Recent Articles

• ULI Forecast Predicts Continued Modest Growth Ahead through 2021

  October 7, 2019

  The persistent theme over the current economic cycle of “lower for longer” growth has contributed to a record expansion cycle that has surpassed 10 years. Results from ULI’s latest “Real Estate Economic Forecast” show that trend is likely to continue into 2021, said panelists speaking on a webinar discussing the survey results.

• ULI Forecast Says Longest U.S. Economic and Real Estate Expansion to Continue through 2021

  September 30, 2019

  Although real estate economists have tempered their view on economic growth over the past six months, according to the latest ULI survey data, they continue to forecast positive GDP growth, slower but solid job growth, and steady real estate markets and returns through 2021. This is despite the U.S. yield curve inverting (often a harbinger of a recession), an escalation of the U.S.-China trade dispute, and slowing economic growth in Europe, particularly in the United Kingdom and Germany.

• Finding Deals in D.C.: The Acquisitions Process

  September 3, 2019

  Despite record amounts of capital seeking deals, market nuances must be navigated.

• Should Cap Rate Spreads (and Cap Rates) Be This High?

  August 7, 2019

  Interest rates have been on a roller-coaster ride over the last year, but cap rates are largely unchanged. The result of these moves is that cap rate spreads relative to the safe investments in the 10-year U.S. Treasury bonds have moved back to the levels seen in 2017. Given everything that has changed over the last year—as well as everything that has not—there may be room for cap rate spreads to move lower.

• How Brexit and the Market Cycle Are Affecting Investor Sentiment across the United Kingdom

  June 28, 2019

  At the 2019 ULI U.K. National Conference, a panel on the practicalities of real estate investment reflected on the opportunities and challenges, not least in terms of the impact that Brexit is having on investor sentiment, as well as where we are in the market cycle. Multifamily continues to do well, while retail is struggling as in overbuilt markets.

• Looking Both Forward and Backward at China’s Economic Evolution

  June 21, 2019

  Pragmatism and caution have defined China’s 40 years of economic reform, and this steady progress is set to continue, said Shui On Group chairman Vincent Lo speaking at the 2019 ULI Asia Pacific Summit. Lo—who has been investing in China real estate for more than 30 years—said that the nation’s approach can be summed up by the aphorism “cross the river by feeling the stones.”