10Y UST4.79%+0.84%30Y MTG6.66%+0.15%SOFR3.66%-0.54%VNQ$95.78-0.54%XLRE$43.73-0.70%FED FUNDS3.63%
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
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Most active: Multifamily
10Y UST+0.84%
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30Y MTG+0.15%
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SOFR−0.54%
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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
  • Multifamily15
  • Capital13
  • Hospitality5
  • Retail5
  • Office3
  • Industrial2
Coverage velocity

Items added to the wire per week · last 12 weeks

Latest activity

News Wire — San Diego

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Commercial Observer · San Diego · Multifamily

CedarSt Lands $80M for San Diego Multifamily Project

CedarSt Companies has secured $80 million in construction financing for a 197-unit apartment development in San Diego’s North Park neighborhood. CrossHarbor Capital Partners provided the three-year, floating-rate stre…

Aug 31
Connect CRE · San Diego · Multifamily

Greystone Provides Fannie Mae Refi on San Diego Mixed-Income

Greystone provided a $46.79-million Fannie Mae loan to refinance The Nash, a 190-unit multifamily property located at 4135 Park Boulevard in San Diego’s North Park neighborhood. Greystone’s Clint Darby and Andre…

Aug 28
Commercial Observer · San Diego · Multifamily

Stratford Partners JV Buys San Diego-Area Apartments for $34M

A joint venture between Stratford Partners and LLJ has acquired a 189-unit apartment complex in northern San Diego County. The joint venture put down $33.6 million for Pacifica Palms Apartments at 1861 East Washington…

Aug 27
Hospitality Net · San Diego · Hospitality

U.S. hotel results for week ending 15 August

U.S. hotels posted an 18th straight week of positive year-over-year growth, with national RevPAR up 6.2% to $111.29; San Diego led Top 25 Markets with RevPAR surging 22.8%.

Aug 21
Connect CRE · San Diego · Multifamily

Value-Add Golden Hill Apartments Trade in 1031 Exchange

Whitewater Commercial Real Estate, a San Diego-based commercial real estate brokerage specializing in multifamily, arranged the sale of 3013 C St., a value-add complex in Golden Hill. The property sold for $5,337,276.…

Aug 13
Commercial Observer · San Diego · Multifamily

Westphal Company Lands $56M Refi for San Diego Apartments

The Westphal Company has secured $56.1 million in permanent financing for a 354-unit apartment complex in eastern San Diego County. Northmarq arranged the fixed-rate financing through the firm’s Fannie Mae platform. T…

Aug 13
REBusiness Online · San Diego · Multifamily

Geringer Capital Sells 267-Unit Apartment Community in Mesa, Arizona

MESA, ARIZ. — Geringer Capital has sold Avia 266, a 267-unit apartment community in Mesa, to San Diego-based ColRich for $52.4 million, including the assumption of an existing HUD loan. ColRich will rename the propert…

Aug 4
Connect CRE · San Diego · Retail

URW Divests San Diego’s Plaza Bonita to Henderson Park, Lowe

Private real estate equity firm Henderson Park and Lowe have acquired Plaza Bonita, a 1,031,000-square-foot enclosed regional shopping mall in National City, a San Diego suburb, from Unibail-Rodamco-Westfield. Terms w…

Aug 3
PR Newswire · San Diego · Capital

Realty Income Receives 'A' Credit Rating from Fitch Ratings

SAN DIEGO, Aug. 3, 2026 /PRNewswire/ -- Realty Income Corporation (Realty Income) (NYSE: O) (the "Company"), The Monthly Dividend Company®, today announced that Fitch Ratings ("Fitch") has assigned the Company a Long-…

Aug 3
Connect CRE · San Diego · Multifamily

Northmarq Arranged Freddie Mac Loan for Upland Apartments

Northmarq’s San Diego Debt + Equity team led by Conor Freeman and Aaron Beck arranged a $34-million refinance of Northwoods Apartments, a 324-unit garden-style multifamily community located at 1662 W. Arrow Hwy. in Up…

Jul 31
PR Newswire · San Diego · Capital

First Citizens Bank Purchases Office Buildings in San Diego

RALEIGH, N.C., July 30, 2026 /PRNewswire/ -- First-Citizens Bank & Trust Company ("First Citizens Bank"), the wholly owned banking subsidiary of First Citizens BancShares, Inc. ("BancShares") (Nasdaq: FCNCA), today an…

Jul 30

Archive — San Diego

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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