Zephyr Closes on Dana Point Parcel
Zephyr Partners, a San Diego-based developer, closed on a nine-acre property in Dana Point adjacent to Doheny State Beach and Dana Point Harbor. The estimated purchase price was $50 million. The project, slated for 168 high-end townhomes, was sold by AG/A&M Doheny LLC, a joint venture partnership between Angelo Gordon and Alvarez & Marsal Capital Real Estate.