An affiliate of Cottonwood Group filed to foreclose on JDS' Mercedes‑Benz Places in Brickell after buying the project's defaulted bridge loan.

Colliers closed the sale of 70 Connect II, a 554,228‑sf Greenfield warehouse leased to Yusen Logistics. The cross-docked asset sits in the Mt. Comfort I‑70 corridor.

Family-run AGA Essentials Group is renovating budget hotels across Los Angeles ahead of the 2028 Olympics while balancing rising local labor costs. The operator is targeting tourist hubs from Beverly Hills to Universal and NoHo.

Tesla leased about 108,000 sq ft of R&D space in Fremont and took large industrial capacity nearby as it accelerates Optimus development. The moves deepen Fremont’s role in Tesla’s robotics push.

Newport Beach firm Archer paid about $18M for three MemorialCare‑anchored clinics in Orange County; one site will free up roughly 5,000 sq ft for lease.

New Zealand’s Xero has shifted its U.S. headquarters back to the Bay Area, opening a San Mateo office after years headquartered in Denver.

A 27‑unit downtown Oakland building at 316 12th St sold for roughly $8.1M, marking another East Bay multifamily sale at a steep discount.

City Council cleared Dividend Homes’ 32‑unit townhome plan on Stevens Creek, including six moderate‑income homes, even as Sacramento and Cupertino spar over state streamlining rules.

Lennar closed escrow on nearly $12M in future home lots across Vineyard, Elk Grove and Rancho Cordova, adding parcels to its local building pipeline.

Los Angeles County is launching a second round of the Commercial Acquisition Fund — roughly $2.6M with $1M set aside for Supervisor Holly Mitchell’s Second District. Applications open May 5; outreach sessions will precede the launch.

UC Berkeley research shows many Californians who move out of state find cheaper housing and higher homeownership rates.

Oswego planners will review site plans for a proposed 25,000‑sq‑ft HomeGoods at Prairie Market East; the project requires a major PUD amendment and carries a potential $1.5M incentive.

Goldman Sachs provided an $80 million five-year, fixed-rate loan to refinance Del Rey Campus in Marina del Rey. The deal highlights lender interest in amenity-rich Westside offices.