Emerging Trends in Real Estate® Global Outlook 2023 sets out global real estate sector leaders’ expectations for the year ahead. According to global industry leaders, the economic outlook for real estate contains major areas of uncertainty driven by ongoing increases in interest rates and lack of debt and equity capital available, resulting in low liquidity, concerns about refinancing of existing loans, and a ‘wait and see’ mode across the industry. The report also introduces growing interest among survey respondents in carbon pricing.
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The Urban Land Institute is deeply saddened at the recent passing of trailblazing architect and ULI Life Trustee Gene Kohn. Gene was a pioneer in the architecture community. As a generous supporter of the Institute, the ULI Foundation, and through the numerous leadership roles during his 40-year tenure, Gene dedicated a significant part of his professional services to developing the next generation of design talent and architects. His firm, KPF, also recently donated $1 million to endow the annual A. Eugene Kohn/KPF Fellowship, which will fund research on low-carbon design and other activities as part of the ULI Randall Lewis Center for Sustainability in Real Estate. Gene’s long-lasting contributions to the world of commercial architecture remain unprecedented.
Learn more about Gene’s legacy and contributions to ULI here.
The Urban Land Institute investigated the feasibility of repurposing commercial real estate into multifamily housing by conducting interviews with developers of almost 30 projects. The resulting report, Behind the Facade, examines the financial and physical challenges of the conversion process and profiles 24 successful commercial-to-multifamily conversion projects. By categorizing the projects, the report offers insights into developer motivations, expectations, and results, as well as a practical understanding of the distinct physical undertaking of the actual conversion.
New research details how updating zoning regulations can create more livable and equitable places by increasing housing attainability, reducing carbon emissions, promoting social equity, and improving community health. When done right, these updates also hold potential to streamline the development process and expand opportunity for small-scale developers. Explore case studies across the United States highlighting cities and towns that are already aligning policies around key livability and equity goals.
Read the report on Knowledge Finder.
Whether you are looking to make new connections within your local market or seeking the latest industry insights to stay ahead in the field, ULI has resources for you at any stage in your journey. Invest in yourself by joining our network of 45,000-plus professionals committed to shaping the future of the built environment for generations to come. Become a member today.
Successful Retail: How 14 Shopping Centers Are Thriving Today provides valuable insights into the current state of the retail industry and how retail property owners, investors, and cities can best navigate a crowded and increasingly complex retail environment. The report reflects on the success of 14 project profiles to determine what lessons can be learned from these outperformers to help owners improve either retail centers or plan better ones.