New York Stock Exchange
AvalonBay and Equity Residential Forge $69B Apartment Titan in All-Stock Merger of Equals
The combination of the nation’s two largest multifamily REITs creates a 180,000-unit powerhouse with dominant positions in Los Angeles, New York and Greater...
Macerich Doubles Down on West Coast Trophy Malls While Shedding Underperformers
The Santa Monica REIT’s Q1 2026 results reveal a portfolio strategy splitting Pacific Coast assets into two clear camps: properties worth fighting for...
Equity Residential Bets on Bellevue-Redmond as Seattle Apartment Market Trails San Francisco’s AI Recovery
The REIT’s 8,051-unit Seattle portfolio underperformed in Q1 2026, but executives see Eastside office momentum and migration patterns positioning the metro for a...
D.R. Horton Cuts Forecast as Affordability Bites Into Q2 Margins
America Builder’s $7.6 billion quarter showed disciplined execution, but Northwest closings tumbled 19 percent and gross margins compressed under the weight of elevated...
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...
Hudson Pacific’s $278MM Quarterly Loss Casts Shadow Over Seattle Portfolio as Amazon Anchor Holds but Pioneer Square Struggles
West Coast REIT posts fourth straight quarterly loss and $572MM full-year deficit while nine-property Puget Sound platform shows 69.5 percent occupancy and Washington...
Macerich Trims Oregon Holdings With $31MM in Washington Square Outparcel Sales While Retaining Two Portland and Eugene Centers
The mall REIT sold a retail strip center and an outparcel at its Washington Square property in Portland during Q4 2025, while both...
Fairfax Financial and CEO McMorrow to Take Kennedy Wilson Private in $1.65 Billion All-Cash Deal
The Beverly Hills-based real estate investment firm will delist from the NYSE after a management-led buyout backed by its longtime Canadian insurance partner....
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...
Hudson Pacific Properties Announces Reverse Stock Split
LOS ANGELES- Hudson Pacific Properties, Inc. (“Hudson Pacific” or the “Company”) (NYSE: HPP) today announced that it will effect a 1-for-7 reverse stock split (the...
Kennedy Wilson CEO Leads Buyout Bid in Going Private Deal
McMorrow-led consortium offers 38 percent premium to take real estate firm private as company pivots toward fee-based business Kennedy Wilson Holdings is the...
Hudson Pacific Properties Reports $80.3MM Net Loss in Q1 2025 Amid Office Market Headwinds
Hudson Pacific Properties (NYSE: HPP) reported a significant net loss of $80.3 million for the first quarter of 2025, a 50.5 percent increase...
