Pacifica Enterprises

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  • Rising Multifamily Rents Lure More Investors

    As San Diego rents continued their growth through 2014, and are projected to follow a similar upward trend, investors are looking to establish a presence in the market, or cash in on their existing asset while values rise.

    San Diego 01 May 2015 20:26

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  • Economy Watch: Closings Loom for Fashion Retailer

    More than 250 stores will close by 2019 and another 400 closings could follow unless landlords grant rent relief, says the owner of such fashion brands as Ann Taylor, Dressbarn and Maurices.

    13 June 2017 15:17
  • NMHC: Flood Waters Rise

    Hurricane Harvey, the Category 4 storm that pummeled the Texas Gulf Coast with destructive winds and historic rainfall in late August, is a fierce reminder that hurricane season is in full swing.

    08 September 2017 09:44
  • Burbank Gets First Industrial Area TOD

    Newman Garrison + Partners will design the high-profile project in Burbank, Calif. The apartment community targeted towards Millennials will feature market-rate and affordable units.

    11 October 2017 11:47
  • Berkadia Closes Leasehold Sale of OC Community

    Bridge Investment Group sold Coronado Palms, a 168-unit garden-style community in Anaheim, Calif., to Canyon Multifamily Impact Fund.

    02 October 2017 14:55
  • San Jose Flea Market Redevelopment to Reach 1,000 Units

    Western National Group plans to develop 560 apartments in North Village, a community included in Market Park San Jose, a 120-acre mixed-use project.

    13 July 2017 10:20
  • Salem Receives Approval for $750M Honolulu Towers

    The development includes 78 affordable apartments for seniors as well as 450 hotel units and condos. EAH Housing will be in charge of the affordable component.

    09 October 2017 18:03
  • Greystar-Led Fund Acquires Monogram Residential

    The $3 billion deal encompasses 49 communities and nearly 14,000 units in 10 states. Joining Greystar as the REIT’s co-owners will be affiliates of APG Asset Management N.V., GIC and Ivanhoe Cambridge.

    10 July 2017 16:12
  • Fort Worth Luxury Development Lands Construction Loan

    Talos Holdings plans to break ground this month on a new 300-unit luxury community in Fort Worth, Texas. The development is scheduled for completion by the end of 2018.

    07 August 2017 15:16
  • Pure Snags $48M Phoenix Asset

    The 264-unit Pinnacle at Union Hills previously traded in 2014, when TA Associates Realty acquired the Class A asset from JP Morgan Asset Management for $36.3 million.

    26 May 2017 18:40
  • Economy Watch: Retail Sales Dip in May

    By Dees Stribling Image courtesy of Flickr Creative Commons user southareapictures. U.S. retail and food service sales dropped 0.3 percent in May compared with April, the Census Bureau reported on Wednesday. That’s the weakest monthly report for retail sales in more than a year and a half. Compared with the same month

    14 June 2017 15:55