San Diego’s world-renowned life science cluster broke a new record at the start of the year: The vacancy rate for lab and office spaces hit 14 percent — an all-time high.Three years ago, businesses were fighting for space in San Diego’s main life science hubs like Sorrento Valley, La Jolla and Del M

One of San Diego’s flagship shopping destinations is stepping into the next generation of retail with plans to remake an anchor space into an upscale apartment community.Simon Property Group announced earlier this week that it will redo the west end of Fashion Valley with 850 luxury residential unit

The San Diego City Council recently voted to raise developer fees to cover additional city workers, new technology and other efforts.Critics argued the fees would only make housing less affordable and complained permitting has long delays, as well as suggesting the increased fees should come with in

San Diego’s elected leaders agreed Wednesday that the city should move toward securing a formal agreement with local developer Chelsea Investment Corp. to build more than 400 units of affordable housing on an East Village block once destined for a luxury hotel.Members of the City Council’s Economic

Eager to exit its failing downtown operations building, the city of San Diego has agreed to lease the entirety of an empty office building in Mission Valley and will move a portion of its development services department to the facility later this year.Monday, San Diego City Councilmembers voted 8-1

This is the first of five installments that will address boards, homeowners, managers, vendors and HOA lawyers.Governance1. HOA governance is a team sport. It’s different from our career jobs because the board legally controls the HOA, not the president. The president is not the boss but mainly is t

An ambitious plan by a local affordable housing developer to build more than 400 low-income units in downtown San Diego has reached a key milestone that will allow the city to start negotiating terms for redeveloping a site once intended for a five-star Ritz-Carlton hotel.The city’s Economic Develop

If you’re looking for a 3-bed, 2.5-bath house with flexible multi-level spaces, beautiful details set in a sophisticated design language that reaches back to the glory days of Modernism in Los Angeles, look no further than this exceptional property from Corsini Stark Architects. Known as the Callow

A Superior Court judge has blocked the California Department of Real Estate from revoking the license of the broker who advised San Diego city officials to lease a downtown high-rise, then pocketed millions from the deal.Real estate adviser Jason Hughes won a stay of that planned penalty at a hearin

Interest rates and home prices are so high in San Diego that even vacation rental buyers have fled.Mortgages for second homes in San Diego metro, typically a good indicator of vacation rental purchases, were down 45 percent in 2023, said a new study from real estate website Redfin and data analytics

The pain: Rent hikes outpaced pay raises in 44 of 50 big U.S. metropolitan areas during the past four years — and in four of six metros from California in this study.The source: My trusty spreadsheet reviewed Zillow’s analysis of the growth in rents vs. increases in average hourly earnings between 2

Q: If the board decides to change any rules shouldn’t those rule changes be placed on the open general session board meeting agenda for discussion and vote of the board members before being sent out for the 28-day comment period? Is it a violation to make this decision in executive session, without

The cacophony of construction activity at the sprawling Riverwalk project site that follows Friars Road just west of Fashion Valley mall has been replaced with nothingness as the promise of nearly a thousand homes is suspended until market conditions improve.After completing $90 million worth of inf

Known for his sleekly Modernist style (inflected with a dash of Italian Rationalism from the 1930s) John Maniscalco has become one of the Bay Area’s most in-demand architects. His eponymous firm has created beautifully conceived and detailed residences from the Peninsula to Marin County, the Wine Co

The vast majority of low-income renters in San Diego County are spending more than half of their income on rent, said a new study. San Diego’s Affordable Housing Needs Report, released Thursday by the nonprofit California Housing Partnership, gave the region poor marks across the board for everythin

Nearly all of Campo has been for sale since 2019 — without a buyer in sight. Now, a new real estate team has taken over the task of selling almost the entire unincorporated community, which is a little more than an hour from San Diego. The sale would include 28 buildings, a mix of former Army barrac

University Height’s new luxury apartment complex, The Nash, is at the crossroads of three popular neighborhoods and is the first attempt at a San Diego project from a Chicago developer. The Nash has 190 apartments, with an average rent around $2,900 a month, and opened last week. There are many amen

Many associations struggle with a poor manager relationship, resulting in frustration for both sides. However, such struggles are sometimes created by the board and not the manager. Therefore, these can be resolved by a change in board practices.Truly, some managers are simply not cut out for the jo

Mortgage rates hit their highest point this year, 7.52 percent for a 30-year, fixed rate loan, this week.San Diego home prices have continued to increase and went up the fastest in the nation in December and January, said the S&P Case-Shiller Indices.Some experts have said the limited number of home

A property formerly owned by hotel developer Doug Manchester sold for $35 million this week — making it La Jolla’s biggest-ever sale. The more than 30-acre property at 7007 Country Club Drive beats the previous biggest La Jolla sale by more than $10 million. The purchasers of the property were an in