2016 was an above average year for grocery store openings, as they anchored developments ranging from apartments to malls to even some hotel concepts. Here are four trends driving changes in the modern grocery store concept, based on JLL’s recent Grocery Tracker.Read More
San Jose, California, and Seattle-Tacoma, Washington, hold the top two spots in Marcus & Millichap’s latest National Office Property Index (NOPI). Both markets boast vacancy rates below the national average and significant completions forecast for 2017.Read More
As real estate investment hubs, Latin America’s major cities rarely compare to other world capitals. However, changing regulations combined with investors scouring the globe for growth could bring fresh liquidity into major metropolitan areas like São Paulo and Mexico City, according to panelists speaking at the ULI Latin America Conference in February.Read More
Commercial real estate lending volume finished the year on a strong note as loan closings surged in November and December, according to the latest research from CBRE. Despite concerns throughout the year regarding the direction of the global economy, U.S. capital markets remained favorable to borrowers in the fourth quarter (Q4) of 2016 due to low relative rates and abundant capital.Read More
The prospects for real estate investment in Europe remain positive in spite of widespread geopolitical uncertainty, according to a panel of senior industry figures convened at the 2017 ULI Europe conference in Paris. Participants argued that in spite of heightened political volatility across the globe, the environment for real estate investment in Europe, and indeed globally, remains extremely positive. The political climate is not necessarily influencing real estate as much as one might think, given the intensity of the rhetoric.
Autonomous private vehicles could boost sprawl and the number of miles traveled. Autonomous rapid transit promises a much better payoff.
According to the latest forecast from the Joint Center for Housing Studies at Harvard University, spending on home improvements is projected to strengthen in the majority of America’s largest metro areas in 2017, with many markets in the East and Midwest expected to post double-digit annual growth. The residential remodeling market reached a record high of $340 billion in 2015—surpassing its previous peak in 2007—and is projected to increase 2 percent per year on average through 2025 after adjusting for inflation.
Though political upheaval in the United States and Europe is the focus of investors and developers of Latin American real estate, panelists at the ULI Latin America and Caribbean Conference in mid-February, said the clouds of uncertainty have yet to sway many from their carefully plotted courses through the region’s most attractive markets, including Brazil, Mexico, Colombia, and Peru.
The debate around managing migration is often centered on the economic benefits that can occur from migration versus the pressure on resources that results, and real estate is very much at the center of this. Attendees of the 2017 ULI Europe Conference heard from a panel of experts from different fields about the challenges and opportunities that arise from migration, how these manifest themselves in some very different ways, and how the built environment can help mitigate these issues.
Last December, car-sharing giant Uber abruptly loaded its prototype autonomous cars onto a trailer and moved its program from California to Arizona after a dispute with state regulators. If nothing else, the potential conflict over autonomous vehicles in California is a reminder that many complicated hurdles need to be cleared before the much-discussed takeover of autonomous cars. Communities and legislators are wrestling with the realities of regulating and creating infrastructure, even though it remains unclear what role driverless vehicles will play in future mobility.