Two years after the historic Hotel Mar Monte was rebranded as the Hyatt Santa Barbara, the property has changed hands for more than $60 million. Chesapeake Lodging Trust, a Maryland-based hotel investment company, purchased the 171-room hotel from a Hyatt Hotel Corp. affiliate for $61 million, or $305,000 per room. In a July 1 announcement, Read More →
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[EDITOR’S NOTE: Correction appended below] While the college debt crisis has been making national headlines in recent years, students who graduated from a California school are faring relatively well compared to their counterparts in other states. According to a report from CNBC, Americans now have more student loan debt than credit card debt, with a Read More →
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