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Clark mansion’s future hinges on IRS resolving owed taxes

By   /  Friday, October 30th, 2015  /  Columns, Real Estate, Top Stories  /  Comments Off on Clark mansion’s future hinges on IRS resolving owed taxes

  Hugette Clark’s generosity cost her. Clark was the daughter of the copper mogul William Andrews Clark, who earned his fortune through mining, railroads and banking. The heiress died in 2011 at 104 years old. Clark gave millions of her inherited wealth to her friends but she gave so much so fast that her attorneys Read More →

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New managers to renovate Paseo Nuevo shopping center

By   /  Thursday, October 29th, 2015  /  Latest news, Real Estate, South Coast, Top Stories, Tourism  /  Comments Off on New managers to renovate Paseo Nuevo shopping center

New managers of the Paseo Nuevo Shops & Restaurants in downtown Santa Barbara plan to renovate the open-air shopping center. El Segundo-based Pacific Retail Capital Partners and New York-based Silverpeak Real Estate Partners announced on Oct. 29 a joint venture with Paseo’s owner, J.P. Morgan Asset Management. Los Angeles-based BMW Realty Advisors, led by co-founder Read More →

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Chinese have yuan for Conejo Valley

By   /  Friday, October 23rd, 2015  /  East Ventura County, Latest news, Real Estate, Top Stories  /  Comments Off on Chinese have yuan for Conejo Valley

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Shopping centers changing hands across Tri-Counties

By   /  Friday, October 23rd, 2015  /  Columns, Latest news, Real Estate  /  Comments Off on Shopping centers changing hands across Tri-Counties

The Woodlands Plaza in Simi Valley was sold for nearly $16 million, continuing a string of recent shopping center transactions and renovations in the Tri-Counties. Local private real estate investors DP Grand Simi purchased the 61,373-square foot shopping center at 530 E. Los Angeles Ave. from another private investment group, B/C Sinaloa Plaza. The $15.9-million Read More →

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Fresh & Easy to close tri-county stores

By   /  Wednesday, October 21st, 2015  /  Latest news, Real Estate, Top Stories, Tri-County Economy  /  Comments Off on Fresh & Easy to close tri-county stores

The El Segundo-based grocer Fresh & Easy will close all of its stores throughout California, Arizona and Nevada, including seven tri-county locations, the company announced Oct. 21. Tesco, the third largest global retailer based in the United Kingdom, opened the small format grocery chain in 2007. It filed for bankruptcy protection in 2013 after the concept Read More →

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Ryland Group’s Westlake office to close in 2016 due to merger

By   /  Friday, October 16th, 2015  /  Columns, East Ventura County, Latest news, Real Estate  /  Comments Off on Ryland Group’s Westlake office to close in 2016 due to merger

  The Ryland Group office in Westlake Village will close in 2016 following the company’s merger with Standard Pacific Homes. Homebuilders Ryland and Irvine-based Standard Pacific recently completed a $5.2-billion merger to create CalAtlantic Group, the nation’s fourth largest residential home developer. Larry Nicholson, former CEO of Ryland, will serve as CEO of the new Read More →

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Cal Poly leases housing for student entrepreneurs

By   /  Friday, October 16th, 2015  /  Higher Education, Real Estate  /  Comments Off on Cal Poly leases housing for student entrepreneurs

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