On Thursday, CREW DC, AAREP DC, and ULI Washington delivered the third and final program in a series intended to demystify valuations and provide practical insights on negotiating equity and debt.

RXR CEO and Chairman Scott Rechler, in a recent ULI members-only webinar with ULI Foundation Chair Faron A. Hill, described the challenges and opportunities ahead as an epic, unavoidable storm. “That hurricane … eventually, it’s going to hit land,” Rechler warned. “The question is when it hits, how hard it hits, and where it hits the hardest.”

The final day of the 2024 ULI Asia Pacific summit in Tokyo featured a capital markets panel with leaders from both European and North American funds, who shared their insights into the region’s real estate markets—and how those markets stack up against their global counterparts.

ULI San Francisco recently hosted a panel revisiting the recommendations made by ULI Advisory Servies panelists to revive the downtown and highlighting the progress that has been made.

1933 postal distribution center made over for indoor/outdoor office and Manhattan’s largest rooftop park

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.

Supertall creates a “palpable energy” that speaks to New York’s resilience and the future of cities

A new wave of mid-career commercial real estate entrepreneurs is capitalizing on what some call “once-in-a-generation” opportunities to invest in distressed or otherwise discounted properties in today’s market—especially in the office sector. Nationwide, there’s been an uptick in new investment firms started by development and investment professionals with 10–25 years of industry experience—some of whom left major firms to do so. These firms aim to buy cheap offices and reposition them through leasing, capital improvements, or conversions to apartments.

Milan’s Olympic Village is being built now in preparation for the Milan Cortina 2026 Winter Olympics and Paralympics. Developers and designers have high hopes for the complex’s third act as a hyper-sustainable, 1,700-bed student housing project and anchor for a new city park.

Industry pressures abound to decarbonize existing buildings, and some geographies and asset classes make it more challenging than others. This is particularly the case for tall buildings in cold climates keen on decarbonizing their heating system as part of a larger retrofit plan. What technologies are best for the retrofit? How do owners make the projects pencil out financially? Has anyone done these projects before, or do owners face first-mover risks?

In today’s real estate industry, developing and retrofitting buildings to be more sustainable and energy efficient is more important than ever. The urgency to decarbonize is being driven by local, federal, and global commitments to drastically cut energy use and reach net zero emissions.

Clients are looking to landscape architects to increase resilience to climate impacts faster—and address biodiversity loss

The former head of the European Commission told ULI real estate leaders that global tensions will continue to shape their day-to-day decisions.

From the Institute’s iconic Emerging Trends in Real Estate® United States and Canada 2024—to in-depth reporting on distressed debt and opportunities, the rise of industrial outdoor storage, and the “YIGBY” movement (“Yes, In God’s Backyard”), this ranked list reflects Urban Land magazine readers’ top choices for the first half of the year.

Making infill development easier, adding a state role to local land-use controls, and connecting housing with transit were some of the top trends in housing policy that emerged on May 9 at the 2024 ULI/Charles H. Shaw Forum on Urban Community Issues. The forum topic, “State and Local Innovations to Expand Housing Opportunities,” reflected something that many communities around the United States are grappling with: dire housing shortages.