San Jose
Office Properties Income Trust Files for Bankruptcy as Remote Work Era Takes Another Casualty
Office REIT seeks to shed $1 billion in debt through Chapter 11 restructuring, the latest sign of distress in commercial real estate Office...
Manufacturing Slump Deepens to Eight Months as Industry Index Remains Below Expansion Threshold in October
Tariff uncertainty shifts from speculation to concrete business impact American manufacturers are confronting mounting challenges as the sector’s contraction enters its eighth consecutive...
Retail Real Estate Shows Recovery Signs with 5MM SQFT of Net Absorption in Q3
Sector rebounds from rare back-to-back declines as consumer spending resilience bolsters holiday outlook The commercial retail sector is demonstrating renewed strength as the...
Fed Delivers Quarter-Point Interest Rate Cut as Possible Further Reduction Hangs in the Balance
With inflation still above target and job growth soft, the FOMC signals a higher bar for another cut while announcing an early end...
Consumer Confidence Falls to 94.6 in October as Job Worries Mount
Third straight monthly decline reflects persistent labor market concerns and rising inflation expectations Americans are growing increasingly uneasy about their economic prospects, with...
Federal Reserve Faces Murkier Path as September Inflation Data Offers Mixed Signals
Core CPI rises 0.23 percent while government shutdown threatens October data release The Federal Reserve’s approach to interest rates just became more complicated....
BRIDGE Housing Bond Issue Exceeds Expectations, Raising $175MM to Accelerate Development and Acquisition of Affordable Housing
SAN FRANCISCO – BRIDGE Housing, the leading nonprofit affordable housing provider on the West Coast, has closed on $175 million in taxable general obligation...
Blackstone Surges Past Expectations as Real Estate Shows Signs of Life
Private equity giant posts 50 percent earnings jump on record inflows, signaling potential end to property market doldrums Blackstone Inc. delivered a resounding...
Holiday Spending Expected to Rise 3.5-4% Despite Consumer Anxiety and Tariff Pressures
Wells Fargo forecast points to decent but below-average retail season as inflation concerns and early shopping reshape traditional patterns American consumers are heading...
Home Builder Confidence Climbs in October as Mortgage Rates Ease to 6.3%
NAHB index rises five points in October, with future sales expectations seeing the largest jump since January The residential construction industry is showing...
Wells Fargo: Inflation Holds Firm at 3.1% as Tariffs and Demand Keep Pressure on Prices
Federal shutdown delays data release, but Wells Fargo expects sticky inflation through mid-2026 The American consumer’s ability to keep spending is proving to...
Prologis Rides E-Commerce Wave to Record Quarter, Eyes Data Center Gold Rush
The logistics real estate giant posted its strongest leasing quarter ever while pivoting to capitalize on AI’s insatiable appetite for power In a...
