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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...

apartment building facade
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...

Worker in an office
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...

Locked self storage unit.
CommercialFeaturedIndustry NewsLos Angeles

Los Angeles Ranks Among Top U.S. Markets for Self Storage Conversions as Office Buildings Find New Life

With more than 226,000 square feet of conversion projects underway, the city’s adaptive reuse pipeline extends well beyond the housing sector. Los Angeles...

FeaturedIndustry NewsRetail

Amazon Pulls the Plug on Fresh and Go Stores in Strategic Retreat from Grocery Ambitions

The e-commerce giant is shuttering all 72 experimental retail locations as it refocuses on Whole Foods and delivery Amazon.com Inc.’s bold experiment in...

Loan
AECFinanceIndustry NewsLife ScienceSan Diego

Bank OZK Sells $265MM Life Sciences Construction Loan for Sterling Bay’s 500,000 SQFT Pacific Center Property in Sorrento Mesa

In a move that breaks from its traditional playbook, Arkansas-based Bank OZK has unloaded one of its largest construction loans, marking what analysts...

Industrial warehouses
IndustrialIndustry NewsOrange County

SoarDist Displays Secures 30,000 SQFT Industrial Space in Garden Grove for West Coast Expansion

Chicago-based wholesale supplier SoarDist Displays & Apparel has signed an 89-month lease for approximately 30,000 square feet of industrial space at 7089–7091 Belgrave...

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