San Diego
JV Acquires Massive San Diego-Area TOD
TruAmerica Multifamily and Intercontinental Real Estate Corp. secured Alterra & Pravada at Grossmont Station, a 527-unit property in La Mesa.
Pathfinder, Silvergate to Transform Former Convent into Apartments
Little Flower Haven in La Mesa, Calif., closed in 2015 and will be converted into 130 units. Construction is scheduled to begin in the fall of this year.
San Diego Community Changes Hands in All-Cash Transaction
Located in the Little Italy neighborhood, the 40-unit luxury community traded for $21.3 million. The asset includes a 2,475-square-foot ground floor retail space.
5 Innovative Products from NAA’s 2018 Apartmentalize
At the National Apartment Association’s recent event, nearly 10,000 attendees gathered to take in the latest information on the evolving multifamily industry. Here are some of the newest products aiming to change the market.
Deliveries Slated for Cycle Peak in San Diego
Strong demand and a relatively slow pipeline keep the city as one of the country’s most stable multifamily markets.
JV’s San Diego-Area Townhouses Near Completion
Pathfinder Partners and D.K. Realty Holdings are developing Paseo Village Townhomes in Ramona. The community will include 31 units across nine buildings.
Marcus & Millichap Brokers San Diego-Area Buy
Chris Zorbas, senior managing director with Marcus & Millichap, represented the seller in this deal, while ACI Principal Terry More worked on behalf of Paolo & Elisa, the buyer.
ACI Arranges Sale of Small San Diego Community
Principal Terry Moore represented the buyer, while South Coast Commercial Vice President Ben Vogelsang worked on behalf of the seller in this $1.6 million deal.
2018 NAA Conference Coverage
Speakers at the 2018 National Apartment Association’s Apartmentalize tackled hot topics including affordable housing, marketing, the apartment demand, credit scores, cybersecurity and more.
San Diego Mixed-Use Tower Tops Out
The Richman Group of California Development Co. and Level 10 Construction have topped out K1, which includes 220 units and 7,000 square feet of commercial space.