Newmark has been appointed exclusive leasing agent for 130 Mercer, the Scholastic Building in SoHo, on behalf of the new owner, Empire State Realty Trust (ESRT), which paid $386 million to acquire it... Read more »
Institutional Property Advisors (IPA), a division of Marcus & Millichap, closed the sale of Hancock Terrace, a 272-unit multifamily property in Santa Maria on California’s Central Coast. It traded for $75 million, or $275,735 per... Read more »
CIM Group has completed The Read, a 75-unit, six-story apartment building with 9,000 square feet of ground-floor retail located at 5217 W. Adams Blvd. in Los Angeles. The completion comes just three... Read more »
For better or worse, AI tools increasingly shape how consumers research and make major life decisions. Some people even use chatbots as therapists or boyfriends — though we won’t touch on those topics... Read more »
Not so long ago, the concept of serving up experiences with retail products was a “nice to have” strategy. According to a Lee & Associates write-up, that “nice to have” is now... Read more »
The Winter 2026 Allen Matkins/UCLA Anderson Forecast California Commercial Real Estate Survey released Thursday shows expectations for new development turning cautiously positive. Fifty-one percent of California commercial real estate executives anticipate an... Read more »
Foxfield LLC, in partnership with IRA Capital, has sold the Von Karman Creative Campus, a 25-acre site in Irvine, California, to Lennar Corporation. Reportedly one of Orange County’s largest recent land sales at... Read more »
Rising existing-home inventory is thwarting homebuilders, who are now slowing permits and starts — and backing off from hefty incentives. Homebuyers in the existing-home market might have a slight edge over those... Read more »