Thousands Of San Diego Apartments Snatched Up By New York Real Estate Firm
Dan Yates, president of the Conrad Prebys Foundation, said the money from the deal will be used for grants in San Diego. The foundation gave more than $71 million to 112 San Diego county organizations in March. "Conrad Prebys was a sharp businessman who found true joy in the act of giving, and I believe he would be honored to see the result of his life’s work dedicated to continuing his philanthropic legacy,” Yates wrote in an email to the Union-Tribune. The deal means one Blackstone will be one of San Diego's biggest landlords with an apartment total of 6,700 units. According to the...