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Experts discuss what creative professionals look for in cities, how municipalities and developers can create environments that are likely to draw creative individuals and industries, how to address housing affordability challenges in these areas, and other trends.

U.S. multifamily rents increased in May for the third month in a row, according to Yardi Matrix’s monthly survey of 121 markets, but the rate of growth continues to decelerate. On a year-over-year basis, U.S. monthly rents were up 1.5 percent nationwide in May. The year-over-year growth rate has decreased for 13 straight months since peaking at 5.4 percent in April 2016.

ULI’s Spring Meeting in Seattlewas one of the best Spring Meetings I have attended, with a recordbreaking turnout (4,000-plus members and guests) and far-betterthan-expected registration and sponsorship revenues. In addition to the meeting’s outstanding financial outcome, the speaker lineup was extraordinary, including former Vice President Joe Biden, Alaska Airlines chief executive officer Bradley Tilden, and The Boys in the Boat author Daniel James Brown, whose inspirational messages individuals and as an organization to new levels of excellence.

ULI has long supported and promoted sustainable development that conserves energy, land, and other natural resources. Our leadership in sustainability has never been driven by government regulations or policies. It has always been a market-driven, value-creating response to the changing environment, and nothing will change that. The forces that have shaped the institutionalization of sustainability and its wide adoption are not going away. In fact, they are going to become stronger and more prevalent in the years ahead.

Speaking at a recent ULI Belgium event, ULI senior resident fellow Tom Murphy said that intentionality made the Pittsburgh transformation possible after the decades-long collapse of the U.S. steel industry.

The city’s efforts to adapt to digital technologies and their revolutionary impact on consumer behavior and real estate business practices are highlighted in a new report from ULI U.K.

ULI Mainland China’s 2014 Winter Meeting was the culmination of ULI’s deeper engagement with the real estate sector and planning officials within Mainland China.

Twenty-three of the world’s foremost real estate industry leaders have been elected to serve as new ULI governing trustees for terms that began on July 1, 2017. The governing trustees, who frame ULI’s broad direction and agenda, provide leadership in member advancement of the Institute’s mission. The addition of the 23 elected governing trustees brings the total number of elected ULI governing trustees to 139.

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.

Small-scale manufacturers, members of the so-called “maker movement,” are taking over and re-purposing aging commercial properties, injecting new energy and life into urban industrial neighborhoods.