San Diego Development Property Tour – Investor Event
Tuesday, April 7th, 2026
Aloha Wealth Partners is thrilled to offer accredited investors a unique experience to join us for an onsite property tour of Adams Idaho RC LLC, a multifamily development opportunity located in North Park, one of San Diego’s most supply-constrained and high-demand housing submarkets. This project is part of a broader pipeline where CEDARst is actively developing six projects alongside institutional partners across the San Diego market.
The offering is targeting an equity raise of approximately $20 million, with a preferred return structure of 12% (80/20) and 17% (60/40), and a projected hold period of roughly four years. Construction is anticipated to begin in summer 2026, positioning the project into a market defined by historical persistent housing shortages and strong rental demand.
Offering Snapshot
• Property Type: Multifamily in North Park, San Diego. Development Opportunity
• Equity Raise: ~ $20M
• Preferred Return: 12% Pref (80/20); 17% (60/40)
• Target Hold: ~4 years
• Construction Start: Summer 2026 (target)
• Investor Eligibility: Accredited investors only
Click here for Offering Materials
Agenda for Tuesday, April 7th:
2:00 PM — Welcome & Project Overview (The Nash – North Park)
We’ll begin at The Nash, a recently delivered sister property, where our team will provide an overview of the sponsor, development strategy, and how Adams Idaho fits within the broader San Diego pipeline.
2:20 PM — Sister Property Walkthrough
Investors will tour The Nash to experience design, unit mix, amenities, and operational positioning, offering real world context for the Adams Idaho development vision.
3:00 PM — Development Site Tour (Adams & Idaho)
We’ll walk to the Adams Idaho site for a ground level discussion of the project scope, entitlement strategy, construction timeline, and neighborhood fundamentals driving demand.
3:30 PM — Market & Investment Discussion
On site, we’ll review key investment drivers, preferred return structure, and how the project could potentially benefit from San Diego’s housing supply imbalance and Complete Communities incentives.
4:00 PM — Networking Happy Hour (The Hangout – North Park)
We’ll conclude with appetizers and drinks at a nearby bar, providing time for informal conversation with the sponsor team and fellow investors.
Key Investment Drivers
San Diego continues to rank among the least affordable housing markets in the United States, creating a durable renter base driven by necessity rather than preference. Rent growth has outpaced the national average in 19 of the last 23 years, the highest frequency among major U.S. markets.
Forecasts indicate the city needs approximately 15,000 new housing units annually through 2029, yet recent deliveries have averaged only 3,000 to 4,000 units per year. This imbalance has resulted in one of the lowest delivery to inventory ratios among major metros.
Homeownership costs remain significantly higher than renting, often 100% to 150% more expensive than Class A rental housing, even for households capable of substantial down payments. This dynamic continues to support long term rental demand.
To address the housing shortage, San Diego has introduced favorable development incentives. The Complete Communities Program, adopted in 2020, allows developers to pursue higher density projects with increased floor area ratios and fewer density limitations in designated markets, enabling moderately sized residences within highly amenitized, fully parked communities.
How to Participate
Space for this investor event is limited. To register and secure your spot, please contact our team directly. We are coordinating attendance by phone to ensure each investor receives access to the full data room and offering materials.