{"id":289037,"date":"2015-03-18T00:00:00","date_gmt":"2015-03-18T07:00:00","guid":{"rendered":"https:\/\/sdnews.com\/fay-avenue-medical-building-sold\/"},"modified":"2015-03-18T00:00:00","modified_gmt":"2015-03-18T07:00:00","slug":"fay-avenue-medical-building-sold","status":"publish","type":"post","link":"https:\/\/test.sdnews.com\/es\/fay-avenue-medical-building-sold\/","title":{"rendered":"Fay Avenue medical building sold"},"content":{"rendered":"<p>Executive Leasing of Nevada LLC has sold its 17,800-square-foot medical office building at 7630 Fay Ave. in La Jolla for $7.02 million. The buyer, Monarch La Jolla LLC, of Irvine, Calif., intends to convert the property to an upscale assisted living facility. Midcap Financial Trust provided a construction loan of $9.96 million. The two-story property was sold to Fay Avenue Properties LLC for $3.3 million in 2002. Fay Avenue renovated the building as a surgical center, with operating rooms and multiple medical exam rooms on the second floor and a medical spa on the first. Fay Avenue vacated the property in the mid-2000s, and the facility was owned and operated by a spa owner until she filed bankruptcy in 2011. Executive Leasing held a second trust deed on the property and foreclosed upon it by the summer of 2012.<\/p>","protected":false},"excerpt":{"rendered":"<p>Executive Leasing of Nevada LLC has sold its 17,800-square-foot medical office building at 7630 Fay Ave. in La Jolla for $7.02 million. The buyer, Monarch La Jolla LLC, of Irvine, Calif., intends to convert the property to an upscale assisted living facility. Midcap Financial Trust provided a construction loan of $9.96 million. The two-story property [&hellip;]<\/p>","protected":false},"author":726,"featured_media":289038,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_seopress_robots_primary_cat":"11560","_seopress_titles_title":"Fay Avenue medical building sold","_seopress_titles_desc":"","_seopress_robots_index":"","jnews-multi-image_gallery":[],"jnews_single_post":[],"jnews_primary_category":[],"jnews_social_meta":[],"jnews_override_counter":[],"footnotes":""},"categories":[11560],"tags":[],"class_list":["post-289037","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-la-jolla-village-news"],"_links":{"self":[{"href":"https:\/\/test.sdnews.com\/es\/wp-json\/wp\/v2\/posts\/289037","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/test.sdnews.com\/es\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/test.sdnews.com\/es\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/test.sdnews.com\/es\/wp-json\/wp\/v2\/users\/726"}],"replies":[{"embeddable":true,"href":"https:\/\/test.sdnews.com\/es\/wp-json\/wp\/v2\/comments?post=289037"}],"version-history":[{"count":0,"href":"https:\/\/test.sdnews.com\/es\/wp-json\/wp\/v2\/posts\/289037\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/test.sdnews.com\/es\/wp-json\/wp\/v2\/media\/289038"}],"wp:attachment":[{"href":"https:\/\/test.sdnews.com\/es\/wp-json\/wp\/v2\/media?parent=289037"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/test.sdnews.com\/es\/wp-json\/wp\/v2\/categories?post=289037"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/test.sdnews.com\/es\/wp-json\/wp\/v2\/tags?post=289037"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}