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Joint venture to develop apartments in economically distressed area of San Diego

CedarSt, Bridge to build 180 units near eastern edge of Balboa Park
CedarSt and Bridge Investment Group partnered to secure equity as part of their forthcoming Flats South Park project in the South Park neighborhood in California’s most southern major city. (CedarSt)
CedarSt and Bridge Investment Group partnered to secure equity as part of their forthcoming Flats South Park project in the South Park neighborhood in California’s most southern major city. (CedarSt)
CoStar News
December 31, 2024 | 7:25 P.M.

A joint venture between an apartment developer and an investment firm has raised the equity portion for a $90 million multifamily project in a San Diego opportunity zone as the city garners increased interest from investors.

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