Rancho San Diego
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Berkadia Delivers $150M Financing for San Diego Affordable Rehab
Berkadia arranged the financing of Sea Breeze Gardens, a 268-unit affordable housing property in San Diego. Senior managing director Tim Leonhard and SVP and head of acquisitions Chris McGraw of Berkadia Affordable Housing secured the $53.5-million Low-Income Housing Tax Credit equity investment and $97.5 million in bonds that were credit enhanced by Freddie Mac on behalf of the sponsor, Lincoln Avenue Communities.
San Diego Housing Market Displays Subtle Price Dip Amidst Increased Supply and Sales Activity
Amid an overarching sense of stabilization in the housing market, San Diego County's real estate landscape shows nuanced trends. As reported by NBC San Diego, June's data presented a slight slip in median home prices, with a 0.8% decrease from May, even as prices hovered above $900,000 for the third consecutive month. Reflecting on these numbers, California Association of Realtors President Melanie Barker conveyed optimism, stating, "With interest rates coming down to the lowest levels since February and the availability of homes loosening up further in the last few months, the housing market is gearing up for another run in the second half of the year".
Calendar of events for the week of July 19
20 Saturday: George Hooganen is a San Diego writer, bookbinder, and arts community organizer. He teaches writing and bookbinding, and will lead a workshop on bookbinding at 10:30 a.m. in the Winn Room of the Coronado Public Library. This workshop is an opportunity for attendees to learn how a book...
Human smuggling ring leader indicted and arrested in Mexico
SAN DIEGO, California — An indictment unsealed yesterday charges the alleged leader of a human smuggling organization responsible for unlawfully bringing thousands of migrants into the United States. Abdul Karim Conteh, 42, a national of Sierra Leone, was arrested on July 11 in Tijuana, Mexico, at the request of...
Bonsall couple ordered to pay Ulta, Sephora millions for elaborate multi-million theft ring
A Bonsall couple who organized a national crime ring that stole millions from large retailers across the country, particularly luxury cosmetic stores, were ordered by a San Diego judge Thursday to pay millions in restitution to Ulta and Sephora. Kenneth and Michelle Mack pleaded guilty in June to several counts...
Pride Parade, Festival Goers Can ‘Ride With Pride,’ Avoid Parking by Using Transit
The San Diego Pride Parade and Festival will be held at the streets of Hillcrest this weekend. The Pride Parade and Festival is the largest single-day civic event in the region. More than 250,000 spectators are expected to be in attendance Saturday. The Metropolitan Transit System is encouraging those who...
Airbnb Stays Contribute $1.6 Billion to Regional Economy, Company, Report Finds
Guests staying at Airbnb rentals in the San Diego area contributed an estimated $1.6 billion to the regional economy in 2023, according to a report released Thursday by the short-term rental company. The report claims 1.7 million guests contributed more than $34.7 million in local occupancy taxes to the city...
See Who's Joining Sasha Valour in
California's La Jolla Playhouse is readying their world premiere run of Velour: A Drag Spectacular, a co-production with Tectonic Theatre Project. Written by RuPaul's Drag Race winner Sasha Velour and Moisés Kaufman and directed by Kaufman, the show is set to run August 13-September 8 in the company's Sheils and Hughes Potiker Theatre. Opening night will be August 18.
Padres need to be careful with Garrett Crochet pursuit after latest trade talk reveal
For the most part, the San Diego Padres have been fortunate to have a general manager as aggressive as AJ Preller. Just this season alone, Preller managed to trade for Dylan Cease (literally as the team was about to start the regular season) while also shocking the baseball world by getting the Marlins to send Luis Arráez over during a point in the season when trades rarely happen at all.
Good Morning San Diego: Padres OF Jackson Merrill makes All-Star Game history
All the Padres’ exes in Texas for All-Star Game (San Diego Union-Tribune) Padres Notes: All-Star Performances, Traded Prospects, and a Minor League No-Hitter (Sports Illustrated) San Diego Padres OF Just Became Youngest Player to Appear in All-Star Game in 11 Years (Sports Illustrated) Kale Fountain’s wild MLB draft day...
San Diego Girl Trapped in Sand Rescued at Mission Beach
First responders were able to rescue a San Diego girl trapped in sand after she fell into a “very deep” hole in Mission Beach. On Tuesday, a group of children were spotted digging a hole approximately eight to 10 feet deep in Mission Beach, according to the San Diego Fire-Rescue Department. More specifically, a woman noticed the children desperately trying to get the 16-year-old girl who fell into the sand hole out.
JRK Property Holdings Buys $165MM, 394-Room Resort in La Jolla
JRK Property Holdings, through its $350 million Hospitality Fund, has acquired the 394-room Hilton La Jolla Torrey Pines in La Jolla, CA from Braemar Hotels & Resorts for $165 million. The resort sits on an 11.4-acre site adjacent to the famed Torrey Pines Golf Course, 15 miles north of downtown...
Simple Ways to Stay Hydrated This Summer
Source: Scripps Health) – San Diego’s sunny and warm weather makes it perfect for outdoor activities for people of all ages. However, the region is no stranger to heatwaves or very hot weather, so it’s important to drink plenty of water to prevent dehydration. Since our bodies...
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