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Brett Widness

Brett Widness is the managing editor of Urban Land. Previously, he worked in online editorial at the Washington Post, AARP, and AOL, now part of Yahoo!

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Development and Construction
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News
In Brief: New U.S. Apartments Are Getting Smaller and More Expensive
According to data from Yardi Matrix, the average size of a new U.S. apartment has shrunk 5 percent over the last 10 years, while the average price has risen 28 percent. The average floor plan of a new apartment measures 941 square feet (87.4 sq m), but that is still larger than the overall average of 882 square feet (82 sq m).
December 3, 2018
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Brett Widness
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Economy, Market & Trends
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News
In Brief: Dodge Momentum Index Declines in October
The Dodge Momentum Index moved 4.2 percent lower in October to 150.5 (2000=100) from the revised September reading of 157.0. The index is a monthly measure of the initial report for North American nonresidential building projects in planning, published by analytics and workflow provider for the construction industry Dodge Data & Analytics, which has been shown to lead construction spending for nonresidential buildings by a full year. October’s decline was the third-consecutive monthly decline.
November 26, 2018
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Brett Widness
Economy, Market & Trends
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News
In Brief: Costs Rising but U.S. Office Vacancy Stable in Third Quarter
The overall availability rate for U.S. office space was unchanged as of the end of the third quarter of 2018, remaining at 18.1 percent, according to the latest Savills Studley Report: National Office Sector from commercial services firm Savills Studley. San Francisco remains the tightest market in the country, with an availability rate of 9 percent, followed by Boston/Suffolk County, 9.7 percent; New York City, 11.6 percent; and Austin, 12.8 percent.
November 13, 2018
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Brett Widness
Economy, Market & Trends
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News
In Brief: U.S. Construction Starts in 2019 to Hold Steady with 2018
The 2019 Dodge Construction Outlook predicts that total U.S. construction starts for 2019 will be $808 billion, staying essentially even with the $807 billion estimated for 2018, according to industry data provider Dodge Data & Analytics.
October 31, 2018
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Brett Widness
Resilience and Sustainability
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News
ULI Member Perspective: Buffalo Bayou and Resilience in Houston (Video)
How can a park protect a city from extreme flooding? Houston’s 160-acre (65 ha) Buffalo Bayou Park demonstrated resilience during Hurricane Harvey, surviving the storm with minimal damage and providing critical green infrastructure to the city during the peak event. In this video, learn about the park’s design and development firsthand from members of ULI’s Houston district council.
October 12, 2018
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Brett Widness
Economy, Market & Trends
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News
In Brief: Six Midyear Trends in the U.S. Hotel Sector
According to research by Marcus & Millichap, the accelerating U.S. economy, supported by strong employment growth and rising confidence levels, bodes well for continued hotel property performance. Elevated consumer and business confidence levels will likely buoy room demand through the remainder of the year, keeping occupancy at a record high and supporting growth in revenue per available room.
September 24, 2018
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Brett Widness
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Capital Markets and Finance
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News
In Brief: Singapore Retakes Lead as Asia’s Largest Outbound Investor, Says CBRE
Asian outbound capital deployment remains robust amid a recent slowdown of Chinese outbound real estate investment. In the first half of 2018, outbound investment activity totaled US$25.3 billion, led by Singaporean capital, which accounted for 36 percent of the region’s total, according to recent data compiled by CBRE.
September 17, 2018
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Brett Widness
Philanthropic Impact
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News
Video: Social Psychologist and Author Amy Cuddy to Speak at ULI Fall Meeting
Social psychologist and bestselling author Amy Cuddy will give a keynote at the 2018 ULI Fall Meeting. Cuddy is an expert on the behavioral science of power, presence, and prejudice. Cuddy, who teaches leadership at Harvard, earned her PhD from Princeton University and has served on the faculties of Harvard Business School and Northwestern University. Her book Presence: Bringing Your Boldest Self to Your Biggest Challengesis a bestseller and has been published in 30 languages.
September 10, 2018
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Brett Widness
Market Trends
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Real Estate Trends
In Brief: Investors Say Coworking Space Well Positioned for Potential Downturn
According to a new report from Cushman & Wakefield, flexibile office space could triple in size in the coming years, representing 5 to 10 percent of office inventory in many markets. Investors also believe coworking is well positioned to weather an economic downturn.
September 7, 2018
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Brett Widness
Economy, Market & Trends
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News
In Brief: U.S. Data Center Leasing on Pace for Record Year, Says CBRE
Demand from growing cloud-computing providers has set the U.S. data center market on pace to break 2017’s record leasing activity, according to CBRE’s latest U.S. Data Center Trends Report. Northern Virginia and Phoenix are also seeing significant new construction to meet demand.
August 31, 2018
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Brett Widness
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