Austin makes big impact at ULI confab in New York City

Nov 3, 2014
Austin Business Journal

The Urban Land Institute's annual fall meeting, which draws thousands of real estate titans each year, attracted more than 50 Austin members — which is a particularly good thing since Austin was ranked as the second most-compelling U.S. market to watch for real estate investment and development activity in the influential "Emerging Trends in Real Estate 2015" report

Several Austin real estate heavyweights also were presenters, including Matt Whelan of Live Oak-Gottesman and RedLeaf Properties LLC, which is partnering on the redevelopment of Highland Mall, and RealMassive's CEO and founder Joshua McClure

Rob Golding, CEO of Live Oak-Gottesman: It's important to understand how Austin's real estate market relates to those around the U.S. and the world from a capital market and from a development perspective. Austin is now on the list of high profile "gateway" markets and if we wish to remain on that list we must be competitive with those other markets. Real estate is increasingly a global business and no longer simply a localized activity

David Steinwedell, ULI Austin executive director: Austin is very lucky to have a vibrant real estate market. However, it is valuable to be able to meet and learn about other markets and trends, and the ULI national meeting allows for interaction with 7,000 other real estate professionals

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