SD REAL ESTATERecent and archived news stories on: Apartments, Architecture, Brokers, Construction, Housing, Mortgages, Offices, Property Management, Realtors...
A limited partnership recorded as Mark I has purchased the 28-unit Villa Hermosa apartment property in Chula Vista for $5.2 million, according to brokerage company Marcus & Millichap Inc.
New Structures Are Bright, Functional and Efficient
When the San Diego region’s architects and designers set out to create structures that are visually distinctive, creativity must be tempered by practicality.
PROPERTY: Plans for Block-Long Site Include Retail and Dining
Locally based H.G. Fenton Co. recently began work on The Boulevard, a 165-unit, mixed-use apartment community nearly a decade in the making in what has long been considered a blighted portion of central San Diego.
Developer Silvergate Development LLC recently completed The Quarry, a $14 million, 60-unit apartment community in La Mesa.
Investment firm Presidio Residential Capital and developer Cornerstone Communities, both based in San Diego, have purchased 44 acres within Otay Ranch Village 2 in Chula Vista, for a planned $128 million single-family housing community.
San Diego foreclosure rates dropped another tenth of a percent in April compared to last year, with 0.4 percent of outstanding mortgage loans foreclosing, according to CoreLogic.
A buyer recorded as Preface JCR Lake Atlin LLC has acquired a San Diego land parcel that formerly housed an elementary school for $5.81 million, according to brokerage company Colliers International.
Owners McCarthy Cook and AllianceBernstein have completed a $38 million renovation of the Enclave Sorrento office property in Sorrento Mesa, according to commercial real estate services company JLL.
Fashion retailer Nordstrom Inc. has signed an agreement to anchor a proposed Carlsbad retail center being developed near Interstate 5 by Caruso Affiliated of Los Angeles.
In-N-Out Burgers of Baldwin Park has acquired an Oceanside property that most recently housed a Carrows restaurant for approximately $2.49 million, according to CoStar Group and public data.
The median sale price of previously owned homes rose 7 percent in May compared to the year before, hitting $530,000 as sales picked up slightly, the Greater San Diego Association of Realtors said.
Pacific Regent La Jolla, a condominium tower in University Towne Center, is part of a 15-property, 11-state portfolio of retirement communities recently sold in a deal valued at approximately $640 million.
Vista International Inc. has purchased a 15-unit apartment complex in Escondido for approximately $2.17 million, according to brokerage company ACRE Investment Real Estate.
Barthell Family Trust has acquired a 10-unit apartment property in San Diego’s Golden Hill neighborhood for $2 million in an all-cash deal, according to brokerage company Marcus & Millichap Inc.
Muraoka Enterprises LLC has purchased a 1.8-acre land parcel in Chula Vista for $2.4 million, with plans to build a 39-unit townhome development, according to brokerage firm Apartment Consultants Inc., also known as ACI.