Lou Hirsh

<html><head></head><body><div class="RichTextArticleBody"><div class="RichTextArticleBody-body"><p>The city of <span class="Enhancement"><span class="Enhancement-item"><a class="Link
" href="https://product.costar.com/Market/#/search/detail/market/USA/type/2/property/11/geography/41740/slice/all">San Diego</a></span></span> is looking to purchase two local Residence Inn by Marriott hotels for a total of $106.5 million, as part of plans to create permanent housing for up to 400 homeless people now sheltered temporarily at the city&#x2019;s convention center.</p></div></div></body></html>

Multifamily

Residence Inn San Diego Mission Valley

The city of San Diego is looking to purchase two local Residence Inn by Marriott hotels for a total of $106.5 million, as part of plans to create permanent housing for up to 400 homeless people now sheltered temporarily at the city’s convention center.

Agency Looks to Acquire Two Residence Inn Properties to Create Permanent Housing

San Diego Seeks to Purchase Hotels in Bid to Tackle Homelessness

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This article was originally published on <a>Homes.com</a>.

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CoStar has introduced a new market-based programme recognising the top sale and lease deals completed each quarter. All deals that closed during the previous quarter are evaluated by CoStar's research team, the largest professional research organisation in commercial real estate. The selected top deals and the real estate firms and individual agents involved in each transaction will be singled out for recognition each quarter. For the purpose of recognising the top property sales each quarter, CoStar uses estimated sale prices in cases where the actual sale price is not disclosed. The estimate uses sale prices of similar properties in CoStar's property sales database based on the type, age, general size and location as the subject property. All the winners can be found <a>here</a>.

The CoStar Power Broker Awards recognize the top sale and lease deals completed each quarter. All deals that closed during the previous quarter are evaluated by CoStar's research team, the largest professional research organization in commercial real estate. The selected top deals and the real estate firms and individual brokers involved in each transaction are singled out for recognition each quarter. For the purpose of recognizing the top property sales each quarter, CoStar uses estimated sale prices in cases where the actual sale price is not disclosed. The estimate uses sale prices of similar properties in CoStar's property sales database based on the type, age, general size and location as the subject property. All the winners can be found <a>here</a>.

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San Diego Seeks to Purchase Hotels in Bid to Tackle Homelessness

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