmans, and Emily N. Zietz (2008), "Determinants of House Prices: A Quantile Regression Approach," Journal of Real Estate Finance and Economics, 37(4), 317-333.

Randy E. Dumm, G. Stacy Sirmans, and David A. Macpherson (2007), "The Title Insurance Industry: Examining a Decade of Growth," Journal of Insurance Regulation, 25(4), 23-51.

G. Stacy Sirmans, H. Swint Friday, and Russell M. Price (2006), "Do Management Changes Matter? An Empirical Investigation of REIT Performance," Journal of Real Estate Research, 28(2), 131-148.

G. Stacy Sirmans, Lynn MacDonald, David A. Macpherson, and Emily N. Zietz (2006), "The Value of Housing Characteristics: A Meta Analysis," Journal of Real Estate Finance and Economics, 33, 215-240.

G. Stacy Sirmans, and C.F. Sirmans (1987), "The Historical Perspective of Real Estate Returns," Journal of Portfolio Management, 13(3), 22-31.

G. Stacy Sirmans, Stanley D. Smith, and C.F. Sirmans (1983), "Assumption Financing and Selling Price of Single-Family Homes," Journal of Financial and Quantitative Analysis, 18(3), 307-318.

Textbooks

Terrence M. Clauretie and G. Stacy Sirmans (2014). Real Estate Finance Theory and Practice, 7th Edition. Mason, Ohio: OnCourse Learning.

Terrence M. Clauretie and G. Stacy Sirmans (2002). Learning Real Estate Finance. Mason, Ohio: OnCourse Learning.

Honors and Awards
  • Best Paper Published in the Journal of Real Estate Portfolio Management, American Real Estate Society (2002)
  • Best Paper Published in the Journal of Real Estate Research, American Real Estate Society (1998)
  • Best Paper Published in the Journal of Real Estate Portfolio Management, American Real Estate Society (1996)
  • First Place, AREUEA/Lincoln Land Institute Dissertation Competition, American Real Estate and Urban Economics Association and Lincoln Land Institute (1980)