With the technology improving and prices falling, glass that automatically darkens to control glare and heat is gaining popularity.
Sixty leading figures in real estate capital markets came together in New York City in December to participate in the 22nd annual ULI/McCoy Symposium on Real Estate Finance. The annual invitation-only event was attended by a wide array of real estate industry participants. Because Chatham House rules, which provide anonymity to speakers to encourage openness and the sharing of information, applied to the discussions, the following is a summary of the key findings and themes of the symposium.
Not every town can become a Silicon Valley. But they can invest in their own competitive advantages.
Real estate investment trusts experienced some ups and downs during February and ended the month with relatively flat performance. Positive performance by mortgage REITs largely offset the decline in the equity REIT sector. Current REIT performance reflects broader market behavior but could also signal that markets may be plateauing. Plus, interest rate survey data from Trepp.
Downtown Manhattan got a new architectural landmark last week, with the opening of architect Santiago Calatrava’s World Trade Center Transportation Hub. The distinctive structure with wing-like ribs connects the PATH commuter trains from New Jersey to the New York subway system, as well as the trans-Hudson ferries. Take a virtual tour with this video by Bloomberg Business.
Amid the ongoing debates over climate change, considerations of “peak auto” have eclipsed those of “peak oil” in recent years. In this cautiously optimistic book, the former notion is updated and aligned within a set of long-term strategies necessary to achieve a low-carbon green economy.
For sustainable buildings, the topic moving to the forefront is benchmarking to raise the bar on efforts to reduce energy use and carbon emissions. Benchmarking of building energy consumption provides a number of advantages for building owners, occupants, and the broader community.
It could be a bumpy first half of the year for retail real estate: Despite continued improvement in key fundamentals and a strengthening U.S. economy, the retail sector is bracing for a bigger shake-out in store closures in the next few months.
Compared with the rapid pace of development along the East Coast and West Coast, the real estate market in the Midwest tends to be slow and steady.
Four university teams—including two from Harvard University, one from the Georgia Institute of Technology, and one from the University of Miami—have been selected as the finalists for the 14th annual Urban Land Institute Hines Student Competition, an ideas competition that provides both full- and part-time graduate-level student teams with the opportunity to devise a comprehensive design and development scheme for an actual, large-scale site in an urban area.