INDUSTRY news
Wells Fargo Forecasts Sharp February Payroll Slowdown as January Jobs Surge Fades
The blockbuster January jobs number was likely a mirage, per the assessment of economists at Wells Fargo Economics, who are projecting nonfarm payroll...
Flynn Properties and Highgate Reopen 143-Room Huntington Hotel on Nob Hill Following Multimillion-Dollar Renovation
The 104-year-old landmark returns as a luxury independent hotel after six years of closure, signaling renewed investor confidence in San Francisco’s hospitality market...
V23 Investments Expands East Oakland Affordable Housing Project to 88 Units
New building permits filed in February 2026 reflect a scaled-up modular development targeting very-low and low-income households in the Eastmont neighborhood New building...
California Supportive Housing Proposes 94-Unit Affordable Development for West Berkeley
A Los Altos-based nonprofit has filed preliminary permits invoking a state affordable housing law to advance a workforce apartment complex on a commercially...
Yoda Plc to Pay ~$700MM for 750,000 SQFT Transamerica Pyramid Center, San Francisco’s Largest Office Trade Since 2021
The deal values the iconic Financial District complex at approximately $933 per square foot, representing a significant loss for the selling venture that...
Peninsula CRE Panelists Declare Market Turning Point as Leasing Activity Doubles and Life Science Sector Stabilizes
At the ACREM “State of the Peninsula” breakfast, commercial real estate leaders described surging tenant demand, rising return-to-office momentum, and the first signs...
CIT Bank Sells 118,000 SQFT Leamington Building in Downtown Oakland for $14.4MM
The 118,000-square-foot landmark at 1814 Franklin Street, originally a luxury Spanish-style hotel that opened in 1926, traded at $122 per square foot to...
Anatomage Affiliate Pays $27.8MM for 151,400 SQFT Former Cisco Office Building in North San Jose
The Santa Clara-based medical visualization technology firm’s purchase from South Bay Development marks the second trade in roughly two months for the Zanker...
$75MM Loan Secured to Refinance 341-Room Marriott Monterey Hotel in Monterey
Los Angeles, CA (March 3, 2026) – Sonnenblick-Eichner Company has arranged a $75 million first mortgage loan to refinance the Marriott Monterey hotel...
Downtown Sacramento Partnership Charts Ambitious 10-Year Vision With Expanded District, Billions in Development
Annual State of Downtown address unveils three-pillar strategy spanning safety, placemaking, and economic opportunity as the capital city positions itself for a transformative...
400-Room Stanford Court Hotel Hits the Market on San Francisco’s Nob Hill Amid Hospitality Rebound
The historic hotel, currently under court-appointed receivership following a contentious foreclosure lawsuit, hits the market as rising investor confidence and major events fuel...
Hudson Pacific Targets Office-to-Residential Conversion at 205,000-SQFT Landmark 901 Market Street in San Francisco
The Los Angeles-based REIT disclosed the repositioning during its Q4 2025 earnings call, removing the 1912-era building from its in-service office portfolio as...
