Longtime Urban Land Institute leader A. Alfred Taubman passed away following a heart attack. He was 91. Taubman, a real estate industry icon who pioneered the development of enclosed shopping malls, had been a ULI Foundation governor since 1985. He served as a trustee from 1980 through 1992, and was a member of the ULI Advisory Services committee from 1995 to 1996.
As the only major U.S. city without formal zoning, Houston has a reputation as a freewheeling place where anything goes. But in truth, a complex patchwork of public and private regulation has evolved to impose order.
How are developers catering to boomers, gen Xers, and millennials whose expectations were affected by the Great Recession? Members of ULI’s Recreational Development Council discuss opportunities for repositioning and new construction in the coming years, changes in consumer preferences and demographic trends, and other factors influencing resort, vacation, and second-home destinations.
For those of you who have already downloaded the Urban Land app for tablets and smartphones, the latest issue is now available. In addition to the Apple and Android app stores, you can now download the magazine on your Kindle Fire and Windows 8 devices.
For the first time in almost a year, weekly U.S. revenue per available room declined as of April 4. But, an improving U.S. economy and low gas prices have boosted demand while new supply has stayed low in most markets, keeping lodging market fundamentals strong. Plus, interest rate survey results from Trepp.
The most expensive apartments per square foot in Houston are in a new tower overlooking a new park in a new residential neighborhood now blossoming downtown. That tower, One Park Place, proved that luxury rental housing can thrive in a central business district still dominated by high-rise office properties.
Commercial and multifamily mortgage bankers closed $399.8 billion worth of loans in 2014, according to the Mortgage Bankers Association’s 2014 Commercial Real Estate/Multifamily Finance Annual Origination Volume Summation.
With no sign of a break in California’s four-year drought, Governor Jerry Brown on April 1 ordered a statewide reduction in water use. What does the worsening drought mean for the state’s economy, real estate, and REITs? Plus, interest rate survey results from Trepp.
The ULI Real Estate Consensus Forecast, issued biannually, which surveys 46 economists and analysts, predicts strong demand and value for real estate for the next three years. According to panelists on a ULI members-only webinar, real estate continues to offer strong relative value compared with other investments, and fundamental demand is also quite strong.
For a second consecutive year, a team representing the University of Maryland has taken top honors in the 2015 ULI Hines Competition with its winning master plan proposal that transforms the Tulane/Gravier and Iberville neighborhoods in downtown New Orleans.