California Hotel Foreclosures Double in Last Three Months
From Watch List reader, Alan X. Reay, founder and president of Atlas Hospitality Group in Irvine, CA, comes this astounding statistic. The number of California hotels in default or foreclosed on has jumped 125% in the last 60 days. The state now has 31…
Mark Heschmeyer
Lone Star Villas Fetches $1M in Sale
Texas Street Property C&G, a San Diego-based investor, purchased the Lone Star Villas at 4135 Texas Ave. in San Diego for $1.06 million, or $132,500 per unit.The property consists of eight units totaling 5,876 square feet. It was built in 1986.Rita…
Micah Horowitz
IntelliDOT Leases 10,000 SF
IntelliDOT, a medical patient safety company, leased 10,883 square feet of office space at 5375 Mira Sorrento Place. Occupancy is expected in the third quarter.Completed in 1991, the 139,655-square-foot building is one of two seven-story structures…
Adrian Robles