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Customers Bank Expands Physical Presence with New Offices in Five Growing West Coast Markets

WEST READING, Pa.– Customers Bank, the $24 billion asset subsidiary of Customers Bancorp (NYSE: CUBI) and one of the nation’s leading regional banks, today...

CommercialINDUSTRY news

Electric Warfare in Palo Alto: Rivian-VW Joint Venture Eyes Space in Silicon Valley’s Auto Corridor

As federal incentives evaporate and automakers slash prices to survive, the battle for EV talent intensifies in the region’s established automotive research hub...

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FeaturedIndustry Contributors & EditorialINDUSTRY newsRetail

Bed Bath & Begone: Why Executives Blame California for Their Own Incompetence

By Billy the Broker (I just want to stay anonymous) Marcus Lemonis, the executive chairman of Beyond, Inc. (the phoenix supposedly rising from Bed Bath...

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AECFeaturedFinanceINDUSTRY newsResidential

Five Point Holdings Maintains Profitability Despite Housing Market Headwinds

California land developer reports $8.6 million Q2 net income as builder demand softens across residential markets Five Point Holdings LLC navigated a challenging...

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AECIndustrialINDUSTRY news

Amazon Advances $107MM Rancho Cordova Investment in 629,000 SQFT Distribution Center

In the expanding Rio Del Oro area of Rancho Cordova, a major logistics transformation is taking shape as Amazon has pulled permits worth...

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AECFeaturedFinanceINDUSTRY newsResidential

California Housing Costs Soar to 2.3X Texas Levels as Construction Regulations Take Heavy Toll

New RAND study reveals stark regional differences in multifamily housing production costs, with policy reforms offering potential solutions California’s notoriously high housing costs...

San Jose from afar
CommercialFinanceINDUSTRY news

LBA Realty Buys 125,100 SQFT Office Building in Sunnyvale for $42.3MM

By The Registry Staff An office building at 285 Sobrante Way in Sunnyvale, which had been under receivership for eight months, has been...

Rivian sublease Hayward Cushman & Wakefield Dermody Properties Compstak Berkeley Farms LogistiCenter @ 92
AECCommercialINDUSTRY newsRetail

Rivian Eyes 73,000 SQFT Lease in Palo Alto Mixed-Use Project Owned by Sobrato

Rivian’s potential expansion comes as Sobrato Organization transforms former retail site into comprehensive development Electric vehicle startup Rivian is reportedly considering a significant...

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AECFeaturedFinanceINDUSTRY newsResidential

Study: Multifamily Development Costs in California Reach Unsustainable Levels, Exposing Need for Reform

California’s multifamily housing market is grappling with persistent cost challenges, with new data highlighting significant inefficiencies and stark regional variation. A recent study...

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AECFinanceINDUSTRY newsResidential

Five Point Holdings Advances San Francisco Mixed-Use Project with Entitlement Rebalancing, Construction Set for 2026

Five Point Holdings, LLC (NYSE: FPH) reported impressive first-quarter results for 2025, exceeding guidance with net income of $60.6 million, approximately $10 million...

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FinanceINDUSTRY newsNews ReleasesResidential

Harbert Management Corporation Announces Closing on 140-Unit The Whitford of Dublin, CA

(Editor’s Note: The sales price has not yet been released.) DUBLIN, Calif. and DALLAS and BIRMINGHAM, Ala., Jan. 06, 2025 — Harbert Management...

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FinanceINDUSTRY newsNews ReleasesResidential

Shopoff Realty Investments Sells 9.25-Acre Lot in Sacramento Entitled for 48 Townhomes to Beazer Homes for Nearly $10MM

SACRAMENTO, Calif., – January 2, 2025 – Shopoff Realty Investments (“Shopoff”), a national manager of opportunistic and value-add real estate investments, has sold...

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