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Lennar Reports Challenging Quarter as West Coast Markets Face Housing Headwinds
Nation’s largest homebuilder maintains volume strategy despite margin pressure and particular softness in Pacific Northwest and California Lennar Corporation, one of America’s largest...
CommercialFinanceIndustry NewsLos Angeles
Lincoln Property & Strategic Value Partners Secure $197MM Blackstone Loan for The Bluffs at Playa Vista Acquisition
In Los Angeles’ Silicon Beach office market, Lincoln Property Company, in partnership with Strategic Value Partners (SVP), has secured a $197 million acquisition...
CommercialIndustry NewsInland EmpireLos AngelesOrange CountySan Diego
Google Anticipates $500MM in Exit Costs Related to Consolidating Office Space in the First Quarter of 2023
By Kate Snyder As tech companies look to decrease their office footprints, Google’s parent company, Alphabet, Inc., announced that it anticipates absorbing about...
CommercialIndustry NewsLos AngelesOrange CountySan Diego
Meta Plans $2B in Charges to Get Out of Leases in 2023, Already Spent $1.3B in Second Half of 2022
By Vladimir Bosanac The economic realities are hitting one of the world’s largest technology firms. In its third-quarter earnings call earlier this week,...
