Property Types

Holiday travelers may notice that airport-connected hotels are incorporating more regional touches, from façade to dining. Here are five examples that offer the ultimate luxury, a short walk from guest room to terminal.

The hotel industry in the United States faces complex challenges in 2025, according to Jan Freitag, national director of hospitality analytics for the CoStar Group. During the “State of the U.S. Hotel Industry” presentation at the ULI 2025 Spring Meeting in Denver, Colorado, Freitag highlighted the challenges facing the hotel business amid macroeconomic uncertainty.

Once a sprawling expanse of uncharted land, Las Vegas, Nevada, has evolved into the entertainment capital of the world, a gaming super-hub, and a premier destination for sports. This remarkable transformation didn’t happen overnight; it stemmed from decades of strategic planning, investment, and visionary zoning recommendations.

In 2025, the country’s industrial market is experiencing a rebalancing in the wake of surging demand and record new supply that marked the early pandemic years. New opportunities in fast-growing markets are emerging, and demand drivers are shifting. New space demand will grow the most, especially for small-bay industrial assets, according to a Q3 2025 report from the business advisory and accounting firm Plante Moran.

Birmingham’s Urban Supply hints at what the next chapter of downtown life could look like. Once-quiet brick warehouses are being reimagined into patios, storefronts, and gathering spaces along a new pedestrian alley.

What trends are shaping the future of the industrial sector? Four experts from ULI’s Industrial and Office Park Development Council talk about the industrial submarkets and property types that offer the greatest opportunities, challenges developers face in bringing new projects to market, ways artificial intelligence and emerging technologies are reshaping the sector, tenant priorities, and other key trends.

Denver’s historic train station is being re-created as a multimodal transit center, hotel, and shopping venue. And it is already spurring development in the Mile High City.

Natural assets, combined with inventive design, help transform a global gateway.

Generation Y and Boomers are both challenging assumptions about the primacy of suburban homeownership. More than ever, renters and homebuyers are focusing on a sense of place and amenities rather than on the size of their homes.

Texas markets are meeting a healthy demand for multifamily housing from millennials who are reaching renting age and baby boomers who are downsizing, while attracting investment from around the United States. At a recent conference, speakers said that fundamentals were generally strong with higher cap rates possible in tertiary markets such as Midland-Odessa, Waco, and Lubbock.

Alternative, or nonbank, lenders are filling in gaps in the mortgage world where they find them, whether it be the result of increasing capital requirements for banks, consolidation in the banking sector, or a pullback by commercial mortgage–backed securities lenders. Last year alone, the five largest players in the sector collectively funded some $20 billion of interim loans. Plus, interest rate survey data from Trepp.

U.S. multifamily rents increased in May for the third month in a row, according to Yardi Matrix’s monthly survey of 121 markets, but the rate of growth continues to decelerate. On a year-over-year basis, U.S. monthly rents were up 1.5 percent nationwide in May. The year-over-year growth rate has decreased for 13 straight months since peaking at 5.4 percent in April 2016.

In a survey released in January by the Association of Foreign Investors in Real Estate, Boston ranked third in desirability by foreign investors among U.S. cities (behind New York and Los Angeles). ULI Boston/New England recently hosted a program in which panelists discussed the thought processes of the leadership of the companies and investors who are wagering heavily on the continued success of the region.

Hines is widely known for building glass-and-steel skyscrapers. So, it would seem that the developer is going a bit against the grain in its latest endeavor with a boutique office property in Minneapolis made largely of wood.

Alphabet, Amazon, and Facebook are just a few of the tech giants snapping up space.

Combining the best of urban and suburban living, they will meet the needs of more demographic groups, according to a new ULI report, Demographic Strategies for Real Estate, prepared for ULI’s Terwilliger Center for Housing by John Burns Real Estate Consulting.

The potential and limitations associated with inclusionary zoning, a tool used by a growing number of U.S. cities to encourage or require workforce housing development, are explored in a new ULI report, The Economics of Inclusionary Development.

Newly released data and analysis from several sources illustrate a major obstacle to a fully healthy housing market in the United States: the nation is not building nearly enough new residential units.

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.