Over the last 18 months, commercial real estate loans have been maturing at a torrid rate, in a rapidly evolving marketplace. Although economic growth remains resilient, commercial real estate oversupply, growth in operating expenses, higher leverage, and the cost of debt are creating headwinds for commercial real estate asset values. Moreover, roughly $2 trillion in commercial real estate loans will mature by the end of 2026.

Affordability and low inventory are continuing to create pain points for the housing market. According to newly released data from the National Association of REALTORS (NAR), pending home sales are at their lowest level since the Great Financial Crisis. Existing-home sales for August dropped 4.2 percent from a year ago to a seasonally adjusted annual rate of 3.86 million. Although the Fed has kicked off its rate-cutting cycle with a 50-basis-point reduction at its September 18 meeting, high interest rates are still a big hurdle for homebuyers and housing developers.

The city of Baltimore has approximately 13,000 abandoned houses and 20,000 vacant lots that create health, safety, and financial hazards for nearby properties. Although it might seem simple to fix and flip these homes, the math doesn’t easily compute.

West Main, a 1,030,000-square-foot (95,690 sq m) office, retail, and mixed-use project, is the new home to some of Amazon’s 12,000-person workforce in Bellevue, Washington. The three-building project, designed by Graphite Design Group in collaboration with Compton Design Office for Vulcan Real Estate, is transforming this city neighboring Seattle to the east.

Ten projects showcase clever urban interventions spearheaded by principals under age 50

Renowned U.S. architect opens up about his extraordinary career in China and the U.S.

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

On August 14, ULI New York and the Holcim Foundation hosted a sold-out event on “Decarbonization at Scale,” a topic that has never been more critical for the future of the built environment in North America.

After over two decades of planning, development, and construction, the Residences at Harvard Commons, a mixed-income housing development comprising 45 affordable apartments and 54 market-rate single-family homes, is nearing completion.

As global temperatures rise from accelerating climate change, extreme temperature swings‚ both cold snaps and heat waves‚ are causing increasing damage and disruption. However, extreme cold and storms that bring snow, ice, and freezing rain can receive less focus than warm-weather hazards such as blistering heat and powerful hurricanes.

A few key trends that evolved over the past few years and continue to shape the field of placemaking in 2025 reflect a growing commitment to sustainability, resource efficiency, and the responsible management of urban spaces.

This year, global ULI Greenprint real estate members reported a 6.3 percent year-for-year, like-for-like reduction in absolute carbon emissions. This result marks the second year in a row that members have reported a reduction of more than 6 percent in absolute carbon emissions—a testament to ULI Greenprint members’ leadership in making progress on their sustainability goals. In addition to leading by example, members continue to fund ULI resources that support the broader industry’s decarbonization progress.

Baltimore’s Inner Harbor has long been a symbol of urban revitalization and economic resurgence. In fact, when ULI bestowed its Heritage Award to the site in 2009, it declared the Inner Harbor was “the model for post-industrial waterfront redevelopment around the world.”

Urban Land recently spoke to Mayor Carolyn Goodman about the revival of downtown Las Vegas and what has made change possible.

Divyabahen grew up in Ramapir No Tekro, an area of Ahmedabad in northwest India. Labeled a “slum,” it sits on land formally owned by the city. After getting married, Divyabahen lived with her husband’s family for a short time before they looked for a place of their own. Unable to afford to rent or buy a home, they built a small house on public land along a creek near Divayabahen’s childhood home. They enjoyed living under the large shade trees, with space around them and extended family nearby.