At a panel discussion on mixed-income housing at the recent ULI Housing Opportunity 2015 conference, ULI trustee Colleen Carey shared a recent experience of trying to raise capital for a mixed-income multifamily project that her firm, the Cornerstone Group, hopes to build as part of Lyndale Gardens, a new town center in Richfield, Minnesota.
Experts at ULI’s recent Housing Opportunity 2015 conference in Minneapolis, however, say that today’s buildings are moving ever closer to net zero becoming a practical reality.
A focus on health and sustainability is a market differentiator, developers and financiers said at a recent ULI webinar during which they discussed their success with such an approach.
Affordable housing projects are often ground zero for the achievement gap that exists in the United States said panelists at the ULI Housing Opportunity conference. Nearly one in four American children (22 percent as of 2013) live in poverty, with half of those children living in neighborhoods of concentrated poverty.
Aging baby boomers and strong demand for inexpensive housing have helped boost the small manufactured housing real estate investment trust (REIT) sector. The sector’s market capitalization totals just $8 billion, but its total year-to-date return of 13.13 percent far exceeds the FTSE NAREIT All Equity REIT average of –1.07 percent. Plus, interest rate survey results from Trepp.
An unloved, enclosed downtown shopping mall is being opened up to create a “Rockefeller Center” for Los Angeles. The centerpiece of the project is an upscale 400,000-square-foot (37,000 sq m) outdoor shopping, dining, and entertainment district.
“The hard truth is that we really have to rebuild and build new with the expectation of likely extreme weather in the future,” said Harriet Tregoning, principal deputy assistant secretary at the U.S. Department of Housing and Urban Development, speaking on a ULI panel.
This is a much-anticipated book, and the basic message is an important one: small-scale actions play an essential role in ensuring that cities—and especially the street frontage or building blocks within them—are responsive to genuine but unmet needs
It requires strong partnerships among school districts, the community, and developers to place improved schools at the heart of a new development.
More than 30 of the nation’s leading multifamily developers, owners, and capital providers gathered in May to discuss issues facing the industry at the 2nd annual ULI/Carolyn and Preston Butcher Forum on Multifamily Housing in Houston, Texas, with four key themes emerging.