10Y UST5.10%+2.41%30Y MTG7.11%-0.97%SOFR3.90%+0.26%VNQ$96.47+0.03%XLRE$44.37+0.02%FED FUNDS3.88%
Real Estate Trail
Institutional Press Wire
The Registry · San Francisco · Hospitality

San Jose, Oakland and San Francisco Crack CBRE’s Top 10 for Q3 Hotel RevPAR Growth

Via The Registry · November 14, 2026
Compiled by Real Estate Trail Editorial · November 14, 2026

Why this matters

Hospitality has separated by chain scale and demand segment, with luxury and resort outperforming and select-service holding pricing power on a leaner cost base. New construction starts remain at multi-decade lows, which has supported in-place RevPAR and made conversions of soft-branded flags an increasingly active part of transaction velocity. San Francisco continues to clear office at the deepest discounts to 2019 basis seen in the cycle, while multifamily fundamentals have stabilized and life sciences in the Peninsula remains active. For sponsors with operational expertise, the sector continues to offer one of the more compelling income-plus-appreciation profiles available across CRE.

Editorial analysis · Real Estate Trail Editorial

On the RET wire

Computed from Real Estate Trail’s own tracked coverage

Excerpt from The Registry:
Bay Area hotel markets claimed three of the nation's 10 fastest RevPAR growth slots in the third quarter, according to CBRE, with San Jose's 18 percent gain trailing only Memphis, while Sacramento finished among the 1…
Read the full article at The Registry →

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

Related coverage — San Francisco · Hospitality

Commercial Observer · San Francisco · Multifamily

Bank OZK Supplies $86M Construction Loan for Rental in Broward County

Bank OZK supplied a $85.5 million construction loan for Falcone Group ’s multifamily development in Oakland Park, Fla. The six-story project, called Horizon of Oakland Park , will house 311 apartments and 20,700 squar…

17h ago