Coronado
Real Estate
Nearly $80 Million Secured to Develop 251 Units of Housing in Kearny Mesa
Construction financing has been obtained to develop a mid-rise multi-family complex, Ion Convoy, in Kearny Mesa, according to a real estate brokerage. Bill Chiles, Scott Peterson and Morgon Fraser with CBRE Capital Markets’ Debt and Structured Finance team in San Diego secured the three-year term, $78.5 million senior construction and mezzanine loan for the San Diego-based real estate development firm AAA Management.
These are San Diego's hottest ZIP codes for home value appreciation
Homes in Rancho Penasquitos and Mira Mesa are hot commodities in San Diego's real estate market, as those areas saw the highest jumps in home values this year compared to 2023 per Zillow data shared with Axios. Why it matters: Fewer homes on the market kept prices growing, even as...
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