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    October

  • 10-20-10

    Get Ready for “Super Gridlock” Following Mid-Term Congressional Elections, Sabato Tells ULI

    Election predictions: not just gridlock, but super gridlock, resulting from 1) what is likely to be a Republican-controlled House of Representatives; 2) a Senate with such a slim majority of either party that it is effectively controlled by neither, and 3) a Democrat president likely to be faced with vetoing legislation that attempts to undo existing Administration initiatives. Read the other predictions of Larry Sabato, director of the University of Virginia’s Center for Politics.

  • 10-20-10

    “There Were Many Keys to This Bomb and We Held One”: ULI Chairman Jeremy Newsum on Real Estate’s Missteps, Opportunities for Future

    The real estate industry must accept its “proper share of the blame” in the series of missteps leading to the global economic recession and the housing and commercial property decline, according to ULI chairman Jeremy Newsum. “There were many keys to this bomb and we held one,” he said at ULI’s 2010 Fall Meeting. Read what Newsum said are the role of real estate in the downturn, and the repositioning necessary for companies to survive the remainder of the fallout and be poised for growth.

  • 10-20-10

    Federal Officials Describe Impact of 2009 Stimulus Bill

    The 2009 “stimulus bill,” the American Recovery and Reinvestment Act (Recovery Act), has stabilized the economy, created jobs, and spurred investment in green infrastructure and energy efficiency, according to Obama Administration officials who spoke at ULI’s 2010 Fall Meeting on October 14. Read how the “largest investment in energy infrastructure in history” was spent and about an analysis done for Vice President Biden.

  • 10-20-10

    New Sustainable Water Paradigm

    “Plants and bacteria work for free; people and machines do not,” Anthony Sease, Director of Business Development at Natural Systems Utilities, pointed out at ULI’s 2010 Fall Meeting session, “Elevating Green Building to the New Sustainable Water Paradigm.” Read what else Sease and the other panelists had to say about how the new water paradigm should look and what can be done to achieve it.

  • 10-19-10

    New Melting Pot and Sunbelt States Reflect Trends in Immigration, Domestic Migration That Will Change Urban Growth

    Two of the major demographic groups reshaping how America is growing are immigrants, who are radically changing the ethnic composition of the United States, and baby boomers, who are delaying retirement and staying active as they age. The result: new “Melting Pot” and “Sunbelt” states that will reap the economic benefits. So says William H. Frey, senior fellow at the Brookings Institution. Read how the patterns of immigration and migration have changed since the last census.

  • 10-19-10

    Continued Federal Assistance Necessary to Jumpstart The Economy: D’andrea Tyson Tells ULI Members

    D’Andrea Tyson, a member of President Obama’s Economic Recovery Advisory Board, discussed efforts to boost the recovery’s slow pace during ULI’s 2010 Fall Meeting in Washington. According to D’Andrea Tyson, given the severity of the recession and the resulting excess capacity in most businesses, slow job growth can be expected for some time. Read about the three areas she outlined as areas of focus for the board to move toward recovery and stability.

  • 10-19-10

    Leading in Uncertain Times

    Three of four CEOs of prominent U.S. and global real estate companies reconvened at ULI’s 2010 Fall Meeting to discuss how, in light of the past two years and the worst real estate market downturn in memory, their companies were affected by the volatility of the recent market, what they see for the future market, and the underlying economy. The ensuing discussion highlighted some differences among these leaders’ strategies and offered some valuable advice.

  • 10-19-10

    Sourcing Equity in Today’s Environment

    Current investment strategies of three major companies were the topic of this session, as the panel discussed the location, property types and financing structures of recent deals. There was also some general discussion about moving away from the ‘buy low-sell high’ approach towards participating in the various debt and equity capital stocks as a way to invest in projects. What development opportunities are the leading companies pursuing now?

  • 10-19-10

    Bill Marriott Sees Big Growth, Especially Overseas

    The hotel sector is coming back slowly in the United States, led by business travelers, but the majority of the growth in the full-service hotel market is overseas, said Bill Marriott, Chairman and Chief Executive Officer, Marriott International at ULI’s Fall Meeting. Marriott described how his firm is adapting to changing market conditions and shared his views on U.S. policies affecting the business community. Read a summary of the key topics he touched on.

  • 10-18-10

    Factoid: Dodd-Frank Act Ignites Necessary Job Creation…At the Regulators

    New laws and regulations empower regulatory agencies, requiring significant addition to both staffs and budgets. Some reported “growth” numbers; please don’t read our syntax as being critical of Dodd-Frank as real, enforceable regulation is required. Read about the potential job creation of Dodd-Frank.