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California  + San Diego  + Apartments  | 
Gary Jabara's Boardwalk Investments Group has acquired a trio of properties in San Diego and Napa Valley for a total of $620.8 million

Boardwalk Investments Group Makes $621M Acquisitions in San Diego, Napa Valley 

Boardwalk Investments Group, the privately held commercial real estate investment firm of ioXt founder Gary Jabara, has acquired three assets in San Diego and Northern California. The combined purchase price is $620.8 million. 

Spanning hospitality, residential and retail sites, the properties include an eight-story apartment complex at 1810 State St. in San Diego’s Little Italy, The Flower Hill Promenade and shopping center in Del Mar, and the 22-acre Estate Yountville resort in Napa Valley.  

With these acquisitions, Boardwalk Investment Group now owns a combined 449,870 square feet of retail and office space as well as 120 residential units, and 193 rooms of hospitality space in the fastest growing West Coast destinations, including San Diego, Orange County, and Napa Valley. The company said the acquisitions exemplify its commitment to strategic expansion in leading real estate markets. 

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About Paul Bubny

Paul Bubny serves as Senior Content Director for Connect Commercial Real Estate, a role to which he brings 13-plus years’ experience covering the commercial real estate industry and 30-plus years in business-to-business journalism. In this capacity, he oversees daily operations while also reporting on both local/regional markets and national trends, covering individual transactions across all property types, as well as delving into broader subject matter. He produces 15-20 daily news stories per day and works with the Connect team and clients to develop longer-form content, ranging from Q&As to thought-leadership pieces. Prior to joining Connect, Paul was Managing Editor for both Real Estate Forum and GlobeSt.com at American Lawyer Media, where he oversaw operations at both publications while also producing daily news and feature-length articles. His tenure in B2B publishing stretches back into the print era, and he has served as Editor in Chief on four national trade publications. Since 1999, Paul has volunteered as the newsletter editor of passenger rail advocacy groups (one national, one local).

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