La Mesa
Construction Tops Out at La Mesa Townhome/Apartment Complex
Good and Roberts, an affiliate of general contractor C.W. Driver Companies, has topped out on Ibis La Mesa. Owned by Sea Anemone, LLC,… Read more
Private Investor Divests San Diego Mixed-Use After Decades of Ownership
Marcus & Millichap finalized the sale of La Mesa Mixed-Use, a 12,196-square foot mixed-use property located in San Diego. The asset sold… Read more
La Mesa’s Former Lamps Plus Location Causes Bidding War
CBRE’s Michael Peterson, Camille Doan, Reg Kobzi, Joel Wilson, Hunter Rowe and Matt Carlson arranged the $6.3-million sale of 8375 Hercules St, in La Mesa. The team represented the seller,… Read more
Family Trust Divests La Mesa Mixed-Use
Marcus & Millichap closed the sale of Maple & University, a 5,950-square-foot mixed-use property located in La Mesa. The assets sold for $1,925,000. The… Read more
GHI Provides Financing for La Mesa Mixed-Income Project
Greystone Housing Impact Investors LP (GHI) provided construction and permanent financing for the new construction of a 40-unit mixed-income development… Read more
WNC Closes 2022 Raising $118M of LIHTC Equity
Irvine, CA-based affordable housing investment company WNC closed-out a successful 2022, raising $118 million in low-income housing tax credit (LIHTC)… Read more
KeyBank Provides $43M Financing for La Mesa Multifamily Project
KeyBank Community Development Lending & Investment has provided a $31.9 million construction loan and a $10.9 million bridge loan to… Read more
Waterton Enters San Diego Market with Multifamily Acquisition
Real estate investment firm and Chicago-based Waterton has entered the San Diego market with the purchase of Veranda La Mesa,… Read more
La Mesa Apartment Complex Changes Hands for $4M
Real estate brokerage firm Marcus & Millichap has arranged the $4 million sale of 4590 Date Avenue, a 12-unit multifamily… Read more
Northmarq Secures $22M Refinancing for La Mesa Townhome Communities
Aaron Beck, the managing director of Northmarq’s San Diego office, has arranged $21.8 million in financing for Trio, three townhome-style… Read more
The Cove Buyer Plans $10K Per Unit in Upgrades
With limited multifamily product, a buyer found substantial upside in The Cove apartment complex located at 7400 Parkway Dr. in… Read more
Universe Holdings Acquires La Mesa Multifamily for $34M
Universe Holdings has acquired Serena Vista, a 110-unit multifamily property, for $34.45 million, or approximately $313,181 per unit. Located at… Read more
Hunt Real Estate Capital Finances La Mesa MF
Hunt Real Estate Capital provided a $25.5-million loan under the HUD 223(f) Heavy LIHTC program to finance La Mesa Springs,… Read more
Port of San Diego Holds Discussions on Master Plan Update
A major update to the Port of San Diego is in the works, and the department has planned a series… Read more
TruAmerica, Intercontinental Claim Largest La Mesa TOD MF
TruAmerica Multifamily, in partnership with Intercontinental Real Estate Corporation, acquired the leasehold interest in the largest transit-oriented development in San… Read more
Sentre Sells Recently-Renovated La Mesa MF
Sentre divested Enclave at Lake Murray, a 35-unit, newly-renovated, garden-style apartment property in La Mesa, CA. RM Realty acquired the… Read more
Cohn Plans 25K-SF Restaurant, Craft Brewery in La Mesa
Cohn Restaurant Group plans a 25,000-square-foot restaurant, brewery and event venue on a two-acre parcel it acquired for $1.8 million… Read more
MBK Claims West Living Portfolio for $382M
Irvine, CA-based MBK Senior Living acquired the West Living Portfolio, a collection of nine top-quality senior housing communities located in… Read more
62-Unit MF in La Mesa, CA Sells for $14M
Rimrock Apartments, located at 8420 Buckland St. in La Mesa, CA, has sold for $14.1 million. The buyer was Joehnk… Read more