Jonathan Barach Barach: “The barriers to entry in San Diego are very high.”

SAN DIEGO—Vista Investment Group studied the San Diego market for a number of years, making sure that if it made an investment in this region, the company would be as successful as it is in other markets, the firm’s president Jonathan Barach tells The firm recently acquired the 80-unit La Mesa Palms multifamily community at 4300 Echo Court here for $18.97 million, marking the Los Angeles-based real estate investment company’s entry into the San Diego market. The seller was a private family investor that had owned the property for more than 40 years.