Asset Manager "Add New Place" does not function properly

As of today, Asset Manager’s “Add New Place” functionality seems to have stopped working properly. It will still create the place under a default template, but there is no indication of the place being created within Studio, leading developers to believe nothing has happened in the first place and will try again.

After restarting studio, I tried adding a place again and got

Adding Place…

without a prompt or a confirmation of a place actually being created: