City to provide $150M to convert empty offices into 1,000 homes

Developers plan 780 affordable units on parcel bought in foreclosure sale.

Wells Fargo leads group of banks backing play with $600M.

Toronto-based firm plans to build residential development on the site.

Rate that was 16% in Q1 2023 falls to 5.9% in Q1 2024.

Retailer takes write-down of nearly $6B for sagging health care play.

Leasing activity retreats as number of large deals is half of Q4's total.

Home furnishing giant consolidating West Coast logistics, upping in-store delivery.