San Diego
JV Buys 660-Unit Haven from Foreclosure
TEMPE, AZ-Interwest Capital and Angelo, Gordon & Co. pay $46 million to servicer Petra Capital Management. The new owners plan upgrades to the tune of $5,000 per unit. FULL STORY
Griffin-American Healthcare REIT Buys Centre Medical Plaza
CHULA VISTA, CA-CoStar Group reported that Newport Beach-based Griffin-American Healthcare REIT has acquired Centre Medical Plaza, a two-building medical property in Chula Vista, for $24.6 million. FULL STORY
Kornwasser Sells Lakeview Pleasant Pavilion for $42M
PEORIA, AZ-San Diego-based Excel Trust acquires the 373,000-square-foot community shopping center, which has a 185,000-square-foot Super Targe as its shadow anchor. FULL STORY
Westport Gains Financing for Center Pointe Park
EL CAJON, CA-The Real Estate Group and Marcus & Millichap arranged a $15.4 million, four-year loan for the six-building industrial park, purchased by Westport almost exactly one year ago. FULL STORY
City to Review Plans for $200M Mission Valley Project
SAN DIEGO-The city of San Diego will start preliminary review on plans presented for a $200-million mixed-use development in Mission Valley later this year. FULL STORY
Glasshouse Square Changes Hands for $24M
SAN DIEGO-Rosecrans Plaza Kiffmann LLC has purchased a retail center named Glasshouse Square for a price of $24 million. FULL STORY
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BEIJING-Dalian Wanda’s buy of Kansas City, MO-based AMC creates the world’s largest theater chain, with 432 locations in North America and China.
