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AECFinanceINDUSTRY newsResidential

San José Launches $16.9MM Office-to-Residential Conversion Program Targeting 611 Downtown Units

City expands residential incentive program with fee waivers and tax breaks to transform vacant office buildings into naturally occurring affordable housing amid 30...

Pacific Coast Migration Reversal: Oregon Surges as California Loses Residents
CommercialFeaturedINDUSTRY news

Pacific Coast Migration Reversal: Oregon Surges as California Loses Residents

Oregon jumps to #1 for inbound moves while California records 58 percent outbound migration, marking a dramatic shift in West Coast population patterns...

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FinanceINDUSTRY newsResidential

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...

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CommercialFeaturedINDUSTRY news

California’s Job Market Shows Persistent Weakness as Federal Shutdown Disrupts Data

Delayed report reveals Golden State continues to struggle with nation’s second-highest unemployment rate California’s unemployment situation remained stubbornly elevated in September, with the...

Lack of Middle Class Housing Drives West Coast Exodus As California, Oregon, and Washington Face Historic Migration Reversal
FeaturedINDUSTRY newsResidential

Lack of Middle Class Housing Drives West Coast Exodus As California, Oregon, and Washington Face Historic Migration Reversal

After decades of drawing Americans westward, the Pacific Coast states are experiencing a dramatic demographic shift that could reshape regional economies and political...

Hotel Conversions Reshape America's Rental Market as Hospitality Struggles Mount
AECFeaturedHospitalityINDUSTRY newsResidential

Hotel Conversions Reshape America’s Rental Market as Hospitality Struggles Mount

The American hotel industry’s post-pandemic malaise is creating an unexpected windfall for apartment developers. In 2024, more than 9,100 hotel rooms were transformed...

Office Buildings Get Second Life as Housing Across Northern California
AECCommercialFeaturedFinanceINDUSTRY newsResidential

Office Buildings Get Second Life as Housing Across Northern California

Developers bet on residential conversions as remote work reshapes commercial real estate landscape Three California office properties are being transformed into housing as...

Sunlight flares between modern skyscrapers in an urban downtown setting.
CommercialFeaturedINDUSTRY news

San Francisco Reclaims Its Office Market Crown as AI Boom Reshapes Urban Real Estate

The city’s 112 percent annual surge in demand signals a dramatic reversal of fortune, while traditional office strongholds falter San Francisco, once written...

JLL Experts: West Coast Life Sciences Hubs Face Oversupply Reckoning as Industry Recalibrates
FeaturedINDUSTRY newsLife Science

JLL Experts: West Coast Life Sciences Hubs Face Oversupply Reckoning as Industry Recalibrates

Markets from San Diego to Seattle show divergent fortunes as funding uncertainty and soaring vacancies reshape the sector’s real estate landscape The gleaming...

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CommercialFeaturedINDUSTRY news

Office Workers Are Coming Back—And This Time, They’re Staying

After a summer slump, September’s foot traffic data signals a turning point in America’s return-to-office saga The great return-to-office debate appeared to have...

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CommercialFeaturedINDUSTRY news

Office Occupancy Reaches New Peak as Hybrid Work Battle Continues

Tuesday remains the new Monday as office attendance hits 65.3 percent across major metros, but resistance to return-to-office mandates continues to mount Office...

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FeaturedIndustrialINDUSTRY newsLife Science

California’s $396B Life Science Sector Powers Manufacturing Juggernaut in the Bay Area

The Bay Area’s life science manufacturing sector is defying national trends and demonstrating remarkable resilience, maintaining 30 percent of the region’s life science workforce...

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