Development

CEO Succession Planning: A Collaboration with the Board

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.

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Preserving a Critical Tool for U.S. Public/Private Development

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.

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Tighter Labor Markets, Higher Material Costs Could Follow Hurricane Season

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.

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How Small Commercial Projects Can Become Innovation Hubs

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.

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