Archives
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10-14-20
Government policies of racial segregation and redlining have had generations-long effects on the health and well-being of urban inhabitants, attendees heard at the ULI Virtual Fall Meeting panel titled “Deconstructing Segregation: Understanding Local History as a Basis for Equitable Development.” Action will be required if we wish to change those outcomes now.
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10-14-20
Housing Industry Finds Unexpected Strength in Certain Products in the Face of COVID-19 and Recession
Despite COVID-19 and the recession, the housing industry is seeing unexpected resilience in certain segments of the market, speakers said at the Housing Trends and Outlook session at the ULI Virtual Fall Meeting.
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10-14-20
The ULI Center for Capital Markets and Real Estate’s latest semiannual consensus forecast of real estate and economic indicators anticipates a 5 percent decline in real gross domestic product (GDP) for this year, with increases of 3.6 percent and 3.2 percent in 2021 and 2022, respectively. The semiannual survey based on the median of the forecasts from 43 economists and analysts at 37 leading real estate organizations completed in late September through early October, also anticipates this year’s unemployment rate to be 8 percent, declining to 6.6 percent in 2021 and 5.5 percent the following year.
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10-14-20
Speaking at the 2020 ULI Virtual Fall Meeting, CNN political analyst and former state representative from South Carolina Bakari Sellers said he has two questions for America in 2020: “How far have we come, and where do we go from here?” Sellers was elected to the lower house of South Carolina’s state legislature in 2006 at the age of 22, defeating a 26-year incumbent and becoming the youngest African American elected U.S. official at the time.
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10-13-20
Predicting Winners, Losers, and Long-Term Changes from the COVID-19 Experience
Prospects for economic recovery may be slow and uneven over the next couple of years, experts said during a State of the Industry panel at the 2020 ULI Virtual Fall Meeting.
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10-13-20
Tech Campuses Pursue the Live/Work/Play Urban Planning Trend
Culture, amenities, and locale are vitally important in drawing in today’s modern workforce, but COVID-19 is throwing a wrench into project planning. ULI Virtual Fall Meeting panelists discussed their projects, the idea of tech campuses, urban planning, and placemaking, comparing approaches and offering lessons learned from their projects.
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10-13-20
Creative City Policies Could Help Retail Survive COVID-19, San Francisco Experts Say
The COVID-19 lockdown imposed by San Francisco in late February devastated the city’s small, independent businesses, and especially its restaurant scene. But creative city policies could help nimble retailers survive, panelists said at the ULI Virtual Fall Meeting session titled “Vibrant Retail Streets in the Age of E-tail and COVID-19: Is It Time for ‘Retail First’ City Policies?”
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10-13-20
Heitman Executives Explain How they Evaluate Climate Risk at Both Asset and Community Levels
Two Heitman executives explained how their firm applies climate risk analysis—at both the asset level and the community level—when evaluating investments. They spoke on a Virtual Fall Meeting panel announcing a new research report, Climate Risk and Real Estate: Emerging Practices for Market Assessment, recently issued by ULI and Heitman.
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10-12-20
Interview: Marnix Galle, Chairman of ULI Europe
At a defining moment, the executive chairman of Belgian developer Immobel addresses how COVID-19 may change society and real estate.
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10-05-20
Urban Land Reader Poll: Coping with COVID-19
While the COVID-19 pandemic and ensuing recession have spurred ULI members to act quickly to adjust their business practices, a significant number of respondents to an Urban Land reader poll say they expect the real estate business to do better during this recession than during the Great Recession of 2007–2009. And a majority see opportunities for growth.