Brad Case, PhD, CFA, CAIA is Chief Economist and Director of Research for Middleburg Communities, providing analytical support for C-level buy/sell/develop and market focus tactical decisions. Dr. Case has researched residential and non-residential real estate markets, domestically and globally, for more than 30 years.
Prior to Middleburg Communities he worked as an economist with Fannie Mae, Nareit, and the Federal Reserve Board. His research encompasses investment return characteristics including returns, volatilities, and correlations with other assets; accurate measurement of appreciation in property values; inflation protection; use of DCC-GARCH and Markov regime switching models to measure and predict investment characteristics; the length of the real estate market cycle; and the role of the investment horizon. He has a particular interest in the relationship between listed and unlisted real estate markets. Dr. Case holds patents as the co-inventor of the FTSE Nareit PureProperty® index methodology and the backward-forward trading contract, and has been a frequent speaker at real estate and investment conferences.
Dr. Case earned degrees from Williams College and the University of California at Berkeley and his Ph.D. in Economics at Yale University where he worked with Nobel prize-winning economist Robert Shiller.