The Daily Transcript

San Diego multi-family fundamentals have been steadily trending up over the last several quarters and are poised to continue their growth with recent development and increasing rents. Cap rates have held steady as vacancies have lowered and the number of projects coming on line have brightened the

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Chula Vista apartment on Del Mar sold

The 10-unit apartment at 256-264 Del Mar Ave., Chula Vista 91910, has been sold for $915,000. The buyer was Margo Castagna, trustee of the Margo Castagna Revocable Trust, 4757 Soria Drive, San Diego 92118. The acquisition was financed with a loan of $315,000 from Kaiser Federal Bank.

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Chula Vista Multifamily Sells for $4.9M

News: Regional Mark Covarrubias Aquires 51-Unit Le Chateau Apartments Mark Covarrubias with Cova Management, Inc. bought the Le Chateau Apartments from The Mar Group LLC for $4,852,558, or about $95,000 per unit. The 51-unit apartment building is located at 222 G Street in Chula Vista, CA The

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Coronado apartments on Palm Avenue sold

Monday, September 6, 2010 The 13-unit apartment complex at 305-329 Palm Ave., Coronado 92118, has been sold for $2.8 million. The buyer was Rich Investments-305 Inc., 222 Playa del Norte, La Jolla 92037. Neville Rich is the president of Rich Investments. The property sellers (assessor’s parcel 536-202-01)

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Brokerage firm president optimistic about coming year

By MONICA UNHOLD, The Daily Transcript Wednesday, January 20, 2010 Brian Nelson saw a niche and went after it, leaving behind a comfortable job at a midsize commercial real estate company to strike out on his own with colleague Kevin Hemstreet. Though numerous companies in the region

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