Property Types
Hotels and Resorts
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.
Natural assets, combined with inventive design, help transform a global gateway.
Industrial
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.
The enormous volume of traffic at Los Angeles’s two major ports has made the city America’s trade capital. Over the past few decades, the ports of Los Angeles and Long Beach have propelled southern California’s rise as a regional trade giant. Learn what is fundamentally changing the landscape regarding industrial property, as well as the region’s position as an import-based economy.
One of the top U.S. priorities is the need to address infrastructure challenges. Decades of underfunding and limited investment have rendered diverse systems of transportation, energy, water, logistics, and communication inadequate for sustaining economic growth and serving an expanding population. Read about new financing strategies required to attract infrastructure investment now and in the future.
Mixed-Use
Public/private partnerships build a mixed-use, urban-scaled community in Union City, California.
In 2003, Waterfront Toronto, a tri-government agency, undertook the transformation of 79 acres (32 ha) of provincially owned brownfields in Toronto’s downtown east end. The West Don Lands project was designed through extensive community engagement and collaboration between government and the private sector. The result was an award-winning precinct plan for a pedestrian-focused community—built around parks, with housing for people of all ages, income levels, and abilities; well served by transit, retail, and community amenities; and developed in accordance with stringent sustainability requirements.
The enormous mixed-use development on Los Angeles’s Westside is a tech and media hub. After decades of debate and false starts, Playa Vista is now home to more than 10,000 people.
Multifamily
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
New Yorkers have gotten used to watching the sun set behind the piers and towers of Jersey City, the major metropolis of New Jersey’s so-called Gold Coast. But for many years, Jersey City’s glittering line of luxury apartments and office blocks stopped at the water’s edge. Tucked behind modern high-rises, the rest of the city was a patchwork of charming historic districts, aging apartment buildings, public housing, and contaminated, abandoned industrial sites.
Office
The strain of higher interest rates is creating sleepless nights for some commercial real estate owners and operators these days. On the flip side, there is significant capital eagerly lining up to take advantage of market dislocation.
Many office property owners are heading for the exits amid weaker demand and looming debt maturities, while opportunistic private equity groups are leaning in to capture what could be once-in-a-generation buying opportunities.
Hollywood and the film industry has changed dramatically over the last several decades, especially in recent years with the rise of streaming networks.
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
As aging retail continue to evolve, one increasingly popular trend has been to redesign malls as town centers—recalling a time when such commercial districts were the heart and soul of a community. Mall–to–town center retrofits are emerging throughout the nation, especially in suburban communities, where pedestrian-friendly, mixed-use environments are highly attractive to millennials now raising families.
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.