Los Angeles
Macerich Bets $140MM NOI Lift on Anchor Overhaul and Gen Z-Driven Merchandising Strategy
The Santa Monica-based mall REIT is executing a two-year repositioning that has pushed leasing volume up 85 percent and committed replacements for all...
Bay Area Swallows Q1 Venture Capital as Seattle and Los Angeles Fall Further Behind
OpenAI, Anthropic and xAI concentrate $221.1 billion in Northern California while Southern California and the Pacific Northwest scrape single-digit billions in a market...
AI Set to Flatten Office Job Growth Through 2030, Pushing U.S. Vacancy to 21.5%, Newmark Finds
A new Newmark research report forecasts that artificial intelligence will moderate office-using employment to near-zero growth over the next five years, reshaping demand...
Carmel Partners Closes Fund 9 at $1.35 Billion
SAN FRANCISCO, April 7, 2026 – Carmel Partners (“Carmel”) announced today the final close of Carmel Partners Investment Fund 9, its U.S. multifamily real estate value...
Spring Break Rebound Pushes U.S. Office Occupancy Past 54%, but a Stark Regional Divide Persists
The latest Kastle Systems data reveals accelerating return-to-office momentum nationally, with Texas metros nearing pre-pandemic attendance and Class A+ buildings approaching full capacity—while...
Federal Reserve Holds Rates Steady at March Meeting as Oil Price Spike Clouds Outlook
Wells Fargo economists expect two rate cuts remain on the table in 2026, though elevated inflation from energy costs could push the timeline...
Consumer Spending Shows Early Signs of Caution as Income Strength Meets Emerging Headwinds
A modest gain in January spending masks slowing discretionary activity, while rising gasoline prices tied to the Iran conflict threaten to weigh on...
Multifamily Surge Lifts January Housing Starts But Falling Permits Signal Sluggish Outlook
A 29.9 percent jump in multifamily starts masked underlying weakness in single-family construction, with total permits declining 5.8 percent year-over-year to open 2026...
Rising Oil Prices Cloud U.S. Growth Outlook as Labor Market Stalls, Analysts Warn
The bank’s March economic outlook trims consumer spending forecasts and raises inflation expectations amid the Iran-driven energy shock, while still projecting the expansion...
February CPI Shows Disinflation Losing Momentum as Energy Costs Surge
Wells Fargo economists warn that a developing Middle East conflict could push energy goods prices sharply higher in March, complicating the Federal Reserve’s...
Small Business Optimism Drops for Second Straight Month as Capex and Hiring Weaken
Sales and earnings gains offer a counterweight, but labor market softness and sticky inflation cloud the outlook for small firms nationwide Small business...
Existing Home Sales Post Modest February Rebound but Affordability Headwinds Persist
A pickup in single-family resales drove the monthly gain, though condo sales contracted for a second straight month and mortgage application data signals...
