How to Thrive in This Decade's Unsettled Markets
October 17, 2012
The publication What’s Next? Getting Ahead of Change explores how individuals, organizations, and communities are striking out in new directions to embrace real estate market realities, leverage new trends, and sustain thriving communities. The report responds to What’s Next? Real Estate in the New Economy, a series of questions posed by ULI at its 2011 Fall Meeting about the next era of urban development and economics.
Getting Ahead of Change synthesizes the lessons learned from the yearlong dialogue spurred by Real Estate in the New Economy. At national and international events held after the first report’s release, ULI found that individual professions, real estate products, and the professional practices of the past may need to be refined or reinvented to embrace a new generation of value creation in five key areas.
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In a video interview, ULI’s senior resident fellow for retail, Maureen L. McAvey, explains how professionals must adapt to new market realities in order to ensure success in the coming decade: