California is on the verge of reshaping the legal framework that has made condo development — and condo investment — functionally unworkable for a generation. AB 1903, authored by Berkeley Assemblymember Buffy Wicks, sailed through the Assembly floor 70-0 in May 2026 and is now moving through the state Senate after
A significant lender-to-lender asset acquisition just closed in the non-QM space — and the speed of that deal tells you everything about where secondary-market pressure is building right now. When a lender absorbs another lender's origination assets in under two months, it signals aggressive appetite
The multifamily construction wave that broke ground years ago is finally landing on rent rolls, and it has driven a long, unbroken stretch of year-over-year rent declines across the nation's largest metros. But look closer and the story shifts: the forward construction pipeline — new starts, new