Our last issue of the calendar year always takes a look forward. The Emerging Trends in Real Estate® 2016 report, of course, calls attention to what ULI members expect in coming years. We summarize the results of the U.S. and Canada survey in this issue; those for the Asia Pacific region and Europe will be covered in our next issue.

This issue also continues our examination of how technology will reshape the places where we live and work.

Technological change was a big focus of the ULI Fall Meeting in San Francisco. It may not be the individual technologies that will be so impressive in coming years; we all have grown accustomed to our phones and other electronic gear becoming passé in just a year or two. What is fascinating is how change may build upon itself and how clever users will employ the new technologies to suit their own ends, creating new realities that no one ever dreamed of. In this issue, we bring you the best thinkers from the Fall Meeting, who speculate on how things might evolve—and how these changes will be coming at an ever faster rate.

Urban Land magazine also is looking to the future. At the Fall Meeting, we launched our search for the 2016 class of 40 Under 40. Members of the premiere class of 40 Under 40, who were profiled in this magazine one year ago, represented the best young professionals across all the real estate disciplines—and from all the countries where ULI is active and growing. Nominees must be under age 40 on June 1, 2016, but they do not have to be members of ULI. Only ULI members, however, are eligible to nominate candidates, and a jury of ULI members will choose the 40 brightest prospects early next summer.

The new class of 40 will be celebrated at the 2016 ULI Fall Meeting in Dallas in October and will be profiled in next year’s November/December issue. Please make sure the brightest candidates in your company—or your field—are considered for this honor! Go to 40under40.uli.org to make your nominations.

Finally, I would like to thank Field Paoli Architects for hosting this year’s Urban Land reception at the firm’s offices in downtown San Francisco. We had a great crowd of Urban Land supporters, writers, sponsors, and ULI award winners celebrating the year that has come to pass—and looking forward to learning about nominees for the new class of 40 Under 40.

My colleagues and I wish you a holiday season filled with friendship and family, and a prosperous new year.

Elizabeth Razzi
Editor in Chief