Chula Vista’s long-awaited waterfront development is expected to get final approval in the next three months and possibly have Nashville-based Gaylord Entertainment head development of a hotel and convention center once again.

The 312-unit Las Flores apartment complex at 7039 Charmant Drive in the University Towne Centre submarket has been sold for $64.7 million -- or $207,371 per unit -- as part of a reported $169 million, four property portfolio sale.

Last week Punxsutawney Phil made it official – San Diego businesses have to cope with six more weeks of winter. In the coming week there are numerous speakers and activities that will help us make it through the dreary days ahead.

Quince Park Apartments, a 42-unit apartment complex at 710 N. Quince St. in Escondido, has been sold for $3.2 million.

Cushman & Wakefield's Deborah Hunkeler, and Warren “Jay” Arnett, of Colliers International, represented the Deal of the Week lessee.

Average mortgage rates remained flat for the month of January, according to the LendingTree Monthly Mortgage Review -- which tracks the lowest and average mortgage rates offered by lenders on the LendingTree network.

Alabama Manor, a nine-unit apartment in University Heights at 4543 Alabama St. in San Diego 92116, has been sold for $1.13 million.

The approximately 6,914-square-foot office building at 1134 N. Melrose Drive, Vista 92084, has been sold for $519,000, cash

Brian Westre, an agent with Coldwell Banker's Rancho Bernardo office, has been named Realtor of the Year for 2011 by the San Diego Association of Realtors (SDAR).

The Otay Mesa industrial submarket had a vacancy of more than 3.4 million square feet through 2011, and prospects of leasing any major portion of that in 2012 are uncertain.

The city of San Marcos announced Thursday it has received the environmental permits necessary to move forward with the San Marcos Creek District.

Home sales in California decreased 6.3 percent in 2011 compared with December 2010, according to CoreLogic’s December Home Price Index report.

Average mortgage rates remained flat for the month of January, according to the LendingTree Monthly Mortgage Review -- which tracks the lowest and average mortgage rates offered by lenders on the LendingTree network. However, many borrowers find themselves unable to take advantage of rates due to overly strict lending standards.

The office portion of 1 million-square-foot Scottsdale Promenade in Scottsdale, Ariz., has been sold to Excel Trust (NYSE: EXL), of San Diego, for $56 million.

Pardee Homes' Carmel Valley master-planned community in north San Diego County was ranked number 47 nationwide on the John Burns Real Estate Consulting list of top-selling master planned communities in the United States for 2011.

The 4,941-square-foot industrial building in the Miramar submarket at 7031 Carroll Road, San Diego 92121, has been sold for $720,000.

November home prices in San Diego dropped 1 percent from October, and 5.6 percent from Dec. 31, 2010, according to Lender Processing Services Inc.’s (NYSE: LPS) home price index, updated by its Applied Analytics division.

With a little help from San Diego County, Sam Zell's Equity Residential REIT posted more than $935 million in net income on slightly less than $2 billion in revenues in 2011.

The Law Firm of Morris, Sullivan & Lemkul LLP has signed a new 10-year, $7.5 million lease for an office expansion into a total of 20,000 square feet.

San Diego-based BioMed Realty Trust Inc. (NYSE: BMR) signed a lease with Omeros Corp.