Former Indianapolis Mayor William H. Hudnut III, who served as a ULI senior resident fellow and the ULI/Joseph C. Canizaro Chair for Public Policy from 1996 to 2009, passed away on December 18 after a lengthy illness. He was 84.
Amid reports that U.S. luxury condo sales are slowing, many developers and real estate speculators are wondering whether Miami is perched on the edge of another recession. Or will it remain one of the world’s strongest condo markets?
As we close the books on the year, we wanted to look back on the topics that resonated with the readers of Urban Land Online in the past year. Here are the top five most popular articles from 2016.
Industrial real estate investment trusts recently hit their second-highest year-to-date return for 2016 at 24.98 percent. While industry professionals have raised concerns that supply and demand issues may plague the next 12 to 24 months, the industrial sector has been noticeably active as it has posted high aggregate occupancy and low delinquency rates. Plus, interest rate survey data from Trepp.
Located in the heart of Oakland’s Fruitvale District, the St. Joseph’s Campus comprises the historic St. Joseph’s Senior Apartments and Terraza Palmera at St. Joseph’s, which together form a multigenerational, mixed-use campus.
Though still in its infancy, the senior housing market in China has attracted the interest of major domestic institutions and foreign players alike. However, Chinese retirees’ requirements are subtly different from those of U.S. seniors, said delegates at the recent ULI Chinese Mainland Winter Meeting, held in Shanghai.
According to a report from American credit bureau TransUnion, U.S. renters, as a group, are getting older, but they also have better credit scores and greater access to debt than previously.
The low-income housing tax credit (LIHTC) has helped house millions, and it remains a vital driver of development. The 30-year track record of the LIHTC offers compelling evidence that affordable housing is good business, a stable asset class, and a strong driver of economic activity and neighborhood improvement.
As the year winds down, returns on real estate investments trusts have continued to slump as gains in interest rates put downward pressure on the sector. According to the National Association of Real Estate Investment Trusts (NAREIT), the total returns for the FTSE/NAREIT All REIT Index dropped 2 percent in November while the Standard & Poor’s 500 gained 3.7 percent. Plus, interest rate survey data from Trepp.
The ULI Tenant Energy Optimization Program may revolutionize the design of office space by turning energy efficiency into a way to generate economic returns. Here is what it could take to make it the new real estate industry standard.