Search

The latest survey of U.S. real estate economists shows continued declines in expected economic and real estate growth rates. Compared with six months ago, real estate economists have reduced their expectations about economic growth, interest rates, commercial mortgage–backed securities (CMBS) issuance, housing starts, and private real estate returns. One area of greater optimism is the industrial sector, with forecasts of lower availability and higher rents and returns.

Atlanta Tech Village owns and occupies a 100,000-square-foot (92,903 sq m) building that was built in 1985 in Atlanta’s Buckhead submarket. Ownership’s goals were increasing member (tenant) comfort, lowering operating expenses, and maximizing decarbonization opportunities.

The U.S. economy did very well in 2024, said Barbara Denham, lead economist for Oxford Economics, and the forecast for the coming year is more of the same—both in New York City and across North America. However, in presenting Oxford’s favorable economic forecast for 2025 at a ULI New York event last month, Denham also noted many caveats ahead of the incoming U.S. administration.

Boasting an enviable quality of life, strong in-migration, and a vibrant economy powered by technology, aerospace, and other industries, the Pacific Northwest remains one of the America’s real estate sweet spots.

Thirteen outstanding real estate development projects have been selected as winners of the 2020 ULI Asia Pacific Awards for Excellence. The winners, each of which demonstrates a comprehensive level of quality and a forward-looking approach to development and design, include four projects in China, two in Hong Kong, two in Australia, two in Singapore, and one each in India, Japan, and New Zealand.

The evolution of “smart” cities is about solving specific problems more than sweeping urban transformation, panelists emphasized during the 2017 ULI Spring Meeting. Targeted programs with clear benefits are defining smart cities, not the widespread embrace of new technology, they said. In Seattle, “smart” means expanding the network of low-cost sensors, which is allowing for adaptive traffic signals and detailed weather mapping that can track microclimates and rain surges.

Florida’s resilience continues to be a huge and growing priority as existing buildings age and growth across the state remains steady, according to panelists at the 2022 ULI Florida Meeting in Miami. Strategic decisions and plans focused on strength and resiliency are helping mitigate real estate from wind and flooding damage, and serving as lessons to other, more mature communities planning a more resilient future.

In St. Paul, Minnesota, the 386 Wabasha Avenue building was originally erected in 1971 and occupied by service company Ecolab for more than 40 years.

Ten years after the terrorist attacks of 9/11, lower Manhattan has become one of the fastest-growing residential neighborhoods in New York City with a population that has more than doubled—to 56,000—over the last decade, reports the Alliance for Downtown New York, Inc. Read more to learn about the new residential and office projects that stand as a testament to this neighborhood’s comeback.

The quality of infrastructure systems—including transportation, utilities, and telecommunications—is the most important factor influencing real estate investment and development decisions in cities around the world, according to a survey of public sector and private sector leaders conducted by the Urban Land Institute and EY.