Multifamily news in Market Rate Housing - San Diego
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San Diego Community Sells for $70M
CRBE provided $43 million in financing through Cigna for R&V Management's acquisition of the LEED Platinum-certified property.
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Berkadia Closes $45M San Diego Portfolio Deal
Ed Rosen, John Chu and Tyler Sinks assisted architect Jonathan Segal in the disposition of two properties that he designed and developed.
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Mogharebi Group Closes San Diego-Area Sale
The team of Alex Mogharebi and President Otto Ozen spearheaded the $8.6 million deal.
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Colliers Arranges $35M San Diego-Area Sale
Peter Scepanovic and Corey McHenry assisted the seller in the disposition of a 137-unit Escondido community.
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San Diego Workforce Housing Portfolio Grabs $59M Refi
Union Bank provided the 10-year, fixed-rate loan for the five recently renovated communities.
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Universe Holdings Pays $35M for San Diego Asset
The Class C, 110-unit community last traded in 2016 for almost $21 million.
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San Diego Community Trades for $23M
Property West Residential purchased the 60-unit Class B multifamily asset near one of the city's major universities.
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CBRE Arranges San Diego-Area Sale
Big Horn Investment Properties sold the two-building community for nearly $3 million.
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CBRE Brokers South San Diego County Sale
Allen Chitayat and Nate Pepper represented the buyer, a Viewpoint Equities Inc. subsidiary. Hollister Creek Village traded for nearly $11 million.
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San Diego Suburban Asset Sells for $66M
IDEAL Capital Group and Aegon Real Assets U.S. bought a community in Oceanside, one of California’s last affordable beach cities, in a deal arranged by CBRE.
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San Diego Communities Land $223M Refi
Totaling 803 units in the Kearny Mesa submarket, the two rental properties are part of the 232-acre Centrum Master Plan.
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California Mixed-Use Project Lands $32M Loan
Parkview Financial provided the construction financing for a three-building development in Poway, a northern suburb of San Diego.
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San Diego Community Gets $145M in Financing
Sunroad Enterprises secured the loan for Centrum Apartments Phase 6, a 442-unit residential building and the final phase in the Sunroad Centrum master plan.
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Baldwin & Sons Debuts San Diego-Area Community
Alay at Otay Ranch Town Center is situated roughly 20 miles from the city's downtown, providing proximity to major employers and various entertainment attractions.
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Berkadia Arranges $28M in San Diego Sales
Two properties traded for the highest per-unit price in their respective submarkets. Associate Director Tyler Sinks, Managing Directors Ed Rosen and John Chu worked on behalf of the sellers.