SAN DIEGO-In one of the most sweeping local uses of a 1031 tax exchange transaction, seven apartment properties involving 10 ownership interests have changed hands in North San Diego.

SAN DIEGO-Senior Resource Group LLC is reporting record pre-lease activity at new communities in San Diego, Sherman Oaks and Santa Barbara. The firm's newest development, in Sherman Oaks, reached full occupancy within six months of opening.

SAN DIEGO-Developers, government officials and environmentalists have been negotiating on revisions to the Otay Mesa Conveyance plan, which will guide commercial and residential development of 23,000 acres in South County, for almost 10 years. A deal may be at hand.

CHULA VISTA, CA-The City Council on Tuesday altered the city's general plan to accommodate the project by Eastlake Development Co., which is slated for the northeast corner of Otay Lakes Road and the proposed state Route 125.

SAN DIEGO-In the largest deal, valued at more than $1.4 million, Alvarado Hospital Medical Center Inc. signed a five-year lease for 11,634 sf of office space at 8885 Rio San Diego Dr.

ESCONDIDO, CA-Tycoon Development, headed by Solomon Levy, asked the City Council to give a developer more time to pay nearly $150,000 in deferred building fees related to his La Terraza shopping center near Interstate 15. The council agreed.

SAN DIEGO-A mortgage company has launched a countywide expansion in the North County in hopes of taking advantage of low lease rates as the area's office market rises from the bottom.

SAN DIEGO-A mortgage company has launched a countywide expansion in the North County in hopes of taking advantage of low lease rates as the area's office market rises from the bottom.