Five real estate industry leaders have been added to the ULI Global Board of Directors, serving terms that began July 1. In addition, 26 industry luminaries and leading ULI members have been added to the roster of ULI’s Governing Trustees, who provide leadership in member advancement of the Institute’s mission.

Important tax credits were preserved in the new federal tax law, but lower corporate rates shrink their value.

A sea change is taking place in the way companies use office space design, amenities, and location to attract the most talented employees to their firms. Speaking at a ULI Boston event in May, panelists said that while lease flexibility is key to attracting desirable tenants, so is the user experience of the building itself.

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.

E-commerce has brought industrial into the 21st century, said panelists at the ULI Spring Meeting, and technology has become more sophisticated in today’s industrial offerings. More important, industrial developers are constructing product that provides flexibility for tenant users, with more container parking storage and additional car parking if the tenant is an e-commerce user.

Like many areas of the United States, California is facing a housing affordability crisis in its most populous area, and the San Francisco Bay area is ground zero, with sky-high rents and housing prices. To help address the issue, ULI San Francisco created the Housing the Bay initiative in early 2017. Through research, events, and workshops, the initiative aims to explore the underlying causes of the Bay Area’s high housing costs and inadequate housing supply and propose solutions.

In February, ULI South Florida/Caribbean gathered a panel of researchers, real estate developers, and economic development agencies at the new Arts & Entertainment District—the latest neighborhood to emerge as a cultural destination for city residents.

E-commerce’s explosive growth, an emphasis on speeding up supply chain fulfillment, and robust leasing demand among traditional warehouse users are dramatically influencing the industrial property market. Several quarters of healthy absorption and strong rent growth across most U.S. markets not only have turned the cavernous boxes into commercial real estate darlings, but also are driving a warehouse construction boom that is churning out larger buildings designed to enhance rapid delivery.

Commercial real estate investors are keeping calm and carrying on, even though they are uncertain about what is coming next for fundamental elements affecting their business, such as the federal tax code and interest rate policy. “It makes it difficult to plan. . . . You don’t know what the federal budget is going to be. You don’t know what the Federal Reserve is going to be,” said Bowen H. “Buzz” McCoy, who participated in the 24th annual ULI/McCoy Symposium on Real Estate Finance, held in December in New York City.

How can the public and private sectors work together to encourage more development around public transportation networks?