Palm Springs
Southern California Hotel Openings Surge 128% as Gaylord Pacific in Chula Vista Anchors 2025 Rebound
Region adds 3,500+ rooms while pipeline contracts, reflecting cautious financing climate and replacement-cost focus statewide Southern California’s hotel market experienced a sharp acceleration...
Inland Empire Apartment Rents See Modest Rise as Sales Prices Jump 23.8% to $306,000 Per Unit
Third-quarter data shows vacancy tightening to 5.7 percent while construction pipeline contracts 42 percent year-over-year The Inland Empire’s multifamily housing market is experiencing...
Amazon Prepares Its Biggest Workforce Reduction in Years as AI Reshapes Corporate Operations
The e-commerce giant is set to cut up to 30,000 corporate jobs, signaling a shift toward automation and leaner management structures Amazon.com is...
Toba Capital’s $54MM Deal in El Segundo May Lead to Surf Park at Former Raytheon Hub
In a transaction that underscores the dramatic transformation of Southern California’s aerospace corridor, Toba Capital has acquired a 9-acre slice of the former...
Southern California Self-Storage Boom: 4.9MM SQFT Planned as Urban Density Drives Demand
Los Angeles metro and Inland Empire lead development pipeline with Gardena topping the list at 219,000 SQFT California’s self-storage market is experiencing a...
California Home Prices to Hit Record $905,000 in 2026 Despite Slow Recovery
Forecast predicts a 2 percent sales increase and a 3.6 percent price growth for 2026, but challenges remain California’s beleaguered housing market is...
Economic Development in Action: Insights from Indio’s Downtown Transformation and Regional Collaboration
This comprehensive Q&A features insights from two key leaders driving economic development in the Coachella Valley. Miguel Ramirez-Cornejo (MRC) serves as Economic Development Director for...
Shopoff Realty Sells Date Palm Interiors for $8MM in Cathedral City’s Desert Princess Community
CATHEDRAL CITY, Calif. – Sept. 10, 2025 – Shopoff Realty Investments (“Shopoff”), a national manager of opportunistic and value-add real estate investments, recently announced the sale...
Intervest Capital Partners & Builders Capital Provide $160MM Loan for 1,900-Unit Cotino Disney Community in Coachella Valley
BETHESDA, Md. – Walker & Dunlop, Inc. announced today that it has arranged a $160 million loan for a master planned community located in...
California Hotel Market Shows Mixed Signals in First Half as Foreclosure Sales Drove Activity
Transaction volume declines while dollar values rise amid continued buyer-seller disconnect California’s hotel sales market presented a complex and often contradictory picture in...
Palm Springs Advances $754MM ‘Renovate and Expand’ Phase of the Airport Master Plan
Palm Springs is moving forward with an initiative to modernize its aviation infrastructure, following the City Council’s approval of the Airport Master Plan...
California Hospitality Market Sees Decline in Openings but Prepares for Growth
The year 2024 was a transformative one for California’s hotel industry, defined by a mix of contraction and resilience, according to the latest...
