City: San Diego

Commercial Real Estate Direct Staff Report Breakthrough Properties has turned to the CMBS market for a $465 million loan against its 520,000-square-foot Torrey Heights life-science property in San Diego. Breakthrough, a venture formed in 2019 by Tishman Speyer and Bellco ...

Milan Capital Management has paid $30.5 million, or $221.43/sf, for the 137,742-square-foot Pavilion Shopping Center in the San Diego suburb of Vista, Calif. The Orange, Calif., investment firm acquired the property, at 1900-98 Hacienda Drive, from Brixton Capital of Solana ...

Genesis Capital has provided $66.15 million of financing for the construction of the 198-unit Palm & Hollister apartment property in San Diego. The three-year loan by the Sherman Oaks, Calif., lender, which was acquired by Rithm Capital of New York ...

Commercial Real Estate Direct Staff Report A group of lenders comprised of Goldman Sachs, Morgan Stanley, Barclays Capital, and Wells Fargo Bank is providing $970 million of mortgage financing against the 938-room Hotel Del Coronado in Coronado, Calif. The loan, ...

The venture between Built Development Corp. and Ibex Ltd. that is developing the 74-unit Cuarto apartments in San Diego has lined up $31 million of financing to fund construction. Goodman Capital provided a senior loan, while SteepRock Capital provided mezzanine ...

REBusiness Online CEDARst Cos. has broken ground on Bancroft Lofts, a 218-unit apartment property in San Diego. The Chicago developer is building the property at 3760 Bancroft St., about three miles north of the downtown San Diego. Pacific Life provided ...

CEG Capital Partners has paid $23 million, or $431.57/sf, for the 53,294-square-foot Shops at Madison Place retail property in San Diego. The local commercial real estate investor acquired the property, at 5487-5597 Clairemont Mesa Blvd., from an investor group that ...

Commercial Real Estate Direct Staff Report Hines Interests and Rialto Capital Management have provided $91 million of financing to facilitate Saca Capital's $120 million, or $187.99/sf, purchase of the 638,307-square-foot One America Plaza office property in downtown San Diego. Saca ...