Former vice president Joseph R. Biden Jr. sounded an optimistic note in his address to ULI Spring Meeting attendees in Seattle, showing some of the populist spirit that earned him the nickname “Uncle in Chief.”
ULI has selected Kevin Brass as the recipient of the 2017 ULI Apgar Urban Land award, which recognizes industry articles of practical value published in Urban Land magazine, the Institute’s flagship publication. Brass was selected for three articles published in 2016: “Before It Runs Off,” which appeared in the May/June issue; “Drawing People In,” published in the January/February issue; and “Rerouting the Trinity River,” published in the September/October issue.
Affordable and workforce housing policies and initiatives put in place by the governments of Washington, D.C.; Boston; Denver; and New York City have been selected as finalists for the 2017 ULI Larson Housing Policy Leadership Award
While its sustainable qualities are attracting developers and architects, so are the speed and cost-efficiency with which mass-timber buildings can be delivered to market, noted an expert panel at the recent ULI Washington Real Estate Trends conference, sometimes shaving 30 to 90 days off a construction schedule.
The growing involvement of the real estate industry in helping municipalities manage stormwater runoff with systems using natural resources is explored in a new ULI publication, Harvesting the Value of Water.
Hong Kong remained the world’s highest-priced office market last year, according to CBRE Group’s latest survey. Four of the top five fastest-growing markets for prime office rent were in Europe, with Stockholm, Berlin, and Dublin joining Belfast on the list.
According to JLL’s 2017 Banking Outlook, increased use of mobile banking could decrease the need for traditional bank branches by 20 percent in the next five years, although some underserved markets are still seeing new construction.
Real estate investment trusts that specialize in the multifamily sector, particularly those with an exposure to the high-end sector in New York City, continue to struggle in the face of new construction. Plus, interest rate survey data from Trepp.
Most migrants to Europe are clustering in cities, a new study finds, compounding the challenge of rising rents with encouraging integration of new residents and preserving a healthy socioeconomic environment. The new ULI report, Mass Migration and Real Estate in European Cities, was released at ULI Germany’s Urban Leader Summit.
The latest issue of the magazine is now available for download through the Urban Land app. The cover package for this issue is titled “Smart Cities: Prototypes for the way we will live.” Other topics include “Spring Meeting City: Focus on Seattle,” “Investment: Public Private Partnerships” and “Economy: Canada and Pacific Northwest.”