Some commercial real estate owners face rising costs due to climate risk

Industry CPPI data suggests that property prices may be at—or near—bottom. The three major indexes from MSCI Real Assets, CoStar, and Green Street all showed an increase in CPPI in August. After rising 1.6 percent in August, Green Street’s recently released Commercial Property Price Index remained unchanged in September. Green Street’s all-property index—a measure of pricing for institutional-quality properties—is up 3.3 percent year-to-date through September.

A $3.6 billion commitment to create or preserve 35,000-plus affordable homes

Can third spaces help downtowns bounce back from the pandemic?

The winners of the ULI Americas Awards for Excellence become finalists for the 2024 ULI Global Awards for Excellence, competing against projects from the Europe and Asia Pacific regions. The awards are open to projects and programs in the ULI Americas region that are substantially complete, financially viable, and in stable operation. The program evaluates submissions on overall excellence, including achievements in marketplace acceptance, design, planning, technology, amenities, economic impact, management, community engagement, innovation, and sustainability, among others.

How urban planners are turning public places into vibrant centers for living, working, learning, and socializing.

Northern Mexico has experienced a significant expansion in the Mexican industrial real estate sector since its major decline from the late 1990s to the early 2000s, due, in part, to low-cost production in China. During the pandemic, that trend began to shift.

Las Vegas is unlike any other place in America. Each year it draws more than 40 million visitors to the dazzling casinos and hotels that “turn night into daytime”—and transform the city into a glittering jewel in the desert. With 164,000 hotel rooms, Las Vegas is the largest hospitality market in the U.S.—outpacing Orlando, Florida, the next biggest market, by approximately 15 percent, according to JLL.

Amblebrook, an innovative retirement community in the historic setting of Gettysburg, Pennsylvania, was specifically designed to remedy this social disease. It shatters the mold of the conventional 55-plus community.

10 projects model ways to prepare the built environment for climate stresses and shocks

It’s no secret that insurance costs for commercial real estate have been rising significantly for many property owners across Europe, which, in turn, affects net operating incomes for many of them. Many factors are at play to explain the surge in higher premiums, including expensive and scarce reinsurance, inflation, and regulatory restrictions.

A recent ULI member–exclusive webinar titled “Climate Risk & Insurance: Is the global real estate sector entering an insurability crisis?” addressed the rising cost of property insurance premiums, impacts on commercial real estate, and strategies for protecting long-term profitability.

For more than a decade, ULI has partnered with ReConnect Rondo, a community-led effort to repair and restore a once-thriving neighborhood of middle-class Black families in St. Paul, Minnesota. At its peak, Rondo was home to more than 80 percent of the city’s African American population. In the late 1950s and 1960s, however, Rondo was devastated by the construction of I-94. The highway destroyed 700 homes and 300 businesses—totaling $250 million dollars of unrealized home equity.

In an era when the demand for attainable housing continues to outpace supply, sustainable workforce housing is a necessary and prudent investment decision based on three key market trends. Primarily, the demand for attainable housing is growing. Workforce rental housing is increasingly sought after, particularly given dwindling affordability and growing barriers to home ownership. Last but not least, generational demand contributes to the rise of sustainable multifamily housing.

Retaining a spiritual identity while serving up a mix of uses to the greater neighborhood