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 Port of Long Beach plans to buy the Oceangate tower in downtown and convert it into a maritime trade hub with workforce-training programs. The move would bring port-focused jobs and training into the city’s core.

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.