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By Elijah Brumback / Friday, May 29th, 2015 / Central Coast, Latest news, Real Estate, Top Stories / Comments Off on Neverland Ranch on market for $100 million
Colony Capital, the Santa Monica-based firm headed by real estate mogul Tom Barrack, is trying to sell late pop star Michael Jackson’s notorious Neverland Ranch for $100 million. Located at 5225 Figueroa Mountain Road in Los Olivos, the property features a 12,500-square-foot, six-bedroom Normandy-style main house, a four-acre lake and waterfall and a pool. Additionally, Read More →
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By Elijah Brumback / Friday, May 29th, 2015 / Columns, Latest news, Real Estate, Small Business, South Coast, Top Stories / Comments Off on Third Window Brewing taking shape at new SB development
Kris Parker, grandson of the late Fess Parker, is working to open Santa Barbara’s newest brewery operation. With the help of a few friends, family members and business partners, Parker is bringing Third Window Brewing to the new commercial development known as The Mill at the corner of Laguna and Haley streets. He’ll be joined Read More →
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By Elijah Brumback / Friday, May 22nd, 2015 / Real Estate / Comments Off on Tri-Counties fertile ground for shopping center deals
Shopping centers continue to be a hot commodity on the South Coast as retail developments renovate and reposition with new tenants. Following the trend, Santa Barbara-based real estate firm Investec recently purchased the Village at Newbury Park, a power center at 1015-1025 Broadbeck Drive in Thousand Oaks. The deal adds to Investec’s growing portfolio of Read More →
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By Elijah Brumback / Friday, May 15th, 2015 / Columns, Latest news, Real Estate / Comments Off on Bureaucrats move in to locale where winery irked neighbors
The Department of General Services, business manager for the state on the Central Coast, will consolidate a handful of offices into a renovated warehouse just outside of downtown San Luis Obispo. DGS recently signed a $15.4 million, 15-year lease for the former home of The Workshop Urban Wine Collective, a custom crush winery operation at Read More →
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By Elijah Brumback / Friday, May 8th, 2015 / Columns, Real Estate / Comments Off on Global advisory firm invests with SB mixed-use project
SG, a Santa Barbara-based wealth adviser that lays claim to the largest insurance policy ever sold — $201 million to the unnamed CEO of a Silicon Valley public company — is investing its own capital at its current address. The company, working through agent John Donaldson, wants to demolish its current office building at 800 Read More →
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By Staff Report / Thursday, May 7th, 2015 / Banking & Finance, Latest news, Real Estate, South Coast, Top Stories / Comments Off on ERG Resources files bankruptcy, business for sale
ERG Resources, a Houston-based independent oil and gas with major operation in northern Santa Barbara County recently filed for Chapter 11 bankruptcy in Dallas. The company plans to sell the business. A Business Times previous report found that the company owed nearly $400 million on a loan with CLMG Corp., an agent holding lien on Read More →
