Santa Barbara city, county suing landlord Dario Pini for $8.1 million in penalties
Updated at 5:50 p.m. on Feb. 16: Santa Barbara County District Attorney Joyce Dudley and Santa Barbara City Attorney Ariel Calonne filed a lawsuit against infamous landlord Dario Pini seeking more than $8.1 million in penalties for alleged unfair business practices, the DA announced Feb. 16. The suit stems from the city’s inspection of the Read More →
Thousand Oaks Boulevard mixed-use project gets green light
The Thousand Oaks Planning Commission voted 3-1 to move ahead with the specific plan’s first mixed-use project on Feb. 13. Thousand Oaks-based Daly Group aims to turn the former Lupe’s Mexican restaurant at 1710 Thousand Oaks Boulevard into a three-story project featuring 36 apartments and close to 5,000 square feet of commercial space. The apartments Read More →
Ventura County commercial real estate market ripe for investment
The Ventura County commercial real estate market is ripe for investment, speakers said at the 21st annual CBRE Ventura County and Conejo Valley Commercial Real Estate Symposium and Economic Forecast at the Four Seasons Resort in Westlake Village on Feb. 10. There was $855 million in CRE sales in the Ventura County market in 2016 Read More →
Pacific Hospitality Group puts Bacara Resort & Spa up for sale
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Santa Barbara County sues BIA to stop Chumash annexation
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Bacara Resort & Spa in Goleta put up for sale
The Pacific Hospitality Group listed the Bacara Resort & Spa in Goleta for sale for an undisclosed amount, PHG Chief Investment Officer Kory Kramer said. The Irvine-based company has invested more than $25 million in upgrades and renovations since it purchased the resort in 2013 for an estimated $150 million to $180 million. Improvements included Read More →
San Luis Obispo acquires Waddell Ranch
The city of San Luis Obispo completed the $1.1 million acquisition of the 154-acre Waddell Ranch to be conserved in perpetuity. The ranch contains the headwaters of Froom Creek and adjoins the city’s Irish Hills Natural Reserve. The deal, executed by the city of SLO, the Trust for Public Land and property owner Duane Waddell Read More →
