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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...

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FeaturedFinanceIndustry NewsLos AngelesOrange CountyResidentialSan Diego

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....

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FeaturedIndustrialIndustry NewsInland EmpireLeasingLos AngelesOrange CountySan Diego

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...

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FeaturedIndustry NewsLos AngelesRetail

Macerich Bets $140MM NOI Lift on Anchor Overhaul and Gen Z-Driven Merchandising Strategy

The Santa Monica-based mall REIT is executing a two-year repositioning that has pushed leasing volume up 85 percent and committed replacements for all...

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