California People and Company News, Week of Jan. 5, 2026

California People and Company News, Week of Jan. 5, 2026

CBRE announced the following individuals have been promoted at its San Francisco office: Sarah Kelley has been promoted to EVP; Shap Roder, promoted to EVP; Scott Nykodym, promoted to EVP; Steve Chaitin, promoted to EVP; Madison Dutra Sarro, promoted to SVP; Sam Stein, promoted to SVP; Reuben Torenberg,... Read more »
California Affordable Housing Faces Refinancing Hurdle

California Affordable Housing Faces Refinancing Hurdle

California is entering an affordable housing refinancing crunch, with Yardi Matrix reporting that roughly $860 million in commercial mortgages on fully affordable properties will mature in 2026.  That figure rises sharply to... Read more »
Companies Left California in 2025; Next Year Could Be Worse

Companies Left California in 2025; Next Year Could Be Worse

The march of both residents and companies out of California continued in 2025, including the high‑profile exit of In‑N‑Out Burger to Tennessee.  In‑N‑Out’s president, Lynsi Snyder, cited the difficulty of raising a... Read more »
Mel Gibson Announces He Has Split From Rosalind Ross—1 Year After Losing Their Malibu Mansion in California Wildfires

Mel Gibson Announces He Has Split From Rosalind Ross—1 Year After Losing Their Malibu Mansion in California Wildfires

Hollywood heavyweight Mel Gibson and his longtime partner, Rosalind Ross, have announced that they have separated after nine years together—almost one year to the day since the actor lost his Malibu mansion... Read more »
Why Berkeley, California is the Top Housing Market in the West for 2025

Why Berkeley, California is the Top Housing Market in the West for 2025

As a long-time observer of the real estate world, I’ve seen trends come and go, but if there’s one story in 2025 that’s truly made me pause, it’s the rise of Berkeley,... Read more »
Does Santa Monica need another Trader Joe’s?

Does Santa Monica need another Trader Joe’s?

Trader Joe’s has purchased a former drugstore in Santa Monica, paving the way for a fourth location in the seaside city for the popular grocer. The retailer paid $22 million this month... Read more »
Housing Tracker: Southern California home values rise slightly in October

Housing Tracker: Southern California home values rise slightly in October

Southern California home prices rose in October, stopping a five-month skid that saw the average home value fall more than $14,000 since April. In October, the average home price across the six-county... Read more »
California People and Company News, Week of Dec. 19, 2025

California People and Company News, Week of Dec. 19, 2025

Damon Austin will assume the role of chief development officer at Prologis, effective Jan. 1, 2026. He will oversee all global development activities, including the company’s Customer Led Development (CLD) and Data... Read more »
24 Counties in the California Housing Market Post Annual Price Declines

24 Counties in the California Housing Market Post Annual Price Declines

While the overall numbers from the CALIFORNIA ASSOCIATION OF REALTORS® (C.A.R.) might show a general uptick in California home sales for November, digging a little deeper reveals a more complex picture. It... Read more »
Sonic Fire Tech launches infrasound wildfire defense system in California

Sonic Fire Tech launches infrasound wildfire defense system in California

“My mother-in-law first called me, and I could see the background when she FaceTimed that the fires and flames were just right behind her house. To hear that trauma and that scaredness... Read more »