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FeaturedFinanceIndustry NewsLos AngelesOrange CountyResidentialSan Diego

Northern California Carries Essex as Bay Area Tech Demand Outpaces Seattle, Los Angeles in Q1

The West Coast’s largest multifamily REIT beat expectations as cap rate compression and a $62 million stock buyback signaled a private-public valuation gap....

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FeaturedFinanceIndustry NewsResidential

Lennar Posts Q1 Revenue Miss as Geopolitical Risks and Institutional Buyer Pullback Cloud Nation’s Largest Homebuilder

The company’s $6.62 billion quarter fell 13 percent short of the prior year, with management flagging a widening set of macro risks even...

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