New research from the Urban Land Institute suggests that micro units—typically larger than a one-car garage, but smaller than a double—have staying power as a housing type that appeals to urban dwellers in high-cost markets who are willing to trade space for improved affordability and proximity to downtown neighborhoods.
The Trepp survey for the week ended December 5th, showed spreads relatively unchanged over the past 30 days, with the average spread increasing 2 basis points. The implied all-in cost of for a 10-year mortgage remains in the 3.50 percent to 4.00 percent range; last year at this time we were talking rates of 4.50 percent to 5.00 percent.
Members of ULI’s Master-Planned Communities Council discuss factors that homebuyers look for in communities; ways that developers are partnering to enhance access to retail, health care, education, and other services; strategies for fostering a sense of community among residents; and other trends.
A recent study of historic neighborhoods in New York City found that the designation boosted property values — except in Manhattan.
A group of nationally renowned land use and urban planning experts has been convened by the Urban Land Institute to make recommendations regarding the redevelopment and reuse of the NRG Astrodome to the Harris County Sports & Convention Corporation.
While the insurance industry is developing new risk standards for natural disasters, according to a ULI white paper, the real estate sector and governments also must play an active role in climate change adaptation
Could San Francisco’s landlords finance badly needed earthquake retrofits by converting garages into “granny flats” while also adding badly needed affordable housing?
Paul Katz, president and managing principal of global architecture firm Kohn Pedersen Fox Associates and a ULI member, died November 20 in Manhattan. He had been undergoing treatment for cancer, with which he had only recently been diagnosed, at Memorial Sloan Kettering Cancer Center. He was 57.
The Trepp survey for the week ending November 28, 2014, showed spreads relatively unchanged over the past 30 days, with the average spread declining 1 basis point. During the period, borrowers benefited from a 12-basis-point decline in the yield on ten-year Treasury notes. The implied all-in cost of 3.6 percent is 104—repeat, 104—basis points lower than it was on December 31, 2013.
A study of 24 California cities with an array of street design characteristics found that living in cities with high intersection density—a measure of compactness—significantly reduces the risk of obesity, diabetes, high blood pressure, and heart disease.