Economy

Securities industry pre-tax profits totaled $13.7 billion in the first half of 2018, an increase of 11% from the mid-point of 2017, according to a report released by New York State Comptroller Thomas P. DiNapoli.

There are so many black swans circling now, that the level of certainty of any forecast is suspect, good or bad.

“It isn't enough to have a good job anymore; people want a great life,” said John Kilroy at Allen Matkins annual View From the Top conference, where he talked about how his firm is disrupting the office market.

According to Austin's Strategic Housing Blueprint, the city will need 60,000 new housing units for low-income families, plus another 75,000 market-rate units to meet its housing needs in the next decade.

AB 448 has passed through the State Legislator and will launch in 2019 as a gap-funding source to build permanent supportive housing.

The exorbitant cost of doing business in the Bay Area is driving more companies to up-and-coming regional markets like Sacramento.

Class B facilities are also getting absorbed, alongside a spec construction boom.

The Apartment Association of Greater L.A., which has been actively campaigning against Prop 10, says that a hidden detail will place litigation costs on taxpayers.