Articles


Projects, opportunities and real estate industry news

Data Courtesy of the California Association of Realtors (r) July 2018 [caption id="attachment_16499" align="alignnone" width="727"] California Home Sales[/caption] Home sales in California declined for the third consecutive month, 406,920 units, down 1.4% YTD and down 3.4% YTY. Southern California homes sales bounced back in July. [caption id="attachment_16500" align="alignnone" width="730"] Southern California Home Sales Bounced Back in July[/caption] Home sales in California declined in every segment under...

Data Courtesy of CoStar This report consists of apartment building sales and lease data for multifamily investment properties in the North County Submarket containing the cities of Del Mar, Solana Beach, Encinitas, Carlsbad, Oceanside, Vista, San Marcos and Escondido. For multifamily leasing the vacancy rate is 3.7% compared to 4.3% for all of San Diego. Market rents for Studios run in the...

Just Sold - 6 Units in Santa Monica Sale Stats $2,800,000 Final Sales Price Buyer Rep ($750,000 below asking) Location: Prime north of Wilshire, block and half away from Montana, walk to beach and Promenade Market GRM: 14.36 Market CAP Rate: 4.90% 1923 Construction $466,667 price per unit $604 price per foot Eric von Bluecher of Beachbreak Investments Inc. of San Diego,...

Multifamily Sales Report for Encinitas, Cardiff, Solana Beach, Del Mar Sales volume is yet to hit the 2007 peak of just under $60,000,000 for multifamily sales in the prime coastal cities of Encinitas, Cardiff, Solana Beach and Del Mar where only a few apartment building sell every year. Sales volume bottomed out in 2012 with about $9,000,000 in total multifamily sales...

Today we will review the apartment building sales report for Carlsbad, CA for the past year, June 2017 to June 2018. The average price per unit for apartment buildings sold in Carlsbad was $394,917 with a max price per unit of $564,000. The average sales price for apartment buildings sold in Carlsbad was $5,800,000 with a max of $20,000,000. The average cap rate...

Data Courtesy of CoStar 10 Year Trends for Escondido Multifamily Apartment Buildings Sold in Escondido, CA, Zip Codes of 92025, 92026, 92027, 92029, 92030, 92033, 92046. Parameters includes Escondido Multifamily 5 to 100 units, Escondido apartment buildings sold valued at $500,000 and higher. [caption id="attachment_16450" align="alignnone" width="300"] Escondido Multifamily Cap Rates[/caption] Multifamily cap rates peaked in Escondido to a high of over 7.0% in...