Hillcrest and University City Embrace Density and Zoning Reforms
San Diego City Council Approves Landmark Growth Plans San Diego’s City Council has approved ambitious growth plans for Hillcrest and University City, aimed at doubling the populations of these neighborhoods and transforming their urban landscape with high-rise buildings and enhanced transit access. These plans are critical in addressing the local housing crisis by encouraging higher-density […]
Multifamily Insights: Why San Diego’s Cap Rates Remain Persistently Low, Defying National Trends
San Diego’s Multifamily Market Shows Little Signs of Cooling as Cap Rates Remain Compressed. Introduction While the real estate market in San Diego has seen significant transformations over recent years, some things remain the same, notably the persistently low cap rates. As of May 2024, major trades in the San Diego market average just 4.6%, […]
Beyond the Surge: What Makes San Diego’s Rental Market a Prime Investment?
San Diego’s multifamily real estate market has experienced an extraordinary surge over the past decade, characterized by a remarkable 57% increase in average asking rents, significantly outstripping the national average increase of 40%. Such impressive growth is a testament to San Diego’s real estate landscape’s robust demand dynamics and immense investment potential. While several other […]