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IndustrialPeople on the Move

Pacific Industrial Taps Link Logistics Veteran Bud Pharris as CEO to Drive Western U.S. Expansion

Long Beach-based developer Pacific Industrial has hired Bud Pharris, who ran Blackstone-owned Link Logistics' nine-market West Region, as chief executive officer to steer...

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FinanceResidential

BRIDGE Housing Wins AA Rating from S&P, Setting the High-Water Mark for Nonprofit Housing Developers

S&P Global Ratings lifted BRIDGE Housing Corp.'s issuer credit rating and the rating on its outstanding debt to AA from AA-, rewarding the...

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CommercialFeaturedFinanceINDUSTRY newsResidential

Trump Stalls Landmark Housing Bill Over Voter-ID Fight, Leaving West Coast Investors in Limbo

The 21st Century ROAD to Housing Act, the biggest federal housing package in a generation, cleared Congress with overwhelming bipartisan support, but President...

Armond Balaian
People on the Move

Suffolk Taps Armond Balaian to Scale Work and Expand New Office in Silicon Valley

Strategic hire strengthens Suffolk’s local leadership as infrastructure needs accelerate across Silicon Valley SAN FRANCISCO - Suffolk, one of the most innovative and...

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CommercialFeaturedINDUSTRY newsLeasing

San Francisco’s Tax Code Emerges as Biggest Drag on Downtown Recovery, New Report Finds

Bay Area Council Economic Institute study shows the city's business tax burden dwarfs peer cities, with a hypothetical tech firm paying triple what...

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FeaturedFinanceINDUSTRY newsRetail

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...

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CommercialFeaturedFinanceINDUSTRY newsLeasing

Equinix Rides AI Inference Wave to Record Q1 Sales as West Coast Capacity Tightens

The Redwood City data center giant booked its largest sales quarter ever as agentic AI workloads push enterprises off the public cloud and...

For Sale Real Estate Sign in Front of Beautiful House.
FeaturedINDUSTRY newsResidential

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...

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FeaturedFinanceINDUSTRY newsRetail

Macerich’s 2025 Annual Report Signals a Bifurcated Retail Market as REIT Reshapes West Coast Portfolio

The Santa Monica-based mall operator's 10-K highlights record leasing, healthy retailer demand and the widening gap between fortress centers and lower-tier malls The...

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FeaturedFinanceINDUSTRY news

Federal Reserve Holds Rates Steady at March Meeting as Oil Price Spike Clouds Outlook

Wells Fargo economists expect two rate cuts remain on the table in 2026, though elevated inflation from energy costs could push the timeline...

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FeaturedFinanceINDUSTRY news

Consumer Spending Shows Early Signs of Caution as Income Strength Meets Emerging Headwinds

A modest gain in January spending masks slowing discretionary activity, while rising gasoline prices tied to the Iran conflict threaten to weigh on...

Apartment building
FeaturedINDUSTRY newsResidential

Multifamily Surge Lifts January Housing Starts But Falling Permits Signal Sluggish Outlook

A 29.9 percent jump in multifamily starts masked underlying weakness in single-family construction, with total permits declining 5.8 percent year-over-year to open 2026...

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