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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 →

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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 →