Real Estate News Archive

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Showing 1-20 of 1829 stories from the past year.

LOS ANGELES – In San Diego County, the July median price for an existing single-family home was $523,070, down 1.6 percent from June but 8.1 percent higher than a year ago.

(Bloomberg) -- Countrywide Financial Corp. co-founder Angelo Mozilo hasn't entirely escaped prosecutors’ wrath for his company’s risky lending.

The approximately 32,103-square-foot building at 13915 Danielson St., Poway 92064, has been sold for $3,412,500, cash.

The 2,007-square-foot office condominium in the Hillside Professional Office complex in Mission Valley at 2221 Camino Del Rio South, San Diego 92108, has been sold for $460,000, cash.

Lee Suryani and Bo Gibbons, of Pacific Coast Commercial, represented the buyer of Oceanview Plaza, the 25,386-square-foot medical office building at 2420 Vista Way in Oceanside, and an adjacent 41,818-square-foot vacant lot fronting on Ivy Road, for $5,925,000.

A time traveler of today visiting the Coronado of six decades ago would see two businesses still in operation just a few blocks from each other: the Hotel del Coronado and Lee Mather Co. Realtors.

A 349-unit apartment project in Pomona that had been under construction for 14 months has been completed, according to a release from builder Wermers Multi-Family Corp. of San Diego.

Given the depletion of distressed homes on the market, investors are changing their strategy and are moving away from purchasing homes in more popular, urban areas in favor of more rural areas of the state where better deals can be found, according to a California Association of Realtors (C.A.R.) investor survey.

(AP) -- Members of three Northern California Indian tribes rallied outside a federal water agency office in Sacramento to demand more water be released from reservoirs to prevent the spread of a parasite among salmon returning to the Klamath River to spawn.

The Casa Loma Apartments, the 30-unit Golden Hill property at 2875 A St., San Diego 92102, has been sold for $3.4 million, or $113,333 per unit.

The approximately 14,000-square-foot office building in Mission Valley at 6950 Friars Road, San Diego 92108, has been sold for $3 million, cash.

Daniel Foley and Savvas Marinos of Colliers International represented the buyer of the 16-unit apartment in Pacific Beach at 1827 Reed Ave., San Diego for $4.05 million, cash. Mark Friedman of Realty World represented the seller.

Lee Suryani and Bo Gibbons of Pacific Coast Commercial represented the buyer of Oceanview Plaza, the 25,386-square-foot medical office building at 2420 Vista Way in Oceanside, and an adjacent 41,818-square-foot vacant lot fronting on Ivy Road, for $5,925,000.

Leasing Notes are updated twice weekly and are now available in a fully searchable database format at
Land: Wash 'N Go car wash has leased 17,663 square feet of land at 3342 Rosecrans St., San Diego 92110, from Wells Fargo Bank and Kelley Invest Securities Corp. The property was leased for 234 months at $2,122,184. The site was formerly occupied by a used car lot.

Countywide home resale prices and interest rates are edging upward, inventory levels remain low, and student loan debt is forcing recent graduates to leave the state for more affordable housing.

Gov. Jerry Brown signed into law Friday legislation that makes it much more difficult for commercial real estate brokers to represent both sides of a sales or a leasing transaction.

Rick Reeder and Aric Starck, executive managing director and managing director, respectively, with Cassidy Turley of San Diego, represented the buyer, a real estate investment and acquisitions firm, and the seller, a privately-held firm based in San Diego, in the Deal of the Week.

(Bloomberg) -- Odeon Capital Group LLC, a New York-based broker-dealer, hired two traders and opened a second Los Angeles office as it expands its mortgage-bond team.

The 14-building, mixed-use portfolio totaling 235,472 square feet at Miramar and Kearny Villa roads, San Diego 92126, has been sold for $35,151,000.

The 19,110-square-foot office and warehouse condominium in Otay Mesa in the Amistad Distribution Center at 10065 Via De La Amistad, San Diego 92154, sold for $1,180,800, cash.

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