West Coast
Equity Residential Earnings: Entertainment Industry Woes Drag Down LA Rental Market Performance
Apartment giant reports 5.8 percent rent growth in San Francisco while LA market underperforms expectations Equity Residential’s second-quarter earnings call revealed a stark...
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...
Essex Property Trust Delivers Strong Q2 Results, Signaling Resilient West Coast Multifamily Market
REIT beats guidance, raises full-year outlook as regional fundamentals show surprising strength despite supply pressures Essex Property Trust delivered a standout second quarter,...
Manhattan Beach Property Tests Crypto Real Estate Waters with $12MM Bitcoin Listing
A beachfront multifamily property in Manhattan Beach has entered the market at $12 million, $857,142 per unit, with an unusual twist: the seller...
Kilroy Realty Reports Strong, 39% Net Income Increase in Q2 Performance Despite Office Market Headwinds
REIT raises full-year guidance as leasing momentum accelerates and strategic asset sales provide capital flexibility Kilroy Realty Corporation delivered robust second-quarter results that...
University of Michigan Ross School Establishes Permanent Los Angeles Campus
Elite business school joins growing trend of East Coast universities expanding West Coast presence The University of Michigan’s Ross School of Business is...
American Assets Trust Acquires San Diego’s 192-Unit Genesee Park for $67.9MM
In a significant multifamily real estate transaction, American Assets Trust has purchased Genesee Park, a 192-unit multifamily property in San Diego, for $67.9...
San Pedro Bay Ports Log Strongest Second Half on Record
The San Pedro Bay ports of Los Angeles and Long Beach have cemented their position as critical hubs in the global supply chain,...
West Coast Multifamily Market Shows Resilience Amidst Economic Shifts
Essex Portfolio Highlights Strengths in a Moderating Multifamily Landscape The West Coast multifamily market continues to demonstrate remarkable resilience in a real estate...
Report: Officials Optimistic About West Coast Commercial Markets
By Kate Snyder Across the West Coast, experts are generally optimistic about the construction industry’s impact on commercial real estate despite some of...
