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Reston Town Center Reston Town Center in Reston, VA, an example of “surban” development.

WASHINGTON, DC—Working women, affluent immigrants and both younger and older adults will drive demographic trends through 2025, the Urban Land Institute says in a new report. Titled Demographic Strategies for Real Estate, the report sees positive long-term implications for the multifamily sector, among other findings.

“Government policies, economic cycles, new technologies, and shifts in social acceptability have driven massive shifts in real estate demand over the decades,” says John Burns, CEO of John Burns Real Estate Consulting, which prepared the report for ULI’s Terwilliger Center for Housing. Real estate executives who “identify the trends early and adapt always win,” he adds.

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Paul Bubny

Paul Bubny is managing editor of Real Estate Forum and GlobeSt.com. He has been reporting on business since 1988 and on commercial real estate since 2007. He is based at ALM Real Estate Media Group's offices in New York City.

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