News
San Diego Multifamily Report – June 2022
A slow pipeline and strong demand continue to boost gains in the sector.
Northwestern Sells East Bay Senior Housing for $39M
JLL Capital Markets brokered the sale of the 2007-built community in Brentwood, Calif.
Breeden Co. to Develop Richmond Apartments
Completion of the project is scheduled for spring of 2024.
Most Developers Facing Construction Delays: NMHC
The organization’s latest survey shows 83 percent of delays were due to permits.
Newgard Lands $170M for Miami Condo Project
The development is set to break ground later this year.
Sun Communities Buys Southern California MHC for $18M
HARRI5 brokered the sale of Bel Air Estates, an over 55 community in Menifee.
Vesper Holdings JV Pays $21M for Tampa Student Asset
The 444-bed property is serving the students at the University of South Florida.
Morgan Properties Expands in North Carolina
A $7 million value-add strategy is planned for these newly acquired communities.
Mixed-Income Community Opens in San Diego
The 102-unit Valencia Pointe is some 3 miles northeast of National City.