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State Farm approved for 17% rate hike amid California “insurance crisis”

State Insurance Commissioner Ricardo Lara and State Farm’s Dan Krause (Getty, State Farm)

Residential
Los Angeles
May 13, 2025

State Farm approved for 17% rate hike amid California “insurance crisis”

S&P calls out “underperformance” in dishing out ratings downgrade
: Group led by Sam Hirbod loses Signia by Hilton San Jose hotel to foreclosure
Commercial
San Francisco
May 13, 2025

Sam Hirbod-led group loses Signia by Hilton San Jose hotel to foreclosure

BrightSpire Capital takes ownership of downtown hotel after Hirbod fails to pay $134M loan
VC's "House That Apple Bought" Sells in Presidio Heights
Residential
San Francisco
May 13, 2025

Famed VC sells “house that Apple bought” in Presidio Heights for $19M

C. Richard Kramlich died just before the home went into contract in February
Roger Fields’ Peninsula Land Nabs Walnut Creek Offices
Commercial
San Francisco
May 13, 2025

Roger Fields’ Peninsula Land nabs Walnut Creek offices for $107 psf

210K sf Class A building sold for a third less than it traded for eight years ago