The latest ULI Real Estate Economic Forecast is predicting more positive momentum ahead for both the economy and the commercial real estate industry through 2019. That being said, the pace of growth is slowing and the survey of 48 economists and analysts clearly reveals some lowering of expectations.Read More
National rents have barely moved through the entire peak rental season and into September, according to data from Yardi Matrix, marking the longest period of stagnation in recent history—four consecutive months. Coming in at $1,354 for the month of September, the average rent is only 2.2 percent higher than this time last year.Read More
According to a new report from CBRE, investment in the U.S. data center sector reached record levels in the first half of 2017. First half of 2017 investment totaled $18.2 billion, more than double that for all of 2016 (inclusive of all single asset, portfolio and entity-level/M&A transactions). At this pace, investment in the data center sector is on track to surpass the total for the three previous years combined.Read More
The lack of affordable housing for the growing senior population in the United States is a looming crisis and deserves more attention and resources from both the private sector and government, according to a leading advocate for aging issues. But affordable senior housing can become a platform for integrating services for low-income seniors and be an economic driver in communities by more efficiently delivering health care and other long-term support.Read More
Backing sympathetic elected officials, focusing on the human impacts of the housing shortage, and mobilizing nonvocal supporters for new projects are all effective ways to overcome NIMBY-ism over affordable housing projects, a panel of advocates said during the ULI Housing Opportunity 2017 Conference in New Orleans.
Lowell, Massachusetts, received a major boost in ongoing efforts to transform into a center of innovation when Kronos—a homegrown Massachusetts workforce management software and services company—decided to relocate its global headquarters, taking a half-million square feet (46,500 sq m) close to the city’s revitalized downtown.
More investors are warming up to the notion that mixed-income development can also be a relatively low-risk venture that offers a stable rate of return.
Venture capitalists are jumping into the growing market for technology-based solutions for the affordable housing issues that communities around the globe are facing.
State governments, in partnership with cities and other local jurisdictions, can and should do more to promote housing development and choice through smarter local land use policies and incentives, according to a new ULI report.
A new report from CBRE highlights that the two categories occupying the most space in U.S. malls—department stores at 48.7 percent of gross leasable area, and apparel, accessories, and shoes at 29.4 percent—also posted relatively tepid retail-sales growth from 2011 to 2016. In contrast, categories with stronger retail-sales growth, such as health care, still account for relatively little occupancy of U.S. malls