The Heights, a five-building, 489,817-square-foot office complex in Aliso Viejo, has seen its lender take over the property via a foreclosure auction, trading hands for less than half its prior valuation.
After dinner service on Friday, Café Japengo the once see-and-be-seen hotspot that evolved into a venerable dining destination for creative Asian fare will close its doors at the Aventine complex, an apparent casualty of rising rents and the booming culinary scene in the Westfield UTC area.
Chart: Korea Post hunts for managers across 11 mandates | Asset Owners asianinvestor.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from asianinvestor.net Daily Mail and Mail on Sunday newspapers.
Article - HVS Report - The Rebounding San Diego Lodging Market Attracts Investor Interest - By Marcus R. Lee - In 2022 and the first half of 2023, San Diego hotels experienced unprecedented RevPAR growth, similar to much of California, as markets recovered from the impact of the COVID-19 pandemic. As a result, hotel development and transactions have been strong. However, construction of full-service hotels remains challenging amid a steep rise in development costs.
South Florida Developers Hit Favorite Wealthy Summer Spots therealdeal.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from therealdeal.com Daily Mail and Mail on Sunday newspapers.