SEC
Alexandria Real Estate Slashes Dividend 45% as Life Science Downturn Forces Strategy Shift
The pioneering life science REIT posts its fifth consecutive quarterly loss while accelerating asset sales to shore up balance sheet Alexandria Real Estate...
The Great Nashville-San Francisco Switcheroo
By Billy the Broker (I just want to stay anonymous) If you need proof that God has a sense of humor, consider this: Oracle can’t...
Essex Property Trust Taps Bond Market for $350MM to Refinance Maturing Debt
West Coast apartment REIT issues 11-year senior notes at nearly 5 percent as it manages upcoming debt maturities Essex Property Trust, one of...
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...
San Joaquin County Pension Fund Makes $200MM Bet on Property and Infrastructure
California retirement system allocates $200 million to Clarion Partners and BlackRock funds in portfolio expansion The San Joaquin County Employees’ Retirement Association has...
Healthpeak’s $169MM Write-Down in South San Francisco Signals Biotech Real Estate Reality Check
The company that helped launch the Bay Area’s lab building boom now faces the sector’s downturn, but executives see recovery ahead Denver-based Healthpeak...
Alexandria Real Estate’s Struggles Deepen with Fourth Consecutive Quarterly Loss as Life Science Downturn Continues
Quarterly loss and major asset write-downs signal ongoing challenges for pioneering life science REIT Alexandria Real Estate Equities reported its fourth consecutive quarterly...
Starbucks to Close ~130 Underperforming Stores, 28 in Greater Bay Area, in $1 Billion Restructuring
Coffee giant to shutter locations that can’t meet brand standards and cut 900 corporate roles as part of strategy to refocus on customer...
GRAIL Signs 76,000 SQFT HQ Lease at 250 S. Mathilda in Sunnyvale as Cancer Detection Firm Expands Operations
Cancer screening company GRAIL Inc. has inked an 11-year lease for new headquarters space in Sunnyvale’s Town Center development, marking a significant real...
Rithm Capital Poised to Acquire Struggling Office Giant Paramount Group in $1.6 Billion Deal
Deal valued at $1.6 billion signals renewed confidence in Manhattan and San Francisco commercial real estate A New York-based real estate investment firm...
OpenAI Eyes Major Silicon Valley Expansion as AI Boom Fuels Real Estate Demand
The ChatGPT maker is scouting up to 300,000 square feet of office space in Silicon Valley, signaling aggressive growth plans OpenAI is making...
Hudson Pacific Properties Reports Widening Losses Despite Strategic Restructuring
Real estate investment trust reports $83.1 million quarterly loss as office occupancy challenges persist Hudson Pacific Properties Inc. (HPP) reported deepening financial losses...
