Nationwide, rental housing vacancy rates are the lowest they’ve been in 30 years and a record number of renters are spending more than 30 percent of their incomes on housing. Those were the findings of a report released Dec. 9 by the Harvard Joint Center for Housing Studies in Washington. The report showed the national trends that are contributing to the housing crisis that West Coast developers are well familiar with, with San Francisco, Seattle and Los Angeles among the cities where even...

Enlarge more Dennis McCoy | Sacramento Business Journal Under the plan the city is developing, an environmental impact report would be conducted for the entire central city. This would forgo the need for future developers in the urban core to go through the time and expense of conducting their own environmental reviews.

Meg Whitman, CEO of Hewlett Packard Enterprise, and her husband Dr. Griff Harsh are joining the ownership group of Sacramento Republic FC as it submits its application to become an expansion franchise of Major League Soccer, the team announced. Whitman was previously CEO of eBay and also ran for governor of California as the Republican nominee in 2010. Enlarge Hewlett Packard Enterprise CEO Meg Whitman Bloomberg The addition of an internationally known business person such as Whitman puts...

Welcome back to work, Sacramento. We hope you're well rested from the long weekend. Here are five things you should know to get your head back in the game: Long-term plans in West Sac Engstrom Properties Inc. closed escrow Friday on a 2.24-acre portfolio of mostly retail development in West Sacramento. Most of the tenants of those properties have substantial left on their leases, according to Engstrom president Mark Engstrom. But for the longer term, Engstrom Properties has plans. The...