The rush to invest in multifamily properties has led to positive outcomes for financing and preserving affordable housing. Private equity funds and other innovative financing tools aimed at preserving affordable housing for those who are working but cost-burdened by rents are highlighted in a new ULI report, “Preserving Multifamily Workforce and Affordable Housing.”
Christopher Choa is the chair of the ULI UK Infrastructure Council and a vice president in AECOM’s London office, where he leads city-scale projects worldwide. In October, the council hosted a daylong conference at London City Hall on driverless cars and their implications for cities and real estate.
Former Mayor of Indianapolis, Bill Hudnut, built a lasting influence on the city by transforming it into a sports capital, energizing downtown through new retail and infrastructure, and serving cities through ULI’s advisory services program.
John Zuccotti, global chairman of Brookfield Asset Management who notably served as New York’s deputy mayor for economic development during the city’s fiscal crisis of the mid-1970s, passed away on November 19 in Brooklyn. He was 78.
The Partnership for a Healthier America is keen to recruit to its network developers of affordable and mixed-income housing, which serve poor individuals and families who often have worse health outcomes than the population at large, including higher rates of obesity, chronic disease, and premature mortality. Among PHA’s list of partners are two active ULI members who see their inclusion in PHA as a way to elevate an issue they care deeply about—using housing as a tool to improve the health among residents and the quality of life in their communities.
ULI NEXT Global cultivates leaders among generation X, the next demographic group that will take over top positions within ULI and real estate after baby boomers retire.
Known for its long planning horizons and long-term capital investments in fixed, physical assets, the real estate industry is now faced with clients whose business strategies and space and leasing requirements are becoming harder to predict and more volatile. This new reality is adding tremendous pressure on an industry that is accustomed to growth that occurs in a linear fashion and dependent on traditional forms of occupancy such as long-term leases, according to a panel of experts on the intersection of real estate and technology held at the ULI 2015 Fall Meeting in San Francisco.
Developed by members, ULI’s Real Estate Entrepreneur Program is cultivating a new generation of small-scale developers who want to transform their neighborhoods and communities, lot by lot and block by block.
