Sacramento
CEQA Overhaul Measure Lands 73% Support in New PPIC Poll, Handing California Developers an Early Tailwind
A new statewide survey shows commanding, cross-partisan support for a November ballot measure that would impose hard deadlines on California’s landmark environmental review...
California Unemployment Rate Falls to 5.2% in June, Lowest Since May 2024
California’s jobless rate ground down to its lowest level in more than a year even as employers trimmed payrolls for a second straight...
CalPERS Notches 14.8% Return as Real Assets Lag the Rally at 6.3%, Portfolio Swells to $637B
The nation's largest public pension fund rode a soaring stock market to its best investment year in more than a decade, but its...
California Sends $11.25B Housing Bond to November Ballot, with $5.1B Aimed at Multifamily Development
California’s governor and legislative leaders have struck a deal to ask voters for $11.25 billion in housing borrowing this November, channeling the single...
Dueling Transfer Tax Measures Put Billions in California Real Estate Revenue on the Line
A Howard Jarvis ballot initiative and a last-minute legislative compromise, AB 736, are racing toward a June 25 deadline that will determine how...
Trump Stalls Landmark Housing Bill Over Voter-ID Fight, Leaving West Coast Investors in Limbo
The 21st Century ROAD to Housing Act, the biggest federal housing package in a generation, cleared Congress with overwhelming bipartisan support, but President...
Plug-In Solar Bill Advances in Sacramento, Aiming at SoCal’s Nation-Leading Power Bills for Renters
A bipartisan measure to deregulate small, portable solar systems is moving through the Legislature, and nowhere are the stakes higher than in Southern...
CalPERS Deploys $2.95B Across Real Estate and Infrastructure, Anchored by $2B Top-Up to GIP Redwood Platform
The California Public Employees’ Retirement System has approved nearly $3 billion in new real assets commitments, concentrating the bulk of its firepower on...
Allen Matkins/UCLA Anderson Survey Finds CRE Distress Has Peaked as Deals Close Despite War-Driven Rate Spike
The Summer 2026 Allen Matkins/UCLA Anderson Forecast survey of California commercial real estate sentiment found that industry distress has peaked and transactions are...
California State Workers Weaponize CEQA to Block Newsom’s Four-Day Return-to-Office Order
A union of state attorneys is invoking California’s signature environmental law to halt a return-to-office mandate that would put 90,000 workers back on...
Grupe Company Returns to San Diego After 30 Years with 38-Unit Golden Hill Townhome Project
The Stockton-based developer takes over a stalled Golden Hill site as part of a strategic pivot toward smaller California infill, with pricing aimed...
California Jobs Engine Stalls in April as Unemployment Holds at 5.3%
The state shed 3,300 nonfarm payroll jobs even as a sixth straight monthly drop in the unemployed pool pointed to a labor market...
