San Diego
JV Acquires San Diego’s Broadstone Corsair
Olympus Property and Artemis Real Estate Partners are rebranding the 360-unit community Olympus Corsair. It is the city’s only LEED Gold-certified market-rate community.
JPI Lands Financing for $104M San Diego Community
The 172-unit Jefferson Pacific Beach will encompass three acres and include 14,000 square feet of ground-level retail and creative office space.
TruAmerica JV Acquires $90M San Diego Community
The 519-unit Eagles Point in Escondido, Calif., comprises studio, one- and two-bedroom floorplans ranging from 440 to 995 square feet. The community will undergo TruAmerica’s largest renovation plan in company history.
Walker & Dunlop Closes $289M Financing for CA Portfolio
The properties comprise nearly 2,200 units in four major markets. Of the 21 properties, 11 have Section 8 HAP contracts to provide affordable housing, and 10 qualify for Fannie Mae’s Green Rewards Program.
Berkadia Closes Record Sale in Encinitas
Property West Residential purchased a 120-unit community in San Diego County for $53 million from Equity Residential.
SENTRE Bags $13M for San Diego Community
CVG Properties Inc. acquired Carlton Heights Villas, a 70-unit apartment community in the neighborhood of Santee. The property had an occupancy rate of 98.6 percent as of last month, following a major makeover.
Affirmed Unveils San Diego Affordable Housing
The 62-unit community designed by Carrier Johnson + Culture is an eco-friendly project that will serve homeless individuals with special needs.
NKF Snags Senior Housing Experts
Rob Black and Sean McNee have joined as senior managing directors in the firm’s San Diego office. The two veterans come from Cushman & Wakefield, bringing 21 years and 17 years, respectively, of industry experience.
Kidder Mathews Arranges San Diego Community Sale
Landon Family Trust purchased the five-unit property in Ocean Beach for $1.6 million from The Frederick W. and Leone P. Jackson Trust.
New Solutions Spark Alternative Energy Advances
Renewable energy is alive and well in California, according to industry panelists at Realcomm 2017 and management at the solar powered Solterra EcoLuxury Apartments.