Lure Fish House property in Westlake Village sold
East Ventura County, Latest news, Real EstateStory updated Oct. 13 at 10 p.m.: The Lure Fish House property in Westlake Village was sold for $6 million to private investor Lucrit LLC, Westcord Commercial Group announced on Oct. 10. The 7,470-square-foot property sits on a 1.76-acre parcel at 30970 Russell Ranch Road. Tony Principe of Westcord and Kamal Banki represented the buyer Read More →
Lloyd Properties donates 860 acres on Ventura hillsides to conservation trust
Agribusiness, Latest news, Real EstateOwners of the Lloyd Ranch in Ventura donated 860 acres of agricultural and open space to the Rancho San Buenaventura Conservation Trust. Gary Brummett, president of Lloyd Properties, said he is proud to partner with the conservation trust to preserve part of the Ventura hillsides, an area that has been eyed by developers for many Read More →
Caruso breaks ground on Miramar resort
Latest news, TourismWhat a difference a decade makes. After 10 years of community wrangling and delays obtaining financing, Los Angeles developer Rick Caruso turned a ceremonial shovelful of dirt on Oct. 10 to launch construction of the Rosewood Miramar Beach Montecito. Under a blue sky broken by a few puffy white clouds, Caruso, Rosewood CEO Radha Read More →
Vandenberg satellite launch delayed again
Latest news, Technology, TourismDigitalGlobe, which owns the WorldView-4 earth imaging satellite sitting atop an Atlas V rocket at Vandenberg Air Force Base, said launch of the satellite will now probably take place sometime in late October and early November. Originally scheduled for Sept. 16, the launch was initially delayed at the last minute because of a minor leak Read More →
Brown vetoes bill to cap abandoned oil wells along coast
Energy, Latest news, Law & GovermentGov. Jerry Brown vetoed a bill that would’ve capped abandoned oil wells along the California Coast. SB 900, authored by Santa Barbara Democrat Sen. Hannah-Beth Jackson, would’ve required the analysis of some 220 abandoned wells along the coast and capped the biggest leakers. This bill would’ve transferred $500,000 from the General Fund to the Land Read More →
Thousand Oaks apartment complex sells for $67 million
Latest news, Real EstateA 191-unit multifamily community at 491 W. Gainsborough Road in Thousand Oaks sold for $67 million. Pacific Urban Residential bought the property from IMT Capital LLC, according to Greg Harris of Marcus & Millichap who coordinated the deal. “The acquisition provided the buyer with the opportunity to enter a highly coveted market supported by the Read More →
Phillips 66’s crude-by-rail proposal denied
Energy, Latest newsThe San Luis Obispo County Planning Commission denied Phillips 66’s proposal to expand its crude-by-rail operations on the Nipomo Mesa. The commissioners voted 3-2 against the project, which involves building a rail spur that would connect its refinery to Union Pacific’s major interstate railroad so it can import tar sands crude from Canada and other Read More →
