Industry News
Southern California Industrial Prices Reset as Sale Values Fall 21.7% and Construction Pipeline Shrinks
Southern California’s industrial market moved toward equilibrium in the second quarter of 2026 as a sharp pullback in construction and steady leasing helped...
Tight Vacancy and Class C Bargain Hunting Fuel 25% Jump in Los Angeles Multifamily Deal Flow
Los Angeles County’s apartment market is holding its ground through economic turbulence, with vacancy compressed near multi-year lows and private capital chasing small...
Melia Homes Wins Approval to Replace Vacant Orange Best Buy With 71 Small-Lot Homes
Irvine-based Melia Homes has secured City of Orange approval to demolish a long-shuttered Best Buy on Tustin Street and build a 71-home small-lot...
San Diego Launches Affordable Housing Preservation Fund With $8.5MM to Stem Loss of Low-Rent Apartments
The San Diego City Council voted unanimously to create an Affordable Housing Preservation Fund and seed it with $8.5 million, handing the San...
Gensler Research Finds the District, Not the Stadium, Now Drives Fan Decisions Across North America
New research from the Gensler Research Institute, drawn from nearly 6,000 residents across major U.S. and Canadian metros, finds that the neighborhoods built...
Hoag Clinches 92-Acre Ziggurat Campus in Laguna Niguel for $207MM, Ending Three-Year Federal Sale Saga
Hoag Memorial Hospital Presbyterian has emerged as the final winner of Orange County’s most contested real estate disposition, acquiring the 1-million-square-foot Chet Holifield...
Redwood West and Panattoni Acquire 395,000 SQFT The Pike Waterfront Center in Long Beach for $50MM
Redwood West and Panattoni have purchased The Pike, the open-air lifestyle center on Long Beach’s downtown waterfront, and are lining up a $20...
Reuben Brothers Seize 190-Key West Hollywood Edition From Witkoff in $211MM Deed-in-Lieu
British billionaires Simon and David Reuben have taken ownership of the West Hollywood Edition on the Sunset Strip, closing out a four-year debt...
Kennedy Wilson and Jamison Form JV to Deliver 4,000 Affordable Units in Los Angeles, Starting With 512-Unit DTLA Office Conversion
Two of Los Angeles real estate’s heaviest hitters are joining forces to attack the city’s housing shortage, pledging roughly 4,000 affordable units through...
Sunny Skies Terrace Lands 14 Tenants at 12-Acre TAWA Gateway as San Gabriel Retail Hub Reopens
Sunny Skies Terrace lands 14 new food and retail tenants at TAWA Gateway in San Gabriel as Phase One of its redevelopment opens.
48-Condo Valley Village Property at 11925 Kling Sells for $15.9MM to Its Original Developer
A 48-condominium property in Valley Village has changed hands for $15.9 million, with the units individually parceled in a structure that hands the...
LA County Apartment Occupancy Slides to 93.9% as 24,081 Units Flood the Construction Pipeline
Los Angeles County’s apartment market entered 2026 caught between resilient rents and a relentless wave of new supply, with occupancy slipping to its...
