$115MM Loan Secured to Refinance 155-Room La Bahia Hotel & Spa in Santa Cruz
La Bahia Hotel & Spa, the 155-room luxury resort that opened in September 2025 as Santa Cruz’s first beachfront hotel of its kind...
San Francisco Pivots to 3-to-6 Percent Commercial Foreclosure Tax, Eyeing $67MM a Year After Shelving BUILD Act
Days after pausing a sweeping transfer-tax cut for high-value property sales, San Francisco Mayor Daniel Lurie and Supervisor Bilal Mahmood are advancing a...
YHB Hospitality Lists 86-Room Fairfield by Marriott in American Canyon for $10.5MM as Value-Add Napa Play
YHB Hospitality lists the 86-room Fairfield by Marriott in American Canyon for $10.5MM, a value-add play at Napa Valley's southern gate.
Lennar Leans on Falling Incentives and Core Product as AI Anxiety, Affordability Squeeze Northern California Buyers
Lennar reported its first meaningful pullback in buyer incentives in three years during the second quarter, a development that lands with particular force...
San José Shutters Lake Cunningham Water Park for 2026 Season as Lakeside Partners Plots Reimagined Aquatic Destination
The City of San José will keep the gates closed at the water park formerly known as CaliBunga and Raging Waters this summer,...
Itron to Vacate 191,000 SQFT Footprint at Champion Station in San Jose, Triggering Cash Trap on $80MM CMBS Loan
A North San Jose technology campus that has carried full occupancy through a decade of securitized debt is now staring down the loss...
Wells Fargo: Fed Poised for Extended Hold as Warsh Era Opens Amid Sticky Inflation
Wells Fargo economists expect the Federal Reserve to sit on the sidelines for an extended period as new Chair Kevin Warsh takes the...
AI Tenants Pull Bay Area Lab Market Off the Bottom Even as Vacancy Climbs to 29%
The Bay Area has emerged as one of four markets powering the U.S. life sciences real estate recovery, with artificial intelligence companies absorbing...
CalPERS Deploys $2.95B Across Real Estate and Infrastructure, Anchored by $2B Top-Up to GIP Redwood Platform
The California Public Employees’ Retirement System has approved nearly $3 billion in new real assets commitments, concentrating the bulk of its firepower on...
California Exports Climb 7.7% in April, But Gains Reflect Pre-War Orders, Beacon Economics Says
California’s merchandise exports posted a solid year-over-year gain in April even as the state ceded ground to Texas on both sides of the...
Stockbridge Lands $700MM Refinance on Roblox-Anchored 1MM-SQFT Bay Meadows Campus in San Mateo
Stockbridge lands a $700MM floating-rate refinance on its Roblox-anchored Bay Meadows office campus in San Mateo.
Balanced Demand Across Industries Supports Ongoing Momentum at Hacienda
Pleasanton, Calif. – Hacienda, Northern California’s largest mixed-use development, entered 2026 with improving fundamentals, building on the leasing momentum established in late 2025...
Lennar Leans on Falling Incentives and Core Product as AI Anxiety, Affordability Squeeze Northern California Buyers
Lennar reported its first meaningful pullback in buyer incentives in three years during the second quarter, a development that lands with particular force...
Wells Fargo: Fed Poised for Extended Hold as Warsh Era Opens Amid Sticky Inflation
Wells Fargo economists expect the Federal Reserve to sit on the sidelines for an extended period as new Chair Kevin Warsh takes the...
AI Tenants Pull Bay Area Lab Market Off the Bottom Even as Vacancy Climbs to 29%
The Bay Area has emerged as one of four markets powering the U.S. life sciences real estate recovery, with artificial intelligence companies absorbing...
CalPERS Deploys $2.95B Across Real Estate and Infrastructure, Anchored by $2B Top-Up to GIP Redwood Platform
The California Public Employees’ Retirement System has approved nearly $3 billion in new real assets commitments, concentrating the bulk of its firepower on...
California Exports Climb 7.7% in April, But Gains Reflect Pre-War Orders, Beacon Economics Says
California’s merchandise exports posted a solid year-over-year gain in April even as the state ceded ground to Texas on both sides of the...
Eden Housing Opens 79-Unit Timber Senior Apartments in Newark, Converting Industrial Site to Affordable Homes
Eden Housing has delivered 79 affordable apartments for low-income seniors on a rezoned industrial parcel in Newark, anchoring the city’s long-term push to...
Northern California Commercial Real Estate News
Balanced Demand Across Industries Supports Ongoing Momentum at Hacienda
Pleasanton, Calif. – Hacienda, Northern California’s largest mixed-use development, entered 2026 with improving fundamentals, building on the leasing momentum established in late...
Continue ReadingItron to Vacate 191,000 SQFT Footprint at Champion Station in San Jose, Triggering Cash Trap on $80MM CMBS Loan
A North San Jose technology campus that has carried full occupancy through a decade of securitized debt is now staring down the loss...
Weekday Workforce in San Francisco’s Financial District Climbs 18% as Return-to-Office Gains Momentum
New cell phone mobility data from JLL shows weekday worker activity across San Francisco’s downtown core jumped 18 percent year-over-year, with the North...
Robotics Tenants Retrace Auto-Tech’s Silicon Valley Land Grab as Newmark Tracks 3.8MM SQFT of Demand
Newmark says the Bay Area’s robotics and physical AI tenants are retracing the exact expansion path that autonomous-vehicle companies blazed across Silicon Valley...
New 1.4-Acre Heritage Park Opens at Bishop Ranch in San Ramon
San Ramon, Calif. (May 21, 2026) – Today, San Ramon city officials, Sunset Development Company executives and community leaders christened Heritage Park at...
San Francisco Captures 80% of U.S. AI Venture Capital as Office Leasing Snaps Back
AI tenants leased 10.6 million square feet in San Francisco since 2019, equivalent to roughly 15 Salesforce Towers, pushing net absorption to 3.2...
Lone Star Funds Wins Bid for Washington Holdings’ Assets in Portfolio Deal, Outbidding Brookfield and Hines
Dallas-based opportunistic investor clinches the Seattle platform’s entire real estate book in one of the largest captive-pension dispositions in recent memory. Lone Star...
Newmark Hires Drew Petersen as San Francisco Market Leader
San Francisco, CA (May 18, 2026) — Newmark today announces that the Company has hired industry veteran Drew Petersen as Executive Vice President...
Basin Street Properties Announces Three Leadership Promotions
RENO, NV (April 14, 2026) – Basin Street Properties announced the promotions of Elaine Nelson to Vice President of Operations, Stephen Biehle to...
Bay Area Council Announces Libby Schaaf as New President and CEO
The Sobrato Organization CEO Tony Mestres Elected Board Chair to succeed Kristina Lawson as her term ends The Bay Area Council today (April...
CBRE Elevates Mike Taquino and Kyle Kovac to Lead San Francisco Bay Area Office Capital Markets
The team has advised on more than $30 billion in commercial real estate transactions San Francisco – March 18, 2026 – CBRE announced...
Orange Buensuceso Promoted to Director of San Francisco at FPBA
Ferguson Pape Baldwin Architects (FPBA) has promoted Orange Buensuceso, AIA, LEED AP, to Director of San Francisco, a milestone that takes on added...
The Data Center Bargain: What Every Town Should Demand
Free power. Free heat. Clean water. The bargain every town should be demanding. By Billy the Broker (I just want to stay anonymous)...
Bed Bath & Boomerang
By Billy the Broker (I just want to stay anonymous) In August 2025, Marcus Lemonis, the executive chairman of Beyond, Inc.—which is to...
McNellis: F*** Real Estate?
Publisher’s Note What began over a decade ago as a series of candid, sharp-witted articles written for The Registry has grown into one of the...
March’s Jobs Report and the Art of Misdirection
Behind the rosy March employment headline, a quiet exodus: nearly 400,000 Americans gave up on the job market in a single month. By...
The Buyer Who Wasn’t There
The record gap between home sellers and buyers reveals a tale of two Americas—Sun Belt markets drowning in oversupply while Northern cities with...
Feed the Machine: AI Could Unjam San Francisco’s 280-Day Permitting Nightmare
The city knows its building codes better than anyone. The problem is it takes 280 days to prove it. What if a computer...
Pacific Urban Acquires 65-Unit Bollinger Crest Apartments in San Ramon for $31.25MM
Pacific Urban Investors has closed on Bollinger Crest Apartments, a 65-unit, all-two-bedroom community in supply-starved San Ramon, paying $31.25 million for an East...
408-Unit Maven on Broadway Hits the Market in Sacramento’s Upper Land Park
Maven on Broadway, a 408-unit apartment community built in 2023 on the former Seltzer Forest Products plant site in Sacramento’s Upper Land Park,...
Microsoft Begins Construction on 48MW Data Center Campus in San Jose’s Alviso, Capping Nine-Year Hold on $73.2MM Site
Nine years after quietly assembling 65 acres along Highway 237, Microsoft has put shovels in the ground on its first purpose-built, company-owned data...
Meta Layoffs Draw Morningstar Scrutiny to $1.17B in Loans on Park Tower at Transbay and Burlingame Point
Morningstar credit analysts have widened their watch on Meta’s Bay Area real estate footprint to two more single-tenant trophy properties—San Francisco’s Park Tower...
NX Ventures Pushes 2920 Shattuck Proposal in South Berkeley to 11 Stories and 242 Units
Berkeley-based NX Ventures has expanded its plans for the corner of Shattuck Avenue and Russell Street once again, adding a floor to a...
Planet Labs Adds 40,000 SQFT at 645 Harrison St. in San Francisco as Satellite Backlog Surges to $906MM
Satellite imaging company Planet Labs PBC has taken a third floor at its SoMa headquarters, betting that San Francisco’s talent pool can help...
Fremont Clears Sterling Organization’s $18MM Industrial Conversion of 144,000 SQFT Former Fry’s on Osgood Road
A unanimous Fremont City Council vote has cleared the way for Sterling Organization to transform the shuttered Fry’s Electronics big box at 43800...
Align Real Estate Files Formal Plans for 379-Unit, 479,000-SQFT Project Above Bernal Heights Safeway in San Francisco
Align Real Estate has submitted a formal development application to the City of San Francisco to replace the Bernal Heights Safeway at 3350...
