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Part 2: The Cities:From 2000 to 2010, the U.S. senior population grew 20 percent, but this growth has not been evenly distributed around the country. And given the uncertain economy, future trends are hard to predict.

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Last week surprised both analysts and investors, as it lacked the volatility in the capital markets that many had expected to occur as the sequestration enacted as part of the Budget Control Act of 2011 approached.

Super-senior CMBS bonds are currently trading in the range of 72 basis points over ten-year interest rate swaps; half of what they were a year ago. According to ULI Senior Fellow Stephen Blank, spreads have narrowed to the point that securitized lenders are giving conventional, portfolio lenders a run for their money.

The Trepp LLC survey showed spreads widening 10 to 15 basis points during the survey period as the markets languish, waiting for clarity. A week ago, it was who would win the Greek election; now that the austerity party has won, the markets are holding their collective breaths waiting to see what will actually happen.

The ULI Real Estate Consensus Forecast, issued biannually, which surveys 46 economists and analysts, predicts strong demand and value for real estate for the next three years. According to panelists on a ULI members–only webinar, real estate continues to offer strong relative value compared with other investments, and fundamental demand is also quite strong.

It seems that everyone in the commercial real estate (CRE) industry is attempting to retool their operations to launch a fund in anticipation of the much-anticipated CRE bust and resulting flood of distressed supply supposedly just over the horizon. But it often is those individuals pitching their new fund—created to capitalize on distressed deals—who in the next sentence say “there are just no deals out there.” Should this raise a red flag?

Rising interest rates have not derailed a steady pipeline of merger and acquisition activity in commercial real estate—at least not yet. The sector has seen a number of mega-mergers announced this year but not well above the historical average.

U.S. suburbs are changing in cities such as Denver, where new transit lines and placemaking efforts around walkable mixed-use neighborhoods are creating communities more similar to the urban core, said speakers at a ULI Colorado event.

While the various segments of the Greater Boston commercial real estate industry grapple with how to return to operations safely as the global pandemic persists, the region’s life science sector continues to thrive. Acquisition, development, and leasing of laboratory properties remain robust in Boston and Cambridge as well as in the submarkets, according to a panel of life science property owners recently assembled for a ULI Boston webinar.