ESCONDIDO, CA-Berkshire Mortgage Finance provides the Fannie Mae loans for three different Escondido multifamily properties, Mission Village I & II and Mission Bell Apartments. Located within a half-block of each other, the properties consist of three non-contiguous parcels.

SAN DIEGO-A new multifamily complex that would bring direly needed affordable housing to downtown San Diego moves one step closer to reality, as the Center City Development Corp.'s board of directors recommends approval of the proposed exclusive negotiation agreement with Oak Shelter Systems LLC.

SAN DIEGO-San Diego Mayor Dick Murphy appoints Sylvia C. Rios to the San Diego Unified Port District's board of commissioners. Rios, who is the first Hispanic to be appointed to this role, is one of seven members on the Port District's board.

SAN DIEGO-Burger Construction kicks off demolition at 3332 Greyling Dr., which is the planned site of the new Sav-On Drugs store. The retailer will replace Henry's Marketplace as anchor tenant in the Serra Mesa Shopping Center.

SAN DIEGO-Burnham Real Estate Services brings Greg Bisconti on board as associate vice president. In this position, he will handle sale and leasing of office assets in the core markets of San Diego from North City to downtown.

SAN DIEGO-The Unified Port of San Diego will kick off the repair project next Tuesday. Slated for an August 2003 completion, the project will involve the improvement of the pier's structural components and utility systems.

SAN DIEGO-Seller Starpoint Properties LLC reports a gain of 107% on the property, which it originally purchased in September 2001 for $4 million. Built in 1968, the complex houses 129 units.

CHULA VISTA, CA-Eastlake Commerce Center acquires the 3.08-acre site, known as lot 25, with plans to build a multi-tenant industrial facility on the property. The transaction is valued at $939,154.