The shuttered Costa Verde Center, which takes up 13.9 acres just opposite Westfield UTC in University City, has a new owner with a different vision for the former strip mall that likely features housing as a primary use.On Jan. 31, a newly registered limited liability company affiliated with real es

Southern California’s construction workforce was at 98% of its peak staffing in December – a high level of employment that suggests rebuilding from wildfire damage faces a skills gap.Construction bosses employed 479,900 workers in December in Los Angeles, Orange, Riverside, San Bernardino, San Diego

One of the nation’s top homebuilders is considering building a multi-family housing project on at least a portion of recently acquired industrial land in Scripps Ranch just east of the neighborhood high school.On Dec. 20, Scripps Ranch Community Partners LLC, a newly created entity linked to Shea Ho

Downtown San Diego’s largest apartment complex has sold for $309 million.The 718-unit Park 12 complex, which completed construction in 2019, is next to Petco Park and gets a showcase every San Diego Padres home game as it towers over the eastern half of the ballpark.Park 12’s sale is the second-larg

A 6-year-old life science real estate developer has boosted its San Diego portfolio with the recent purchase of a renovated three-building research campus in the most esteemed corner of San Diego’s science sector.Los Angeles-based Breakthrough Properties purchased the 186,000-square-foot Muse facili

A multi-family housing developer has purchased an empty office building in one of San Diego’s key employment hubs with the expressed intent of creating hundreds of apartments in an area where there are none currently.In late December, Dallas-based JPI bought the 3.65-acre site at 9444 Waples St. in

In an effort to avoid lopsided real estate deals like the one for 101 Ash St. that has cost taxpayers hundreds of millions for a building that still cannot be safely occupied, the City Council on Monday revised the way San Diego will approve future property leases and acquisitions.Council members un

San Diego has fallen from its perch as one of the fastest rising home markets.In November, the San Diego metropolitan area’s home price increased 4.45% annually, said the S&P Case-Shiller Indices report released Tuesday. The highest gains in the 20-city index were in the New York metro area, at 7.32

By Adina Dragos, StackerSean Pavone // ShutterstockFor many, 2024 has been a year of transformations—driven by shifting job markets, lifestyle changes, and emerging trends in urban development. As these changes unfold, 2025 is poised to be an exciting year for rental activity. But, which urban areas

Southern California’s unaffordable homebuying market is helping to push up the cost of renting one.My trusty spreadsheet reviewed a year-end rent report from property-manager consultants Rentometer, which tracks three-bedroom houses in 857 cities nationwide, including 84 in Southern California. Thes

Homeowners and HOAs periodically face major construction contracts for renovation or repairs, particularly after a disaster. Here are some tips to help homeowners and HOAs needing a contractor.What’s the job? Contractors are often asked to prepare the necessary “scope of work,” describing the work n

A development team led by two women, including one local land-use official, bested a decades-old affordable housing firm in the behind-the-scenes real estate competition to convert San Diego’s 101 Ash St. office tower into hundreds of subsidized apartments.On Monday, San Diego City Councilmembers vo

Two development teams are angling to convert San Diego’s 101 Ash St. office tower into subsidized residential units and share similar visions for the asbestos-ridden building.Monday, city of San Diego real estate negotiators will present the dueling proposals — from a team led by Affirmed Housing an

Retail hiring surged in December and brought down San Diego County’s jobless rate to one of its lowest points of the year.The region’s unemployment rate was 4.3% to end the year and overall it added 1,200 jobs, state labor officials said Friday. That rate was the third lowest in 2024, behind 3.7% in

By ALEX VEIGA, AP Business WriterLOS ANGELES (AP) — The latest evidence that homeownership is becoming increasingly less accessible to many Americans: Sales of previously occupied U.S. homes fell last year to a nearly 30-year low for the second time in as many years.Elevated mortgage rates, a yearsl

“How expensive?” tracks measurements of California’s totally unaffordable housing market.Buzz: San Diego County house hunters face potential house payments double what they were five years ago.Source: My trusty spreadsheet tracked this yardstick of affordability by looking at its 37-year history of

San Diego County was on track for its lowest-ever home sale year as mortgage rates and prices stayed high to end the year.Through November, CoreLogic data shows 25,998 home sales. At that sales pace and with interest rates near 7% at the end of December, 2024 could take the crown for slowest year fr

Filled with theoretical promise, the mostly finished Campus at Horton is a hollow shell of what should be, by now, an employment hub and public attraction demonstrating downtown San Diego’s greatest strengths.More than six years after buying the iconic real estate, developer Stockdale Capital Partne

The images of the fires in Los Angeles stopped some Harmony Grove residents cold.Debbie O’Neill knows the stress of evacuating as fire bears down. A decade ago, she and her husband fled after they saw the flames from the Cocos fire crest a nearby hill and hurtle down toward their Harmony Grove home.

As the one-year anniversary of historic San Diego flooding nears, the county Assessor’s Office is reminding property owners affected by it to file for property tax relief ahead of the upcoming deadline on Wednesday.Flood victims who had at least $10,000 in damage to their home or commercial property