Experts Looking Forward to Promising 2014

CHICAGO—During their recent Fall Meeting in Chicago, the Urban Land Institute, with their partner PwC, released the 35th edition of Emerging Trends in Real Estate, a study based on interviews and surveys they did with over 1,000 professionals. And the general feeling was that what had been a modest recovery will gain momentum in 2014. Furthermore, that momentum should increasingly drive growth in secondary markets as investors look beyond core cities in search of higher yields.

Experts from the Midwest echoed this optimism and said much of 2013 was spent preparing for an even busier 2014. And with many top companies relocating to downtown Chicago, their new or relocated workers will increase demand for new apartments, office, retail and restaurant projects in 2014 as they look for the amenities expected with an urban lifestyle.