$5.3MM Class-A Multifamily Development Site in Del Cerro, San Diego

Offset Capital is pleased to announce the sale of a fully entitled class-A multifamily development site located in Del Cerro, San Diego for $5.3MM. Offset Capital was retained to help the seller navigate the complex challenge of selling a high-profile local project that ran into unfortunate economic headwinds, without appearing distressed and attracting vulture investors.

Offset Capital performed extensive market research, primary rent studies and local expertise to properly revalue the project and then managed the marketing and ultimate disposition of the asset.

At Offset Capital, we work closely with our clients to navigate complex real estate situations to make the most prudent economic decisions, in challenging times.

Need help maximizing asset value in a complex market? Contact Offset Capital at info@offsetcap.com and let’s talk.