Freezing temperatures and the Urban Land Institute: the two will be forever linked in my memory.
That's because last Thursday, very possibly the coldest day of my life (it was about 20 degrees below zero), I trekked to the Union League Club to cover a meeting of the Urban Land Institute's Chicago chapter.
The topic: "Niche Property Classes: Are they faring better than Primary Real Estate Asset Classes?"
For the fourth time in as many months, I learned a wealth of information. When my fingers thawed upon returing to my office, I wrote this summary for the ULI, which touches on some of the insights shared by development experts in the niches of parking garages, medical offices and college housing.
You can also read three prior summaries I've written for the Urban Land Institute's Chicago chapter, "Emerging Trends in Real Estate 2009®," "The Credit Crisis: How the Collapse of Credit Impacts the Economy and Commercial Real Estate," and "River North: Past Plans, Future Opportunities."