San Diego Business Journal

SD REAL ESTATE

Recent and archived news stories on: Apartments, Architecture, Brokers, Construction, Housing, Mortgages, Offices, Property Management, Realtors...

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Stakeholders Call on Peers to Be Part of Homeless SolutionHomelessness sits heavy on San Diego’s doorstep, a seemingly intractable problem that can’t be shoehorned into a one-size-fits-all box.

By brad July 13, 2017 1:02 p.m.   $$ Share
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San Diego Apartments Sold for $2.1 Million

San Diego investors John Lopez and Cheryl Lopez have acquired an 8-unit apartment property in the city’s Normal Heights neighborhood for $2.1 million, according to brokerage firm ACRE Investment Real Estate Services.

By Lou Hirsh July 24, 2017 4:05 p.m. share »
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Pacific Beach Apartment Property Sold for $2.34 Million

Underwood Family Trust of Encinitas has acquired a four-unit apartment property in San Diego’s Pacific Beach neighborhood for $2.34 million, according to brokerage firm Palma Commercial.

By Lou Hirsh July 24, 2017 4:02 p.m. share »

SoccerCity Backers to MLS: Wait for San Diego

With a local vote on the project possibly more than a year away, developers backing the proposed SoccerCity mixed-use development in Mission Valley have launched a new campaign aimed at getting Major League Soccer to hold off decisions on its next expansion teams.

By Lou Hirsh July 24, 2017 1:07 p.m. share »
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Ionis Pharmaceuticals Buys Carlsbad Office Building for $13.9 Million

Carlsbad-based Ionis Pharmaceuticals Inc. has purchased an office building that it had previously been leasing in that city for approximately $13.9 million, according to CoStar Group and public data.

By Lou Hirsh July 24, 2017 1:03 p.m. share »

Rebranding Brings Rutledge Claims Management to Life as Licensed Public Adjuster Firm

Rutledge Claims Management Inc. is the new name for the Law Offices of Thomas W. Rutledge, APC.

By Brad Graves July 23, 2017 12:59 p.m. share »
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Paragon Buys East Village Commercial Block for $34 Million

San Diego-headquartered Paragon Real Estate Fund and its affiliates have acquired a full city block of properties in downtown’s East Village, known locally as the Art Center Block, for $34 million, the company announced.

By Lou Hirsh July 21, 2017 2:57 p.m. share »

Rincon Band Breaks Ground on $20M Administrative Building

The Rincon Band of Luiseño Indians said in mid-July that it broke ground on a $20 million, 43,000-square-foot tribal government administration building, which will replace the temporary buildings it has used for the last 17 years.

By Brad Graves July 21, 2017 1:10 p.m. share »

Money Available to Fund Two Homeless Shelters, But Sites Needed

Anonymous donors are prepared to write checks totaling up to $1.6 million to fund two temporary shelters for 500 homeless people.

By Brad Graves July 20, 2017 4:25 p.m. share »
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El Cajon Apartments Sold for $5.6 Million

San Diego investors Ronald and Judy Endeman have acquired a 26-unit apartment property in El Cajon for $5.6 million, according to brokerage firm Marcus & Millichap.

By Lou Hirsh July 19, 2017 4:41 p.m. share »

Pacific Southwest Association of Realtors Names New Board

One of the largest trade associations for real estate agents in San Diego has announced its incoming board of directors. Members will be seated Jan. 1.

By Sarah de Crescenzo July 19, 2017 4:39 p.m. share »

Q2 Data Suggests Continued Gains for Two Key Markets

The first official brokerage company data trickling in for 2017’s second quarter suggests that conditions favoring landlords still reign in two categories.

By Lou Hirsh July 18, 2017 5:29 p.m. share »
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San Diego Firm Buys Encinitas Apartments for $53 Million

An affiliate of San Diego-based Property West Residential has acquired a 120-unit apartment property in Encinitas for $53 million, according to CoStar Group and public data.

By Lou Hirsh July 18, 2017 5:17 p.m. share »
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Senior Apartment Property in North Park Sold for $5.1 Million

An affiliate of San Diego-based Melroy Investments Inc. has acquired a 26-unit senior apartment community in North Park for $5.1 million, according to CoStar Group and public data.

By Lou Hirsh July 18, 2017 3:54 p.m. share »
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North Park Commercial Property Sold for $3.6 Million

ECB Partners LLC of San Diego has acquired a North Park office and retail property for $3.6 million, according to CoStar Group and public data.

By Lou Hirsh July 17, 2017 3:19 p.m. share »
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San Diego Mansion Housing Hotel Sold for $3.85 Million

Irvine-based Limelight Investments LLC has purchased the historic mansion housing the Britt Scripps Inn in Bankers Hill for $3.85 million, according to CoStar Group and public data.

By Lou Hirsh July 17, 2017 2:58 p.m. share »