Category Archives: Young Leaders

2014 Partnership Forum – Now Accepting Applications!

The ULI/LA YLG Partnership Forum provides an ongoing opportunity to share and discuss with a group of peers the issues that real estate professionals and related industry professionals face each day.  Sharing many of the same characteristics as a ULI Product Council the ULI Partnership Forum is reminiscent of the tradition of ULI’s culture of sharing experiences gained, mistakes made and lessons learned.  Please know that to get the most out of your experience confidentiality is crucial. Each group consists of 8-10 members under the age of 35.  Members are … Read More

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Join ULI in Chicago: Apply for a Fall Meeting Scholarship

WLI Chair Scholarship

ULI is pleased to offer two scholarship programs to connect you to the education and networking opportunities at the 2013 Fall Meeting in Chicago. Apply today for the Women’s Leadership Initiative Scholarship or the Wells Fargo “Who’s Next” ULI Young Leaders Scholarship.

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YLG Art of Development – The USC Specific Plan

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As Brian League, Executive Director of USC Real Estate Development, wrapped up his presentation on the recently approved $1.1 billion dollar USC Specific Plan, an audience member commented that Mr. League appeared “beat down” by the rigorous city approval process he so recently endured.  His agreeable response, while certainly not enthusiastic, echoed with a strong undertone of pride.  Seeing as this tremendous undertaking has laid the foundation for more than of 5 million square feet of new development in and around USC’s campus, it is fair to say that sense … Read More

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What Now? The Demise of the CRA in California

by Russell E. Morse, Truman & Elliott LLP The California Supreme Court’s recent decision in California Redevelopment Association v. Matosantos served as the final death knell for redevelopment agencies inCalifornia.  In the landmark decision, the Supreme Court upheld as constitutional the state law dissolving municipal redevelopment agencies, but rejected the companion law, which allowed municipal redevelopment agencies to stay open if the cities/counties in which they existed agreed to make certain payments benefiting the state’s schools and special districts. Redevelopment agencies are semi-autonomous creations of the state with the intended … Read More

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Market Update

By Brad Keyes, Principal, HK Capital Investments, LLC It seems like bricks and mortars are back on everyone’s minds these days, and for a change, signs are trending positive.  The reason for this is that certain real estate sectors are seeing improved fundamentals, with multifamily housing leading the way.  Vacancy rates are falling as reductions in unemployment have led to increased demand for space and rent increases across the board.  Let’s dive into the numbers from the National Association of Realtors® quarterly Commercial Real Estate Forecast. Office Markets Vacancy rates … Read More

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Navigating an Uncertain Tax Landscape

by Justin Gugajew, Tax Manager, Moss Adams LLP Given the spotlight that has been cast on the national debt lately, very few believe there will not be sweeping government reform, whether through tax increases, spending cuts, or both.  Even if Congress fails to reach a deal to help balance the budget, many current tax incentives would expire after 2012.  In addition, absent new legislation, starting in 2013 we will see several rate increases, including: A jump in the highest marginal federal tax rate, from 35 percent to 39.6 percent A … Read More

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ULI YLG Case Study-The Emerging Office Market: Playa Vista

This ULI LA Case Study will examine the new wave of office development at Playa Vista. The panel discussion will focus on two mixed-use projects offered by Tishman Speyer and Lincoln Property Company, which together will ultimately result in over 3 million square feet of office, soundstage, and retail space located on approximately 79 Acres of land. The projects will also include community open space in the form of a 9-acre park. Located on and around the former worldwide headquarters of Hughes Aircraft, Tishman Speyer’s project is entitled for approximately … Read More

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YLG Fall Happy Hour at Elevate Lounge

Over 200 ULI LA Young Leaders Group came out for Fall Happy Hour at the Elevate Lounge www.elevatelounge.com (adjacent to Takami Sushi and Robata Restaurant) in Downtown Los Angeles. The Elevate Lounge is a full service bar and lounge, offering an exquisite indoor/outdoor space where you can enjoy your favorite cocktails and appetizers, amazing views of the city and the music of a live disc jockey. One of our Young Leaders won a gift certificate for dinner at the Takami Sushi and Robata Restaurant. Drawing also included a ULI book … Read More

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YLG Education Forum on Finance

On Thursday, September 27, over 60 people attended the ULI Los Angeles Young Leaders Group’s first-ever educational workshop, which focused on commercial real estate finance. The contents of the workshop were aimed at those people just beginning their careers in commercial real estate or those individuals unfamiliar with commercial real estate finance. The workshop opened with a presentation by Young Leader John Chun, who is investment director with Hanover Financial Company. Chun’s PowerPoint presentation on commercial real estate finance will be available on the ULI LA Web site in October. … Read More

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YLG Community Service Event-Tree Planting

ULI Young Leaders partnered with the Los Angeles Conservation Corps on October 13, 2007 to participate in a tree planting on the Westside! We had seventeen volunteers and a number of staff from Los Angeles Conservation Corps – they were wonderful! The tree planting team taught us how to plant trees and worked with us as they hauled heavy equipment, trees and water. They set up a tent and tables for us. It was hard work but very rewarding too. Sixteen African Sumac trees were planted making a long stretch … Read More

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