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City of San Diego·California

Property Acquisition Submittal

Closes 10/1/2032$10k – $100kRequest for Qualification
Get bids like this by emailBid source

Description

The San Diego Housing Commission is seeking qualified owners, brokers, or entities that can deliver real‑estate assets within the city to expand affordable housing stock. This open‑ended RFQ invites participants to submit qualifications for acquiring multi‑family buildings, hotels/motels, land for development, build‑to‑suit projects, or commercial parcels convertible to residential use. The commission prefers that sellers cover all commissions; if not, respondents may be compensated under a fee schedule (Exhibit A). No firm contract is guaranteed, and the solicitation may be closed at any time. • Target property types include 30‑150‑unit multi‑family, 40‑100‑unit hotel/motel conversions, development‑ready land, and commercial sites adaptable for housing. • Eligible respondents are property owners, owners’ representatives, or brokers with exclusive listing authority. • Submissions are electronic only via PlanetBids and must include a Statement of Qualifications, certifications, and a series of compliance declarations. • The RFQ emphasizes nondiscrimination, public‑records disclosure, indemnification, and diversity certifications for any subcontractors.

Attached files

The solicitation documents live at the source — open the bid source above to download them.

Contact

Debra Fischle‑Faulk(Senior Vice President of Compliance & Equity Assurance)

[email protected]

(619) 578-7411

Key dates

Opened
10/17/2022
Closes
10/1/2032

Last updated

Details

Type
Request for Qualification
Industry
Real Estate
NAICS
531210
Solicitation №
RED-RFQ-23-18

Budget estimate

$10,000 – $100,000

No explicit fee is disclosed; the commission expects the seller to pay all commissions. If a seller does not pay, compensation follows a fee schedule (Exhibit A) that likely varies with transaction size. Assuming a typical commission of 2‑5 % on a mid‑range San Diego property (e.g., $5 M‑$20 M), the respondent could earn roughly $100 k‑$1 M. Smaller transactions or fee‑schedule adjustments could lower earnings to around $10 k, while larger, high‑value deals could push budgets toward $200 k+. Therefore, a reasonable estimate range is $10,000 – $100,000 for most qualifying submissions.

AI estimate from the solicitation

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