Housing Trends Update—January 2013

After several months of positive gains, the price of existing single-family homes shifted slightly downward, , while prices for new single-family homes continue to rise, this according to the January release of the ULI Real Estate Business Barometer­—a monthly online resource that tracks key economic and financial trends, published by the ULI Center for Capital Markets and Real Estate. …
Continue Reading

Site Adjacent To Minneapolis’s New Vikings Stadium Location Selected for 2013 ULI Gerald D. Hines Student Urban Design Competition

A Minneapolis site, adjacent to the location of the proposed new Minnesota Vikings Stadium in Downtown East, has been selected as the site for this year’s Urban Land Institute (ULI) Gerald D. Hines Student Urban Design Competition. The ideas competition, open to graduate-level students, will provide multidisciplinary teams the opportunity to propose a long-term development plan that creates value for property owners, city residents, and the greater Twin Cities region….
Continue Reading

ULI Releases Governors Advisory Panel Report For the Redevelopment of Chicago’s Iconic Wilson Station

The Chicago Transit Authority’s (CTA) Wilson Station in Uptown Chicago has tremendous potential for attracting developers and business investors, according to widely renowned land use experts from the Urban Land Institute (ULI). This week, ULI released the written report of the ULI Governors Advisory Panel it conducted in 2012….
Continue Reading

ULI Real Estate Business Barometer — January 2013

Barometer November

Buyer appetite for commercial property softened a bit, with prices just off their nearly four-year high. Cap rates fluctuated above recent lows and transaction volumes were down, although they remain above their long-term monthly average. The upward trajectory of permits and starts of all types of housing continues unabated, and prices for new single-family homes have returned to their peak. Economic indicators continue to reflect sustained moderate growth. …
Continue Reading