The San Jose and San Francisco metros are the least affordable US markets, according to the NAR Index, with job growth from tech industries contributing to rental demand.

CBRE's Brian Stoffers says lenders are becoming “increasingly comfortable” with the risk-retention rules that now govern CMBS transactions.

Ten-X CEO Tim Morse says the investment by Thomas H. Lee Partners will allow us to reach our full potential and help us build on our leading position in the online real estate market.”

Recent multifamily development on La Brea is driving the need for evening retail options that can serve the residential population.