Lincoln Acres
REAL ESTATE
Opinion: Tide Is Turning for Affordable Housing in California’s NIBMY Coastal Cities
In California, most cities are working diligently to produce much-needed housing, especially affordable housing for those with low to moderate incomes. San Diego, for example, built more housing last year than it did in any of the past 17 years — up 21% from 2022. However, many affluent cities...
Cost of housing in Tijuana up 30 percent from last year
"This has impacted the cost of land, labor, materials affecting many, especially those in the construction industry," said Kim. "There are so many housing projects going on at the same time, we don't have enough labor."
Multi-Family Home Builder Has Beaten All Expectations
SAN DIEGO--(BUSINESS WIRE)--Jul 26, 2024-- A multi-family development platform that launched less than 4 years ago with little more than a single lot and a vision for urban infill development in San Diego has beaten all expectations. Atlas West Group has become one of the largest and most influential multi-family builders in San Diego. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20240726094807/en/ San Diego Mayor Todd Gloria touring a new Atlas West community | Photo credit: Office of Mayor Todd Gloria.
Litigation threats frustrate Encinitas leaders as state puts a squeeze on housing
Recent lawsuits from California’s attorney general indicate a new reality for housing development in San Diego County that could significantly reduce local control of land use. Attorney General Rob Bonta threatened legal action against Encinitas in 2022 after the city failed to approve a housing project in Olivenhain. The...
San Diego's limited housing supply affecting affordability
San Diego's housing market continues to have far fewer homes available for sale than industry experts consider healthy. Why it matters: Housing supply has a big impact on affordability. By the numbers: At the current pace of sales, it would take about 1.7 months to sell through the inventory of...
Charter Comms Extends 134,000 SQFT Lease at Pacific Corporate Center in Sorrento Mesa
Cushman & Wakefield (NYSE: CWK), a leading global commercial real estate services firm, announced that Charter Communications has extended the lease term for its 134,000-square-foot flex / corporate HQ facility — located at 10200 Pacific Mesa Blvd. at the Pacific Corporate Center — in San Diego’s Sorrento Mesa submarket.
Chicago developer opens $75M community in San Diego
Chicago-based developer CedarSt Companies has taken the next step in its West Coast expansion with the opening of its first Southern California property — The Nash, a 190-unit, seven-story mixed-use development in San Diego’s University Heights neighborhood. The project, which broke ground in May 2022, is a bright...
San Diego County Properties Valued at Record-High $768 Billion
San Diego County’s gross assessed value of all taxable property, including residential, commercial and industrial land, has reached $768 billion, which is 5.58% higher, or $40.6 billion greater than last year, according to Jordan Z. Marks, San Diego County Assessor-Recorder-County Clerk (ARCC). The ARCC office also said the 2024...
Welcome to NewsBreak, an open platform where diverse perspectives converge. Most of our content comes from established publications and journalists, as well as from our extensive network of tens of thousands of creators who contribute to our platform. We empower individuals to share insightful viewpoints through short posts and comments. It’s essential to note our commitment to transparency: our Terms of Use acknowledge that our services may not always be error-free, and our Community Standards emphasize our discretion in enforcing policies. We strive to foster a dynamic environment for free expression and robust discourse through safety guardrails of human and AI moderation. Join us in shaping the news narrative together.