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

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.

St. Louis, long known as the Gateway to the West, is rapidly becoming the gateway to the region’s future. Diverse communities have begun working together to make the city a major hub for cutting-edge innovations in aerospace, agriculture, finance, transportation, biosciences, entertainment, and much more. The St. Louis Economic Development Partnership is dedicated to finding economic development partners who can help companies thrive in greater St. Louis, regardless of their size, and at the same time help those companies to deliver new opportunities into under resourced neighborhoods.

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.

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.

Fort Lauderdale, Florida, is experiencing increased flooding of local streets, even without major rain events or high winds, and residents are demanding answers. While many are calling on the city to elevate certain streets above the floodplain, ULI experts caution this is the least desirable solution because it can have severe negative consequences on nearby homes and businesses.

Within days of the fires, the three institutions formed a Rebuild Advisory Committee. The Project Recovery report, produced by about 100 leading experts in land use, urban planning, and economic development, offers in-depth technical analysis and actionable recommendations to accelerate recovery and build long-term resilience in communities.

ULI Europe is calling for innovators from across the built environment and technology to submit groundbreaking solutions to tackle the dual crises of housing affordability and decarbonization of the built environment, in the ULI PropTech Innovation Challenge (PIC) 2025.

The ULI Atlanta District Council has announced its expansion of programming with the creation of a satellite in Savannah, Georgia. ULI Savannah will locally support the Institute’s global mission of shaping the future of the built environment for transformative impact in communities worldwide.

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.