Santa Monica
Macerich Lifts 2028 FFO Target to $2.00 as Path Forward Plan Hits Inflection Point
Santa Monica-based REIT raises its NOI ceiling and reports $1.3 billion in completed dispositions as record leasing momentum reshapes its Class A mall...
JP Morgan Pulls Plug on $1.4B Core-Plus Real Estate Fund Just as Bay Area Office Finds a Bottom
The 24-year-old US Real Estate Income and Growth vehicle posts -9.7 percent three-year returns, forcing a three-year unwind even as San Francisco’s AI-led...
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...
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...
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...
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...
