The brokerage saw Westlake Village as a fit due to its emerging agent population, Equity Union CEO Harma Hartouni told L.A. Business First.

A central-city Sacramento site planned to eventually be developed as affordable housing is on notice for demolition.

The soccer club has submitted a conceptual plan to the city of Cincinnati, and the city's planning commission will soon consider proposed changes that would make the project come to life.

The proposed Dream Hotel is in a bustling area on South Main. The property sits near the new Downtown Mobility Center and could add a significant hotel to that section of Downtown.

The firm plans to be aggressive with rental rates, said a listing broker. The strategy — if adopted by other lenders in similar positions — could be the beginning of a “reset” for Oakland's office market.

Owner Davis Property & Investment also signed a tenant for a new industrial building in Pacific.

Under the agreement, Scottsdale would store up to 5,000 acre-feet of its Central Arizona Project water in Tucson's storage and recovery facility, which would accrue long-term storage credits from the Arizona Department of Water Resources. Separately, the city has given the green light to a new boutique hotel.

Sugar Land-based Neway Hospitality is developing a combined Holiday Inn Express and Staybridge Suites hotel in downtown Houston. The ground floor of the hotel will have a 30,000-square-foot grocery store called Urban Street Market.

New data reveals a 64% decrease from the previous fiscal year in tax from commercial and residential sales combined.