• Remembering Joan Jacobs’ Legacy

    Remembering Joan Jacobs’ Legacy,Cole Novak

    “Joan liked her coffee black,” Irwin Jacobs says of his wife, Joan Jacobs, who had passed away at the age of 91 just two weeks earlier. “We spent a lot of time here in the kitchen.”The two were married nearly 70 years, together even longer than that. “We met at Cornell when we were 17,” Jacobs says.

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  • Wolf’s Lair Can Now Be Yours, $15M

    Wolf’s Lair Can Now Be Yours, $15M,Philip Ferrato

    Perched at the top of Beachwood Canyon with views of Lake Hollywood and (on a clear day) to Catalina Island, the c.1924 Norman Revival castle built by real estate developer and art director Milton Wolf is on the market for the first time in a decade. Occupying a four acre lot, the 8-bed, 5.5-bath, w

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  • California rents, per square foot, rank 5th-highest in US

    California rents, per square foot, rank 5th-highest in US,Jon Lansner

    “How expensive?” tracks measurements of California’s totally unaffordable housing market.The pain: California apartment dwellers not only face sky-high rents, they don’t get much space for the dollars they pay to landlords.The source: My trusty spreadsheet reviewed a RentCafe study of average rents

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  • 10 Real-Life San Diego Meet-Cutes

    10 Real-Life San Diego Meet-Cutes,Cole Novak

    I’d love to tell you that my girlfriend and I had the ultimate meet-cute. But our relationship, like so many modern romances, began with a swipe on an app.Still, when I look at her nearly two years later, I feel the same sense of wonder palpable in many of the reader-submitted love stories in these

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  • Downtown San Diego’s 600 B Street office tower in foreclosure

    Downtown San Diego’s 600 B Street office tower in foreclosure,Jennifer Van Grove, Lori Weisberg

    The owner of the 24-story office tower at 600 B Street in downtown San Diego is on the brink of losing the building as the lender seeks to recoup more than $83 million in unpaid debt.The troubled property is the first — but likely not the last — significant casualty of a downtown office market cripp

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  • The price of a San Diego home crosses $1 million for the first time

    The price of a San Diego home crosses $1 million for the first time,Phillip Molnar

    San Diego home prices have hit a new, possibly inevitable, landmark.The median price of a resale single-family home reached $1,001,500 in May, CoreLogic revealed this week, up from a revised $985,000 the previous month. It is a record high for San Diego County, joining only one other Southern Califo

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  • Does overvaluation of homes make homeownership a risky move?

    Does overvaluation of homes make homeownership a risky move?,Phillip Molnar

    National home prices have risen nearly 50 percent since the end of 2019 and several analyses say homes are substantially overvalued.Overvaluation is a predictor of stagnant, even negative, real returns in coming years, a headwind to anyone counting on real estate as a source of wealth, wrote Greg Ip

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  • Lease agreement paves way for long-awaited revival of Mira Mesa Epicentre

    Lease agreement paves way for long-awaited revival of Mira Mesa Epicentre,Jennifer Van Grove

    Mira Mesa’s abandoned Epicentre building is on the cusp of new management as city leaders have OK’d a real estate deal that will allow the county to remodel and reopen the long-shuttered property fronting Mira Mesa Boulevard.Tuesday, the San Diego City Council unanimously approved a 45-year lease ag

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  • New security deposit cap is in effect. What that means for San Diego renters.

    New security deposit cap is in effect. What that means for San Diego renters.,Roxana Popescu

    California’s new security deposit law went into effect Monday. Now, when landlords charge a security deposit, in most cases, that deposit cannot be larger than one month’s rent. The security deposit cap has some exceptions. Below is a guide to the new law.Why was this reform sought?Some landlords us

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  • Called to a disciplinary hearing at your HOA? Here’s what to do

    Called to a disciplinary hearing at your HOA? Here’s what to do,Kelly G. Richardson

    A notice of a disciplinary hearing is not great news, but that is how associations compel owners to be good neighbors. How one responds to a hearing notice can greatly affect the outcome. Here are some tips on how to respond, which hopefully results in a more productive hearing presentation that hel

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  • Sorrento Mesa life science project lands big pharma tenant

    Sorrento Mesa life science project lands big pharma tenant,Jennifer Van Grove

    Veteran life science real estate developer Alexandria Real Estate Equities has secured a pharmaceutical giant as its anchor tenant for a newly constructed building in Sorrento Mesa.Earlier this week, the firm announced that an unnamed, high-credit tenant signed a 10-year lease for 127,382 square fee

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  • Welcome Back To The Nineties In Studio City, $4.7M

    Welcome Back To The Nineties In Studio City, $4.7M,Philip Ferrato

    Originally designed by the architecture firm of Matlin and Dvoretsky—a pair of USC School of Architecture graduates whose work neatly fits in somewhere between L.A. Brutalism and Post Modernism—this 5-bed, 4-bath, 2-half bath property has been skillfully brought into the early 21st century by the cu

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  • 10% of California credit card debt is late, 12th-highest delinquency rate in US

    10% of California credit card debt is late, 12th-highest delinquency rate in US,Jon Lansner

    California shoppers last year aggressively used their plastic to keep on shopping.Golden State credit card balances at the end of 2023 were equal to $4,450 per resident, says the New York Fed. That’s the 11th-highest card usage among the states.But to my trusty spreadsheet, it’s the jump in the bala

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  • Is the San Diego Trolley sustainable without a crackdown on fare evasion?

    Is the San Diego Trolley sustainable without a crackdown on fare evasion?,Phillip Molnar

    Leaders of San Diego County’s public transit system balked at a proposal recently that would have potentially reduced its estimated $80 million annual budget deficit.The board of the Metropolitan Transit System rejected a proposal that would have cracked down on fare jumpers on the San Diego Trolley

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  • A new hotel rising soon in San Diego’s Mission Valley

    A new hotel rising soon in San Diego’s Mission Valley,Lori Weisberg

    A new seven-story hotel that will include a number of extended-stay guestrooms will soon be rising in Mission Valley adjacent to a longstanding Marriott where tennis courts once operated.The 148-room property on Rio San Diego Drive will be Marriott’s first Element by Westin-branded hotel in San Dieg

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  • San Diego built more housing last year than it did in any of the past 17 years

    San Diego built more housing last year than it did in any of the past 17 years,Phillip Molnar

    San Diego County built more housing in 2023 than it did in any of the past 17 years.Last year, 11,673 building permits were pulled across the county, a 21 percent increase from 2022, said the Construction Industry Research Board. The majority of residential construction was in multifamily buildings,

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  • Vote on Midway Rising’s sports arena project expected early next year

    Vote on Midway Rising’s sports arena project expected early next year,Jennifer Van Grove

    San Diego’s negotiations with the Midway Rising development team selected to remake the city’s sports arena real estate in the Midway District are said to be progressing, but final consideration of a development deal will likely get pushed to early 2025.Monday, San Diego City Council members receive

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  • San Diego has fastest rising home prices in the U.S. for 6 months

    San Diego has fastest rising home prices in the U.S. for 6 months,Phillip Molnar

    San Diego had the fastest rising home prices in the nation for a sixth month, but New York is nipping at its heels.The San Diego metropolitan area’s annual home price increased 10.3 percent annually in April, according to the S&P Case-Shiller Indices report released Tuesday. It was followed by New Y

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  • Why can’t we speak at our HOA meeting?

    Why can’t we speak at our HOA meeting?,Kelly G. Richardson

    Q: We have a dispute with our HOA board and tried to inform those present during open meeting time and were not allowed to speak. We were told this was not on the agenda and this is private. Is it not our right to disclose what we do not want kept private?— C.W., VistaQ: Last night I attended a boar

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  • Homeownership suffers in California, US as prices outstrip incomes

    Homeownership suffers in California, US as prices outstrip incomes,Jon Lansner

    Growing the share of homeownership – in California or across the nation – remains a challenge with intensely unaffordable housing.Yes, California’s homeownership rate hit a 13-year high last year — if you ignore the data-challenged, pandemic-twisted 2020 result.My trusty spreadsheet reviewed annual

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