SEC
GSA Renews 95,000 SQFT at 725 S. Figueroa in Downtown LA Amid Federal Consolidation Efforts
The General Services Administration has renewed its lease for 94,910 square feet at 725 South Figueroa Street in downtown Los Angeles, marking the...
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...
Macerich Rides Leasing Surge in Southern California Mall Revival
The Santa Monica-based REIT is outpacing targets as luxury and digitally-native brands flock to its California properties The Macerich Company is experiencing what...
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...
Starbucks to Close ~130 Underperforming Stores in $1 Billion Restructuring as CEO Niccol Accelerates ‘Back to Starbucks’ Turnaround
Coffee giant to shutter locations that can’t meet brand standards and cut 900 corporate roles as part of strategy to refocus on customer...
SEC Reverses Course, Extends 58,000 SQFT Los Angeles Lease at 444 S. Flower Through 2029
Decision marks retreat from DOGE-driven federal real estate cuts as agency prioritizes regional enforcement capabilities The Securities and Exchange Commission has renewed its...
Hudson Pacific Properties Reports Widening Losses Despite Strategic Restructuring
Real estate investment trust reports $83.1 million quarterly loss as office occupancy challenges persist Hudson Pacific Properties Inc. (HPP) reported deepening financial losses...
DR Horton & Pulte Weather Volatile Demand with Record Incentives as Affordability Crisis Reshapes Market
Major homebuilders report mixed results as industry grapples with volatile demand and rising incentives The U.S. housing market continues to face significant headwinds...
Five Point Holdings Leverages Irvine’s Land Constraints for Premium Valuations, Eyes Residential Conversion of Commercial Properties
Five Point Holdings, LLC (NYSE: FPH) reported impressive first-quarter results for 2025, exceeding guidance with net income of $60.6 million, approximately $10 million...
