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homes under construction
FeaturedFinanceIndustry NewsResidential

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...

Riverside, California
FinanceIndustrialIndustry NewsInland Empire

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...

Studio set up
AECCommercialIndustry NewsLos Angeles

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...

McNellis Partners, International Council of Shopping Centers, ICSC, ULI, Retail, Palo Alto
FeaturedIndustry News

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...

puzzle pieces coming together
FeaturedFinanceIndustry News

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....

lab photo
FinanceIndustry NewsLife ScienceSan Diego

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...

studio soundstage with cameras and equipment
CommercialFinanceIndustry NewsLos Angeles

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...

Los Angeles skyline
FinanceIndustry NewsLos AngelesResidential

MetLife Sells 152-Unit LA Apartment Tower at 717 W Olympic for $69MM

Buyer secures $56.8 million financing as downtown market faces elevated vacancy and supply pressures MetLife has offloaded a 22-story apartment tower in Downtown...

mathieu-stern-1fzyz-bmKBw-unsplash-finance
FinanceIndustry News

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 &...

office workers
CommercialFeaturedIndustry News

Office Workers Are Coming Back—And This Time, They’re Staying

After a summer slump, September's foot traffic data signals a turning point in America's return-to-office saga The great return-to-office debate appeared to have...

Anaheim, CA Skyline
CommercialFinanceIndustry NewsOrange County

Angelo Gordon Lists 69,000 SQFT Anaheim Office Building Six Years After $14.53MM Purchase

Private equity firm seeks buyer for office property across from Angel Stadium The commercial real estate market in Orange County could soon see...

Aerial view of Newport Beach, California
CommercialFinanceIndustry NewsOrange County

MetLife Acquires Loan on 376,800 SQFT Newport Beach Office Towers for $70MM

377,000 SQFT Koll Center Newport Changes Hands After $108MM Loan Default The commercial real estate distress cycle continues to reshape Orange County's office...

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