Memorial Day unofficially kicks off the busy summer travel season, and this summer is shaping up to be the busiest travel season in years. Despite the bright outlook for summer travel, almost five months into the year, year-to-date lodging sector real estate investment trust (REIT) returns measured –2.93 percent. Plus, interest rate survey data from Trepp.Read More
Landlords are confident that apartments are not overbuilt, and rents continue to increase in many markets, but real estate investment trust investors are less certain. This year, deliveries are reaching new peaks, and investor worries about a market softening are reflected in the sector’s –1.12 percent year-to-date total return. Plus, interest rate survey data from Trepp.Read More
Panelists at the recent ULI Japan Conference in Tokyo said that even a mature market such as Japan offers significant opportunities, due to a program of public/private partnerships designed to ease the burden on the state, but a $1 trillion “infrastructure gap” exists worldwide.Read More
Implementation of the Affordable Care Act has driven both health care–related job growth and demand for real estate in the United States. But health care REITs are not immune from external market challenges, and they have thrived in the current low interest rate environment. Plus, interest rate survey data from Trepp.Read More
Speaking at the ULI Spring Meeting in Philadelphia, William McNabb, chairman and CEO of Vanguard, shares his thoughts on systemic risk for financial institutions, two-factor authentication, and what keeps him up at night.
The White House Conference on Resilient Building Codes, held recently in Washington, D.C., is expected to raise awareness of the critical need for building codes to encourage urban development that is more resilient to the impacts of climate change. The event featured a discussion by Obama administration officials and public and private sector representatives of the key role of building codes in furthering community resilience.
In choosing the title for this book, Gabe Klein, best known as the former head of the city departments of transportation in Washington, D.C., and later Chicago, refers to the entrepreneurial mentality that public sector workers can bring to government.
The Chicago-based nonprofit Center for Neighborhood Technology (CNT) and New York City–based TransitCenter unveiled an interactive transit tool in April that maps the access, quality, and use of transit across 371 cities in the United States, aggregating and mapping data from 805 transit agencies, 15,070 routes, and 543,787 bus and rail stops nationwide.
Real estate investment trusts pulled back in April amid mixed news on interest rates and first-quarter earnings. REIT merger and acquisition activity is on the upswing, and the first REIT initial public offering of the year also occurred, as MGM Growth Properties raised $1.05 billion. Plus, interest rate survey data from Trepp.
Jane Jacobs, best known as the author of Death and Life of American Cities, would have celebrated her 100th birthday this year. A new biography, Becoming Jane Jacobs, by Clemson University professor Peter Laurence purports that the most venerated figure in urban planning today is also among the most underappreciated and misunderstood, even by her staunchest supporters.