<b>Equitable Development</b>
A glut of liquidity in local capital markets is making life difficult for domestic and foreign investors alike.
With more than $3.6 billion in investment taking place in its downtown alone, Indianapolis has been on the radar of many out-of-state investors. At a recent ULI Indiana event, panelists described the investment appeal of secondary cities.
While investment volumes in commercial real estate in Hong Kong were up strongly last year, flagship office buildings and prime development sites are beyond the reach of all but a handful of players. For most investors, more interesting opportunities lie in other, less-visible parts of the market. Rather than waiting for (and possibly missing) the next correction, investors who are willing to roll up their sleeves may find opportunities away from the spotlight.
JLL’s head of research for Asia Pacific chats with the chairman of Global Logistic Properties—and outgoing ULI Asia Pacific chairman.
Detroit’s bankruptcy marked a turn in the fate of the city. Along with the economic downfall came rare opportunities for investment, creation, and collaboration.
Could ownership of 250- to 400-square-foot (23 to 37 sq m) homes help low-income people acquire an asset and begin to accrue wealth? Panelists at the 2018 ULI Spring Meeting said it is certainly an idea worth trying.
Detroit’s metropolitan area is slowly growing again, which means it’s time to focus on planning to accommodate more people in an area already light on transit infrastructure. For a place long known as Motor City, it has been an uphill battle to become a transit-oriented community, but what can the region do with its existing infrastructure in the short term?
The emergence of female industry leaders taking on greater responsibility across Michigan is inspiring more young women to consider careers in commercial real estate.
The new ULI Real Estate Economic Forecast is taking a more bullish view on the U.S. economy—at least for the remainder of this year. As compared with the fall survey, key indicators such as gross domestic product (GDP) growth, jobs, and the Consumer Property Price Index (CPPI) all trended higher. But that boost may be short lived with growth tapering in 2019 and 2020.
An expansive sports and entertainment district—with new residential space—is helping revitalize downtown Detroit.