In Brief: CBRE Outlook for 2021 Sees Strength in Industrial, Data Centers, and Multifamily

CBRE has released the 2021 U.S. Real Estate Market Outlook, calling for a strengthened recovery of all U.S. commercial real estate sectors as the broader economy bounces back. The outlook anticipates that sectors like office, retail, and hotels will begin a slow recovery next year.

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Two New ULI Reports Highlight the Need for the Real Estate Industry to Promote Health and Social Equity

Two new reports released by ULI highlight the state of the real estate industry’s adoption of health and social equity practices and the need for the industry to better promote those already in existence. The protests for racial justice that spread throughout the United States and beyond during the summer, along with the ongoing COVID-19 pandemic, have elevated health and social equity as focus areas for real estate practitioners.

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ULI Launches Curtis Infrastructure Initiative, Promoting Solutions in Cities Worldwide

ULI has announced the launch of the Curtis Infrastructure Initiative, a multiyear initiative to identify and promote infrastructure solutions to create equitable, resilient cities and enhance long-term community value. The initiative aims to provide research and practical tools to help ULI members advance infrastructure investment and identify new solutions to local infrastructure issues, as well as directly support member engagement at the local level through the Institute’s 52 district councils.

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Yesterday’s Factories, Today’s Apartments: Multifamily Conversions Reach All-Time High in the United States

Nearly 800 structures were converted to apartment buildings in the 2010s, the highest number in the past seven decades, according to research by data provider Yardi Matrix. Chicago tops the list of U.S. cities with the most adaptive-use apartment buildings, whereas New York City is home to the most converted apartment units in total.

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Recent Articles

  • ULI Forecast Sees Increased Improvement in Outlook for U.S. Economy

    October 26, 2020

    U.S. real estate economists predict generally improved economic and property market news for the rest of 2020, as well as for the following two years, compared with their forecasts of six months ago, according to the fall 2020 ULI Real Estate Economic Forecast.

  • Expanding Opportunities for Multicultural Professionals in Commercial Real Estate

    October 12, 2020

    Project REAP (Real Estate Associate Program), which has been connecting multicultural professionals to the commercial real estate industry for 22 years, is launching its first 100 percent virtual program in collaboration with the Urban Land Institute—the ULI/REAP Fall Academy 2020.

  • Urban Land Reader Poll: Coping with COVID-19

    October 5, 2020

    While the COVID-19 pandemic and ensuing recession have spurred ULI members to act quickly to adjust their business practices, a significant number of respondents to an Urban Land reader poll say they expect the real estate business to do better during this recession than during the Great Recession of 2007–2009. And a majority see opportunities for growth.

  • CEO Perspective: A Very Different Fall Meeting

    October 2, 2020

    ULI Global CEO Ed Walter discusses how the Fall Meeting will proceed in a new virtual format, which promises to provide our members with a world-class experience that we hope will be talked about for many years to come.

  • ULI Greenprint: Commercial Real Estate Leaders on Track to Reduce Carbon Emissions 50 Percent by 2030

    September 30, 2020

    Volume 11 of the Greenprint Performance Report™ measures and tracks the performance of 10,190 properties owned by Greenprint members. It finds that over the past year, carbon emissions have dropped by more than 3 percent, energy consumption by almost 3 percent, and water consumption by more than 3 percent. In 2019, Greenprint members invested over US$50.1 million on sustainability projects ranging from tenant engagement to building envelope upgrades and recommissioning, totaling more than 6,000 individual projects.

  • Highlights of the Upcoming ULI Virtual Fall Meeting

    September 28, 2020

    Registration is open for the 2020 ULI Virtual Fall Meeting, being held October 13–15. An ambitious program is being offered, including tours and networking opportunities that will be facilitated online.

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