Southern California
NY State Pension Fund Taps Bridge Investment for $600MM Logistics Fund Targeting California and Pacific Northwest, Adds $181MM in Apartments
Pension fund establishes dedicated development vehicle while adding nearly $181 million in West Coast apartments to direct holdings The New York State Common...
Hudson Pacific Properties Slashes Q4 Outlook After Major Asset Sale
Hudson Pacific Properties lowered its fourth-quarter earnings forecast as the real estate investment trust grapples with falling occupancy and the offloading of a...
High-Income Job Losses Dampen West Coast Housing Markets
Tech-driven metros face unprecedented employment headwinds as professional services shed workers The West Coast’s vaunted job engine is sputtering. From Seattle to San...
PwC + ULI: AI Revival Lifts West Coast Real Estate from Its Post-Pandemic Slump
After years of dislocation and declining investor confidence, the West Coast’s real estate markets are finally showing signs of stabilization—and, in some cases,...
Pacific Northwest Apartment Market Shows Resilience as AvalonBay Reshuffles Portfolio
Seattle-area properties deliver solid rent growth while REIT executes strategic asset swaps AvalonBay Communities’ Pacific Northwest portfolio posted one of the stronger performances...
Seattle Landlord Kilroy Realty Posts Mixed Q3 as Portfolio Reshuffling Drives Income Surge
West Coast REIT holds steady in Puget Sound market while banking big on California asset sales and Beverly Hills bet Kilroy Realty Corporation,...
Amazon Prepares Its Biggest Workforce Reduction in Years as AI Reshapes Corporate Operations
The e-commerce giant is set to cut up to 30,000 corporate jobs, signaling a shift toward automation and leaner management structures Amazon.com is...
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,...
DR Horton & Pulte Weather Volatile Demand with Record Incentives as Affordability Crisis Reshapes Market
Major homebuilders report mixed results as industry grapples with volatile demand and rising incentives The U.S. housing market continues to face significant headwinds...
West Coast Hotel Market Shows Resilience Despite Economic Headwinds
Southern California and Pacific Northwest lead recovery efforts as industry faces supply surge and foreign visitor challenges The West Coast hospitality sector is...
DivcoWest Secures Major Pension Fund Backing for New $1.5B Distressed Real Estate Fund
Massachusetts pension fund commits $150 million as real estate firm targets $1.5 billion for opportunistic strategy amid market recovery Massachusetts Pension Reserves Investment...
Prologis Delivers Strong Q1 2025 Results Despite Market Caution
Industrial real estate giant reports 10.9 percent increase in Core FFO per share, maintains full-year guidance amid economic uncertainty Prologis, Inc. (NYSE: PLD),...
