Chicago Morning Star – The impacts of the COVID-19 pandemic are not limited to the physical health of US residents. The economic health of the US is also badly impacted by the virus outbreak. The stock market has fallen over 33% percent from its February highs. Unemployment is also expected to rise by more than 20% in the US due to the coronavirus outbreak.

Alex Zikakis, the founder and president of Capstone Advisors, said, “The impact of the virus on the commercial real estate market has been dramatic so far.” The practice of social distancing in the US has put pressure on retail businesses. Read More

SAN DIEGO—Both students and faculty spend a majority of their days on campus and need quality retail nearby for their daily needs, Capstone Advisors’ VP of leasing Christie Parker tells GlobeSt.com. The firm recently completed six new leases at its commercial retail facility in the Linda Vista submarket, the Presidio. (Read More)

SAN DIEGO, CA – Carlsbad real estate development firm Capstone Advisors has purchased a 30,421-square-foot retail center in the highly coveted submarket of Carmel Mountain Ranch from American Assets Trust for $12.7 million. (Read Press Release)

CARLSBAD, CA – As a sign of continued strong demand for retail space throughout San Diego County, Capstone Advisors, a real estate investment, development and advisory firm headquartered in Carlsbad, California, acquired two retail centers in Poway, California. Both centers were acquired in two separate transactions totaling approximately $11 million. (Read Press Release)

CARLSBAD, CA – Capstone Advisors, a real estate investment, development and advisory firm headquartered in Carlsbad, Calif., announced today that it has completed the acquisition of Diamante, a spectacular 479 acre parcel of land located in the heart of the “Gold Coast” of Costa Rica, the country’s most popular tourist destination. The property boasts nearly ¾ of a mile of coastline on the Pacific Ocean and a pristine private beach known as Playa Majagua with clear water and sandy bottoms. Capstone Advisors, along with its partner, plans to develop the site as a world class resort community containing a luxury hotel, custom estates and a resort mixed use commercial village. (Read Press Release)