Los Angeles
CIM Group Faces Default on $61.5MM Loan for 55 Hawthorne in San Francisco
Los Angeles-based real estate investment firm CIM Group now confronts the possibility of losing control of a San Francisco office tower after lenders...
U.S. Existing Home Sales Edge Up 0.5 percent in November to 4.13MM Units
Third consecutive monthly gain reflects lower mortgage rates and improved supply conditions The housing market’s gradual recovery continues as buyers respond to more...
AI Tackles Construction Budgets: One Developer’s Quest to Cut 20 Hours Down to 8 Minutes
Jake Heller wasn’t trying to replace his estimator. The commercial real estate developer and AI consultant just wanted to know if artificial intelligence could...
U.S. Job Openings Rise to 7.67MM While Worker Confidence Slips
September JOLTS shows 1.01 openings-to-unemployed ratio as October quits fall to 1.8 percent The U.S. labor market is sending conflicting signals about its...
Small Business Optimism Rises to 99 in November as Sales Expectations Strengthen
NFIB survey shows stronger holiday sales outlook and higher hiring plans, even as price increases and uncertainty remain elevated Small business owners are...
Northern California Housing Market Swings to Buyers’ Advantage, Except in San Francisco
Bay Area sees dramatic shift as most metros favor buyers, while San Francisco bucks the trend Northern California’s housing market has undergone a...
Mission District’s Historic Hibernia Bank Building Changes Hands in $11MM Deal
Landmark property sells below 2017 price as new owner’s identity remains undisclosed A century-old architectural gem in San Francisco’s Mission District has found...
DivcoWest Buys Redwood City Property for ~$32MM and Secures 45,000 SQFT Lease with Paul Hastings
(EDITOR’S NOTE: According to sources with knowledge of the market transactions in the Peninsula, the property traded for just under $500 per square...
November Inflation Data Raises Questions Amid Government Shutdown Disruptions: CPI Falls to 2.7%
Data collection issues follow longest government shutdown, casting doubt on sharp slowdown to multi-year lows The latest consumer price data presents an unusual...
U.S. Rental Market Faces Extended Slowdown as Supply Glut and Demand Weakness Converge
John Burns Research forecasts no recovery until late 2026, with operators focusing on cost control and selective investments The rental housing sector is...
Commercial Real Estate Investors Turn Cautiously Optimistic as Capital Access Improves
The Fear and Greed Index hits 58 out of 100, signaling a slightly expanding market as investors report easier access to capital for...
San Jose Grapples with Housing Crisis as Development Costs Outpace Rent Growth
A comprehensive study reveals why thousands of entitled units remain unbuilt in Silicon Valley’s largest city In a city that has entitled nearly...
