Real estate market participants are in the midst of a “Great Reset” when it comes to adjusting views related to pricing, risk, and return expectations in an environment marked by higher interest rates and slower economic growth. The need to align thinking and strategies to fit current market dynamics is one of the key themes in the 2024 Emerging Trends in Real Estateforecast for the United States and Canada.

ULI’s new report shares promising examples of efforts to reconnect communities divided by highway infrastructure.

Many office property owners are heading for the exits amid weaker demand and looming debt maturities, while opportunistic private equity groups are leaning in to capture what could be once-in-a-generation buying opportunities.

“Higher and slower for longer” is one of the major trends highlighted in the newly released Emerging Trends in Real Estate® 2024 report.

An analysis of hundreds of cities indicates that trips to CBDs in large cities (say, ones above 1.5 million residents) have plateaued around 60 percent of their pre-pandemic levels; smaller towns (for example, ones with fewer than 150,000 residents), in contrast, have fully bounced back.

Turning obsolete office buildings into apartments can be complicated and tricky—but daring developers and ingenious architects are showing a way to help solve housing shortages.

Despite challenges, there is momentum in commercial real estate for capital to be raised and invested in underserved communities across the nation, according to a panel of Dallas/Fort Worth developers at the Fall Meeting in Dallas. The primary example they used to illustrate success is the National Juneteenth Museum in Fort Worth.

The Dallas/Fort Worth metro area is rising on powerful growth that will lift it past Chicago to become the third-largest metropolitan statistical area in the nation, experts said during a session at the ULI Fall Meeting in Dallas.

The COVID-19 pandemic made 2021 a historic year for the shipping and logistics industry, as rising e-commerce sent large retailers and general merchandisers scrambling for warehouse space to hold their inventory, supply-chain issues delayed shipments, real estate developers strained to keep up with demand, and local governments struggled to issue permits quickly with employees working from home.

Alternative lenders increased their market share in the commercial real estate debt sector in 2018, panelists said at a ULI North Texas event in March. That trend is likely to continue this year as competition among all types of debt providers heats up capital markets.