New York Stock Exchange
Macerich Doubles Down on West Coast Trophy Malls While Shedding Underperformers
The Santa Monica REIT’s Q1 2026 results reveal a portfolio strategy splitting Pacific Coast assets into two clear camps: properties worth fighting for...
AI Boom Drives Equity Residential’s San Francisco Portfolio to Top Performer in Q1 2026
The REIT’s 11,569-unit San Francisco footprint posted 6.5 percent revenue growth as downtown demand surged and concessions vanished from the company’s most strategic...
D.R. Horton Cuts Forecast as Affordability Bites Into Q2 Margins
America Builder’s $7.6 billion quarter showed disciplined execution, but Northwest closings tumbled 19 percent and gross margins compressed under the weight of elevated...
Five Point Posts Q1 Loss, Launches $40MM Buyback as California Land Sales Slide to Back Half
The Irvine developer is holding fire on major land deals until the third and fourth quarters, betting that patience preserves pricing power in...
Macerich Bets $140MM NOI Lift on Anchor Overhaul and Gen Z-Driven Merchandising Strategy
The Santa Monica-based mall REIT is executing a two-year repositioning that has pushed leasing volume up 85 percent and committed replacements for all...
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...
Hudson Pacific Posts $278MM Quarterly Loss as Bay Area Portfolio Occupancy Holds at 70.6 Percent Amid Looming Lease Roll
REIT extends streak of quarterly losses with $572MM full-year deficit while 22-property Northern California platform faces significant Google, Salesforce expirations in 2027-2028 Hudson...
Macerich’s Northern California Portfolio Holds Steady With Four Centers Totaling 3.5 Million Square Feet
The REIT’s Bay Area joint ventures at Broadway Plaza and The Village at Corte Madera anchor a NorCal portfolio that also includes Fresno...
Fairfax Financial and CEO McMorrow to Take Kennedy Wilson Private in $1.65 Billion All-Cash Deal
The Beverly Hills-based real estate investment firm will delist from the NYSE after a management-led buyout backed by its longtime Canadian insurance partner....
Essex Property Trust Taps Bond Market for $350MM to Refinance Maturing Debt
West Coast apartment REIT issues 11-year senior notes at nearly 5 percent as it manages upcoming debt maturities Essex Property Trust, one of...
Evommune Locks Down Palo Alto Space from Hudson Pacific as Clinical Trials Advance
The biotech startup is betting on growth with new office space in Palo Alto and New York as it prepares for three Phase...
Macerich Revamps Bay Area Mall Portfolio With Premium Retail Push
Broadway Plaza in Walnut Creek emerges as centerpiece of Northern California strategy as company pursues upscale tenant mix The Macerich Company is betting...
