Capital Markets and Finance
Armed with a determination to help provide resources and address the racial wealth gap, Latresa McLawhorn Ryan walks the talk. Now the former founding executive director and first employee at the Atlanta Wealth Building Initiative is embarking on a new venture as founder of Atlanta-based Blackbird Strategy Group. Here she shares insights on using real estate to close the racial wealth gap and advance economic security for Black and brown communities.
Over the last two years, the total value of deals remained largely stable, with approximately $25 billion for about 2,300 transactions in multifamily and $15 billion for about 1,500 transactions in the office sector. However, examining individual cities reveal distinct patterns in behavior.
A ULI report says, in a post-pandemic retail world, location is indeed an important driver of success—arguably the key driver—but it is not the be-all and end-all.
For years, Canada has been an attractive place to invest in real estate, thanks to rising rents, valuations, and returns, as well as Canada’s stability and immigration trends. But as in the United States, the Canadian real estate industry was hit hard in 2022 by factors including inflation, resulting in significant disruption. Nevertheless, as in the United States, industry experts say the long-term picture remains positive due to strong fundamental underpinnings.
Thanks to one of the largest public/private partnerships ever assembled in California, Orange County now boasts cutting-edge, energy-efficient government buildings.
Rising interest rates have scrambled the plans of many real estate investors and finance leaders. No one knows how much more interest rates will rise, how much property prices will fall, or whether the U.S. economy will dive into a recession, experience a mild downturn, or even continue to grow. Industry leaders discussed this and more at the 29th ULI/McCoy Symposium on Real Estate Finance, a gathering of real estate leaders held in December.
In a capital markets panel at the 2022 ULI Florida Meeting in Miami, top real estate investment leaders shared insights on investing in today’s uncertain environment and more specifically, in Florida. The prevailing takeaway seemed to boil down to an investor’s risk tolerance in uncertain times.
Although opinions vary on whether the U.S. Federal Reserve Board can successfully manage a “soft landing,” many in the commercial real estate industry are bracing for a U.S. recession in 2023.
The 17th edition of the Emerging Trends in Real Estate® Asia Pacific, the regional real estate forecast jointly published by ULI and PwC, highlights a downtick in investor sentiment due to concerns over the rising cost of debt, higher inflation, and a looming global recession. A dip in regional transaction volumes is apparent, with the third-quarter deal count in the Asia Pacific falling 38 percent year-on-year to US$32.6 billion, recording the lowest third-quarter volumes for a decade in the region.
A new survey by PwC identified an exponential increase in the asset and wealth management industry’s desire for environmental, social, and governance–oriented (ESG) investments: in the United States alone, assets under management are projected to more than double from $4.5 trillion in 2021 to $10.5 trillion in 2026. At the same time, asset managers report being challenged to create enough new funds to keep up with the demand, giving an edge to real estate firms with strong sustainability programs.