Exclusive: Greystar Closes $181M San Diego Sale

The community debuted last year following a hospital-to-residential redevelopment. Greystar has sold The Grand at Palomar Heights, a 420-unit luxury community in Escondido, Calif., for $180.5 million, according to Yardi Matrix data. Mesirow purchased the asset, funding the acquisition with a $112 million loan from AIG. The property debuted last...