Industry News
Monterey Park Voters Pass Measure NDC by 86%, Enacting Nation’s First Ballot-Box Ban on Data Centers
Monterey Park has become the first city in the United States to bar data centers through a popular vote, with residents approving Measure...
Beam Global Lands Repeat Long Beach Order for Six Off-Grid Solar EV Chargers as Municipal Fleet Demand Builds
The City of Long Beach is expanding its electric vehicle charging network with six additional off-grid, solar-powered EV ARC systems from San Diego-based...
Samuelian Group Files Plans for 96-Unit All-Affordable Valleris on Ventura in Woodland Hills
Samuelian Group is moving to add a second income-restricted tower to a fast-densifying stretch of Ventura Boulevard, filing plans for a 96-unit all-affordable...
CityMark Bets on Central San Diego Scarcity With 99-Home Dezi Project in Serra Mesa
CityMark Communities has delivered Dezi, a mixed-tenure infill community pairing 74 apartments with 25 for-sale townhomes on a hilltop site along Mission Village...
Trestle Opens The Bel, 80-Unit, $41.9MM Affordable Housing Community in San Diego’s Hillcrest
Trestle celebrated the grand opening of The Bel, an eight-story, 80-unit affordable housing development in San Diego’s Hillcrest neighborhood that reserves nearly half...
California Owns the West Coast’s Highest Median Income but Slips to 13th Nationally as Costs Bite
California boasts the highest median income on the West Coast, yet a thin lower-earning tier and punishing living costs dropped it to 13th...
Los Angeles Council Advances Four-Story Low-Rise Ordinance to Defer SB 79 Upzoning Until 2030
The Los Angeles City Council voted 13-0 to advance a new Low-Rise Ordinance that permits buildings up to four stories in 57 neighborhoods...
Construction Lenders Confront a Shifting Risk Map in 2026 as Data Center Race, PFAS Liability and Permitting Delays Reshape Underwriting
Construction risk has not disappeared from the lending landscape heading into 2026—it has migrated into new territory, from the breakneck data center buildout...
Ballers Bets on Downtown LA, Filling The Bloc’s Vacant Macy’s With 93,664-SQFT Social Sports Club
The Los Angeles Zoning Administrator will weigh a liquor license for Ballers DTLA on June 9, the final regulatory hurdle before the buzzy...
37,000 SQFT Montbleau & Associates HQ Hits Market for $11.7MM in San Diego
The San Diego headquarters of architectural millwork firm Montbleau & Associates, a 36,643-square-foot industrial facility located three miles from downtown, has been listed...
Pacific Retail JV Negotiates Workout as $309MM Loan on 2MM SQFT Lakewood Center Reaches June Maturity
Less than a year after acquiring Lakewood Center from Macerich for $332.1 million, the joint venture of Pacific Retail Capital Partners, Lyon Living...
PCCP, Alliance Residential Pay $65.3MM for 184-Unit Hawthorne Apartments in Riverside
A joint venture of PCCP and Alliance Residential Co. has acquired The Hawthorne, a 184-unit garden-style community in Riverside, for $65.3 million, a...
