San Diego Business Journal


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

San Diego Home Prices Up 6.4 percent

Home prices in San Diego rose 6.4 percent during the year ending in February, according to a housing market index, as price increases nationwide began to slow.

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San Diego Apartment Complex Sold for $2.25 Million

Immobilier Fund LLC of Rancho Santa Fe has purchased a 15-unit apartment complex in San Diego’s Talmadge neighborhood for $2.25 million, according to brokerage firm Apartment Consultants Inc. (ACI).

DPR Construction Finishes $1.3 Million Balboa Park Girl Scouts Lodge

DPR Construction, a national general contractor with a San Diego office, recently completed a $1.3 million Girl Scouts Lodge at Girl Scouts San Diego’s campus in Balboa Park.

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Escondido Apartment Property Sells for $16.7 Million

An affiliate of San Francisco-based Vista International has purchased a 100-unit Escondido apartment building for approximately $16.7 million, according to CoStar Group and public data.

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TownePlace Suites Hotel in Vista Sold for $15 Million

An affiliate of Anaheim-based Marwaha Group Inc. has acquired the 94-room TownePlace Suites hotel in Vista for $15 million, according to CoStar Group and public data.

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Developer Obtains Financing for East Village Apartments

Developer The Richman Group has obtained joint-venture equity financing for a previously announced, 221-unit apartment tower planned for East Village, according to HFF, which arranged the financing.

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Julian Offers A Small Yet Sweet Slice of Mountain Living

Julian is located just a bit more than an hour’s drive from San Diego and is famous for its apples, Gold Rush Days and an abundance of the county’s bed and breakfast inns.

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Executive Q&A Linda Young National Association of Women in Construction, San Diego Chapter

Linda Young secretly wanted a career on the building side of construction, but there were few women working in the field and even fewer available to mentor aspiring young women.

Port District Tees Up Its Preferences for Harbor Island Finalists

San Diego port district officials last year put the brakes on several proposals – with elements including a giant Ferris wheel and a Seattle-Space-Needle-like spire – that some critics thought might turn the downtown waterfront into something resembling a theme-park midway.

Water Act Puts Landscape Architects at Front End of Design

SUSTAINABILITY: New Regulations Drive Demand For Additional Work

Because of California’s water conservation measures and new stormwater rules, landscape architects are being asked to come into the building process earlier to design more sustainable, green infrastructure, increasing the amount of work they have in San Diego.

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Irvine Co. Joins Growing Development Fray in Mission Valley

REAL ESTATE: Firm Negotiating for Riverwalk Golf Course Property

Add Irvine Co. to the growing list of developers – now numbering at least a dozen – looking to add residential, commercial and civic elements to what is already a complex array of projects in the works for Mission Valley.

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Scripps Ranch Office Building Sells for $4.45 Million

Local investor Stacey Adams Draminga has acquired a two-story Scripps Ranch office property for $4.45 million, according to brokerage firm Colliers International Group Inc.

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Chelsea Investment Plans Affordable Housing Project After $6.57 Million Land Buy

Carlsbad-based developer Chelsea Investment Corp. has purchased a four-acre property in San Diego’s San Carlos neighborhood for approximately $6.57 million, with plans to redevelop it into an affordable housing community.

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Carlsbad Retail Center Owner Obtains $43 Million in Refinancing

Connecticut-based owner Cornerstone Real Estate Advisers LLC has obtained $43 million in refinancing for its Bressi Ranch Village Center in Carlsbad, according to CBRE Group Inc., which arranged the loan.

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Otay Mesa Industrial Buildings Sold for $45.2 Million

A San Diego buyer recorded as Siempre Viva Industrial LLC has acquired a two-building industrial portfolio in Otay Mesa for $45.2 million, according to CoStar Group and public data.