Prebys Foundation buys Wells Fargo Plaza tower to uplift downtown San Diego
A San Diego-based private foundation with more than a billion dollars in assets is putting its financial weight behind buoying the most troubled sector of the downtown real estate market.On Friday, Prebys Foundation purchased the 24-story office building at 401 B St., better known as Wells Fargo Pla
What’s more volatile: Stocks or California home prices?
The recent wild ups and downs of stock prices may offer some comfort to those who prefer the somewhat more serene history of California home values.To see how the plot twists on Wall Street compare with swings in real estate, my trusty spreadsheet looked at histories of stocks (the Standard & Poor’s
Oceanside considers new protections for residents in rentals
A proposal for “urgency ordinances” to protect people living in rentals passed on a 3-2 vote Wednesday after the Oceanside City Council reached a compromise on some of the provisions.One of the new ordinances could cap rent increases at a maximum of 5% annually, or up to 8% annually in the case of “
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