An abandoned gas station in downtown Long Beach is poised to give way to multifamily housing. New Century Development filed an application with the City of Long Beach to demolish the vacant... Read more »
Smith Douglas Homes prioritizes pace over price, plays the long game Skip to content © 2006-2026 HW Media, LLC. All rights reserved.Powered by WordPress VIP What’s New? Updated 12 hours ago LatestYour... Read more »
Five years after purchasing the Marina Shores shopping center at 6500 Pacific Coast Highway for $68 million, Vancouver‑based Onni Group has begun demolition of the roughly 6‑acre site. The teardown marks the start of... Read more »
Downeaster Development and TANTUM Real Estate broke ground on The Elbie, a rental community at 305 Broadway in Long Branch, NJ. The project is poised to activate a key section of the... Read more »
10-year yield and mortgage rates In the 2026 HousingWire forecast, I anticipated the following ranges: Mortgage rates between 5.75% and 6.75% The 10-year yield fluctuating between 3.80% and 4.60% Well, we had... Read more »
Can downtown Los Angeles make a comeback? Izek Shomof, who was part of its earlier revival and once called the “King of Spring” because of the developer’s transformation of the Spring Street... Read more »
As of today, February 12, 2026, the mortgage market is offering a welcome breath of stability. The average rate for a 30-year fixed mortgage sits at a promising 5.87%, according to Zillow,... Read more »
Developer Izek Shomof is taking his office-to-residential conversion work from downtown Los Angeles to downtown Long Beach. Shomof filed an application with the Long Beach Planning Bureau seeking authorization to convert a... Read more »