San Diego Business Journal


Recent and archived news stories on: Apartments, Architecture, Brokers, Construction, Housing, Mortgages, Offices, Property Management, Realtors...
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Colliers International Hires La Dow to Head San Diego Operations

Commercial real estate services company Colliers International has named Andy La Dow as its new regional managing director for San Diego County operations, overseeing 100 real estate professionals at offices in San Diego and Carlsbad.

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Local Firm Acquires 768-unit Anaheim Apartment Property

A partnership that includes Boston-based Intercontinental Real Estate Corp. and San Diego-headquartered MG Properties Group has acquired the 768-unit Madison Park Apartments in Anaheim for an undisclosed price.

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Little Italy Parcel Sells for $2 Million

San Diego-based developer H.G. Fenton Co. has purchased a 10,000-square-foot lot in downtown’s Little Italy for $2 million, according to real estate services firm ACI Commercial, which represented the sellers.

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Pacific Beach Retail Properties Sold for $4.6 Million

Dayani Partners has purchased a portfolio of Pacific Beach retail buildings for $4.6 million, according to Voit Real Estate Services, which handled the transaction.

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Developer Completes $13 Million Renovation of Escondido Apartments

Affirmed Housing Group of San Diego has completed a $13 million renovation of Sonoma Court Apartments, a 61-unit affordable housing community in Escondido.

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Carlsbad Office Park Acquired for $16.4 Million

Davlyn Investments Inc. of San Diego has purchased the two-building Paseo Summit office property in Carlsbad for approximately $16.4 million, the company announced.

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Coronado Office Property Sold for $19.7 Million

Island Terraces LP of Los Angeles has purchased Island Terraces, an office property in Coronado, for approximately $19.7 million, according to CoStar Group and public data.

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Realty Income Joining S&P 500 Index

Realty Income Corp. will be added to the S&P 500 index after the close of trading on April 6, the Escondido-based company announced.

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Small Business Lender Is on Big Growth Trajectory

LENDING: Company Looks to Expand into Midmarket Segment

When banks retreated from making small business loans during the depths of the Great Recession, Dave Gilbert saw a huge opportunity.

One Paseo Project Opponents Submit Signatures for Possible Referendum

The San Diego County Registrar of Voters is reviewing more than 60,000 signatures submitted by opponents of the mixed-used One Paseo project in Carmel Valley, aimed at rescinding San Diego City Council’s recent approval or placing the measure on a future election ballot.

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La Mesa Apartment Property Sells for $2.8M

Joehnk LLC of La Jolla has purchased the 14-unit Chateau Shasta apartment building in La Mesa for $2.8 million, according to ACRE Investment Real Estate Services, which represented the seller.

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San Diego Apartments Get $22.8 Million Renovation

National affordable housing developer Vitus Group Inc. has completed a $22.8 million renovation of the 448-unit Meadowbrook Apartments, in San Diego’s Skyline neighborhood.

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Poway Industrial Building Sold for $3.15 Million

Lloyd H. Wells Gift Trust of Poway has acquired a Poway industrial building for approximately $3.15 million, according to CoStar Group and public data.

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Chula Vista Shopping Center Sells for $18.5 Million

Affiliates of Anaheim-based Milan Capital Management have purchased a five-building retail center in Chula Vista for $18.5 million, according to CoStar Group and public data.

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Carlsbad Firm Opens New Senior Apartments in Mission Valley

Chelsea Investment Corp. of Carlsbad has completed and opened Versa at Civita, a $27.7 million, 150-unit apartment complex featuring affordable apartments for seniors 55 and older in Mission Valley.