Former Point Loma Hotel Converted into Apartments for Young Professionals and Students Now Taking Names
By: Marie Coronel / 10News / Feb 16, 2026
A growing trend in San Diego is helping address the housing shortage as companies convert vacant hotels into apartment complexes, offering residents new housing options at competitive rental rates.
Ambient Communities has been working for years to transform the former Consulate Hotel, which was built in the 1970s and sat vacant for years, into the Celeste Point Loma Apartments. The project will offer 127 units in an area that has seen limited new housing development.
Robert Honer, a principal for Ambient Communities, said the conversion provides an alternative housing option for young professionals and students in a desirable neighborhood.
“If you’re going to graduate school, if you get your first job this is a community that people like to live in. For me the only way we could afford it was we put a bunch of kids in a single family home and did it that way. So this is an alternative to that,” Honer said.


OB Rag Staff
From 
Residents of Pacific Beach and other coastal communities who’ve been watching all the maneuverings by the developer, the city and mainline politicians around what’s called the PB Tower, (or Turquoise Tower, or Project Vela), may have become familiar with the name Matt Awbrey.
By Kate Callen
A locally-based real estate company has just purchased a huge, 180-unit project in the Point Loma / Midway area — the site of the former Barnard Elementary School.
The purchase price was undisclosed. MG Properties bought the site which has a formal address as 2930 Barnard St, San Diego, CA 92110, from JLL Income Property Trust.
Marimar Martinez is the Chicago woman who was shot 5 times by an ICE agent back in October 2025 and who lived to testify about it before a
City News Service –
By Arturo Castañares – Editor-at-Large /
Joel Anderson
By Donna Frye / Op-Ed SD Union-Tribune / Feb. 8, 2026
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