Inland cities including Bakersfield, Fresno, Visalia and Riverside — once cheaper options than pricey places such as the Bay Area — are no longer refuges from California’s housing affordability crisis.
California Gov. Gavin Newsom has contacted all sides of the strikes that have hobbled Hollywood, his office said Wednesday, offering to help broker a deal to restart an industry that is crucial to keeping the state’s economy humming amid signs of weakness.
The Centers for Medicare & Medicaid Services (CMS) today approved proposals from California and Kentucky for community-based mobile crisis intervention teams to provide Medicaid crisis services.
Without a doubt, it is difficult to find something upbeat about California’s current commercial real estate market. Property owners, economists and appraisers all agree that the market is facing one of the most challenging times in decades. For example, in San Francisco, an office tower that was worth $300 million in 2019 sold just a few months ago for less than $70 million. Several hoteliers in the city have stopped making payments on their loans, and national retailers that have been leaders in the market for decades have announced plans this year to close their San Francisco shops.