Property Types
Hotels and Resorts
The Sea Pines Resort in South Carolina, which received the ULI Heritage Award in 1995, has influenced planned communities and the way projects work to balance nature and development
Six members of ULI’s Recreational Development Council discuss what is affecting their market, including the prospects for the resort and vacation home industry in an uncertain economy, the mind-set of potential buyers, the changing nature of second-home products, and strategies for navigating the challenges ahead.
With hotel performance wavering nationwide and new FDIC regulations setting strict capital requirements for lenders, developers are having trouble locating funding for proposed projects.
Industrial
The April/May Federal Reserve senior loan officer opinion survey notes that both credit standards and loan terms to commercial and industrial (C & I) borrowers continued to ease with the percentage of domestic banks tightening C & I lending standards continuing to moderate (with fewer banks reporting tightening standards). Are commercial banks showing an increasing willingness to extend credit to both small and large business and household borrowers?
The FTSE/NAREIT Equity REIT (real estate investment trust) Index was up 5.11 percent in April, up 13.00 percent through April 30th, and pays a 3.29 percent dividend, too. All 13 property sector sub-indices were positive in April, ranging from the leaders—office/industrial (+7.38 percent), regional malls (+7.15 percent), and diversified (+6.91 percent)—to the laggards—industrial (+2.13 percent), timber (+2.29 percent), and freestanding retail (+2.95 percent). Read about the year-to-date basis leaders and laggards.
The expectation for the merged ProLogis and AMB is that the combined customer relationships, land banks, and financial resources will give it a leg up on a lot of its competition as it endeavors to expand its building portfolio. Read how analysts expect the firms’ respective geographic footprints to complement each other.
Mixed-Use
A father/daughter development team is transforming an office park into a downtown for the city of Doral in the Miami suburbs.
A central courtyard—and a mix of unit sizes—create community on a small site.
A developer uses suburban retail experience to craft a dense, mixed-use community in the heart of Portland’s Central Eastside.
Multifamily
Innovative technology platforms already are helping many owners operate apartment buildings more efficiently and improve services for tenants. But experts say that is just the start of a revolution that could transform the multifamily segment.
A member of ULI Los Angeles shares how his company is harnessing creativity and a lot of hard work to build attainable housing that is within reach of most renters.
Repurposing commercial properties into multifamily housing is growing more common across a variety of real estate markets and can provide a critical source of housing where shortages persist, according to a new report from ULI and the National Multifamily Housing Council Research Foundation.
Office
The economic recovery in Washington, D.C., continued through the close of the third quarter of 2021. Office leasing activity is ongoing, though at a slower pace than years past, while asking rents are rising (up 2.1 percent from 2020 according to Newmark). The overall D.C. vacancy rate is just over 18 percent, according to CBRE.
This morning in Chicago’s South Loop, ULI members were treated to a tour of two historic and iconic buildings that have recently undergone major redevelopment and renovation: The Willis Tower and the Old Post Office.
At the 2021 ULI Fall Meeting in Chicago, attendees will have the chance to tour two new office towers and hear from their development teams about the measures taken to adapt to the new circumstances.
Residental
Housing affordability has become one of the most talked-about land use issues in virtually every major urban center in North America. Less focus has been directed to the lack of affordable housing options in small towns and rural areas, despite a significant need that spans the demographic spectrum.
Addressing the lack of affordable housing for the middle class is one of the biggest opportunities—and sources of frustration—for homebuilders, according to a panel of industry executives speaking during the 2018 ULI Fall Meeting in Boston.
The city of Dallas’s first-ever comprehensive housing policy is drawing significant interest from real estate professionals, but building affordable housing in one of the nation’s most income-segregated cities remains a significant challenge. A group of housing experts gathered in September to discuss the policy and affordable housing opportunities at an event hosted by ULI North Texas.


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.