SAN DIEGO, CA - Sunrise Management, a San Diego-based multifamily management firm with nearly five decades of local market expertise, has assumed day-to-day management of a six-property, 532-unit multifamily portfolio in Encinitas and Carlsbad through a new partnership with Property West Residential.
The portfolio, owned by San Diego-based Property West – an experienced multifamily owner with units across Southern California – is concentrated in highly desirable, supply-constrained coastal submarkets where limited new development, strong demographics and lifestyle-driven demand continue to reinforce long-term performance.
Sunrise Management, which has specialized exclusively in multifamily operations since 1978, will oversee marketing, leasing and daily operations for the communities, prioritizing a seamless transition for residents and a hands-on, neighborhood-focused management approach.
“These are sought-after coastal locations with strong community identities and reflect exactly why we remain bullish on San Diego’s multifamily fundamentals,” said Theresa Cordero, president of Sunrise Management. “Our goal is to ensure continuity for residents while enhancing the distinct character of each community through thoughtful operations and long-term stewardship. We’re proud to partner with Property West Residential, whose ownership philosophy closely aligns with our own.”
Each property offers a unique living experience rooted in its surrounding neighborhood:
Elan Pacifico Encinitas
1100 Garden View Rd., Encinitas
A family-friendly, 120-unit community located near regional parks and major attractions offering convenient access to North County employment and recreation.
Elan Playa Mar
116 Quail Gardens Dr., Encinitas
A boutique coastal community featuring 50 townhome-style residences and ocean views in one of Encinitas’ most desirable residential enclaves.
Elan Quail Pointe
924 Encinitas Blvd., Encinitas
120 recently renovated beach-style homes offering elevated views and modern coastal design.
Elan Seacrest Encinitas
117 Rosebay Dr., Encinitas
An intimate 48-unit community providing a quieter, neighborhood-oriented living environment.
Elan Alicante La Costa
2385 Caringa Way, Carlsbad
A luxury 74-unit multifamily community adjacent to the iconic La Costa Resort blending resort-adjacent living with everyday convenience.
Elan Encinitas Terrace
454 Requeza St., Encinitas
A 55+ active adult community comprised of 120 homes offering abundant amenities tailored to wellness, social connection and coastal living.
According to Cordero, the partnership underscores both Property West’s and Sunrise Management’s long-term commitment and continued confidence in the region’s enduring multifamily demand drivers including a diverse economy, job growth, desirable climate and lifestyle.