New research sponsored by UDR Inc. and published by ULI shows that 26 percent of gen Yers currently own homes and virtually all expect to own a home eventually.
The real estate investment trust market in India took an important step forward when Finance Minister Arun Jaitley stated that India’s minimum alternative tax will apply to REITs only when an actual transfer of units occurs. The lack of clarity on whether REITs are subject to MAT, as well as to a dividend distribution tax, are two of the factors that have prevented formation. Plus, interest rate survey results from Trepp.
In an Urban Land opinion piece, Mariela Alfonzo, founder of State of Place, argues for the economic development potential for walkability in places like Houston.
Nearly four years in the making, a new federal law authorizes the U.S. Environmental Protection Agency and the U.S. Department of Energy to jointly create a voluntary Tenant Star program aimed at providing national recognition to tenants who design, construct, and operate highly energy-efficient leased spaces in commercial buildings.
The efficiency strategies being researched by Disney Research China can be applied not only in Disney resorts—which are basically miniature cities with accommodations, attractions, transportation, and commerce—but also in communities of all shapes and sizes.
In other times, Houston’s economic performance in 2014 would have been considered outstanding. But despite those strong results, no euphoria spills from the lips of Houston economists today. Caution rules in the business community.
Many Americans face significant community design-related barriers to living a healthy life, according to ULI’s new report America in 2015, with more than half saying they cannot walk to shopping and entertainment in their communities.
Speaking at the this year’s Pacific Cities Sustainability Initiative Annual Forum in Beijing, former Australian Prime Minister Kevin Rudd said that cities have the ability to address the growing dangers of climate change, which he said is the biggest challenge facing humanity.
A six-year-old attempt to build a $650 million high-density, mixed-use development in northern San Diego continues to stir debate about the role of new urbanism in a city known for suburban sprawl.
Across the United States, a number of cities are attempting to restore and rediscover their urban rivers. One of the most ambitious efforts is occurring in Houston, where Buffalo Bayou Park is undergoing a $58 million redevelopment to be completed this year.