Goldman Sachs
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...
Macerich Doubles Down on West Coast Trophy Malls While Shedding Underperformers
The Santa Monica REIT’s Q1 2026 results reveal a portfolio strategy splitting Pacific Coast assets into two clear camps: properties worth fighting for...
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....
Netflix Nears $330MM to $400MM Deal for 55-Acre Radford Studio Center in Studio City
The streaming giant’s planned purchase from Goldman Sachs would value the historic lot at roughly 80 percent below its 2021 sale price, signaling...
Cerberus Capital Faces Foreclosure on 476,000 SQFT Wedbush Center in Downtown Los Angeles After $135MM Default
The 22-story office tower at 1000 Wilshire Boulevard has lost 69 percent of its appraised value since 2018 as occupancy collapses and its...
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...
Walmart Pays $111.5MM for 507,000 SQFT Riverside Warehouse
The LEED-certified Burke Sycamore Business Park at 1001 Columbia Avenue traded at approximately $220 per square foot from State Street, which collected a...
East End Studios Delivers $230MM Soundstage Campus in LA Arts District Amid Soft Production Market
The 255,000-square-foot complex adds five purpose-built soundstages to the nation’s largest soundstage market, where occupancy has dropped to the low-60 percent range from...
AI’s Toll on Customer Service Signals Broader Workforce Reckoning as Tech Spending Reshapes Markets
New survey data shows customer support hiring has cratered by nearly two-thirds in two years, even as historical patterns suggest AI will ultimately...
Fairfax Financial and CEO McMorrow to Take Kennedy Wilson Private in $1.65 Billion All-Cash Deal
The Beverly Hills-based real estate investment firm will delist from the NYSE after a management-led buyout backed by its longtime Canadian insurance partner....
Tishman Speyer & Bellco Capital Secure $465MM CMBS Financing for Torrey Heights Life Sciences Campus in San Diego
Joint venture refinances San Diego biotech property with five-year loan from J.P. Morgan Chase, Deutsche Bank and Goldman Sachs Tishman Speyer and Bellco...
Hackman Capital Partners Defaults on $1.1 Billion Radford Studio Loan as Hollywood Production Slump Takes Toll
World’s Largest Independent Studio Owner to Surrender Historic LA Facility to Goldman Sachs-Led Lender Group Hackman Capital Partners, the world’s largest independent studio...
