10Y UST5.10%-1.73%30Y MTG7.40%SOFR3.89%+0.26%VNQ$91.76+0.35%XLRE$42.16+0.40%FED FUNDS3.88%
Real Estate Trail
Institutional Press Wire
Markets · CA

San Diego

Life sciences, defense, and a coastal supply ceiling keep San Diego durable. Multifamily fundamentals remain among the strongest in the West, and high-end land trades selectively.

State of the Market

San Diego at a glance

Updated continuously
Tracked items
0
Most active: Multifamily
10Y UST▼ −1.73%
0.00%
30Y MTG—
0.00%
SOFR▲ +0.26%
0.00%
Analyst’s read

The San Diego commercial real estate market is navigating a complex landscape characterized by shifting investor sentiment and evolving sector fundamentals. Demand remains robust in select sectors, particularly those aligned with technology and life sciences, while traditional office spaces face headwinds amid changing work patterns. Lenders are exercising caution, with a more selective approach to underwriting, reflecting broader economic uncertainties and a recalibration of risk appetite among allocators.

Most active sectors
  • Multifamily13
  • Capital13
  • Office6
  • Retail3
  • Hospitality3
  • Industrial2
Coverage velocity

Items added to the wire per week · last 12 weeks

Latest activity

News Wire — San Diego

Full wire →
Connect CRE · San Diego · Multifamily

PCCP Provides $41M Refi on North Park Multifamily

PCCP has provided a $41-million senior loan to refinance Tenney North Park, a newly constructed, 125-unit multifamily property with ground-floor retail in San Diego’s North Park submarket. The loan was provided on beh…

Oct 16
Commercial Observer · San Diego · Capital

ACORE Lends $71M on San Diego-Area Industrial Development

North Palisade Partners has sealed $71.25 million in acquisition and construction financing to develop an industrial project in the San Diego region, Commercial Observer has learned. Acore Capital supplied the loan fo…

Oct 6
Connect CRE · San Diego

Affirmed Housing Breaks Ground on Affordable TOD in La Mesa

The San Diego Metropolitan Transit System (MTS) and Affirmed Housing held the groundbreaking of Spring View, the latest transit-oriented affordable housing community to result from the organizations’ longstanding part…

Sep 30
REBusiness Online · San Diego · Multifamily

Vista International Sells Molokai Apartments in San Diego for $11.2M

SAN DIEGO — Marcus & Millichap has arranged the $11.2 million sale of The Molokai Apartments, a 39-unit property in San Diego. Austin Ray Huffman and Chris Zorbas, of the Zorbas Huffman Group based out of Marcus & Mil…

Sep 24
Commercial Observer · San Diego

A Different Downtown San Diego Is Taking Shape

Downtown San Diego looks a lot different than it did a year ago. People who haven’t spent much time there recently may still picture the challenges that dominated conversations before: quiet streets, empty storefronts…

Sep 18
Connect CRE · San Diego · Office

DivcoWest Brings Gensler to San Diego’s DiamondView Tower

CBRE and DivcoWest have completed three significant lease transactions at DiamondView Tower, an office and mixed-use property adjacent to Petco Park in Downtown San Diego’s Ballpark District, reinforcing the property&…

Sep 17
Connect CRE · San Diego · Multifamily

Harrison Street, U. of San Diego to Partner for On-Campus Housing

Harrison Street Asset Management and The Michaels Organization have formed a public-private partnership agreement with the University of San Diego to build the Presidio Terrace Apartments, a planned new $230 million,…

Sep 15
Connect CRE · San Diego · Multifamily

CEDARst Snags $80M Construction Loan for San Diego Apartments

CEDARst obtained an $80 million construction financing for The Samuel, a 197-unit Class A multifamily development in San Diego’s North Park neighborhood. JLL worked on behalf of the CEDARst Companies, in arrangi…

Sep 3

Archive — San Diego

Full archive →
SALE · San Diego · Land

Laurus Finalizes Sale of 114-Acre Former Golf Course

Laurus Corporation divested the former Carmel Highlands Golf Course in San Diego's Rancho Penasquitos community to 33North Development Group for a reported $14.5 million.

Source: Connect CRE|Sep 8, 2016|Laurus Corporation