National

Sunstone Hotel Investors bought the new construction 130-room resort located in Sonoma County.

While rising interest rates often lead to fears of rising cap rates, MetLife says the two are typically not correlated.

At the same time, the rent rebound in pricey coastal superstar cities is happening sooner and more rapidly than anyone expected.

Along with flexible work plans, some companies are also cutting back on business travel.

Many expected a wave of distressed assets to hit the market after the pandemic. The reality is a shallow pool of opportunities.

The combined company will have an enterprise value of $50 billion.

The buildings' large, flexible floorplates, floor-to-ceiling windows and energy-efficient mechanical systems will allow BioMed to convert them to life science uses.

Demand is now just 9% below pre-pandemic levels.