IRVINE, CA—The inability of lenders to say yes to anybody other than borrowers with great credit risk is a problem that may not change for the foreseeable future, the Norris Group's Bruce Norris tells GlobeSt.com in this <b>EXCLUSIVE</b> look at the housing sector.

NEWPORT BEACH, CA—Among major property types, only the self-storage sector has enjoyed double-digit year-over-year price appreciation recently, says Green Street Advisors. That's in contrast to the gains seen across the board in recent years.

LOS ANGELES—The Beverly Hills-based brokerage firm acquires Prosser Stevens, and rolls out some aggressive new expansion goals, including doubling its brokers and volume in the next year, GlobeSt.com reports EXCLUSIVELY.

NEW YORK CITY—Non-residential construction created a total 2015 economic output of $16.7 billion.