Los Angeles
Alternative, or nonbank, lenders are filling in gaps in the mortgage world where they find them, whether it be the result of increasing capital requirements for banks, consolidation in the banking sector, or a pullback by commercial mortgage–backed securities lenders. Last year alone, the five largest players in the sector collectively funded some $20 billion of interim loans. Plus, interest rate survey data from Trepp.
ULI’s Building Healthy Places Initiative and the Rose Center for Public Leadership are taking a closer look at auto-oriented commercial strips and their potential to activate healthy behaviors in surrounding communities instead of inhibiting them through demonstration corridors in four geographically diverse and growing cities.
Ten remade shopping centers exemplify opportunities for transformation.
In a recent New Yorker article, “Adaptation: How Can Cities Be ‘Climate-Proofed’?,” sociologist Eric Klinenberg points out that much of the discussion around resilience focuses on physical infrastructure, when social infrastructure can play an equally important role in how well a community survives a natural disaster.
As cities become denser, the cost of high-density parking begins to pencil out for developers—which is when the development of parking that automatically stores and retrieves cars becomes attractive.
With a focus on its historic Union Station, Los Angeles is trying to create transit links between downtown and surrounding historic neighborhoods—and invited a ULI advisory services panel to weigh in.
According to Emerging Trends, the real estate report from PWC and ULI presented at a ULI 2011 Fall Meeting press conference in L.A. last week, a handful of urban centers are climbing out of recession and may serve as models for the rest of the country. Washington, D.C., remained the number-one city for the third consecutive year; read more to see how the other cities fared in this year’s survey.
The Avenue, located at one of the most coveted corners in Hollywood’s current renaissance, was developed as a condominium by an affiliate of John Laing Homes, now submerged in Chapter 11 bankruptcy. The seven-story condominium development was 70 percent complete when Laing halted construction. Read how the property is being repositioned and what the developer considers a key to its approach.
U.S. architects are experimenting with designing net-zero-energy buildings—those that produce as much energy as they consume. Developers around the world are building modular housing to speed construction, reduce on-site labor expenses, and lower development costs. Now, an off-site systems building manufacturer has developed the first modular net-zero-energy townhouses as a demonstration project in Oakland, California.
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