POWAY, CA-A Maryland-based mortgage lender recently closed a $1.83-million, 90-day adjustable-rate mortgage refinancing for a 26-unit apartment building here.
LA MESA, CA-RK Properties has tapped into the locally hot multifamily market with its purchase of Casa de Colina Apartments. The deal is valued at $82,558 per unit.
SAN DIEGO-Robert Rauch, managing director of the West Coast office of InterBank Brener, says hotel occupancy levels will hover in the low 60% range until March, compared with 75.4% for the year through August.
SAN DIEGO-The lawsuit accuses the Federal Highway Administration, U.S. Fish and Wildlife Service and U.S. Army Corps of Engineers of improperly issuing permits for the freeway project in violation of several environmental protection laws.
POWAY, CA-GenRad Inc. signs a 10-year, $7 million lease in the Parkway Tech Centre and REMEC Inc. signs a 10-year, $11 million lease deal at Parkway Centre Five Business Park. Both companies leased R&D space.
SAN DIEGO-The county planning office is mulling plans to build a Kaiser Permanente medical office building in Rancho San Diego. Construction could begin next month, as the project does not need approval by the Planning Commission or the Board of Supervisors.
SAN DIEGO-Westcore Industrial Properties has signed three office tenants for space in the Kearny Mesa Corporate Center. The biggest commitment was a 7,506-sf lease valued at $227,000.