Seattle
AvalonBay and Equity Residential Forge $69B Apartment Titan in All-Stock Merger of Equals
The combination of the nation’s two largest multifamily REITs creates a 180,000-unit powerhouse with dominant positions in Los Angeles, New York and Greater...
San Francisco Captures 80% of U.S. AI Venture Capital as Office Leasing Snaps Back
AI tenants leased 10.6 million square feet in San Francisco since 2019, equivalent to roughly 15 Salesforce Towers, pushing net absorption to 3.2...
City Controller: San Francisco Economy Has Reached an Inflection Point
Q1 2026 indicators show tech hiring rebound, office vacancy retreating, and downtown foot traffic climbing as city hits economic inflection point San Francisco’s...
Sacramento Lands $3.15MM in Federal Funding for 4-Acre Deck Park Over I-5, Joining Seattle in Race to Reclaim Freeway-Severed Downtowns
Rep. Doris Matsui’s Community Project Funding kicks off a $300MM-$400MM effort to stitch downtown Sacramento back to its riverfront, mirroring Pacific Northwest momentum...
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...
Blackstone Mortgage Trust Covers Dividend Third Straight Quarter as Platform Pivots Toward Data Centers and Net Lease
The $19.7 billion CRE lender posted a GAAP net loss but distributable earnings cleared the dividend hurdle, signaling that a portfolio reset built...
Northern California Carries Essex as Bay Area Tech Demand Outpaces Seattle, Los Angeles in Q1
The West Coast’s largest multifamily REIT beat expectations as cap rate compression and a $62 million stock buyback signaled a private-public valuation gap....
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...
Bay Area Swallows Q1 Venture Capital as Seattle and Los Angeles Fall Further Behind
OpenAI, Anthropic and xAI concentrate $221.1 billion in Northern California while Southern California and the Pacific Northwest scrape single-digit billions in a market...
AI Set to Flatten Office Job Growth Through 2030, Pushing U.S. Vacancy to 21.5%, Newmark Finds
A new Newmark research report forecasts that artificial intelligence will moderate office-using employment to near-zero growth over the next five years, reshaping demand...
U.S. Life Sciences Vacancy Tops 70% of New Deliveries as 60MM SQFT Pipeline Reshapes Market
Savills says supply surge from pandemic-era development boom is outpacing demand, leaving major lab projects unleased across key hubs A development cycle that...
North American Life Sciences Sector Grapples With Supply Glut as 55% of Recent Lab Deliveries Sit Vacant
A pandemic-era construction wave has collided with cooling demand, leaving nearly 60 million square feet of new lab space struggling to find tenants...
