Santa Monica
California Taps Polluters for $865MM to Fund Housing and Transit
Governor Newsom’s cap-and-invest program delivers affordable housing and green infrastructure across 17 communities California is converting pollution penalties into public benefits, announcing over...
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...
Related California Announces Executive Succession Plan with Gino Canori and Ann Silverberg to Assume leadership, Bill Witte Named Chairman Emeritus
Related California, the West Coast affiliate of Related Companies, and Co-Founder and Chairman Bill Witte today announced its leadership succession plan, effective January...
Macerich Posts $87MM Loss as Northern California Assets Show Strong Performance
While the Santa Monica-based REIT reported a third-quarter deficit, its Bay Area properties delivered some of the portfolio’s highest sales metrics and occupancy...
Federal Realty Breaks Ground on 258 Santana Row Apartments While Planning Sale of 212-Unit Misora
Federal Realty Investment Trust is reshaping its residential portfolio at the flagship Santana Row mixed-use development, announcing plans to sell an existing residential...
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 Bets on Entertainment Zones to Boost Downtown Economy
San Jose is pushing forward with plans to establish at least seven entertainment zones throughout its downtown area, positioning the city to capitalize...
International Workplace Group Expands California Presence with 12 New Flexible Workspace Centers
International Workplace Group (IWG) is expanding its California footprint with 12 new state-of-the-art flexible workspaces across the state, bringing the company’s total presence...
Benedict Canyon Equities Buys 192-Unit Fairmont Apartments in Woodland for $41MM
By The Registry Staff An apartment complex in the Sacramento region has changed hands, showing that the area continues to attract attention from...
PRG Hospitality Pays $16.65MM to Buy 35-Room Carmel Hotel
Santa Monica, Calif. (May 13, 2024) – PRG Hospitality Group, a leading investment firm specializing in boutique hotels in California, has acquired a...
Leap Development’s 127-Unit Residential Project in San Francisco Faces Default on $10MM Loan
By The Registry Staff A development site in San Francisco is facing potential foreclosure after the developer was issued a notice of default,...
BXP Slightly Outperforms Market Expectations in Q4 But Sees Tepid Demand Across West Coast Markets
Despite the prevailing negative sentiment towards the commercial real estate sector, BXP has emerged as a beacon of resilience and performance in the...
