
American Freight closing, shuts all 15 California furniture stores
American Freight – a discount home-goods chain with ties to Sears Outlet stores – is shutting down, closing all 15 California locations.Liquidator Hilco Consumer-Retail announced the shuttering of 328 locations nationwide and the start of store-closing sales for outlets that sell furniture, applianc

Downtown office tower sold to buyer planning to convert vacant floors into residential units
A local real estate developer plans to turn the 58-year-old office tower it just bought in downtown San Diego’s financial district into a mixed-use building with more than 100 residential units.Encinitas-based Ambient Communities purchased the office building at 530 B St. for $27.5 million — or $110

San Diego home buyers in a ‘holding pattern’? Home sales plunge
San Diego homes sales have slowed to a snail’s pace.In September, 1,987 homes sold in San Diego County, CoreLogic reported Friday, its lowest for a September in records going back to 1988. It also marked the 10th-slowest sales month of all time.Sales were down 22% from August, and down 6.4 percent f
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