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  • 2010 ended on a strong note with all-in 10-year mortgage spreads in 5.25%+/- range which should have proved attractive to all but the most jaded investors. But as they say, it’s still “early days” and few lenders have announced plans and targets for 2011.
  • New research sponsored by UDR Inc. and published by ULI shows that 26 percent of gen Yers currently own homes and virtually all expect to own a home eventually.
  • The Trepp survey for the week ending November 28, 2014, showed spreads relatively unchanged over the past 30 days, with the average spread declining 1 basis point. During the period, borrowers benefited from a 12-basis-point decline in the yield on ten-year Treasury notes. The implied all-in cost of 3.6 percent is 104—repeat, 104—basis points lower than it was on December 31, 2013.
  • The Real Estate Economic Forecast, produced by the ULI Center for Real Estate Economics and Capital Markets, is based on a survey conducted in April 2023 of 41 economists and analysts at 37 leading real estate organizations. According to the survey, the U.S. economy will slow in 2023 and 2024, with recovery expected to begin in 2025. The real estate market will follow suit, with flat to negative results over the next two years, followed by mostly positive news in 2025.
  • Christopher B. Leinberger, a land use strategist, teacher, developer, researcher and author, balances business realities with social and environmental issues. Mr. Leinberger has four institutional connections: Professor and founding Director at the Graduate Real Estate Development Program at the University of Michigan. The Program is a joint venture of the Ross Business School, law school and the Taubman College of Architecture & Urban Planning, where it is housed. Please refer to www.tcaup.umich.edu/realestate. Visiting Fellow at the Brookings Institution in Washington, DC. He focuses on research, strategy and management of “walkable urban” places. Please refer to www.brookings.edu/walkableurbanism. Founding partner of Arcadia Land Company, a New Urbanism/transit-oriented development and consulting firm dedicated to land stewardship and building a sense of community. His partners are Robert Davis, the developer of Seaside, Florida, and Joe Duckworth, who has run two Builder 100 home building companies and was the National Home Builder of the Year in 1992. The firm has active developments in the Philadelphia metropolitan area, a 5,000 housing unit with town center development in Independence, Mo., which is a joint venture with Forest City Enterprises. Arcadia was the managing partner in a catalytic developer for the revitalization of downtown Albuquerque, N.M. Please refer to www.arcadialand.com. President of Locus; Responsible Real Estate Developers and Investors, advocating for the upcoming transportation, climate change and energy bills before Congress. Locus is a partner and member of the executive committee of Transportation for America, a broad coalition of environmental, business, real estate, unions and government bodies. Please refer to www.t4america.org. Mr. Leinberger was voted one of the “Top 100 Urban Thinkers” of all time in a poll conducted by Planetizen, the international urban planning and architecture web site, in 2009 (http://www.planetizen.com/topthinkers). For 21 years, Mr. Leinberger was Managing Director and co-owner of RCLCO (formerly Robert Charles Lesser & Co.), the largest independent real estate advisory firm in the country that today works on over 600 projects a year for developers, corporations and municipalities. Mr. Leinberger has served on the boards of AvalonBay Communities, one of the country’s most respected equity REITs (NYSE), and AMRESCO Capital Trust (NASDAQ real estate mortgage trust). He has been a member of the Urban Land Institute (ULI) for 30 years, serving on the jury of JC Nichols Award for Excellence in Urbanism and in the leadership of the Transit-Oriented Development Council. He has been a member of the Congress of the New Urbanism for 15 years. Mr. Leinberger has also been active on several committees of the National Academy of Sciences, including the creation of the National Biological Survey, sponsored by Secretary of the Interior Bruce Babbitt, and a panel to improve metropolitan governance. He is also on the National Advisory Board of The Conservation Fund and the National Real Estate Leadership Council of Enterprise Community Partners. Mr. Leinberger has written two books and contributed chapters for eight others. His most recent book is The Option of Urbanism, Investing in a New American Dream, published in 2008 by Island Press and released in paperback in 2009. It was selected as one of the top 10 books of 2008 by Planetizen, the urban planning and architecture web site. He is also the author of Strategic Planning for Real Estate Companies, originally published by ULI in 1993, which was revised by his former RCLCO partners and re-published by ULI in 2008 with the Introduction written by him. The next book by Leinberger is about strategy and management of walkable urban places, which will be published by Island Press, in 2011. He has written articles for periodicals, including The Atlantic Monthly, Urban Land, Wall Street Journal, Chicago Tribune, Canada’s National Post and Los Angeles Times, among others. He is often quoted by periodicals such as the New York Times, Washington Post, Wall Street Journal, Newsweek, Business Week, Associated Press, among others. His articles and quotes can be found at www.cleinberger.com. He has been profiled by CNN, Urban Land magazine, Today Show, academic journals, Canadian National Radio, USA Radio, CBS Radio and numerous times by National Public Radio, including Morning Edition, All Things Considered and Marketplace. Mr. Leinberger has given speeches to nearly every major real estate, downtown management and land use organization in the country and many abroad, as well as many chambers of commerce, councils of governments and environmental organizations. He has been a visiting lecturer at the Santa Fe Institute, Harvard University, Swarthmore College, University of Wisconsin, UCLA, University of Pennsylvania, Virginia Tech, University of New Mexico (as an adjunct professor), Rollins College, Simon Frasier University and other institutions of higher education. Mr. Leinberger received a Bachelor of Arts degree from Swarthmore College, where he double majored in Political Science and Urban Sociology, and a MBA from the Harvard Business School. He also attended the Martin Luther King School of Social Change, the Institute of Social Research at the University of Michigan, and was a Coro Foundation Fellow in Public Policy in Los Angeles. Mr. Leinberger lives in the Dupont Circle area of Washington, D.C., with his wife, Lisa.
  • Students are required to complete a minimum of 120 credit hours for their real estate major that includes an accompanying double major or minor related to real estate. Required classes include but are not limited to: Principles of Real Estate, Careers in Real Estate, Professional Development in Real Estate, Applied Real Estate Development, Real Estate Data Analysis, Real Estate Market Analysis, Financing Real Estate Projects, Real Estate Studio, Real Estate Law, and Managing and Leasing Commercial Properties. Other courses available for students to take include Real Estate Appraisal, Building Construction Principles, Real Estate Marketing, Business Writing, and Multifamily Property Management and Operations.
  • Graduate student teams representing Georgia Tech University, Harvard University, the University of Maryland, and the University of Texas at Austin make the final cut.
  • Development professionals from Detroit, Houston, Atlanta, and San Antonio discussed how they reclaimed desolate space with art, parks, and public/private partnerships to revitalize riverfronts and neighborhoods.
  • Like all REITs, prison REITs have been beaten down this year by the prospect of higher interest rates, but they have been further affected by discussion of prison reform and new government regulations. Plus, interest rate survey results from Trepp.
  • Ten developments from across North America have been selected as winners of the 2023 ULI Americas Awards for Excellence. This year, 68 projects and programs from across the Americas region were submitted for the competition.
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