Category Archives: Real Estate

Bill Gates Buys Beachfront Compound in Del Mar for $43 Million

Bill Gates Buys Beachfront Compound in Del Mar for $43 Million

Ava Kalea and Stacia Kennedy in front of Bill Gate's new beachfront compound in Del Mar
Ava Kalea and Stacia Kennedy in front of Bill Gate’s new beachfront compound in Del Mar.

Perhaps the biggest news locally this week (besides that the beaches may open on a limited basis on Monday) is that Bill Gates and his wife Melinda have reportedly purchased a sprawling beachfront compound in our beautiful community of Del Mar for a paltry $43 million. It’s along the route that I’ve been walking since the beaches are closed and many in and around the neighborhood were talking about the news as we walked by the past few days. One many said that he even saw Bill leaving the other day, but that has not yet been confirmed.

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KB Home Earns 10th ENERGY STAR Partner of the Year – Sustained Excellence Award

EPA Energy Star Award 2020 Partner of the Year KB Home Local Business Scoop

KB Home recently announced that it has been named an ENERGY STAR Partner of the Year – Sustained Excellence Award Winner for an unprecedented 10th consecutive year by the U.S. Environmental Protection Agency (EPA). KB Home has built 140,000 ENERGY STAR certified homes, more than any other builder in the nation, which are estimated to… Continue Reading

Rents Already Dropping Like a Rock, Home Values to Follow

According to an article posted the other day on the Los Angeles Fox 11 newsite at FoxLA.com, rents are already dropping in the Los Angeles region due to the effects of the Corona Virus or Covid-19. Over two weeks ago, shortly after the first stay at home order, I predicted that both rents and property… Continue Reading

Kilroy Realty Corporation Wins 2020 ENERGY STAR Partner of the Year Sustained Excellence Award

Kilroy Realty Corporation announced today that the U.S. Environmental Protection Agency (EPA) has for the seventh year in a row recognized KRC as an ENERGY STAR Partner of the Year. In addition, the EPA has also recognized KRC for the fifth time with its Sustained Excellence designation. EPA’s annual ENERGY STAR Awards honor organizations that… Continue Reading

Del Mar Investment Firm Cazador Acquires More Multifamily Properties in San Diego

According to a post at SanDiegoRealEstate.re, Del Mar – based Cazador Investments, LLC has closed on five separate acquisitions across San Diego County in the last nine months, totaling 44 multifamily units and 4 commercial spaces in several desirable submarkets. Hunter Beaumont, President of Cazador, comments, “These acquisitions were each situational opportunities where we could get into… Continue Reading

Trumark’s Wallis Ranch Named “Master Planned Community Of The Year” At PCBC 2017 Gold Nugget Awards

Trumark Communities recently announced that Wallis Ranch, the 184-acre master planned community in Dublin, CA, was named “Master Planned Community of the Year” at the 54th Annual Gold Nugget Awards presented by PCBC, the largest annual homebuilding trade show in the Western United States.  The awards gala, held on Thursday, June 29, 2017, marks Trumark’s trifecta… Continue Reading

Nomad Temporary Housing Achieves Highest Average Survey Scores in the 15th Annual 2017 Relocation Managers’ Survey

Trippel Survey & Research, LLC conducted its fifteenth annual survey to obtain evaluations from corporate relocation managers regarding their level of satisfaction with temporary housing service providers. For the second year in a row, Nomad Temporary Housing achieved the highest average survey score, rating higher than all other national and regional temporary housing brands. Nomad… Continue Reading

You Are a Powerhouse – Now Put It to Good Use

By Samantha DeBianachi  What do you do once you have broken the glass ceiling? Women everywhere are achieving far beyond what was thought possible not too long ago. For women, there is some work yet to be done, but in the business arena women are making names for themselves as serious power-players. Once you achieve… Continue Reading

Virtua High Growth Fund Completes Sale of Kentucky Apartment Interest

Virtua High Growth Fund (VHGF) has completed the sale of its interest in Patchen Oaks Apartments, a 192 unit apartment complex located in Lexington, Kentucky. In March 2016, VHGF purchased a minority interest in the Patchen Oaks property based on an equity valuation of $1,066,428.  The apartment project was sold on April 20th with net… Continue Reading

Santa Rosa Apartments in Wildomar Sells to MG Properties Group for $74.5M

MG Properties Group, a private San Diego-based real estate investor and operator, recently announced the acquisition of the Santa Rosa Apartments in Wildomar, California. Built in 2008, Santa Rosa offers 320 luxury apartment homes in a desirable low density two-story walk-up design. Santa Rosa is adjacent to the Inland Valley Medical Center, Kaiser Permanente, and Southern… Continue Reading