New Developments

New Developments

Recent Articles

  • How CRE Can Prepare to Meet New York City’s Local Law 97

    November 23, 2022

    Moody’s Analytics CRE analyzed the potential financial impact of New York City’s Climate Mobilization Act The resulting research paper draws on New York City data on the types of fines likely to be levied, as well as Moody’s own net operating income data from commercial mortgage–backed securities properties, to estimate fines for property owners who take no mitigating measures to reduce energy usage.

  • Investing in Livable Communities: ULI Advises on the Future of Charlotte’s LYNX Silver Line

    November 23, 2022

    The Charlotte Area Transit System sought a ULI Advisory Services panel to advise on how plans for a Silver Line light rail in the next stage of transit development could help the city thrive and continue to grow sustainably.

  • Governor Shares Vision for a More Livable Bangkok at ULI REImagine

    November 21, 2022

    Boosting livability is at the heart of Bangkok’s ambitions to thrive and develop as a global city, governor Chadchart Sittipunt said in a dynamic presentation to ULI Asia Pacific’s REImagine conference. The governor explained that livability was the Thai capital city’s target because it is key to attracting and keeping global talent.

  • “Responsible Capitalism’, Climate Change, and “Space as a Service” Will Shape Real Estate for Next 20 Years, Say Europe’s Industry Leaders

    November 18, 2022

    Europe’s real estate leaders have set out a long-term vision for the industry. In this scenario the most successful firms have adopted “responsible capitalism,” the user is the center of attention, the cycle of demolition and development has been broken, mixed-use is the norm and multi-disciplinary and in-house teams deliver “space as a service” across a range of sectors, according to Emerging Trends in Real Estate® Europe 2023, the 20th annual survey of European real estate sector leaders’ expectations by ULI and PwC.

  • Developers See New Opportunities in Industrial and Logistics Across Southeast Asia

    November 18, 2022

    A confluence of economic and geopolitical trends is changing global supply chains and driving increased demand for industrial and logistics real estate in Southeast Asia, according to industry leaders at ULI Asia Pacific’s REImagine conference.

  • Pent-Up Demand for ESG Investments Presents Opportunities, Challenges for Real Estate Industry

    November 18, 2022

    A new survey by PwC identified an exponential increase in the asset and wealth management industry’s desire for environmental, social, and governance–oriented (ESG) investments: in the United States alone, assets under management are projected to double from $4.5 trillion in 2021 to $10.5 trillion in 2026. At the same time, asset managers report being challenged to create enough new funds to keep up with the demand, giving an edge to real estate firms with strong sustainability programs. 

  • Haven Realty Capital, J.P. Morgan Launch $415 Million Joint Venture Focused on Build to Rent

    November 17, 2022

    Haven Realty Capital and institutional investors advised by J.P. Morgan Global Alternatives have formed a programmatic joint venture to acquire and develop more than $1 billion in new build-to-rent communities throughout the United States. The joint venture comes at a time when new for-sale housing starts have fallen to a two-year low.

  • Too Little, but Not Yet Too Late: At COP 27, Real Estate Leaders Say Industry Is Making Progress but Must Accelerate

    November 14, 2022

    Leaders of the commercial real estate industry attending COP 27, the United Nations climate conference being held this year in Sharm El-Sheikh, Egypt, said a variety of challenges and opportunities lie ahead in the industry’s drive toward sustainability.

  • Wegmans Grocer Anchors $715 Million City Ridge Mixed-Use Redevelopment in Washington, D.C.

    November 14, 2022

    City Ridge will include 160,000 square feet (14,800 sq m) of office space; retail and restaurant space; and 690 rental apartments, including 56 affordable units.

  • Connie Moore Named ULI Life Trustee

    November 14, 2022

    Longtime ULI trustee Connie Moore has been named a ULI Life Trustee by the ULI Global Nominations Committee. Life Trustee nominees are recommended to the Global Board of Directors and approved by the Global Governing Trustees.

  • How Fairstead is Creating a Sustainable Future for Affordable Housing 

    November 11, 2022

    Sponsored Post: Fairstead has launched Fairstead Ventures, a $100 million venture capital initiative, designed to invest in and deploy innovative startups focused on decarbonization, energy and water conservation, and sustainability.

  • Nature Positive and Net Zero: Four Scales of Action for Ecological Real Estate

    November 10, 2022

    Stakeholders across the real estate value chain are increasingly recognizing that the climate crisis and biodiversity loss are deeply interlinked, and one issue cannot be solved without addressing the other. However, solutions are ready and available for real estate to implement today, according to a new report out of ULI’s Greenprint Center for Building Performance: Nature Positive and Net Zero: The Ecology of Real Estate, sponsored by Jacobs.

  • Borrowers Feeling the Pinch from Shifting Capital Markets for Commercial Real Estate

    November 9, 2022

    Developers and investors seeking capital to finance commercial real estate are facing a new reality in which capital is both more expensive and less available. Borrowers still have options, but those options depend on the credit quality and type of deal, as well as what that borrower is looking for in that loan.

  • Jonathan Greeley, Amazon’s New England Problem Solver, Shares Advice on Building a Successful Career with Boston Young Leaders

    November 7, 2022

    Jonathan Greeley, New England economic development lead , for Amazon, admits he didn’t have it all figured out when he graduated from St. Anselm College. Greeley recently shared tips on what he’s learned with Young Leaders from ULI Boston/New England.

  • Forecasters Downgrade Prospects for U.S. Real Estate Sector and Economy

    November 7, 2022

    Real estate economists offered a less optimistic forecast of the near-term U.S. real estate and economic environment compared with six months ago, downgrading predictions for a wide range of economic, capital market, and real estate variables. Some of the biggest changes to forecasts included 2023 gross domestic product, job growth, and private real estate returns, according to the Fall 2022 ULI Real Estate Economic Forecast.

  • Ten Years After Superstorm Sandy, Focus on Climate Change Forecasting Is Mainstream

    November 7, 2022

    The strategy to address climate change’s impact on real estate development and deals went from being a “nice to have” to a “must have,” said sustainability leaders speaking at the 2022 ULI Fall Meeting in Dallas.

  • First Street Foundation Debuts Climate Risk Analysis Tool Informed by ULI Members

    November 4, 2022

    ULI has been establishing dialogue between real estate professionals and climate risk data analytics firms that can help advance the interests of both parties. Enhanced collaboration and understanding between these two sides should continue to improve this evolving space, potentially improving both financial and climate-risk outcomes. As part of these efforts, ULI collaborated with First Street Foundation, a research and technology nonprofit with expertise in assessing physical climate risk at the property level in the United States.

  • Commitment to Health and Equity in the Built Environment

    November 3, 2022

    As built environment professionals, our decisions and actions have significant impacts on the lives of others. In recognition of our responsibility to support conditions that improve the health, environmental quality, economic vitality, and social equity of communities, a subset of ULI members, under the auspices of the ULI Health Leaders Network, has generated a position statement—“Commitment to Health and Equity in the Built Environment”—to affirm health and equity as core values of our work.

  • The Willis Tower’s $670 Million Makeover

    November 2, 2022

    Undermanaged and underinvested for years, the newly unveiled, amenity-rich Chicago redevelopment appears prescient.

  • Two North Dallas Suburbs Evolving Past Bedroom Communities

    November 1, 2022

    Growth pours north out of Dallas, the city nicknamed “the Big D,” and one result has been a boom in the suburb of Frisco, which earned the title of the nation’s fastest-growing city of the 2010s, according to the U.S. Census Bureau. Frisco’s growth has spread to nearby Celina, which has grown 10x since 2010.

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