The third and final capital markets panel held during ULI’s Spring Meeting, in New York City in early March, focused on borrower experiences. Kyle Bolden, senior audit partner in the Real Estate Hospitality & Construction practice of Ernst & Young, moderated a panel on raising equity amid ongoing market uncertainty. The panelists were Brian Mutchler, managing director of Harrison Street; Jerome Nichols, president of Standard Real Estate Investments; and Jeff Rosen, a principal of Mag Partners.

Eight years ago, the landmark Paris Agreement kicked off a worldwide campaign to reduce carbon emissions. The targets set were big: slash emissions by 45 percent by 2030 and be net zero by 2050. So far, the world is not making enough progress on those lofty goals, and the progress that has been made has been very unevenly distributed. Experts from major real estate firms, including Boston Properties, CBRE, and Community Preservation Corporation, drove home the net zero transition’s importance during a panel discussion at the 2024 ULI Spring Meeting in New York City. They talked about the costs of getting to net zero, what lenders and owners are doing to get there, and the risk of not addressing climate change.

Women in leadership roles was the theme of a discussion during the 2024 ULI Spring Meeting in New York City. Kelly Nagel, who was recently named Head of Residential at EDENS, an owner and operator of mixed-use properties nationwide, hosted a fireside chat with Nancy Lashine, founder and managing partner at Park Madison Partners, a New York-based boutique advisory and capital-raising firm.

Real estate developers across the United States and around the world are under pressure to cut the amount of carbon their activities put into the atmosphere.

In a general session at the 2024 ULI Spring Meeting, former U.S. Secretary of State Hillary Rodham Clinton spoke with Ralph Rosenberg, a partner and global head of real estate with KKR. Clinton, who now teaches at Columbia University, focused her remarks on what she said are the three major conflicts affecting the global economy.

Experts say the real estate market in our cities is responding to the dramatic changes caused by COVID with a “flight to quality.” This headline suggests optimism that a safe harbor still exists out there as does the fear that we all need to act fast and run (for our lives) before things get bad. It reflects a winnowing to the essential characteristics that can ensure the best overall return and insulate us from the changing winds in the economy.

The Manhattan office market is beginning to make a comeback, but much has changed since the start of the COVID-19 pandemic. The persistence of hybrid and remote work have changed the equation for commercial rentals, both in terms of landlord-tenant relationships and the quality of office product on offer.

Nationwide, the urgent need for more affordable housing has become crystal clear. The United States is grappling with a housing crisis, and building affordable housing has become increasingly difficult. Developers face high construction costs, ongoing supply chain issues, and skyrocketing prices for land, especially in some of the country’s largest cities. Even when a project comes together and gets financing, the process to obtain permitting, gain city approvals, and actually construct a project can take years.

City is actively working to make its neighborhoods safer and more resilient to extreme rain events

One of New York City’s busiest corridors is set for one of its biggest transformations in years. The area around Manhattan’s Penn Station has long been considered a sore spot for the city, as top-tier retail stores moved to more flourishing areas and local buildings became outdated. But now, with a billion-dollar plan by a New York state agency underway to revitalize public transit infrastructure in and around Penn Station, there is serious momentum for the Midtown neighborhood, which has stalled in growth as surrounding neighborhoods have evolved.