The Federal Housing Authority (FHA) provided some news the housing industry can be thankful for this holiday season—an increase to loan limits across 3,011 counties. In particular, some of the markets that have faced the most rapid price appreciation over the past few years saw a sizable jump. Seattle saw the largest absolute value increase of $75,000 and a 13 percent change. Other notable year-over-year movers include Salt Lake City (8.4 percent), Minneapolis (7.3 percent), and Denver (7.2 percent).Read More
With e-commerce’s stake in U.S. retail at less than 10 percent, suggestions of a “retail apocalypse” of brick-and-mortar stores is greatly exaggerated, panelists said during a ULI North Texas event on the retail sector. Still, panelists at an event in Dallas said the industry has to find new ways to reinvent itself and connect with customers in order to thrive.Read More
The Washington, D.C., region is shedding its reputation as a stodgy government town and emerging as a forward-thinking mecca for technology firms and young professionals. With eyes on attracting projects such as Amazon’s second headquarters, area landlords, brokers, architects, and economic development organizations are teaming up to ink leases with both high-profile and homegrown tech firms.Read More
Public/private partnerships build a mixed-use, urban-scaled community in Union City, California.Read More
While Japanese cities are often known for large-scale development projects, such as Roppongi Hills or Tokyo Midtown, architects and smaller developers are keen to build on a more human scale. At ULI Japan’s fall conference, which took place in Tokyo in November, two discussion panels considered how the Japanese market will develop over the next two decades.
How can the public and private sectors work together to encourage more development around public transportation networks?
Two out of five chief executive officers fail in the role within their first 18 months and cost, on average, $6 million to $18 million to replace. Yet, nearly 39 percent of companies have zero viable internal candidates for the role. Here are five steps to ensure a smooth transition.
While the $1.5 trillion tax-cut bill passed by the U.S. House of Representatives is widely seen as beneficial for commercial real estate, one provision would eliminate a municipal financing tool that has been essential for housing, infrastructure, and industrial development investment for decades.
In the wake of Hurricane Harvey, development costs—not only up and down the Gulf Coast of Texas but also in areas that escaped the storm’s wrath—are poised to jump as builders grapple with a tighter labor market and higher material costs, according to speakers at a ULI Austin event in October.
Two small-scale developers detailed at ULI’s 2017 Fall Meeting in Los Angeles how the story arc of an imaginative building can be full of drama, setbacks, and plot twists.