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Although deals are still getting done, it is a tough market to find capital to fund acquisitions and development, and the need to deleverage maturing loans in a higher rate environment is fueling concerns about rising commercial real estate loan stress. That challenging market is evident in slumping transaction activity.

Frequently cited as one of America’s best airports, Portland International Airport (PDX) will unveil its ZGF-designed, expanded main terminal in August, with completion set for 2025. Instead of building an entirely new airport, much of PDX’s existing infrastructure was reused.

The Pullman Historic District in Chicago has been declared a national monument by President Obama, who returned to his hometown on February 19 to deliver the announcement. ULI Chicago members as well as state and local officials hailed the designation as a turning point for the site, home to the long-shuttered Pullman Palace Car Company.

The Commercial Mortgage Alert Trepp weekly survey of 15 active portfolio lenders trended higher with average spreads up 8 basis points (0.08 percent) between September 3rd and September 17th. During the period, 10-year Treasury bond yields declined 14 basis points, with average all-in cost equal to equal to 4.89 percent.

ULI MEMBER–ONLY CONTENT: Speaking at the 2021 ULI Fall Meeting, panelists discussed recent transactions in the office sector and which segments had performed the best.

Against a background of estimates of roughly $60 billion in issuance in 2013, the commercial mortgage-backed securities market will get its first test of the year when a $1.4 billion offering comes to market this week.

Sites in Portland, Oregon, and Seattle, Washington, are home to a painful and complicated history that many neighborhoods in rapidly growing regions are familiar with. To combat the region’s history of racially biased land use and transportation decisions, ULI Northwest joined forces with local leaders to reimagine two sites: one in Tukwila, near Seattle, and the other on the edge of Portland, Oregon.

The Commercial Mortgage Alert Trepp weekly survey of 15 active portfolio lenders came in a little during the week with all-in costs remaining in the 5.00+/- percent range.

Philanthropist Annabelle Chauncy operates two schools in Uganda and in 2015 received the Medal of the Order of Australia for the charity she founded, School for Life. As she shared with attendees of a recent ULI Australia event in Sydney, the project had its fair share of obstacles.

Downtown urban office and mixed-use markets are “hot,” but so are some suburban markets—including the iconic Silicon Valley. At the ULI Spring Meeting in Houston, a panel moderated by AECOM senior vice president Stephen Engblom explored regional responses to market demands outside traditional downtown markets.