A Times analysis using 2024 Census data finds Ridgecrest the state's most affordable city and Santa Monica the least, highlighting a stark coast‑to‑valley housing gap.

Freddie Mac’s weekly survey shows the 30‑year fixed mortgage averaged 6.55% this week — the highest reading in nearly a year — as bond yields and oil prices push borrowing costs up.

Kratos will house a newly acquired communications group in a 35,000‑sq‑ft Folsom flex site, adding microwave and R&D capacity to the Lake Forest Tech Center.

Alameda County transferred a tax-defaulted MacArthur Blvd lot to the Black Cultural Zone for $10. BCZ says it will launch community programming and prep the site for future affordable housing.

Sonoma County approved a community‑led plan to develop a civic plaza at Tierra de Rosas and advanced construction on the Plaza Permanente park, due to open this September. The move pairs neighborhood-driven planning with an RFP for the commercial square.

Blackstone has tapped CMBS markets for a roughly $950M refinance anchored by San Jose’s 880 Industrial Center, a sign lenders remain bullish on logistics cash flows. The floating‑rate, interest‑only loan covers about 8.3M sq ft.

MidPen wants to replace the shuttered bank at 295 S. Mathilda with about 110 mostly‑affordable apartments; the plan reserves about 25% of homes for people exiting homelessness.

The state budget includes planning funds to revive a courthouse that closed in 2011; local leaders say the move starts the long process of restoring court services to south San Joaquin County.

The Bay Area will inherit an outsized share of California’s coming intergenerational wealth — but most of it is home equity, not cash, and taxes, care costs and scams will shape how that money actually helps families.

The 357‑room Fremont Marriott Silicon Valley sold for $53M in a July 1 deal, its first sale since 2014; city officials called it a sign of investor confidence.

San Francisco officials are moving to reclaim Prop M office allocations from developers sitting on long-stalled projects, a shift meant to free up scarce development rights. The Planning Department’s memo sets a tighter timetable for permits and could prioritize projects with housing.

A San Jose law firm is expanding downtown with a 10‑year, roughly 43,400‑sq‑ft lease at Ten Almaden, a notable commitment amid high vacancy.

The former Harveys finishes a $200M overhaul and reopens as Caesars Republic Lake Tahoe with new rooms, expanded meeting space and a music-focused roster.