Property Types
Hotels and Resorts
At a 2014 ULI Spring Meeting panel in Vancouver, three successful resort developers discussed how they are achieving success by focusing on health, wellness, and activities that bring together family members across all generations—even ex-spouses.
The redevelopment of the historic Metropole building represents the first full-service hotel to open in downtown Cincinnati in 28 years.
Perhaps nothing illustrates the precipitous fall of the U.S. resort sector as the saga that put a quartet of household-name properties under the control of a sovereign wealth fund.
Industrial
Who would have thought that the revitalization of Detroit would include high-end watch manufacturing and the revival of a century-old shoe polish brand?
E-commerce has been the fastest-growing segment of the retail market for the last four years and can be expected to be a large share of the market for the next 15 to 20 years. Fulfillment centers have become the new face of industrial warehouse development, according to panelists at the ULI Fall Meeting in Chicago.
Resources that drove the old industrial economy—a central location and access to power—plus available industrial space, give Chicago an edge in the data center business.
Mixed-Use
Seeking innovative ways to accommodate Toronto’s growing population, developers across the city are launching “mega-mixed-use” projects that are redefining urban living for generations to come.
A Seattle developer pioneers a flexible process to bring live/work/make/eat/shop uses to a superblock site on Portland’s inner urban fringe.
In 2017, the New York–based Northwood Investors spent $1.2 billion to purchase Ballantyne Corporate Park, a highly successful office property in Charlotte—the single-largest real estate transaction in North Carolina’s history at the time.
Multifamily
Surge: Coastal Resilience and Real Estate, a ULI research report, documents the challenges associated with coastal hazards such as sea level rise, coastal storms, flooding, erosion, and subsidence, and provides best practices for real estate and land use professionals, as well as public officials, to address them.
Northern Mexico has experienced a significant expansion in the Mexican industrial real estate sector since its major decline from the late 1990s to the early 2000s, due, in part, to low-cost production in China. During the pandemic, that trend began to shift.
Amblebrook, an innovative retirement community in the historic setting of Gettysburg, Pennsylvania, was specifically designed to remedy this social disease. It shatters the mold of the conventional 55-plus community.
Office
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.
What does it take to secure debt in today’s challenging commercial real estate environment? It all boils down to experience, relationships, and a lot of creativity. That’s according to an expert panel speaking this morning at ULI’s spring meeting at the New York Hilton Midtown. The panel is the first in a series of three, which will include Raising Equity (10 a.m. Wednesday) and Borrowers’ Experiences—Recent Success Stories (10 a.m. Thursday).
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.
Residental
Out of the rising tides of climate change have emerged nimble projects that embrace rising floodwaters and shifts in thinking about design and construction, according to panelists at the 2020 ULI Housing Opportunity Conference in Miami.
With the population of older residents fast outpacing the supply of units designed for them, panelists at the 2020 ULI Housing Opportunity Conference in Miami shared how devolopers are working to address the misperceptions, changing financial considerations, and design trends for the sector.
Since 2014, the United States has averaged 300,000 more household formations per year than residential permits issued. While the number of residential construction workers has increased to meet the need, more housing is still needed. If the United States could return to pre-2006 ratio of 2.1 new residential permits for every residential construction worker, there would be almost 400,000 additional housing permits per year, all without adding a single new employee.
Retail
Consumers have kept a steady foot on the gas this year. A record-high 197 million consumers shopped in stores or online over the Thanksgiving holiday weekend, according to the National Retail Federation (NRF). The NRF forecasts that holiday sales will grow between 2.5 percent and 3.5 percent, with total retail spending in the United States falling between $979.5 billion and $989 billion during November and December. That forecast also is consistent with NRF’s annual U.S. sales growth—between 2.5 percent and 3.5 percent—for 2024.
After a quiet first half of 2024, CMBS originations increased 59 percent in Q3 on a year-over-year basis, according to the Mortgage Bankers Association’s Quarterly Survey.
The National Retail Federation’s Hot 25 Retailers ranks the nation’s fastest-growing retail companies. Rankings are determined by increases in domestic sales between 2022 and 2023; all retail companies with global sales in excess of $2 billion, and key format leaders were eligible.