Hotel developer buys vacant Tower 180 for $61M, will spend $140M on conversion.

DTLA availability approaches 30% as discretionary leasing stays on sidelines in Q4.

Bank of the Sierra sells 13 central California branches to Blue Owl.

Closing of 116-year-old plant clears way for legal showdown over project.

Project next to Reunion Tower calls for 3,000 apartments, 2M SF of offices.

Tide is turning after 2023 totals saw redemptions double fundraising at non-traded REITs.

REIT cites "severe" leasing challenges in San Francisco, warns it will hand more keys to lenders.

Nationally, only 16% of homes are priced less than 30% of median monthly income.