Evercore ISI
Northern California Carries Essex as Bay Area Tech Demand Outpaces Seattle, Los Angeles in Q1
The West Coast’s largest multifamily REIT beat expectations as cap rate compression and a $62 million stock buyback signaled a private-public valuation gap....
Rexford Industrial Posts Record 4.1MM SQFT Leasing Quarter as SoCal Industrial Market Searches for Bottom
The infill Southern California landlord raised full-year guidance and accelerated share buybacks even as re-leasing spreads turned negative and vacancy ticked higher across...
Lennar Posts Q1 Revenue Miss as Geopolitical Risks and Institutional Buyer Pullback Cloud Nation’s Largest Homebuilder
The company’s $6.62 billion quarter fell 13 percent short of the prior year, with management flagging a widening set of macro risks even...
KKR Posts Record Quarter as Insurance and Credit Fuel Growth Machine
The investment giant raised $43 billion in its second-largest fundraising quarter ever, driven by its insurance business and expanding credit platform KKR &...
Blackstone Sees Commercial Real Estate Recovery on Horizon as Supply Drops and Capital Costs Ease
Private equity giant reports stable property values in Q2 while positioning for market turnaround Blackstone Inc., the world’s largest alternative asset manager, signaled...
