San Diego

A rare deal was completed in La Jolla as Zwack Trust recently sold a multifamily asset for a reported $8.55 million.

New Standard Equities is the new owner of a Spring Valley residential community.

Oceanside is getting a new 30-acre gated community as a team of developers recently held an official ground breaking event for the Pacific Ridge project.

After re-entering the California real estate market in 2012, Brookwood Financial Partners has continued to expand its holdings in the state, particularly focusing on the San Diego metro. After spending the better part of last month boosting its management ranks – Brookwood added Matthew T. Brown, Brian Trout and Jonathan K. Dayton to important positions — the company recently completed deals for three office properties in the Carlsbad submarket, adding a total of 351,928 square feet of space to its commercial real estate portfolio.

Southern California’s hospitality market is recording substantial improvement. After a great 2014, this year started off with solid performances, spurring investors toward any available deals. Looking to make a successful investment play on its home court is investment company Southwest Value Partners.

Back in 1986, College Grove was one of the main areas of interest for redevelopment and renewal, with the now-defunct Redevelopment Agency focusing on the College Grove Shopping Center area. Now, the area is going through a quickened gentrification process, spurring investment and interest in properties located in the vicinity of the retail center.

The Chula Vista submarket is set to expand its housing inventory as around 44 acres of land were recently acquired by a venture between Presidio Residential Capital and Cornerstone Communities. The land is part of the Otay Ranch Village 2, a master-planned community in San Diego County.