SAN DIEGO-The demand for residential apartments in San Diego is much better compared to hotels or offices. CoStar Group has reported that the sales volume of 25 local apartment units stood at $145 million in 1H10, while it amounted to $196 million in 1H09.
However, sales are driven mainly by low interest rates and capital investment flowing from the sidelines. The San Diego market fared much better compared to other areas in the country. For the full story, go to San Diego Business Journal.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
