San Diego
Trepp: 41% of San Diego Multifamily Debt Matures Within Two Years, but Refi Outlook Holds
San Diego faces one of the heaviest multifamily loan maturity schedules in the West, with more than 41 percent of its securitized apartment...
Orange County Industrial Construction Costs Jump 6.5% as Southern California Warehouse Pricing Tops $160 Per Foot
Orange County posted one of the steepest industrial construction cost increases in the Americas this year, while San Diego, Los Angeles and the...
IZOLA Bakery Lands Second San Diego Location at Longfellow’s Biovista Life Science Campus
IZOLA, the East Village bakery that launched in 2020 by lowering croissants from a third-story window, will open its second bakeshop later this...
Irwin Jacobs Commits $50MM to Father Joe’s Villages’ $300MM-Plus Plan to Replace East Village’s Joan Kroc Center With Three Towers
Qualcomm co-founder Irwin Jacobs has pledged $50 million, the largest gift in Father Joe's Villages' 75-year history, to jump-start a plan to tear...
Pasadena’s Alexandria Extends $5B Credit Line to 2032 as San Diego Sales Feed Debt Paydown
Pasadena-based Alexandria Real Estate Equities pushed its $5 billion revolving credit facility out to 2032 at a lower spread, a refinancing that carries...
Affirmed Housing, MTS Announce Groundbreaking on $116MM, 147-Unit Spring View in La Mesa
Two six-story buildings with studios through three-bedroom apartments for households earning 30 to 60 percent of area median income are rising at the...
Sunroad Enterprises Sells Fully Leased 24,000 SQFT Sunroad Plaza in Vista to All-Cash Institutional Buyer
Sunroad Enterprises has sold Sunroad Plaza, a fully leased 23,540-square-foot drive-thru retail center at 485 Hacienda Drive in Vista, to an all-cash institutional...
Los Angeles Leads Southern California Construction Pay, Trailing the Bay Area in Real Wages
A Construction Coverage analysis of federal wage and cost data put Los Angeles atop Southern California for cost-adjusted construction pay at $61,295, with...
Wakeland Housing Breaks Ground on $48MM, 50-Unit Senior Housing and Community Center on Former Imperial Beach Church Site
Wakeland Housing and the Imperial Beach Neighborhood Center have started construction on The Haven on Palm, which will put 50 apartments for low-income...
Chula Vista Orders Due Diligence on Millenia Film Studio Partner After $15MM Investor Exits
Chula Vista has hired HR&A Advisors to vet the startup behind a proposed film and media hub at the city's new Millenia library...
Newport National-Led Group Reacquires 96,000 SQFT Civic View Corporate Center in San Marcos
A partnership led by Newport National Corporation, with Bluebird Capital and Sundance Bay, has bought back the fully leased Civic View Corporate Center...
Living Trust Acquires 59-Unit El Cajon Apartment Community for $13.25MM
At $224,576 per unit, the 59-unit community trades for roughly 44 percent less than San Diego County's average multifamily price, reflecting its East...
