California
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...
Bed Bath & Boomerang
By Billy the Broker (I just want to stay anonymous) In August 2025, Marcus Lemonis, the executive chairman of Beyond, Inc.—which is to...
State Housing Law Forces West Hollywood to Greenlight Faring’s 126-Unit Bond Hotel and Residences
A 4-1 council vote ends a multi-year entitlement fight on Santa Monica Boulevard and clears one of the city’s most contested infill sites...
San Diego Council Backs State Bill Shielding 28 Acres of Mission Bay Commercial Sites From Housing Mandate
Unanimous endorsement of AB 2525 escalates a yearlong fight over whether California’s Surplus Land Act can reach into a dedicated public park to...
Five Point Posts Q1 Loss, Launches $40MM Buyback as California Land Sales Slide to Back Half
The Irvine developer is holding fire on major land deals until the third and fourth quarters, betting that patience preserves pricing power in...
State Compensation Insurance Fund Acquires 159,000 SQFT Pasadena Tower for ~$33MM, a 43%Discount to Swift’s 2019 Basis
California’s public workers’ compensation carrier plans to anchor the nine-story Class A building as a Southern California hub while leasing the balance to...
Kurv Industrial Doubles Down on Irvine With 348,000 SQFT Buy, Backed by $67.5MM PGIM Loan
Newly rebranded firm acquires Rivian-leased Irvine Spectrum asset from LBA Logistics, financing the deal with a Prudential-affiliated mortgage even as Orange County vacancy...
Macerich’s 2025 Annual Report Signals a Bifurcated Retail Market as REIT Reshapes West Coast Portfolio
The Santa Monica-based mall operator’s 10-K highlights record leasing, healthy retailer demand and the widening gap between fortress centers and lower-tier malls The...
Faulkner Capital Partners Acquires 86-Unit Hollywood Luxury Tower The Baxter for $33.9MM
The Class A multifamily asset at 1818 N Cherokee Avenue closed as-is with no retrades in under 30 days from PSA, trading above...
Walmart Commits $1.1B Five-Year Investment to California, Plans 56 Store Remodels in 2026
The world’s largest retailer is modernizing more than four dozen California locations this year as part of a national 650-store overhaul, doubling down...
California’s Tech Boom Masks a Shrinking Job Market, Beacon Economics Warns
The Information sector now drives more than 12 percent of state GDP, but hyper-productive Tech companies are generating wealth without generating employment—leaving California...
Los Angeles Industrial Construction Pipeline Shrinks 32% as AB 98 and Rising Vacancy Curb Speculative Development
With just 4.7 million square feet under construction and new regulatory constraints taking effect, the era of large-scale speculative warehouse building in Los...
