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.Read More
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.Read More
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.Read More
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.Read More
Niche neighborhoods and economic diversity are driving forces behind the strong showing of this year’s top ten U.S. cities, according to Emerging Trends in Real Estate® 2017, released by ULI and PwC.
In a Fall Meeting presentation, developer John McNellis offered attendees tips on the risks and rewards of working with financial partners versus tapping one’s own bank account.
As ULI opened its 2017 Fall Meeting in Los Angeles, Robert Lowe, chairman and founder of Lowe Enterprises and the conference’s cochair, told attendees that the Los Angeles of today is much different than the L.A. that hosted ULI six years ago.
The enormous mixed-use development on Los Angeles’s Westside is a tech and media hub. After decades of debate and false starts, Playa Vista is now home to more than 10,000 people.
The Wilshire Grand Center, which officially opened in June, soars 73 stories, making it, at 1,099 feet (335 m), the tallest building west of Chicago. The tower’s curvilinear silhouette and crown have dramatically altered the city skyline.
When it opened more than 100 years ago, Lorton Reformatory in Virginia was anything but an ordinary prison. It was only fitting that when it came time to adapt and reuse the historic property after the prison closed, it also required creativity.