San Diego is spending $7 million to buy a failed skydiving center, with no current appraisal

Feb 6, 2018  BREAKING NEWS  Homeless hub purchase relies on 18-month-old report for previous owner Tuesday, February 6, 2018, 6:04 AM ET By Jeff McDonald San Diego plans to close escrow today on a $7 million property without the benefit of an independent appraisal. Title to the land and improvements changed in October and the current assessment for tax purposes is just over $5.8 million. The property used to be an indoor skydiving facility and would be converted to a center for homeless services under the city plan. Read the latest - BREAKING NEWS PRESENTED BY - - UNSUBSCRIBE    |    NEWSLETTERS    |     PRIVACY POLICY    |    TERMS OF SERVICE - Copyright © 2018 | San Diego | 600 B Street #1201 San Diego, CA 92101 ABOUT THIS EMAIL You received this email because you are following the Breaking News newsletter.