Shorenstein bought 550 Allerton in downtown Redwood City — a law‑firm‑anchored Class A office that signals renewed investor appetite for premium Peninsula assets.

The Port of San Francisco's new Blue Economy Initiative offers lease discounts and tenant‑improvement grants to attract maritime startups and sustainable seafood firms.

The storied Lido apartment building in Hollywood sold for $16.8M to a Bay Area investor, ending a lender-driven run and raising questions about its famed Hotel California lobby.

Harvest Properties is weighing a reuse of a 24.5‑acre Palo Alto R&D campus for apartments and townhomes, a potential shift from office use that would need city approvals.

Public records show Nazare Capital’s 152 North Third St. defaulted on a $45M loan, with about $37.5M owed; servicers are preparing for receivership and possible foreclosure.

A complaint alleges the vacant storefront at 414 California Ave. was being used as an unpermitted gym and gaming space, prompting stop‑work notices as plans are refitted under SB 79.

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.