JENNY DUMAI AND
ILANA MACZKA
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FEATURED LISTINGS
- 3D
New$560,000
1 Bed1 Bath732 SqFt1250 Cleveland AVE #G102, San Diego, CA 92103
Condo
Listed by Krystopher Benyamein of Allstars Realty
- 1/32 32
New$1,050,000
2 Beds3 Baths1,684 SqFt301 W G ST #136, San Diego, CA 92101
Condo
Listed by George Fillippis of Real Broker
- 1/57 57
Open Thu 10AM-12PM$1,339,000
2 Beds2 Baths1,392 SqFt430 San Antonio Ave ##1, San Diego, CA 92106
Condo
Listed by Ken Pecus of eXp Realty of California, Inc
- 1/13 13
New$845,000
1 Bed1 Bath860 SqFt532 Via de la Valle #D, Solana Beach, CA 92075
Condo
Listed by Thomas McBee of Pacific Sotheby's Int'l Realty
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Meet Jenny and Ilana
RECENT SALES
- 1/46 46
closed
$1,120,000
$1,120,000
3 Beds3 Baths2,337 SqFt1297 Poplar Spring Rd, Chula Vista, CA 91915
Single Family Home
Listed by Ilana Maczka of Coldwell Banker West
- 1/45 45
sold
$1,120,000
$1,120,000
3 Beds3 Baths2,337 SqFt1297 Poplar Spring Rd, Chula Vista, CA 91915
Single Family Home
Listed by Ilana Maczka of Coldwell Banker West
- 1/26 26
closed
$905,000
$905,000
2 Beds2 Baths1,031 SqFt3204 Caminito Eastbluff ##55, La Jolla, CA 92037
Townhouse
Listed by Jenny Dumai of Coldwell Banker West
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WHAT'S GOING ON AROUND TOWN?
Bank takes back 600 B Street office tower in downtown San Diego
A symbol of downtown San Diego’s faltering central business district, the 24-story office tower at 600 B St. has gone back to its lender after a monthslong foreclosure process.Late last month, Western Alliance Bank took back the building from former owner Rockwood Capital through a forced sale triggered by the real estate investment firm’s unpaid bills.The bank purchased the property for $44.4 million — or the amount of the unpaid debt, as listed in the trustee’s deed upon sale — in an Oct. 30 public auction, according to information filed with the county.Opened in 1974 and upgraded in 2007, the 359,278-square-foot office building at 600 B St. takes up an entire city block between Sixth and Seventh avenues downtown. The building is 41.9% leased with 235,660 square feet of space available for rent, according to data from real estate tracker CoStar.WeWork had long been the building’s largest tenant, occupying around 100,000 square feet of space, but all of the coworking company’s space was listed as vacant by commercial real estate firm CBRE as of mid-2024, said Joshua Ohl, CoStar’s senior director of market analytics. The city of San Diego and the city’s fire-rescue department are smaller tenants in the building.San Francisco-based real estate investment firm Rockwood Capital — using the entity 600 B Street San Diego LLC — purchased the 1.38-acre property for $109.5 million in August 2017. The tower was 90% leased at the time of the transaction.The company initially took out a short-term, $81.2 million loan with HSBC Bank to finance the buy, property records show. In October 2021, Rockwood then refinanced its debt with Western Alliance Bank, taking out a $77 million, variable-rate loan from the bank. Eighteen months later, the real estate investor stopped making its monthly payments.In late June, after more than a year of delinquency, First American Title Insurance Company, acting as trustee, filed a notice of default and initiated the foreclosure process on behalf of the bank. The notice of default listed the total amount owed as $83.8 million.“When a loan is in default, under California civil code, you can commence a non-judicial foreclosure,” said Gordon Gerson, whose commercial real estate law firm, Gerson Law, represents financial institutions.The foreclosure begins with a notice of default recorded against the property and, if the loan is not repaid within 90 days, eventually wraps up with a public auction on the courthouse steps, he said.“It looks like here there was no bidder at the foreclosure sale and because of that, the trustee’s deed upon sale shows that it went back to the lender,” Gerson said.It’s not clear why the $83.8 million debt listed in the notice of default varies substantially from the $44.4 million amount identified in the trustee’s deed of sale. Gerson said the discrepancy is not common in the foreclosure process, but could be the result of a negotiated agreement between the bank and Rockwood.Western Alliance Bank declined to comment. First American Title did not respond.The 600 B St. building is one of a handful of office towers in downtown’s central business district, on or near B Street, that have traded hands through forced or fire-sale transactions in the past year.Last year, the overhauled and rebranded Twenty by Six property at 450 B St. and 451 A St., was transferred to a new owner for an undisclosed sum through a deed in lieu of foreclosure. In September, Irvine Company, San Diego’s biggest office landlord, sold Symphony Towers for cheap. And, last month, a local real estate developer got a deal on the 530 B St. building and intends to convert vacant floors into residential units.“They’re all suffering from the same issue, which is declining occupancy and concomitant lower lease rates, and that process is going to take some time to shake out,” said real estate analyst Gary London, a principal of local firm London Moeder Advisors.“The pandemic (took the market) from an evolutionary change that was brought on by technology, in terms of occupancy and need for office space, to a revolutionary change,” London said. “We’re going to see a continuation of the decrease in demand in office space in every market, but it’s particularly acute in the central business district markets throughout America.”Going forward, 600 B will likely have another new owner in short order.“Lenders are not in the business of owning and managing property,” Gerson said. “There are parties probably lining up at that lender’s door right now offering bottom-fishing prices for the property.”As it stands, the bottom of the market was set by Irvine Company, which sold Symphony Towers for $84 per square foot.The San Diego Union-Tribune previously occupied four floors at 600 B, before giving back two floors in 2023 and vacating the other floors earlier this year.
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15 Things to Do in San Diego This Weekend: Nov. 19–24
Some say Christmastime can’t start until after Thanksgiving, but why fight the holiday spirit if it seeps in a little early? Put up those trees, listen to Mariah Carey, deck the halls—go nuts. And, while you’re at it, begin your holiday festivities with spirited events throughout San Diego. Gift shopping will be an all-day affair at the Encinitas Holiday Street Fair, Santee is lighting up a tree for the season, and the outdoor ice rink in Point Loma invites skaters to glide for a good cause. There’s also a cozy ramen festival, new theater productions, local business anniversaries, and many more things to do this weekend. Food & Drink | Concerts & Festivals | Theater & Art Exhibits | More Fun Things to DoCourtesy Parfait ParisFood & Drink Events in San Diego This WeekendSan Diego Ramen FestivalNovember 21What better way to fight off the brutal SoCal cold than with a piping hot bowl of ramen? The San Diego Ramen Festival will offer a menu of 12-ounce selections to slurp. The festival takes place at the Handlery Hotel this Thursday from 6 to 9 p.m. It also features live entertainment, local pop culture vendors, and ramen-inspired artwork. Ticket options include general admission passes ($44.52) with three ramen servings and VIP ($129.89) with perks like unlimited beer and sake samples, six ramen servings and an extra hour of admission (5 to 6 p.m.). 950 Hotel Circle North, Mission ValleyParfait Paris 10-Year Anniversary PartyNovember 23Parfait Paris is saluting a decade of decadence in San Diego by throwing a street festival packed with sweets. This Saturday from 11 a.m. to 5 p.m., the Parisian bakery will offer an assortment of French goodies, along with bites from The Sushi Stand and drinks courtesy of Understory Bar and Hopnonymous Brewing Co. RSVPs are required for this anniversary event, with $5 admission for adults (redeemable for food and drinks) and free entry for children and teens under the age of 15. 3555 India Street, MiddletownConcerts & Festivals in San Diego This WeekendCyndi Lauper at Viejas ArenaNovember 20Cyndi Lauper sang some of the defining hits of the 1980s and composed the beloved musical adaption of Kinky Boots. Now, on her final arena tour, Lauper is here to remind us all that “Girls Just Wanna Have Fun.” Tickets are on sale for $55.10 for Wednesday’s concert at Viejas Arena. 5500 Canyon Crest Drive, RolandoSan Diego Live Aid November 21Many San Diego families were affected by the devastating rain storms that hit the city in early January. To raise proceeds for them, three local tribute groups—All Fired Up, Supreme Legacy, and The Mamas & The Papas Experience—are throwing a special charity concert. This Thursday evening at Humphreys Backstage Live, guests will hear timeless renditions of nostalgic hits. Tickets range from $23.60 to $39.102241 Shelter Island Drive, Shelter IslandCourtesy Oceanside Museum of ArtTheater & Art Exhibits in San Diego This WeekendYour Local Theater Presents: A Christmas Carol, by Charles Dickens, Again at La Jolla PlayhouseNovember 19–December 15In Your Local Theater Presents…, Julliard grad Eddie can’t escape a local production of A Christmas Carol. There will be six preview performances of this world-premiere play at the La Jolla Playhouse now through Nov. 23, with tickets ranging from $30 to $72 before the show officially opens on Nov. 26. 2910 La Jolla Village Drive, La JollaJust Like Us at Grossmont College Stagehouse TheatreNovember 21–23 Based on Helen Thorpe’s nonfiction book of the same name, Just Like Us follows four Latina teenagers who, as the children of undocumented immigrants, are impacted by the heated national debate on immigration. There will be four performances of Just Like This, as well as additional shows Dec. 5–7. Tickets for the general public are $18. This Grossmont College production will also have performances on December 5–7.8800 Grossmont College Drive, El CajonTres minutos at Jacobs Music CenterNovember 22Composer Nicolás Lell Benavides and librettist Marella Martin Koch’s poignant chamber opera, Tres minutos, reckons with the devastation of sudden deportation. The title of the program is inspired by Border Angels’ initiative that grants families three minutes of reunification at the border. The Border Angels documentary Love Has No Borders will be screened before the performance, and ticket-holders can attend an artist talkback after the show. Tickets to this musical program at Jacobs Music Center Friday night can be purchased for $35 here.1245 Seventh Avenue, DowntownCONTRA-TIEMPO Activist Dance Theater’s joyUS justUS at Mandeville AuditoriumNovember 22 & 23Created and directed by Ana Maria Alvarez, joyUS justUS is a collaborative effort between communities of color in South Los Angeles, who aim to demonstrate joy as a form of resistance. General admission is $40 and can be purchased here.9500 Gilman Drive, La JollaIt’s A Wonderful Life: A Live Radio Play at Spreckels Performing Arts CenterNovember 22–December 15Beginning this Friday, the Spreckels Performing Arts Center will host an audio-centric take on a beloved holiday film, presenting It’s a Wonderful Life as a vintage radio play à la Orson Welles’ The War of The Worlds. There will be evening showings Friday and Saturday at 7:30 p.m. and Sunday afternoon at 2 p.m. General admission tickets are $32 and can be purchased here.5409 Snyder Rohnert Park, Rohnert ParkPST ART Weekend: San Diego & La JollaNovember 22-24Free interactive events are popping up all over San Diego this weekend as part of Getty’s PST ART initiative. PST ART Weekend: San Diego & La Jolla will include a festive art party at MCASD in La Jolla (Nov. 23), a hands-on art workshop in Oceanside (Nov. 24), the premiere of five new musical compositions derived from weather data at C You Saturday! (Nov. 23) at the Institute of Contemporary Art in Balboa Park, and much more. Best of all, most of the 20 events are free and only require an RSVP. CitywideGerman Expressionism at San Diego Museum of ArtOpens November 23Starting this Saturday, visitors to the San Diego Museum of Art can explore the museum’s German Expressionism exhibition, which documents a transformative period in the early 20th century when German and Austrian artists began to rail against tradition. The show will feature paintings, drawings, and prints endowed to SDMA’s permanent collection in 2011 from the estate of collector Vance E. Kondon. 1450 El Prado, Balboa ParkCourtesy Liberty StationMore Fun Things to Do in San Diego This WeekendCoin-Op Game Room 11th AnniversaryNovember 19Coin-Op Game Room is taking it totally retro for its 11th anniversary bash, with an ’80s-centric, neon-themed gathering this Tuesday from 8 p.m. to midnight at its North Park location. The celebration features tunes from DJ KC Dalton, tattooing from American Gypsy Tattoo artist Sebastian Garcia, caricature art from Dianna Colina, and classic cocktails, from piña coladas to Midori sours. 3926 30th Street, North ParkRady Children’s Ice Rink at ARTS DISTRICTNovember 21–January 5 Liberty Station’s Central Promenade will once again play host to the outdoor Rady Children’s Ice Rink, with net proceeds going towards Rady Children’s Hospital’s Thriving After Cancer program. Guests can lace up their skates through January 5, beginning with this Thursday’s opening day from 4 to 10 p.m. Tickets are $20 for adults and $15 for children, and you can purchase them in advance here. 2875 Dewey Road, Point Loma Santee Holiday LightingNovember 22The city of Santee offers a plethora of family-friendly activities from 5:30 to 8:30 p.m. this Friday at the Santee Holiday Lighting. Held at Santee Trolley Square, this free event will feature live music by the Bayou Brothers, photos with Santa, face painting, sledding, arts and crafts activities, and of course, the tree-lighting ceremony. 9884 Mission Gorge Road, SanteeEncinitas Holiday Street FairNovember 24Explore more than 450 local arts, craft, and retail vendors at the Encinitas Holiday Street Fair this Sunday from 9 a.m. to 5 p.m. This free community event also includes kids’ rides, two live entertainment stages with local musicians and dancers, and a dog zone. Coast Highway 101 between D and J streets, EncinitasThe post 15 Things to Do in San Diego This Weekend: Nov. 19–24 appeared first on San Diego Magazine.
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Em Coffee House Opens in Mira Mesa
Only Brazil surpasses Vietnam when it comes to coffee production, but Vietnamese coffee culture also has deeply rooted traditions and a unique culture prized throughout the world. Coffee from the Southeast Asian country tends to be characterized by strong, intense flavors. It is traditionally prepared using a reusable metal filter called a “phin” for a more concentrated brew (similar to a French press). San Diegans can get a taste at Em Coffee House, which opens on Saturday, November 16 in Mira Mesa.Owner Nick Truong, who also owns a few Ding Tea locations around San Diego, moved to the United States from Vietnam when he was five years old but says he’s gone back and forth his entire life to visit family and friends. Two years ago, he and his wife Li realized the city lacked places to experience Vietnam’s specific coffee culture and decided to launch their own shop.Photo Credit: James Tran“We wanted to not just bring Vietnamese coffee beverages to our audience in San Diego, but also focus on creating modern and trendy coffee culture in an environment where people can come together, set aside their differences and busy lives, to just enjoy the vibe and be in the moment,” explains Truong.“Em” is a term of endearment in Vietnamese, and Truong says the shop is a love letter to his home country’s cafe culture. The menu will include phin coffees as well as espresso drinks, matcha, cold brew teas, milk teas, and other signature drinks, including the tiramisu-inspired Em White Truffle-Misu with cacao, a ladyfinger, and white chocolate truffle-flavored cream. A second Em location, (Em2) will open next year in Kearny Mesa, and he says he hopes to expand further.Em Coffee’s soft opening is this weekend, but the grand opening will be Saturday, November 30. Show up early, Truong advises. The first 200 customers will get a free tote. Courtesy of Coin-OpSan Diego Restaurant News & Food EventsOpportunities to Give Back This Month in Mount HopeProject New Village is in Southeast San Diego for a reason—it’s one of the most food-insecure regions in the county. However, the public can help the justice-centered organization’s efforts this month, starting Saturday, November 16, for their Community Work Day. Bring nonperishable food donations to the Mt. Hope Community Garden from 9 a.m. to 11 a.m., then mark your calendar for Thursday, November 28. From noon to 3 p.m., volunteers will serve a Thanksgiving meal and give out groceries to those who need it most. Sign up to volunteer here and watch the group’s other initiatives by signing up for their newsletter.Coin-Op Game Room Hits 11 Years in North ParkTime flies when you’re having fun, especially at North Park’s original barcade. Coin-Op has been around for 11 years since it replaced El Take It Easy in 2013. (Raise your hand if you remember that and Hubcap!) On Tuesday, November 19, head inside the game area for an 80’s-themed celebration that kicks off at 8 p.m., featuring a DJ, caricature artists, cocktail specials, and, of course, plenty of pinball. View this post on Instagram A post shared by PB Page (@pacificbeachpage)Beth’s BitesThe Winslow, that behemoth apartment building looming over arguably the worst intersection in town where Washington St. turns into Normal St. before it meets Park Blvd. and El Cajon Blvd., is getting a caffeine boost. Inspired Coffee Roasters recently filed for an ABC license inside the building, so keep an eye out for coffee “born in New York and roasted in San Diego.”Speaking of ABC license applications, I saw another one for Jjang Korean Barbecue coming to 3637 Avocado Blvd., in the old IHOP building. I say the more KBBQ, the better, so here’s hoping this comes to fruition.San Diego is still waiting for our first sober-only bar, but Pacific Beach is about to get its first non-alcoholic bottle shop. Monday Morning opens on Saturday, November 23, at 1854 Garnet Avenue for all your alcohol-free needs. Pacific Beach seems like an interesting neighborhood to test the NA theory, but hey, I’m sure the neighbors are all for it!Have breaking news, exciting scoops, or great stories about new San Diego restaurants or the city’s food scene? Send your pitches to [email protected].The post Em Coffee House Opens in Mira Mesa appeared first on San Diego Magazine.
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