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Santa Barbara faces enforcement nightmare over short-term rentals

By   /  Friday, November 20th, 2015  /  Columns, Latest news, Real Estate  /  Comments Off on Santa Barbara faces enforcement nightmare over short-term rentals

The city of Santa Barbara had it good. It had been controversially collecting taxes on short-term rentals since 2008 even though most were illegally operating in certain residential zones. The city earned extra revenue and only had to crack down on a handful that neighbors deemed intolerable. But the inherent conflict caught up with policy Read More →

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Update: Albertsons, Sprouts taking over Haggen stores in Tri-Counties

By   /  Friday, November 13th, 2015  /  Latest news, Real Estate, Top Stories  /  Comments Off on Update: Albertsons, Sprouts taking over Haggen stores in Tri-Counties

This Haggen store in Santa Barbara is among 23 that are closing in the Tri-Counties.

Roxy’s Market’s bid for 2010 Cliff Drive in Santa Barbara may not come to fruition. Co-owner Mike Lawler successfully bid $75,000 for the rights to the soon-to-be-vacant Haggen store on the Mesa, but the landlord told him on Nov. 17 that he is looking for a larger national chain. Roxy’s has two smaller stores in Read More →

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Affordable housing projects move ahead in Santa Barbara

By   /  Friday, November 13th, 2015  /  Columns, Real Estate  /  Comments Off on Affordable housing projects move ahead in Santa Barbara

The region cannot build enough housing fast enough to keep up with increasing demand, economists have said at forecasts over the past two weeks. The Tri-Counties are so short on available units that it could rein in the economic expansion. But the Housing Authority of the City of Santa Barbara is trying to make a Read More →

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Apartments hot investment in Tri-Counties

By   /  Friday, November 6th, 2015  /  Latest news, Real Estate, Top Stories  /  Comments Off on Apartments hot investment in Tri-Counties

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Paseo Nuevo mall will get a makeover

By   /  Friday, November 6th, 2015  /  Latest news, Real Estate, South Coast, Top Stories  /  Comments Off on Paseo Nuevo mall will get a makeover

New managers of the Paseo Nuevo mall in downtown Santa Barbara plan to add new tenants and make renovations. (Alex Kacik)

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Orfalea Foundation office building available for lease

By   /  Friday, November 6th, 2015  /  Columns, Latest news, Real Estate  /  1 Comment

An Orfalea Foundation office building is on the market as the nonprofit prepares to close by the end of the year. About 3,000 square feet of office space is available for lease at $5.75 per square foot. The two-story building has 11 parking spaces and three restrooms. Rob Hambleton and Steve Golis of Radius Commercial Read More →

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Pacifica Hotels buys El Colibri Boutique Hotel & Spa in Cambria

By   /  Friday, October 30th, 2015  /  Latest news, Real Estate  /  Comments Off on Pacifica Hotels buys El Colibri Boutique Hotel & Spa in Cambria

Pacifica Hotels purchased El Colibri Boutique Hotel & Spa in Cambria for an undisclosed price, the company announced on Oct. 30. The deal marks Pacifica’s fifth property in Cambria. The Irvine-based hotel management company already owns the FogCatcher Inn, Pelican Inn & Suites, Cambria Landing Inn & Suites, and Fireside Inn on Moonstone Beach. The Read More →