LA JOLLA, CA-The seven-year institutional placement will serve as a mezzanine-debt facility for The Olson Co., thus providing a new capital structure for the developer. In turn, the company will no longer need to

APPLE VALLEY, CA-A private investor snaps up the 5,000-sf building, which is currently leased by Banner Mattress. The triple-net leased investment stands at 20152 Highway 18.

SAN DIEGO-Funded by Imperial Capital Bank in just 20 days, the acquisition financing paves the way for ET Corp.'s purchase of the JDS office building in Downtown San Diego.

CARLSBAD, CA-Developer Continuing Life Communities LLC completes the first phases of its La Costa Glen senior project. The project's first phase consists of 54 villas and 259 apartments homes situated on 25 acres in a park-like preserve.

SAN DIEGO-The land, which is located atop Fortuna Mountain, will become the newest addition to Mission Trails Regional Park. It will remain undeveloped, as part of the city's Multiple Species Conservation Program.

SAN DIEGO-The Fourth District Court of Appeals hands down a verdict in favor of the city regarding a lawsuit challenging the San Diego City Council's decision to issue bonds for the Ballpark Redevelopment Project.

ENCINITAS, CA-Buyer CDMPY El Camino LLC and PLENC LLC purchases the property after securing a $10.7-million loan from Credit Suisse First Boston/Column Financial. Located at 141-215 S. El Camino Real, the shopping center is currently 91% leased.

SAN DIEGO-Construction on the 346-unit Casoleil Apartments complex is nearly finished, with completion slated for summer of 2003. Rising at Dennery Road and Del Sol Boulevard, the built-out project will consist of 17 Tuscan-style buildings and numerous amenities.