Los Angeles

Summit reports that the six hotels traded will produce a net gain of $36.6 million. The six hotels in the markets of Minneapolis-St. Paul, Boston, Santa Barbara (CA), Dallas and Salt Lake City totaled 815 rooms.

Inglewood and Haywood are the latest to pass rent control ordinances, but there could be more.

The fund, structured as a REIT under a 506(c) designation, is an evergreen fund focusing on 75% value-add, and 25% cash-flowing commercial real estate investments in primarily Western growth markets, including but not limited to Colorado, Utah, Texas, Arizona, New Mexico and California.

The Orange County market closed Q1 with more than 800,000 square feet in negative absorption following the retailer's exit from its 1.1 million facility.

There is a frenzy around opportunity zone investments, but in many cases, a 1031 exchange might provide better tax benefits.

A recent report shows that it could take 1,000 years for some California markets to reach a housing equilibrium under the current process.

Four markets in the State of Florida ranked among the top 15 in the nation for multifamily rent growth, the most of any state.

The first quarter was the second busiest at the Port of Long Beach in history, a reflection of the strong economy.