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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UC Regents Buy 4 San Diego Office Buildings for $83.5 Million

The Oakland-based Regents of the University of California have acquired a four-building office portfolio in San Diego’s Governor Park neighborhood for approximately $83.5 million, according to CoStar Group and public data.

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Hillcrest Apartment Complex Sells for $14.75 Million

San Diego-based Structure LP has acquired a 25-unit luxury apartment complex in the city’s Hillcrest neighborhood for $14.75 million, according to brokerage firm CBRE Group Inc.

S.D. Median Home Price Slips to $559,500 in January

San Diego resale home prices dipped in January as a seasonal shift dragged down the region’s sales activity, the Greater San Diego Association of Realtors reported.

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Intimate Condo Tucked Into Big Charms of Rancho Santa Fe

There are many appealing aspects to living in the community of Rancho Santa Fe, chief among them is the Village of Rancho Santa Fe. Right in the center of the 10-mile square community, the commercial district is filled with shops, restaurants, schools and other conveniences for its residents. Far from the hustle and bustle of the nearby beach communities, the Village is a charming and inviting place.

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California Dreaming of Cheaper Waterfront Hotels

It’s always been an admirable goal in theory. But 2017 could be the year when California officials get specific when they call on developers and communities to put up more affordable hotel rooms in coastal-adjacent neighborhoods.

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San Diego Firm Buys Oceanside Retail Center for $14.2 Million

San Diego-based Pacifica Cos. has acquired the Best Plaza retail center in Oceanside for $14.2 million, according to brokerage firm Cushman & Wakefield.

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Pathfinder Acquires Two Colorado Apartment Properties for $24M

Pathfinder Partners of San Diego has purchased two adjacent apartment communities in Boulder, Colo., for a total of $24 million.

Index Forecasts 10.3% Home Price Increase in San Diego for 12 Month Period

San Diego home prices posted moderate gains in December and are poised to rise substantially in 2017, according to the latest CoreLogic Home Price Index.

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Kai Ramer Becomes First COO at Rick Engineering

San Diego-based Rick Engineering Co. has appointed Kai Ramer as its first chief operating officer.

Owners of San Marcos Retail Center Obtain $92M Refinancing

Owners of the Grand Plaza retail center in San Marcos have obtained $92 million in refinancing, according to Holliday Fenoglio Fowler LP (HFF), which arranged the financing.

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San Diego Firm Acquires Del Mar Plaza Retail Center

San Diego’s Brixton Capital has acquired the Del Mar Plaza retail center in downtown Del Mar, though the price was not immediately disclosed. According to CoStar Group, the property at 1555 Camino Del Mar last sold for $41.6 million in 2010.

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Zephyr Breaks Ground on $185M Condo Development in Dana Point

San Diego-based developer Zephyr recently broke ground on South Cove, the company’s $185 million luxury condominium community in Dana Point.

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San Diego Firm Buys 3 Local Office Properties for $76.95 Million

The Casey Brown Co. of San Diego has acquired three local office properties for a total of $76.95 million, according to brokerage firm CBRE Group Inc.

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Two Apartment Properties Change Hands in San Diego

Two San Diego apartment properties recently got new owners in separate deals, including an 11-unit complex in the city’s Talmadge neighborhood that sold for approximately $2.93 million.

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Framing Nature’s Beauty

Designed by San Diego architect Wallace Cunningham, this sculptural, three-dimensional home sits atop an earthen pedestal overlooking the lush valleys and hillsides beyond. A series of structural fin walls are separated by seamless glass, skylights and clerestories that create a serene pattern of light and shadow in the interior. Designed to optimize the views and create complete privacy, this home is an incomparable masterpiece of light and space.