Real Estate News Archive

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Home prices are rising, but incomes aren’t keeping pace.

The three-level, 27,403-square-foot Island Terraces shopping center at 1033 B Ave., Coronado 92118, has been sold for $19,723,500, cash.

Los Angeles has put a temporary halt to the construction of huge mansions in some of its historic neighborhoods.

The National Association of Realtors has given its annual community outreach award to the Greater San Diego Association of Realtors, based on its efforts to educate potential homebuyers and ensure smart growth.

The 14-unit Chateau Shasta apartment, at 5543 Shasta Lane in La Mesa, has been sold for $2.8 million.

Apartment and office buildings in San Diego County seem to be either brand-new or more than 40 years old, with few in between.

With Kidder Mathews staffing its new office with brokers from other San Diego firms, the topic of broker/agency commission splits is front and center.

A Civic San Diego panel voted Tuesday to tentatively set aside $17 million in federal tax credits to support a planned co-work space in Normal Heights and help a local job training nonprofit serve more young adults.

Thousands of signatures for and against One Paseo are now being tallied and verified by the San Diego County Registrar of Voters as the effort to put the 1.4-million-square-foot mixed-use development on a referendum enters its next chapter.

Carlsbad Corporate Center, the 28,042-square foot office building at 2385 Camino Vida Roble in Carlsbad 92011, has been sold for $4,260,809.

(AP) -- Its days may be numbered but it looks as if Los Angeles' seedy, long-abandoned Sunset Pacific Hotel may be going out in style.

San Diego’s BioMed Realty Trust (NYSE: BMR) and Escondido’s Realty Income Corp. (NYSE: O) are poised to be among the 10 best-performing real estate investment trusts this year, according to a report Wednesday in the Investopedia stock analysis site.

The eight-unit 50th St. Apartments in Talmadge at 4455 50th St., San Diego 92115, have been sold for $1,253,000.

Leasing Notes are updated twice weekly and are now available in a fully searchable database format at

Growing interest in crowdfunding may prompt University of San Diego's Burnham-Moores Center for Real Estate to offer additional, in-depth programming.

San Diego is unique due to its location, with Mexico to the south, the desert to the east, the water to the west and Camp Pendleton to the north. And in 2015, the unique city with the best weather in the country will retreat below pre-recession level as the market’s available retail space continues to remain in high demand.

For the past two decades, Xpera Group and its construction subsidiary have been involved in renovating more than 100 condominium complexes throughout Southern California on behalf of homeowner associations. Now, the firm is building upon that specialized expertise with a new service division, Xpera RE, focusing entirely on the renovation — and re-positioning — of income-generating properties.

Jimmy Ayala has been named vice president of project management at Pardee Homes, and he brings more than a decade of experience in land use, planning and community development to his new position.

(AP) -- Three dozen members of Congress from California, Oregon and Washington are urging full funding of a West Coast earthquake early warning system.

The Federal Reserve’s apparent decision to keep interest rates low for at least the next few months should be good news for real estate investment trusts, particularly those in the health care sector such as San Diego’s BioMed Realty Trust, according to a report in this morning’s Investor Business Daily.

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