July 27, 2025 - 18:19

In the wake of the controversial 101 Ash Street acquisition, city auditors have provided San Diego with a comprehensive set of recommendations aimed at preventing future real estate missteps. City Auditor Andy Hanau emphasized that while the guidelines were specifically designed for significant real estate transactions, the underlying principles could be beneficial for any major decision made by the city council.
The auditors' blueprint includes a series of checks and balances intended to enhance transparency and accountability in the decision-making process. These measures are crucial for ensuring that the city does not repeat past mistakes, particularly those that have led to costly financial repercussions.
Despite the clear advantages of implementing these recommendations, there appears to be a lack of urgency in adopting them. City officials have been urged to take these insights seriously to foster responsible governance and protect taxpayer interests. The hope is that by adhering to these guidelines, San Diego can navigate future real estate endeavors with greater confidence and success.
June 15, 2026 - 02:25
Meet the always-on Energizer Bunny keeping the city’s biggest little brokerage aliveFrank Nolan is a force of nature in San Francisco real estate, a former waiter who now powers the city`s largest independent brokerage through sheer hustle. He lives in the fast lane, literally and...
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SpaceX employees now have enough wealth on paper to buy every home in this Texas cityA new report reveals that SpaceX employees collectively hold enough stock-based wealth on paper to purchase every single home in the Texas city of Brownsville. The figure, which has not been...
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Japanese real estate investors raise return targets amid rising ratesInstitutional investors in Japan are adjusting their real estate strategies, setting more ambitious return targets as the country`s interest rate environment shifts. After years of ultra-low...
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Deal Ticker: Craig International to Give $200 Million Renovation to Former Globe Life HQCraig International is set to invest $200 million into renovating the former Globe Life headquarters, a major redevelopment project that will breathe new life into the long-vacant corporate campus....