INDUSTRY news
City of San Francisco Expands 1455 Market St. Lease by 502,000 SQFT in $1B-Plus Deal, the Region’s Largest Since 2018
San Francisco has committed to its largest office lease since 2018, expanding the city government’s footprint at Hudson Pacific Properties’ 1455 Market St....
California Owns the West Coast’s Highest Median Income but Slips to 13th Nationally as Costs Bite
California boasts the highest median income on the West Coast, yet a thin lower-earning tier and punishing living costs dropped it to 13th...
Acclaim Companies Wins Unanimous ARB Recommendation for 228-Unit Builder’s Remedy Project at 762 San Antonio Road in Palo Alto
Palo Alto’s Architecture Review Board voted unanimously to recommend approval of The Acclaim Companies’ eight-story apartment development, which returned to the board roughly...
Pacific Urban Investors Secures $123MM Refinancing for 268-Unit Anson Apartments in Burlingame
Palo Alto-based Pacific Urban Investors has secured a $123 million refinancing for the Anson, a 268-unit luxury apartment community in Burlingame, in a...
Kaiser Permanente Files Permits for 760,900-SQFT Replacement Hospital at 2190 O’Farrell Street in San Francisco
Kaiser Permanente has filed building permits for its replacement San Francisco hospital at 2190 O’Farrell Street, revealing a project substantially larger than initially...
High Street Residential Pushes 105-Home DePaul Residences Forward in Morgan Hill as Draft EIR Opens for Public Review
High Street Residential’s plan to convert a vacant 15.8-acre commercial site at Cochrane Road and DePaul Drive in Morgan Hill into a 105-home...
Redwood City Debuts Peninsula’s First Entertainment Zone With Summer Pilot on Broadway
Three pilot activations will test outdoor alcohol consumption, live music, and games on the Broadway Pedestrian Mall as the city bets on downtown...
Allen Matkins/UCLA Anderson Survey Finds CRE Distress Has Peaked as Deals Close Despite War-Driven Rate Spike
The Summer 2026 Allen Matkins/UCLA Anderson Forecast survey of California commercial real estate sentiment found that industry distress has peaked and transactions are...
Morningstar Flags $505MM Loan on Meta’s 701,000-SQFT Moffett Towers II Campus in Sunnyvale as Layoffs Mount
Credit analysts have placed the $505 million loan backing Moffett Towers II Buildings 3 and 4 in Sunnyvale under watch after Meta Platforms,...
Strada Investment Group Closes $103MM Purchase of Samsara’s 133,427 SQFT Headquarters in San Francisco
The $771-per-square-foot deal for the fully leased Showplace Square building gives San Francisco’s recovering office market something it has lacked since the pandemic:...
Neighbourgood Sells 12-Room Sutter Mansion Boutique Hotel in San Francisco for $7.3MM
San Francisco – June 3, 2026 – CBRE has arranged the $7.3 million sale of Sutter Mansion, a 12‑room boutique hotel at 1409...
Bridge Debt Moves From Stopgap to Primary Structure as $875B in CRE Loans Mature
With permanent lenders selective and $875 billion in commercial mortgages coming due, sponsors are routing transitional deals to debt funds offering speed, flexibility...
