Legislative leaders and Gov. Gavin Newsom agreed to place an $11B affordable housing bond on the November ballot, including about $1.25B carved out for veterans.

A Point Richmond motel has tumbled into default on an $11.6M loan, exposing strains across the Bay Area hotel market.

The Clorox Building at 1221 Broadway was returned to its lender via a deed‑in‑lieu, a high‑profile sign of strain in Oakland’s downtown office market.