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.
Taller buildings constructed mainly of wood are an inexpensive, attractive, and environmentally friendly option, but current building codes in the United States make them hard to build, said panelists at a U.S. National Building Museum event.
Take a full copy of Urban Land along on your tablet! The latest issue of the magazine is now available for download through the Urban Land app. Top stories: Introducing this year’s Urban Land 40 under 40; “Global Capital: Outlook for 2017;” and “Energy & Resilience: Practical Ways to Boost Return.”
Despite the perennial speculations of a housing market crash, there is room for growth in the Canadian real estate market, according to Emerging Trends in Real Estate®, as investors are moving east and toward more mixed-use developments. Canada seems poised for a year of stability regardless of concerns about a possible pullback in the Vancouver and Toronto housing markets.
As the Denver metropolitan area has topped 3 million residents, potentially accelerating toward 4 million, a sustainable land use template for future mobility and economic, social, and environmental health is emerging within the framework of the 122-mile (196 km) FasTracks rail and bus rapid transit network, which includes expansion with five new transit lines this year. A ULI Colorado event in early November attracted participants from Colorado and beyond to tour various transit-oriented development sites and hear about lessons learned and future trends.
By connecting the Denver metropolitan area with the rest of Colorado—and the world—through multiple modes of transportation, Denver Union Station has transformed a vacant neighborhood and created a global touchstone for large-scale mixed-use projects.
In Slum Health, University of California, Berkeley, professors Jason Corburn and Lee Riley show that poor health in slums cannot be addressed separately from the social conditions that bring it about.
After a sluggish year with just 1 percent growth, backhoes and bulldozers should be busier in 2017 with 5 percent growth in construction starts, for a total volume of $713 billion. That is the prediction from industry leader Dodge Data & Analytics, presented at the group’s annual conference held recently at National Harbor in Oxon Hill, Maryland.