A Case Study on Multi-Real-Option-Integrated STO-PF Models for Strengthening Capital Structures in Real Estate Development
This study examines the integration of multi-real-option valuation and security token offering (STO) as an innovative approach to real estate project financing. The case study of Aspen Resort Development serves to illustrate this methodology. The traditional discounted cash flow (DCF) method is freq...
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Main Authors: | Jung Kyu Park, Jun Bok Lee, Young Mee Ahn, Ga Young Yoo |
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2025-01-01
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Series: | Buildings |
Subjects: | |
Online Access: | https://www.mdpi.com/2075-5309/15/2/216 |
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