Southern California
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...
Hudson Pacific Properties Slashes Q4 Outlook After Major Asset Sale
Hudson Pacific Properties lowered its fourth-quarter earnings forecast as the real estate investment trust grapples with falling occupancy and the offloading of a...
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...
High-Income Job Losses Dampen West Coast Housing Markets
Tech-driven metros face unprecedented employment headwinds as professional services shed workers The West Coast’s vaunted job engine is sputtering. From Seattle to San...
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...
Kennedy Wilson Reports $21MM Loss as Northern California Portfolio Shows Mixed Signals Amid Strategic Repositioning
Real estate investment firm posts Q3 losses while advancing asset sales and fee growth plans Kennedy Wilson Holdings reported a third-quarter net loss...
PwC + ULI: AI Revival Lifts West Coast Real Estate from Its Post-Pandemic Slump
After years of dislocation and declining investor confidence, the West Coast’s real estate markets are finally showing signs of stabilization—and, in some cases,...
AvalonBay Earnings: San Francisco Apartment Rents Surge 4.3% as Bay Area Market Diverges
Northern California shows split performance, with San Francisco leading recovery, while East Bay lags San Francisco’s apartment rental market delivered its strongest year-over-year...
Essex Bets Big on Bay Area Recovery, Deploys 90% of Acquisition Capital to Northern California
REIT targets high-growth Bay Area submarkets as region leads portfolio performance Essex Property Trust concentrated nearly all its recent acquisition activity in Northern...
Amazon Prepares Its Biggest Workforce Reduction in Years as AI Reshapes Corporate Operations
The e-commerce giant is set to cut up to 30,000 corporate jobs, signaling a shift toward automation and leaner management structures Amazon.com is...
DLC Acquires Sacramento’s 84,000 SQFT The UV Center for $51MM in $625MM West Coast Portfolio Push
New York-based retail operator’s acquisition of California and Seattle properties marks aggressive expansion into grocery-anchored shopping centers The sale of a prominent Sacramento...
Bang & Olufsen Bets on San Francisco Comeback with World’s Largest Flagship
Danish audio brand’s 5,100-square-foot Union Square store signals confidence in city’s retail recovery, as Silicon Valley expansion follows Bang & Olufsen is making...
