Industry News
Irvine Company Revises Oak Creek Golf Club Plan to 2,400 Homes, Pivoting to Lower-Priced Ownership in Irvine
The Irvine Company has reworked its proposal to redevelop the 280-acre Oak Creek Golf Club into a residential village, trimming the total home...
LA Commits $150K to Study Hotel Incentives at Oceanwide Plaza as KPC, Lendlease Plan $800MM Revival
The Los Angeles City Council authorized a $150,000 consultant study to weigh public incentives for the long-stalled Oceanwide Plaza, where new owners KPC...
McNellis: Economists vs. Flipping Coins
Economist: {noun}: someone good with numbers but without enough personality to be an accountant.
HVN Development Files Plans for 81-Unit, Car-Free Affordable Project at 5922 North Lemp Avenue in North Hollywood
HVN Development, the North Hollywood homebuilder led by former Thomas James Homes chief executive Tommy Beadel, has filed plans for an 81-unit, fully...
Sanchotena Express Leases 57,000 SQFT at Otay Mesa’s 1490 Air Wing Road
Logistics firm Sanchotena Express has leased 56,684 square feet at 1490 Air Wing Road in Otay Mesa, tapping San Diego's cross-border trade corridor...
NuShoe Leases 63,000 SQFT at Otay Mesa Industrial Building
Footwear reconditioning company NuShoe has leased 63,225 square feet at 7603 St Andrews Avenue in Otay Mesa from Beard Land Improvement Company, adding...
Malibu High Headlines California’s Nation-Leading Push for Solar-Powered Schools, Report Finds
A new national census of clean energy in K-12 schools crowns California the runaway leader in both solar capacity and battery storage, with...
Private Investor Buys 41-Unit Cambridge Apartments in Downtown Chula Vista for $10MM
The South Bay trade marked the quarter's lowest per-unit apartment pricing in the county, an entry point for a private buyer wagering on...
Simon Property Group Launches Ad Business Across Its Southern California Malls and Outlets
Simon Property Group, landlord of Southern California draws from Del Amo Fashion Center to Ontario Mills and Carlsbad Premium Outlets, has launched a...
Atlas Management Group Buys 31-Unit 4th & Arbor Apartments in San Diego’s Hillcrest for $12.7MM
The small infill trade in one of San Diego's densest urban neighborhoods underscored steady investor demand for well-located older apartment stock even as...
Plug-In Solar Bill Heads to Newsom, Opening Distributed Power to Southern California Renters
California's Legislature sent SB 868 to Gov. Gavin Newsom on Aug. 26, a measure that would let Southern California renters and multifamily owners...
Immobiler Olive Buys 50-Unit Olive Avenue Apartments in Lemon Grove for $12.3MM
The East County workforce-housing trade priced at a steep discount to the countywide average, reflecting the wide value gap between San Diego's inland...
