SAN DIEGO-John Alioto of the Alioto Trust buys the local multifamily property from George Scoortis. Built in 1970, the complex houses six one-bedroom apartments and three two-bedroom units.

SAN DIEGO-San Diego County's economy continues to hold steady, as recent research by the California Employment Development Department reports that the unemployment level here has dropped from 4.4% in August to 4.1% in September.

SAN DIEGO-Alvin E. and Ruth E. Sunday acquire the apartment complex from RSL Landis LLC as part of a 1031 Exchange transaction. Located at 3167 Landis St., the property houses a total of 13 units.

SAN DIEGO-As Centex Homes nears completion on its Montefaro condo project, the Dallas-based developer is moving steadily through the approval processes necessary to begin work on its Avion mixed-use complex.

SANTEE, CA-Carlton Villa Housing Partners LP acquires the Santee affordable housing asset from private investor Carlton Country Club Villas of San Diego. The purchase has been financed with tax-exempt bonds and tax credits.

SAN DIEGO-The auto repair chain signs a lease agreement with landlord Gas Plus for 5,240 sf in the city. Located at 3425 Midway Dr., the newly leased space includes four service bays.

SAN DIEGO-Mayfair dba Trilogy on Fifth LLC snaps up the property from O' Bryan Family Trust for $1.8 million. The new owner plans to build a 25-unit luxury condo project on the site.

LA JOLLA, CA-With build-out slated for March 2004, Centrex Homes is wrapping up construction on its Montefaro condo development that is rising at 7255 Girard Ave. here. Upon completion, the project will consist of 48 luxury units housed in a total of five buildings.