Real Estate News Archive

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Showing 1-20 of 1682 stories from the past year.

Community HousingWorks, a nonprofit organization dedicated to helping people find home stability, announced the spinoff and transfer of its homebuying programs to Springboard, a national consumer financial services nonprofit.

Get ready for a wave of takeovers of U.S. publicly traded landlords.

A report last week from the Federal Reserve showed household net worth -- assets minus liabilities -- in the second quarter of 2015 rose to a record $84.9 trillion. While the stock market moved sideways, if not lower, in the three-month period there was a $503 billion increase in the value of residential real estate.

The San Diego Daily Transcript Corp. is closing its doors, so all company equipment must be gone soon.

ACI Apartments has announced the recent sale of a four-unit complex in El Cajon. The 2,904-square-foot property, located at 532-538 E. Lexington Ave., was purchased by The Wendy Walker Sommars Trust for $761,000.

ACI Apartments recently sold a five-unit complex in El Cajon. The 5,580-square-foot property, located at 810 S. Magnolia Ave., was purchased by John K. Fike for $1.1 million.

KCM Group announced that real estate executive Julie Robson has joined the company as director of business development.

Houston-based Boxer Property announced its acquisition of Sorrento Ridge Corporate Center in San Diego.

Commercial real estate investment services firm Marcus & Millichap (NYSE: MMI) announced the sale of 2409 Market Street Apartments, a 14-unit apartment property located in San Diego.

Lee & Associates, a broker-owned commercial real estate firm, has hired commercial real estate veteran Kelly Nicholls as a senior vice president.

BioMed Realty Trust Inc., a landlord with properties catering to biotechnology companies, is exploring a sale and has drawn interest from firms including Blackstone Group LP, according to people familiar with the talks.

Sperry Van Ness | Finest City Commercial, the local franchise of the national commercial real estate firm Sperry Van Ness International Corp., just announced this week that the company will be changing its name to Sperry Van Ness | Asset Advisory Group effective immediately.

Business and professional groups are planning a range of activities this week.

Real estate activity in two North San Diego County markets reflected a typical trend toward a seasonal downward drift as prices and volume.

Five San Diego-area industrial parks -- once part of an 828,315-square-foot portfolio that Westcore Industrial Properties -- have been sold for $50.9 million to a Colony Capital entity following a foreclosure earlier this year.

The seven-story, over 100,000-square-foot medical building in the Midway area at 3455 Kenyon St., San Diego 92110, has been sold for $20 million, cash.

The two-story, 15,472-square-foot flex industrial/R&D building at 2320 Cousteay Court, Vista 92081, has been sold for $2.1 million.

The 9,172-square-foot building at 555 S. Rancho Santa Fe Road, San Marcos 92078, has been sold for $2.03 million.

EquityKey, a San Diego-based home finance company, has appointed John Robbins, former Mortgage Bankers Association chairman and founder of the American Residential Mortgage Corp. to its advisory board.

Hayden House Tempe LLC -- a partnership between San Diego-based Douglas Wilson Cos. and Hensel Phelps Development LLC -- has signed an agreement with Kimpton Hotel & Restaurants to manage a new, luxury boutique hotel in Tempe, Ariz.

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