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FinancePeople on the Move

JLL Names Capital Markets Chief Mark Gibson Its First U.S. Country CEO, Taps Kevin MacKenzie as Successor

JLL has elevated Mark Gibson, the former HFF chief who has run its Americas capital markets business for seven years, into a newly...

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People on the Move

JLL Elevates Paul Morgan to Chief Operating Officer in Accelerate 2030 Platform Push

The Chicago-based real estate giant has consolidated its enterprise operations under a single new executive as it moves to run as one unified,...

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CommercialFeaturedIndustry NewsLeasing

Data Center Vacancy Hits Near Zero as AI Demand Outruns Power and Permitting

With vacancy at essentially zero and tenants signing leases three years before space delivers, Digital Realty Chief Executive Officer Andy Power and CBRE's...

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FinanceHospitalityIndustry NewsLos Angeles

Pebblebrook Clinches $43.5MM Sale of Chamberlain West Hollywood, Pushes Disposition Tally Past $1B

The REIT's retreat from Los Angeles hospitality is now funding debt reduction, preferred equity retirement and share buybacks rather than reinvestment. Pebblebrook Hotel...

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FinanceIndustry NewsLife ScienceSan Diego

Sterling Bay, Harrison Street Land $290MM Refinancing for 525,000 SQFT Pacific Center in San Diego

Peregren Capital Group provided the loan, which includes $162.5 million of future funding, as the joint venture pushes leasing at its newly delivered...

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CommercialFeaturedIndustry NewsLeasingLos Angeles

Los Angeles Sits Out the AI Office Boom Lifting Bay Area and Manhattan

Tech leasing in Los Angeles grew modestly in 2025 but ranked outside the top tier of tech gateways, as artificial intelligence capital and...

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FeaturedFinanceIndustry NewsResidential

AvalonBay and Equity Residential Forge $69B Apartment Titan in All-Stock Merger of Equals

The combination of the nation's two largest multifamily REITs creates a 180,000-unit powerhouse with dominant positions in Los Angeles, New York and Greater...

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FeaturedIndustrialIndustry NewsInland EmpireLeasingLos AngelesOrange CountyResidentialSan Diego

Healthcare and New Development Prop Up Orange County as Job Growth Stalls Across Southern California

UCLA Anderson Forecast finds the region's labor market frozen even as gross county product climbs, with housing affordability and AI-driven layoffs reshaping the...

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CommercialFeaturedFinanceIndustry News

Blackstone Mortgage Trust Covers Dividend Third Straight Quarter as Platform Pivots Toward Data Centers and Net Lease

The $19.7 billion CRE lender posted a GAAP net loss but distributable earnings cleared the dividend hurdle, signaling that a portfolio reset built...

apartment building
FeaturedFinanceIndustry NewsResidential

Apartment Titans AvalonBay and Equity Residential Eye $50B Merger That Could Redraw US Rental Map

The two largest US apartment REITs are in early-stage talks on a combination that would create a roughly 200,000-unit landlord and reignite REIT...

FeaturedIndustry NewsLife Science

U.S. Life Sciences Vacancy Tops 70% of New Deliveries as 60MM SQFT Pipeline Reshapes Market

Savills says supply surge from pandemic-era development boom is outpacing demand, leaving major lab projects unleased across key hubs A development cycle that...

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CommercialFeaturedIndustry News

Spring Break Rebound Pushes U.S. Office Occupancy Past 54%, but a Stark Regional Divide Persists

The latest Kastle Systems data reveals accelerating return-to-office momentum nationally, with Texas metros nearing pre-pandemic attendance and Class A+ buildings approaching full capacity—while...

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