IMG_2913_1024.gif

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!

The top two markets for the multifamily sector from last year trade places for 2018, according to Marcus & Millichap’s 2018 Multifamily North American Investment Forecast. Driven by robust employment in the tech sector and soaring home prices that keep rental demand ahead of elevated deliveries, Seattle-Tacoma ranks first on the chart. The metro area outperforms last year’s leader, Los Angeles, which slid one spot.
The North American tower crane tally is holding relatively steady as of the first half of 2018, according to the Rider Levett Bucknall Crane Index. A total of 383 cranes were counted in January 2018, up two from July 2017, a 0.5 percent increase.
According to a recent report from RCLCO, home sales at America’s 50 top-selling master-planned communities surpassed the 2016 totals by more than 17 percent last year. The Villages in Central Florida’s 2,231 sales puts them in the top spot again, while California’s Irvine Ranch, with sales of 1,814, comes in at second place, followed by Florida’s Lakewood Ranch, with 1,206 total sales.
As we close the books on the year, we wanted to look back on the topics that resonated with the readers of Urban LandOnline in the past year. Here are the top five most popular articles from 2017.
Hong Kong has surpassed London’s West End as the world’s most expensive office market, according to new research from Cushman & Wakefield. Using proprietary data, the report ranks occupancy costs per workstation as well as workplace densities for newly developed or refurbished office space globally. At a global level, the average annual cost per workstation rose by 1.5 percent over the past 12 months.
In response to growing interest in the Institute’s product councils, ULI is expanding the program, adding five brand-new councils and five new flights of existing councils in 2018. Two of the new council chairs share what makes the council experience unique and what makes a good candidate to join a council.
Soaring rents have seen London’s New Bond Street rise to become the world’s third most expensive retail street, according to a report by Cushman & Wakefield. The annual Main Streets Across The Worldreport, now in its 29th edition, tracks 451 of the top retail streets around the globe and ranks the most expensive in 68 countries by prime rental value using proprietary data.
ULI Toronto and PwC hosted a trends event to present the latest findings for Toronto and the rest of the Canadian market, including a keynote by Andrew Warren, director of real estate research for PwC.
Clare DeBriere is former chief operating officer and executive vice president of The Ratkovich Company. In 2017, she founded neighborhood development firm C+C Ventures and is the current chair of ULI Los Angeles. In this video, DeBriere talks about what she loves about the energy and creativity that’s found in Los Angeles, and how ULI brings together the best practitioners in every field of land use.
Framing lumber prices could be approaching the highs of the housing bubble by next spring, according to data from the National Association of Home Builders. Random Lengths prices are up 22 percent from a year ago, and CME futures are up about 19 percent year-over-year.
Members Sign In
Don’t have an account yet? Sign up for a ULI guest account.