Ventura County real estate market forecast positive
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Cal Poly SLO tries to put dent in housing crunch
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Tight housing market in Ventura County lures investors
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720-unit mixed development near SLO Airport clears hurdle
The San Luis Obispo Architectural Review Commission gave the nod to a proposed 720-unit mixed-use development near the SLO Airport. The 150-acre Avila Ranch project north of Buckley Road would include a variety of housing types, 15,000 square feet of commercial development, infrastructure improvements, 16 acres of parkland and 55 acres of open space and Read More →
Decron Properties buys 391 Thousand Oaks apartment units for $126.5 million
Los Angeles-based developer Decron Properties acquired a 391-unit multifamily apartment portfolio in Thousand Oaks for $126.5 million. The deal with Prometheus Real Estate Group included the 249-unit Los Robles Apartments and the 142-unit Marlowe Apartments located about a mile apart near Moorpark Road. The complexes feature swimming pools, clubhouses, fitness centers and large amounts of Read More →
Homebuilding service eyes Central Coast for expansion
A new homebuilding service franchise is expanding into Santa Barbara and San Luis Obispo counties, promising to add more transparency to the construction process. Alair Homes began in Canada in 2006, offering builders the ability to outsource administrative functions and scale up through franchising. Alair handles website work, software, marketing outreach, accounting and other services Read More →
Pacifica Hotels buys Milner Hotel in Los Angeles
Pacifica Hotels purchased The Milner Hotel in downtown Los Angeles, the company announced on Jan. 25. Pacifica is one of the largest independent hotel owners and operators along the Pacific Coast with an office on Cliff Drive in Santa Barbara. The company said it is evaluating its long-term strategy for the property at 813 S. Read More →
