San Diego
OliverMcMillan, Capri Capital Start 208-Unit M-F Project in East Village Arts District
A new residential community is set to take shape in San Diego’s East Village Arts District. The new project was announced by the partnership consisting of Capri Capital Partners and OliverMcMillan. The two real estate companies specialize in developing city-street-oriented projects and providing financing for urban housing developments respectively. The…
Continue reading →OliverMcMillan, Capri Capital Start 208-Unit M-F Project in East Village Arts District
A new residential community is set to take shape in San Diego’s East Village Arts District. The new project was announced by the partnership consisting of Capri Capital Partners and OliverMcMillan. The two real estate companies specialize in developing city-street-oriented projects and providing financing for urban housing developments respectively. The…
Continue reading →Beech Street Closes $9.6M Fannie Mae Loan for El Cajon Property
The broker that Beech Street Capital worked with in the transaction is Chris Hutchinson of Alcole Capital Group. The representative has worked with the buyer in three previous deals of this type, while the loan is Beech Street’s third transaction with Fannie Mae MAH. According to a statement issued by…
Continue reading →Aimco Acquires Oceanfront M-F Complex in La Jolla for $29M
Prospect 400 offers a total of 60 residential units including 29 one-bedroom apartments, 24 two-bedroom units and seven studios. The property also features a number of 10 resident garages, while the community’s amenity package offers residents access to a heated pool, a common ocean view sundeck, hydro-therapy spa and a…
Continue reading →Inland American Lodging Grabs Andaz San Diego for $53M
After its completion, the building was known as the Ivy Hotel from 2007 to 2010 when it was rebranded as Andaz San Diego. American Lodging Advisor, Inc., through the voice of its President and CEO, Marcel Verbaas, manifested its excitement regarding the newly acquired asset by noting: “This purchase aligns…
Continue reading →IDS, TIAA-CREF Pay $60M For Kearny Mesa Campus
IDS Real Estate Group recently completed the purchase of a San Diego-area tech center. The real estate company operated through an affiliate involved in a joint venture created alongside an institutional partner for the acquisition of the Cabrillo Technology Center in Kearny Mesa. The seller was Cabrillo Properties LLC. Both…
Continue reading →JMR Plans Q2 Start for $38M Residential Project in Santee
Set to be built at the corner of Cuyamaca Street and Town Center Parkway, the 172-unit community would also offer residents close proximity to the San Diego River and the Santee Trolley Town Square shopping center. Additionally, the San Diego Trolley connects the area with San Diego State University, Old…
Continue reading →Pebblebrook Pays $113M for Embassy Suites San Diego
Pebblebrook Hotel Trust has recently announced the acquisition of one of San Diego’s most iconic hospitality properties. Embassy Suites San Diego Bay is now part of Pebblebrook’s portfolio after the completion of a $112.5 million-deal. The REIT is assuming a $66.8 million secured, non-recourse loan, with the balance of the…
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