Reduced revenue from the recession aggravated budget woes. How does real estate figure into cities’ recoveries post-bankruptcy?

Marilee Utter, a longtime ULI trustee, has been named executive vice president of the institute’s district council program, which serves members in the United States, Europe, and Asia. She will be responsible for the overall management, leadership, and delivery of the conceptual and programmatic functions offered by the district councils. Read about the strengths she brings to the job.

From Australia to Canada, from the U.K. to the U.S, see ten examples where cash-strapped city and state governments get new or refurbished parks, libraries, or recreation facilities. Private sector partners get added value such as higher home prices and enhanced foot traffic for retail, entertainment, and dining uses. In some cases, the private sector partner builds and operates justice or transit structures in exchange for development rights.

Today’s land-lease communities are nothing like the mobile home parks of the past. Given the unique characteristics and capabilities of the business model, these communities continue to enjoy a near-universal sellers’ market, even in the current recession. In today’s market, no other investment realty opportunity offers as many self-help measures by which one can increase cash flow and value.