At this stage of the latest condo construction cycle, projects are much smaller, typically featuring fewer than 100 units. Yet the size of the individual units, along with their price tags, has swelled in 2015 and 2016. And that is unlikely to change anytime soon, according to a ULI Chicago panel discussion held September 22 at the Union League Club of Chicago.
As world leaders gather at the United Nations to ratify the Paris Agreement on climate change, a new paper released by ULI argues that many real estate organizations are not adequately prepared for the implications of the agreement, which was made at last year’s 21st annual Conference of the Parties in Paris (COP-21). The paper provides an overview of the key issues that arose from the COP-21 agreement and outlines steps that the real estate industry can take in response.
For the United Kingdom, a long, slow, sometimes painful process of adjustment to a new world is only beginning. And while the initial reaction was perhaps overly negative, a subsequent readjustment and insistence from the market that it is business as usual is perhaps overly positive as well.
Home prices in Canada’s largest city have risen dramatically in the years since 2008.
Many observers are wondering how Cuba and its economy will react to the opening of relations with the United States, and Richard E. Feinberg, a senior fellow in the Latin America initiative at the Brookings Institution, explores the question in his book Open for Business: Building the New Cuban Economy.
A Gathering Place for Tulsa is under construction along the eastern bank of the Arkansas River two miles (3.2 km) south of downtown, is one of the biggest greenway projects under development from scratch in the United States.
Brick-and-mortar stores will benefit from holiday spending, but robust growth is not expected at those outlets. Instead, warehouses and call centers will be bigger beneficiaries of holiday spending this year, with the recent RetailNext forecast calling for a 14.9 percent growth in online sales. Plus, interest rate survey data from Trepp.
A ULI Advisory Services panel will visit the city of Georgetown and Georgetown County to advise representatives on how best to transform a 150-acre (61 ha) site into a catalyst for economic development.
According to analysis by Morningstar Credit Ratings, 302 properties, with an allocated property balance of $1.1 billion, may be at elevated risk because of major flooding in Louisiana last month.
Many macroeconomic trends continue to favor U.S. commercial real estate as an asset class, Jimmy Hinton, a managing director of research at HFF, told attendees at a ULI South Carolina capital markets conference in early September.