The Urban Land Institute (ULI) wrote today about six ongoing trends that will continue to mark the national commercial real estate market in 2016 and maybe beyond. We know the basics and broad strokes of today’s national market already – very low inflation hand-in-hand with very low prime lending rates, improving employment numbers, and predictable demographic migrations as baby boomers and millennials find their new group positions for living and working.
The most recent report from the Urban Land Institute (ULI) does a great job exploring the dependencies and interconnections between the growth of real estate value and the provision of active transportation options, e.g. walking and bicycling. A collection of case studies, the 61-page report details built environment projects that significantly affect local economic development by way of integrating walking and bicycling into the economic patterns of the area.
Strategic partners, owners and investors of real estate worldwide make up the Urban Land Institute’s Greenprint Center, a project committed to improving the relationship between all real estate and the environment. The Center is an intersection of modern building management and industry muscle drawn from CRE and finance that focuses on reducing the carbon footprint of existing buildings, which currently represent one-third of global carbon emissions, and works to achieve its carbon reduction goals through education and action.