April 23, 2015 Comments Off on San Diego Apartment Market as Nice as the Weather Views: 210 California News, San Diego

San Diego Apartment Market as Nice as the Weather

So, the San Diego apartment-market is hot, but this transaction that we came across shows signs of definite progress in somewhat tertiary markets. A 66-unit asset in Carlsbad called BluWater Crossing traded for $39.7 million.  The Macquerie Group sold the 174,544-square-foot building to Pacifica Real Estate Services.

How do you feel about the multifamily market around the San Diego area? Is it getting overheated or are assets priced accordingly?

Read More at SDBJ.com

 

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