Our investment strategy is supported by broader trends in the real estate sector:
- Strong demand for urban living continues to be fueled by growth in immigrant populations and the relocation of “baby boomers” and suburbanites back into dense and ethnically diverse urban areas
- As demand for urban living has grown, the supply of workforce and affordable housing has not increased commensurately
- Consumers and localities have demonstrated a new interest in mixed-income and transit-oriented living, which can have broad-reaching community benefits
- Retail opportunities are fueled by the mismatch between growing inner-city purchasing power and a dearth of corresponding service offerings
- Competition from traditional capital providers is limited in unproven urban areas
- Public sector objectives and UIG’s mission are aligned to revitalize underserved areas and invest in emerging mixed-use neighborhoods
- Inefficiencies in urban markets offer a unique opportunity for those with flexible capital and public sector expertise