The estate, known as Zorro Ranch, was purchased by Rafael Ranch LLC — a company that was formed less than a month ago. While the sale price was not disclosed due to state law, it was originally listed at $27.5 million in 2021.

Titan Development is opening its first multifamily community in San Diego. The Parkline is a 80,000-square-foot complex located at 4250 Oregon St. Residents have the option to choose from one- and two-bedroom apartments, with units ranging from 400 to 1,000 square feet. Amenities include an outdoor lounge with a city-view workspace, yoga deck, fitness center and an onsite pet spa. In addition, the complex will feature limited parking spaces to help increase affordability. The community is tailored towards individuals who prefer using public transit as a primary form of transportation.

A Massachusetts private equity real estate firm made its debut in Phoenix with the purchase of a 432-unit apartment community. Also, here's the latest on rental rates in the Valley.

For years, Davis was a tantalizing prospect for housing developers who saw high education and income levels and in-migration from UC Davis college students providing strong demand.