United States
JRK Property Holdings Acquires Historic 401-Unit Sherman Oaks Apartment Complex for $129MM
Los Angeles investment firm pays $321,695 per unit for Chase Knolls, signaling continued confidence in San Fernando Valley multifamily market Los Angeles-based JRK...
76,000 SQFT Grocery-Anchored Shopping Center in Ventura Hits the Market for $33.71MM
A 76,070-square-foot grocery-anchored neighborhood shopping center at 5688 Telephone Road in Ventura has been brought to market. The property, known as Ventura Village,...
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...
Optimism Outpaces Reality: Small Business Sentiment Climbs While Sales Lag
Small business confidence saw a meaningful resurgence in May 2025, reversing its early-year slump, according to the latest report from Wells Fargo Economics....
Nonresidential Construction Drives Hiring Growth Amid Tight Labor Market and Slower Industrywide Expansion
The U.S. construction industry showed modest employment gains in May, reflecting divergent momentum across residential and nonresidential sectors. According to the latest data...
Consumer Confidence Rebounds in May Amid Trade Truce, But Lingering Pessimism Persists
Consumer confidence staged a notable rebound in May following five consecutive monthly declines, according to the latest report from Wells Fargo Economics. The...
Cruzan Lists 76,000 SQFT Flex Property in Thousand Oaks for Sale
A partially leased 76,306-square-foot flex building at 2201 Corporate Center Drive in Thousand Oaks has been brought to market. The 4.45-acre property, positioned...
Existing Home Sales Drop in March as Affordability Strains Weigh on Buyers
Existing home sales in the United States took a significant step back in March 2025, declining 5.9 percent to a seasonally adjusted annual...
Labor Market Holds Firm in April, But Cracks Emerge Amid Policy Uncertainty
The U.S. labor market demonstrated continued resilience in April, with nonfarm payrolls rising by 177,000, according to the latest Wells Fargo Economics report....
Construction Spending Declines in March as Economic Pressures Mount
Construction spending in the United States fell more than expected in March 2025, highlighting the mounting strain that high interest rates and macroeconomic...
Animal Spirits Index, Measuring Confidence, Hope, Fear, and Pessimism Turns Negative in March Amid Rising Trade Uncertainty
The Animal Spirits Index (ASI) in the United States slipped back into negative territory in March 2025, reaching -0.34, according to the latest...
Build-to-Rent Housing Surge Reaches New Heights Across U.S.
The U.S. single-family rental (SFR) market is undergoing a major expansion, driven by evolving renter preferences and sustained housing demand. In 2024, the...
