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February 12, 2025 | By Rachel ScheierUber, Golden State Warriors secure $500 million loan in refinancing of San Francisco office buildings

Uber and the Warriors own the properties near the Chase Center arena in a joint venture with developer Alexandria Real Estate Equities

Uber has secured a $500 million refinancing loan on its San Francisco headquarters with the help of its neighbor, the Golden State Warriors, and developer Alexandria Real Estate Eq...

February 12, 2025 | BY RACHEL SCHEIER
February 11, 2025 | By Brannon BoswellMillennium Partners pitches what could be the tallest tower in Beverly Hills

At 34 floors, residential tower could reshape skyline of city in Los Angeles County

A proposed mixed-use tower could change the skyline of one of America's most upscale cities.

February 11, 2025 | BY BRANNON BOSWELL
February 11, 2025 | By Brannon BoswellWhy California is losing movie and TV production to non-US rivals

Canada, UK outpace Hollywood's home state as Los Angeles invests in soundstages

Movie and television production firms are increasingly doing business outside the United States, prompting top entertainment hubs like Los Angeles to try to add high-tech soundstag...

February 11, 2025 | BY BRANNON BOSWELL
February 11, 2025 | By Katie BurkeKilroy Realty 'proactively assessing' development pipeline as it adapts to shifting office market

West Coast landlord weighs potential acquisitions, new project uses to position portfolio for evolving recovery

Kilroy Realty spent last year positioning itself to take full advantage of the emerging office market recovery, efforts that are now putting the landlord at the forefront of what i...

February 11, 2025 | BY KATIE BURKE
February 11, 2025 | By Rachel ScheierFacebook parent company looks to offload Silicon Valley office space it never occupied

Meta scouting for takers for three redeveloped office buildings in Burlingame

In late 2021 — over a year into the pandemic and mass shift to remote work — the parent company of Facebook and Instagram snapped up several Silicon Valley offices in a deal one de...

February 11, 2025 | BY RACHEL SCHEIER
February 11, 2025 | By Mark HeschmeyerCMBS loan to fund Blackstone’s $4 billion takeover of grocery center REIT

Retail Opportunity Investments owns portfolio of West Coast shopping centers

Private equity giant Blackstone was scheduled to close Wednesday on its $4 billion acquisition of Retail Opportunity Investments Corp., a real estate investment trust that owns 93 ...

February 11, 2025 | BY MARK HESCHMEYER
February 11, 2025 | By Ryan OriDeveloper fills massive warehouse that was built on speculation near Chicago

CenterPoint lands RJW Logistics Group at Joliet, Illinois, facility completed in late 2023

A major developer of logistics space has landed a tenant a nearly 1 million-square-foot facility that it completed on speculation in late 2023 along Interstate 55 southwest of Chic...

February 11, 2025 | BY RYAN ORI
February 11, 2025 | By Brannon BoswellNew ordinance bets on density to solve Los Angeles housing crisis

Officials plan to build bigger, denser housing, but critics say plans fall short of goals

Los Angeles officials have approved a rezoning plan to encourage more housing development in already dense areas to help increase inventory and ease affordability concerns in one o...

February 11, 2025 | BY BRANNON BOSWELL
February 11, 2025 | By Joshua S. AndinoFinancial tech company to close office in Tampa, Florida

Wise plans to consolidate its Americas operations

London-based financial technology firm Wise is planning to close its office in Tampa, Florida, and lay off more than 300 employees as it consolidates its Americas operations.

February 11, 2025 | BY JOSHUA S. ANDINO
February 11, 2025 | By Garry MarrCanadian Apartment Properties expands in western provinces

REIT grows in region as it updates portfolio with sales of older assets

Canadian Apartment Properties REIT, the largest publicly traded residential landlord in the country, is spending $97.6 million on two apartment buildings as it solidifies its holdi...

February 11, 2025 | BY GARRY MARR
February 11, 2025 | By Linda MossHere’s where Bargain Hunt is closing its 92 stores

Discount chain begins liquidation as part of Chapter 11 bankruptcy

Discount chain Bargain Hunt is slated to liquidate and close all its 92 stores by the end of the month as it becomes the latest U.S. retailer to file for Chapter 11 protection this...

February 11, 2025 | BY LINDA MOSS
February 11, 2025 | By Lou HirshFord CEO warns of ‘chaos’ from steel tariffs; Office attendance holds near peak; Small business optimism declines

What you need to know to start your day

Ford CEO warns of ‘chaos’ from steel tariffs

February 11, 2025 | BY LOU HIRSH
February 11, 2025 | By Jonathan LehrfeldMeridian completes massive industrial building in emerging corridor near DC

Firm invests in speculative development in Virginia's growing Shenandoah Valley

Construction wrapped up on a more than 1 million-square-foot logistics facility in a Washington, D.C., exurb that has emerged as a manufacturing hub in Virginia's Shenandoah Valley...

February 11, 2025 | BY JONATHAN LEHRFELD
February 11, 2025 | By Mark HeschmeyerAshford refinancing secures some hotels, leaves others at risk

CMBS deal only covers portion of $980 million in defaulted debt

Ashford Hospitality Trust, a real estate investment trust that’s struggled financially from the fallout from the pandemic, has won new financing to pay off nearly $440 million in d...

February 11, 2025 | BY MARK HESCHMEYER
February 11, 2025 | By Ryan OriApartments west of Chicago sell for $72 million, adding to recent run of deals

Laramar Group buys ReNew Downers Grove complex from FPA Multifamily

A 294-unit apartment complex west of Chicago has sold for just over $72 million, adding to a string of recent large deals in the suburbs.

February 11, 2025 | BY RYAN ORI
February 11, 2025 | By Andy PetersDesign of Nashville apartment tower pays homage to former dairy plant located on site

Construction starts on first of three towers planned for Motley project

The supply of apartments in midtown Nashville, Tennessee, is growing larger as construction starts on a 27-story high-rise tower on the site of a former Dean Foods dairy plant.

February 11, 2025 | BY ANDY PETERS
February 11, 2025 | By Tony WilbertLongtime developer touts project to connect downtown, midtown Atlanta

'We have a lot going on,' Central Atlanta Progress President A.J. Robinson says

Central Atlanta Progress President A.J. Robinson, who spent a chunk of his career leading global developer Portman Holdings, is touting Atlanta's progress toward constructing a par...

February 11, 2025 | BY TONY WILBERT
February 11, 2025 | By Andy PetersFully leased Atlanta-area industrial park near Hyundai plant trades hands

BGO acquired two-building portfolio in Cartersville, Georgia, from Hillwood

Hillwood Development sold a two fully leased industrial properties in suburban Atlanta located near a multibillion-dollar electric vehicle battery plant that is being built by a Hy...

February 11, 2025 | BY ANDY PETERS
February 11, 2025 | By Katie BurkeVornado points to 'landlord's market' as demand for premium New York office space soars

Executives say rents will spike as tenants compete over limited amount of high-end options

When it comes to optimism over the trajectory of New York City's office market, landlord Steven Roth's glass isn't just half full, it's nearly spilling over.

February 11, 2025 | BY KATIE BURKE
February 11, 2025 | By Rachel ScheierInvestor scoops up Silicon Valley R&D property leased to Microsoft

Ellis Partners acquires two-building Mathilda Tech Park in Sunnyvale

A local investor has picked up a two-building Silicon Valley research and development property that is fully leased to Microsoft.

February 11, 2025 | BY RACHEL SCHEIER
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