Maryland
Essex Property Trust Taps Bond Market for $350MM to Refinance Maturing Debt
West Coast apartment REIT issues 11-year senior notes at nearly 5 percent as it manages upcoming debt maturities Essex Property Trust, one of...
Pebblebrook Hotel Trust Sells 133-Room Montrose at Beverly Hills for $44.25MM
REIT offloads West Hollywood property as part of ongoing asset optimization strategy Pebblebrook Hotel Trust completed the sale of the Montrose at Beverly...
Lack of Middle Class Housing Drives West Coast Exodus As California, Oregon, and Washington Face Historic Migration Reversal
After decades of drawing Americans westward, the Pacific Coast states are experiencing a dramatic demographic shift that could reshape regional economies and political...
Lincoln Property & Artemis Snap Up 250,000 SQFT Orange County Warehouse in $67MM Deal
Paper Mart’s former headquarters represents a bet on Southern California’s industrial real estate market as landlords eye post-pandemic tenant demand Lincoln Property Co....
Alexandria Real Estate’s Struggles Deepen with Fourth Consecutive Quarterly Loss as Life Science Downturn Continues
Quarterly loss and major asset write-downs signal ongoing challenges for pioneering life science REIT Alexandria Real Estate Equities reported its fourth consecutive quarterly...
Interstate Equities Secures $145MM Financing for 400-Unit Bryant at Yorba Linda Multifamily Property
(EDITOR’S NOTE: According to public documents reviewed by The Registry, the property, located at 25550 River Bend Dr. in Yorba Linda, was purchased by...
Realterm Acquires 4.2-Acre Pico Rivera Industrial Site from Rexford Industrial for $17.3MM
Industrial real estate investment trust Rexford Industrial Realty has divested a low-coverage industrial site in Pico Rivera, California, for $17.3 million, capitalizing on...
Los Angeles County’s Affordable Housing Agency Eyes $2 Billion Funding Strategy
LACAHSA could leverage private investment and bond markets to dramatically scale affordable housing production beyond initial Measure A revenues The Los Angeles County...
California Bucks National Trend with Monthly Construction Gains Amid Regional Workforce Shortage
California gains jobs monthly while facing annual decline; Washington posts steepest year-over-year losses; Oregon data suggests regional challenges Construction employment across the West...
Frito-Lay Ends Snack Production in Rancho Cucamonga After 55 Years, Impacting Hundreds of Jobs
A long-standing chapter in California’s manufacturing history quietly came to a close last week as Frito-Lay ceased all production operations at its Rancho...
LocalWorks Plans Expansion as Pandemic Accelerates Flexible Workspace Movement
By Catherine Sweeney The commercial office market has changed dramatically since the start of COVID-19, leading many companies to shift their thinking from...
