SAN DIEGO-The funds have paid off the balance of the construction financing on four self-storage properties and have afforded the borrower a 10-year, fixed-rate loan.

SAN DIEGO-Residents have settled into the first completed facility of the 280-unit Island Village Apartments complex in the East Village. The three-building project should be finished by the end of this month.

SAN DIEGO-The luxury multifamily development is rising on the north side of Friars Road. It is slated to encompass 396 apartment units and a host of amenities upon completion.

SAN DIEGO-The office developer plans to build a 45,000-sf scientific research facility on the University Town Centre site, which is located in the master-planned La Jolla Commons project.

SAN DIEGO-Centre City Development Corp.'s board of directors has granted design review approval of the revised project, which is being developed by OliverMcMillan. The proposed mixed-use complex will include 148 market-rate apartments, 154 parking spaces and more than 9,000 sf of street-level retail upon completion.

SAN DIEGO-The locally based shopping center REIT announces strong financial results for this year's second quarter, with total revenue increasing 41.1% and net income jumping 66% from the same period in 2002.

SAN DIEGO-Shea Homes and Continental Homes are gearing up to start construction on the recreational component of their Escala master-planned residential community. The recreation center, which is slated to rise on Fenton Parkway, will encompass 6,500 sf upon completion.

ESCONDIDO, CA-The Escondido-based firm reports second quarter revenue as $36.5 million and funds from operations as $23.9 million. The figures reflect an 8% jump in revenue and a 3.9% increase in FFO as compared with the same quarter last year.