Leasing

San Francisco, Oakland, Los Angeles and San Jose all rank in the top US cities with the biggest decrease in apartment rents year-over-year.

But hybrid work will still be a part of many companies' plans.

NMHC helped secure over $50 billion in federal Emergency Rental Assistance. Panelists dove into the steps taken to provide funds for residents and housing providers impacted by the pandemic.

As of June 1, sublease space accounts for 26% of all available space.

The company expands its in-house single-family build-to-rent development team with new hires Gary Davis, Bill Mumford and Kurt Rouse.

Turning Point Therapeutics has leased the 185,000-SF Callan Ridge campus, which is currently under construction in Healthpeak Properties' Torrey Pines Science Park.

A major entertainment tenant signs a 351,000-square-foot, seven-year lease at the Santa Monica office campus.

These three leases bring the 1.7 million-square-foot skyscraper to 89% occupancy.