Ten projects take advantage of financial tools that promote environmentally positive development

Neglected yet historic department store remade into a vibrant destination anchored by buzzy health food grocer Erewhon.

At the 2023 ULI Fall Meeting in Los Angeles (L.A.), attendees had the opportunity to tour Hollywood Park in Inglewood California, a 298-acre location of sports, entertainment, parks, retail, and residential space, which includes the famous SoFi Stadium. Hollywood Park, formerly Hollywood Park Racetrack, is currently being converted into a mixed-use master-planned community highlighting the architectural and lifestyle of Southern California

ULI is deeply saddened at the passing of visionary Los Angeles developer and ULI Life Trustee Wayne Ratkovich at the age of 82. In 1977, he founded The Ratkovich Company, a development firm specializing in urban infill and adaptive reuse projects.

The ULI Foundation has announced that Alex J. Rose, executive vice president for Continental Development Corporation, has donated $1 million to support ULI’s Advisory Services program, which offers expertise and technical assistance to communities facing complex land use challenges. This gift is a contribution to the ULI Foundation’s first capital campaign, Our Cities, Our Future, which aims to raise $100 million in support of the Institute’s global mission.

The senior housing occupancy rate increased 0.3 percentage points from 82.9 percent in the fourth quarter of 2022 to 83.2 percent in the first quarter of 2023, according to data from NIC MAP Vision released by the National Investment Center for Seniors Housing & Care. The occupancy rate has increased 5.4 percentage points overall from a pandemic low of 77.8 percent in the second quarter of 2021 but remained 4.0 percentage points below the pre-pandemic high of 87.2 percent in the first quarter of 2020.

Americans are voraciously consuming digital content. The Consumer Technology Association estimates that consumers will spend $151 billion on technology services (the category for video, gaming, audio, and apps) in 2023, marking five consecutive years of growth. Entertainment companies are hurriedly working to meet this demand by ramping up television and film production.

To be successful and sustainable, fighting homelessness in Los Angeles requires crisis intervention on two fronts: First, we must build more permanent housing and much more of it needs to be affordable. Second, we must build more transitional shelter of every type—more quickly and much, much more affordably. But shelter is not enough.

Affordable housing in California has become increasingly difficult to develop in recent years in a state where there is a significant lack of it. Two developers speak to the barriers to development in Southern California.

The ULI/Allen Matkins Capital Markets Roundtable, now in its eighth year, brings together investors, developers, lenders, managers, and intermediaries to share insights and perspectives on the current and future outlook for real estate capital markets. topics discussed included which sectors of the market are strong, which should be avoided; and what the thoughts and strategies of some major players in real estate financing and investing are for the coming year.