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HospitalityINDUSTRY news

Women’s March Madness Delivers 13,000 Hotel Room Nights to Sacramento, Signaling Growth Limits in Hospitality Market

NCAA regional games expose capacity crunch, fuel calls for new 300-400 room hotel development. Sacramento’s hospitality sector achieved rare full-capacity momentum during the...

Data Challenges Narrative on Institutional Investors and Homeownership Crisis
FeaturedINDUSTRY newsResidential

Lower Immigration, Cautious Consumers and Shifting Migration Patterns Reshape US Housing Outlook for 2026

John Burns Research and Consulting finds that capturing housing demand now requires surgical precision as demographic tailwinds weaken and buyer sentiment sours to...

marten-bjork-n_IKQDCyrG0-unsplash-hotel
AECHospitalityINDUSTRY newsResidential

RK Properties Files Plans for 112-Room Hotel, 160-Unit Apartment Project in Sacramento’s South Natomas

A long-vacant site near Interstate 5 and West El Camino Avenue would gain a TownePlace Suites by Marriott and four residential buildings under...

Illustration of apartment building design in downtown Palo Alto
AECINDUSTRY newsResidential

Cloverleaf Corporation Proposes 70-Unit Condominium Building in Downtown Palo Alto

Spanish Revival-style project on 1.15-acre site would replace existing 24-unit apartment complex and include 20 percent affordable housing A six-story, 70-unit condominium building...

siddharth-bhogra-7QOy71-XFys-unsplash-apartment
FinanceINDUSTRY newsResidential

Karisa Ventures Acquires 100-Unit Cottage Bay Apartments in Arden-Arcade for $16MM

Karisa Ventures pays $160,000 per unit as local hospitality investors continue strategic shift into multifamily assets amid hotel industry headwinds A local hotel...

dan-meyers-IQVFVH0ajag-unsplash-winery
FinanceHospitalityINDUSTRY news

Blackstone Acquires 135-Room Stanly Ranch Luxury Resort in Napa Valley via Foreclosure Sale After $220MM Loan Default

The investment giant acquired the debt on the 700-acre Auberge-managed luxury resort before proceeding with a planned foreclosure, adding to a growing Bay...

Aerial view of Silicon Valley
CommercialFinanceINDUSTRY newsLeasing

Washington Holdings Could Bring Up to 2.5MM SQFT of Silicon Valley R&D Space to Market as State Pension Fund Eyes California Exit

The Seattle-based real estate firm controls seven R&D parks, two hotels, and a retail center across San Jose, Santa Clara, Milpitas, and Pleasanton...

San Francisco skyline
CommercialINDUSTRY newsLeasing

Shorenstein’s 188 Spear Street Faces Near-Total Vacancy as Amazon, New Relic Prepare to Exit 218,000 SQFT San Francisco Tower

The 1973-vintage Financial District property, acquired for $25 million in 2009, now has more than 206,000 square feet available across 11 full floors...

Transamerica Pyramid in San Francisco
CommercialFinanceINDUSTRY news

Yoda Plc Closes $725MM Acquisition of 750,000 SQFT Transamerica Pyramid Center in San Francisco’s Largest Office Trade Since 2021

Total cost includes $691.6 million purchase price plus a $34 million settlement with asset manager Michael Shvo; Cyprus-based conglomerate financed the deal with...

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