10Y UST4.96%-3.31%30Y MTG7.32%-1.08%SOFR3.92%+0.51%VNQ$92.97+0.31%XLRE$42.71+0.32%FED FUNDS3.88%
Real Estate Trail
Institutional Press Wire
PR Newswire · San Diego · Capital

CALIFORNIA BANK & TRUST NAMES MICHAEL MACDONALD AS PRESIDENT

Via PR Newswire · October 26, 2026
Compiled by Real Estate Trail Editorial · October 26, 2026

Why this matters

Capital markets activity continues to be defined by the rotation from bank balance sheets to non-bank lenders. Private credit funds have raised record dry powder; banks have tightened CRE underwriting standards for the sixth consecutive quarter. The result is a market where well-sponsored deals clear, and marginal credit pays a meaningful spread to do so. San Diego life sciences vacancy remains the lowest in the major life-science clusters, and multifamily fundamentals continue to be supported by a coastal supply ceiling. For LPs, the allocation conversation has shifted decisively toward real estate debt, with equity allocations being deployed more selectively into operator-led platforms.

Editorial analysis · Real Estate Trail Editorial

On the RET wire

  • The 24th San Diego story tracked on the wire in October 2026. All San Diego coverage →
  • Disclosed capital deal value tracked in October 2026: $21.4B across 46 reported transactions.

Computed from Real Estate Trail’s own tracked coverage

Excerpt from PR Newswire:
MacDonald to oversee Commercial, Corporate and Specialty Industry banking divisions while continuing leadership of Zions Capital Markets SAN DIEGO, Oct. 26, 2026 /PRNewswire/ -- California Bank & Trust (CB&T), a divis…
Read the full article at PR Newswire →

External link. Real Estate Trail does not republish source content.

Related coverage — San Diego · Capital

Hospitality Net · San Diego · Hospitality

U.S. hotel results for week ending 17 October

U.S. hotel RevPAR rose 5.5% for the week of 11-17 October 2026, with Detroit and San Diego leading gains while San Francisco posted steep declines against Dreamforce 2025 comparisons.

Oct 23