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FinanceHospitalityINDUSTRY news

Ashford’s 178-Key Hilton Santa Cruz/Scotts Valley Escalates to Court-Appointed Receivership Sale, Seven Years After $50MM Buy

Ten months after the only full-service Hilton in Santa Cruz County was quietly put on the market following a mortgage default, the sale...

Home construction worker on site
AECFinanceINDUSTRY newsResidential

Cabrillo, UC Santa Cruz and Greystar Advance $181MM, 624-Bed Costa Vista Student Housing in Aptos

A first-in-California partnership between a community college and a University of California campus, the Costa Vista development in Aptos cleared a late-summer financing...

Houses
FeaturedFinanceINDUSTRY newsResidential

Silicon Valley Multifamily Rebounds as Rent Growth Outruns Rising Costs and Sales Top $2 Billion

A resurgent apartment market across Silicon Valley’s core submarkets is delivering the strongest rent growth in years, reviving transaction velocity and drawing institutional...

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AECFinanceINDUSTRY newsResidential

Safehold Closes $45MM Ground Lease for Pacific Companies’ 256-Unit Affordable Project in Soquel

Safehold deployed its land-ownership model into one of the nation’s costliest rental markets, closing a $45 million ground lease that helps capitalize a...

View of Santa Cruz from the beach
FinanceHospitalityINDUSTRY newsNews Releases

$115MM Loan Secured to Refinance 155-Room La Bahia Hotel & Spa in Santa Cruz

La Bahia Hotel & Spa, the 155-room luxury resort that opened in September 2025 as Santa Cruz’s first beachfront hotel of its kind...

Hotel image with hotel sign on top
FinanceHospitalityINDUSTRY news

Hilton Scotts Valley Sees 27% Value Cut as $21.7MM CMBS Loan Defaults at Maturity

The 178-room hotel in the Santa Cruz Mountains has struggled to cover debt service for much of the past decade, and its loan...

Rendering of apartment building designed to house educators
AECCommercialINDUSTRY newsNews Releases

Bogard Construction Breaks Ground on 100-Unit Educator Housing Project for Santa Cruz City Schools

SANTA CRUZ, Calif., March 20, 2026 — Bogard Construction, a family-owned building contractor serving Santa Cruz and the Greater Bay Area, in partnership...

Golden hills of California
FeaturedFinanceIndustry Contributors & EditorialINDUSTRY newsResidential

Bounded by Sea, Strangled by Trusts

Every acre we preserve is an acre we can’t build on—and the housing math is catching up By Billy the Broker (I just...

Locked self storage unit.
AECFinanceIndustrialINDUSTRY news

Buchanan Street Partners Breaks Ground on 99,500 SQFT Self-Storage Facility in Scotts Valley

The Newport Beach investment firm acquired the 2.6-acre site for $5.25 million and plans to deliver a 760-unit Class A facility by April...

aga-adamek-9OfBsfty2x4-unsplash-self storage (2)
AECIndustrialINDUSTRY newsNews Releases

Buchanan Street Partners Announces Groundbreaking on 99,500 SQFT Self-Storage Development in Scotts Valley

Newport Beach, CA (February 9, 2026) – Buchanan Street Partners (Buchanan), a Newport Beach, CA-based real estate investment management firm, has announced the...

Northern California Apartment Construction Crashes as Bay Area Building Stalls
AECFinanceINDUSTRY newsResidential

Bay Area Housing Fund Doubles to $100MM, Targets Faster, Cheaper Affordable Homes

A San Francisco-based nonprofit focused on reducing affordable housing costs has reached a significant funding milestone, positioning itself to demonstrate whether innovative financing...

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People on the Move

Redwood City Announces Selection of Patrick Heisinger as Next City Manager

Redwood City, California — Redwood City’s City Council has selected Patrick Heisinger to serve as its next City Manager, pending City Council approval of an...

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2026 Northern California CRE Rising Stars

NorCal rising stars 2026

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