Jun
01

Goshen Investment Property Update – May 2018

Goshen is being rented! Goshen Investment Update – May 2018 We’re currently renting out the 3 unit as short-term vacation rentals, which is the highest rent per square foot given their location and the time of year. Once the rent roll is established, after about two months of rentals, we will begin marketing the property for sale as an investment property. Additionally, since the property is very close to University of San Diego, we will be renting it out as 9-month student housing beginning in September. It should be an attractive investment property for the right buyer, but to keep our options open, we have begun the condo mapping process with the city, which would give us the option to sell each of the 3 units separately if we cannot find a buyer for the whole property. The condo mapping process takes about 6 months. We are exploring these different […]

Jun
01

Costebelle Investment Property Update – May 2018

Costebelle is getting ready for market! Costebelle – Investment Update We’re interviewing realtors and expect to list this beautiful property in June to take advantage of the strong summer selling season in La Jolla. Projected completion: Imminent  

Jun
01

Park Blvd Investment Update – May 2018

Pre-construction work is progressing at Park Blvd. Park Blvd Investment Update May 2018 The permitting process is moving along and if all goes well we could be breaking ground by late summer.  

Jun
01

Granito Investment Property Update – May 2018

Site work continues at Granito! Granito Investment Update May 2018 Construction began in April. Workers began site grading and are now drilling piles for foundation caissons. This is no small job – 31 holes will be drilled 75 feet deep into the bedrock! This part of the project doesn’t provide many photo ops, but arguably it is the most important step in the process. Please visit our Real Estate investments page to learn more about new and alternative investment opportunities to diversify your portfolio. Happy Investing!

Apr
30

Granito Investment Property Update – April 2018

Site work has begun at Granito! Granito Investment Update April 2018 We are thrilled to report that we’ve broken ground on Granito. Site work and grading began in early April. Meanwhile, the local market remains incredibly strong. A nearby project just sold for a record $3,400/sf, which is great news for the neighborhood. Please visit our Real Estate investments page to learn more about new and alternative investment opportunities to diversify your portfolio. Happy Investing!

Apr
30

Park Blvd Investment Update – April 2018

Pre-construction work is progressing at Park Blvd. Park Blvd Investment Update – April 2018 The permitting process is continuing as the city reviews the parking podium plans we’ve submitted. We’ve narrowed the list of General Contractors to three and will continue the selection process to make sure we get the best team for this job. Watch the brief video below to see what an exciting project Park Blvd will be. Please visit our Real Estate investments page to learn more about new and alternative investment opportunities to diversify your portfolio. Happy Investing!  

Apr
30

Monterey Investment Property Update – April 2018

Construction is progressing at Monterey! Monterey Investment Update – April 2018 The roof is fully loaded with tile, tile is being installed and the final rough grading work is happening now. Rains delayed the work but the weather has cleared and work has resumed. The original plans were grandfathered in under an old fire code and after the recent forest fires in the Bay area, the City is requiring us to update to the new code, so we’re working through those revisions. In our last update we mentioned an interested buyer for the property, but unfortunately, we were unable to reach an agreement. The property will be listed in the next 30 days to attract any buyers looking for new product. Projected completion: September 2018 Please visit our Real Estate investments page to learn more about new and alternative investment opportunities to diversify your portfolio. Happy Investing!

Apr
30

Goshen Investment Property Update – April 2018

Goshen is being rented! Goshen- Investment Update April 2018 We’ve rented out one unit and have listed the other units for rent. We are renting the units as short-term vacation rentals for the summer and plan to bring in long-term renters in the fall, in order to position the property for the most profitable exit. The property is attracting strong interest from potential renters. Once we’ve established the rent roll, we’ll be able to market the property. Projected completion: Done. Please visit our Real Estate investments page to learn more about new and alternative investment opportunities to diversify your portfolio. Happy Investing!

Apr
30

Costebelle Investment Property Update – April 2018

Costebelle is getting ready for market! Costebelle Investment Update – April 2018 Custom cabinets have been installed in the bathrooms and kitchen cabinet installation should be finished soon. Roman James is putting the finishing touches on the property so we can get final inspection and go to market in May. A similar off-the-water property in La Jolla, 921 Muirlands, recently went into escrow in the high 9 million range (was listed for 10.9M), which is great news for the project. Projected completion:  Imminent   Please visit our Real Estate investments page to learn more about new and alternative investment opportunities to diversify your portfolio. Happy Investing!

In the News