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Carrillo Holdings’ $12.2M sale caps off year of deals

By   /  Friday, January 30th, 2015  /  Latest news, Real Estate, Subscriber content, Top Stories  /  Comments Off on Carrillo Holdings’ $12.2M sale caps off year of deals

Thanks to a four-year renovation, new tenants and a Starbucks coffee anchor, owners of a downtown Santa Barbara property were able to flip the Carrillo Street asset for $12.2 million.

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Ryland beats Street on higher home sales

By   /  Thursday, January 29th, 2015  /  Earnings, Latest news, Real Estate, South Coast, Top Stories, Tri-County Public Companies  /  Comments Off on Ryland beats Street on higher home sales

Shares of the The Ryland Group finished trading up more than 8 percent Thursday after the company released fourth-quarter earnings with revenues up 24.7 percent, trumping analysts expectations.

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Carrillo Plaza flipped to investor for $12.2M

By   /  Monday, January 26th, 2015  /  Latest news, Real Estate, South Coast, Top Stories  /  Comments Off on Carrillo Plaza flipped to investor for $12.2M

Carrillo Plaza is located at 210 W. Carrillo Blvd. and was sold by Carrillo Holdings, a Santa Barbara-based real estate company. It has shed six Santa Barbara properties over the last 18 months.

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Tesla Motors takes charge on South Coast

By   /  Friday, January 23rd, 2015  /  Latest news, Real Estate, Top Stories  /  Comments Off on Tesla Motors takes charge on South Coast

The store will feature interactive touchscreens, design centers and other tools for buying and customizing made-to-order vehicles directly from the Palo Alto-based manufacturer.

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Pacifica Hotels makes bet on future of East Beach property

By   /  Friday, January 23rd, 2015  /  Latest news, Real Estate, Top Stories, Tourism  /  Comments Off on Pacifica Hotels makes bet on future of East Beach property

The proposal includes demolishing an existing 12,000-square-foot building to construct a 55,000-square-foot, 45-foot tall hotel at 926 Indio Muerto St.

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Jordano’s makes $10.6M real estate buy

By   /  Friday, January 23rd, 2015  /  Latest news, Real Estate, Top Stories  /  Comments Off on Jordano’s makes $10.6M real estate buy

On the drawing board is a new 102,000-square-foot regional distribution center on the property.

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Miramar green-lighted, but Caruso not happy with restrictions

By   /  Thursday, January 22nd, 2015  /  Latest news, Real Estate, South Coast, Top Stories, Tourism  /  Comments Off on Miramar green-lighted, but Caruso not happy with restrictions

At a Jan. 21 Montecito Planning Commission meeting that lasted well into the evening, developer Rick Caruso was ultimately given the OK for his redesigned Miramar project. However, the commission attached a few conditions to the approval, which didn’t sit well with the founder of one of the largest privately held real estate companies in Read More →