Property Types
ULI Property Types provides insights into challenges, opportunities, and innovations specific to each property type, supporting developers, investors, planners, and policymakers in making informed decisions and responding to dynamic market conditions. It organizes and showcases content on the major real estate classifications — including hotels and resorts, industrial, mixed-use, multifamily, office, residential, and retail — to help industry professionals understand how different segments perform and evolve.
Hotels and Resorts
Resort developers and operators took a hit during the recession, but are making a cautious comeback, according to a panel at ULI’s Fall Meeting.
How do you guide the resort and real estate businesses through an erratic economy—and the fickle whims of Mother Nature?
As providers seek to bring care closer to the community, health care campuses may come to include hotels, retail, research facilities, and more.
Industrial
In its transition from an industrial economy to a knowledge-based one, Kendall Square in Cambridge, Massachusetts, has become the most robust innovation-based cluster in the nation—if not the world.
Medical clusters—health and life sciences clusters that include hospitals, universities, research institutions, and life science companies—can be a boon for communities, such as Lake Nona in Florida.
At ULI’s 2011 Fall Meeting in Los Angeles late last month, a panel of experts shared their thoughts on emerging real estate trends, leadership in a global real estate marketplace, and what they see for the future of the real estate industry. Read more to learn why global business strategies and an ever-changing real estate and business marketplace demand a new breed of real estate leaders.
Mixed-Use
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.
In 2018, downtown Fort Lauderdale added just over 1,000 residential units. An additional 3,000 units have already come to market so far in 2019, with more underway. While speakers at ULI Southeast Florida’s “Fort Lauderdale Emerges” event acknowledged the risk of overbuilding, they were also confident that a blockbuster mixed-use project will attract interest for decades to come.
Ten projects create synergy among different uses.
Multifamily
The ULI Terwilliger Center for Housing has announced two winners for this year’s Jack Kemp Excellence in Affordable and Workforce Housing Award, as well as two winners for the Terwilliger Center Award for Innovation in Attainable Housing.
The Institute’s Terwilliger Center for Housing has selected the state of Florida’s ‘Live Local Act’ as the winner of the 2024 ULI Robert C. Larson Housing Policy Leadership Award
As the Fed began a series of rate hikes in 2022, the apartment market went from one of frenzied growth and optimism to a market characterized by decline, be it declining sales volume, declining occupancy, or declining values. As we near year’s end, stability and even positive momentum have begun to take hold, and there is good reason to expect them to carry into 2025 with the return of large, open-ended funds and an improved debt environment.
Office
Tattooed, tanned, and tousled, 48-year-old Stefan Quinn Soloviev looks like an athletic nerd who stepped out of a Mad Max film, but don’t let his appearance fool you. Soloviev is one of the largest landowners in the United States—number 21, according to Landreport.com—with a portfolio that includes some of Manhattan’s most coveted properties.
Last week, the U.S. Securities and Exchange Commission issued new rules requiring public companies to enhance and standardize climate-related disclosures. The rules phase in over time, requiring the largest companies or public investor shares to begin making climate risk disclosures in 2025.
Arizona is at the epicenter of an evolving dynamic that can best be described with a phrase uttered by a panelist at ULI Arizona’s Trends Day 2024—disruption equals opportunity.
Residental
ULI Los Angeles, together with the Los Angeles County Metropolitan Transportation Authority (LA Metro), engaged the UCLA Lewis Center for Regional Policy Studies and the Los Angeles Planning and Land Use Society to study seven half-mile (0.8 km) transit station areas in Los Angeles County in order to determine the positive effects that more development near transit might have on transit ridership, as well as on sustainability, economic development, health, and quality of life in Los Angeles.
Panelists at the recent ULI Housing Opportunity 2019 conference said that while the data paint a bleak picture of America’s housing affordability, the spending priorities of California’s new governor may be a sign of positive policy changes at a more local level.
Recent moves by companies like tech giant Microsoft and health care provider Kaiser Permanente to invest in housing initiatives represent a form of “enlightened self-interest,” said panelists during the recent ULI Housing Opportunity 2019 conference in Newport Beach, California.
Retail
The National Retail Federation predicts a record-breaking 2025 holiday season, with U.S. sales for November and December projected to grow between 3.7 percent and 4.2 percent—pushing total holiday sales past $1 trillion for the first time. Yet there also are signs that consumers are nervous; that mood, plus accounting for inflation, could leave holiday spending relatively flat.
From Dead Mall to Living District: Replacing the “Great Wall of Galleria” with a Connected Urban Core
For decades, civic leaders have tried to revitalize Market Street, San Francisco’s central thoroughfare, only to see their efforts founder. “I sometimes call it the great white whale of San Francisco,” says Eric Tao, managing partner at L37 Development in San Francisco and co-chair of ULI San Francisco. “Every new mayor, every new planning director, every new economic development director has chased that white whale.” This year, however, an international competition of ideas hosted and run by ULI San Francisco, with support from the ULI Foundation, generated fresh momentum for reimagining the boulevard. The competition drew 173 submissions from nine countries and sparked new conversations about the future of downtown San Francisco.