Fungus ruckus: Ventura mushroom farm in escrow to international buyer
What was once the country’s third-largest mushroom producer is facing a complaint filed by the city seeking nearly $200,000, and a civil suit by Shell Energy North America for an unpaid line of credit.
$98M office campus sale sets new high-water mark for county
The eye-popping price signals that a turnaround is taking hold in the Ventura County office market, which has suffered from high vacancy rates in a depressed job market, industry insiders say.
Armstrong lands construction contract for Children’s Museum
Construction on a 17,000-square-foot Children’s Museum in Santa Barbara kicks off this summer. Area general contractor Armstrong Associates has been tapped to build the new museum at 125 State St., adjacent to the train station.
Investors plan to boost apartment portfolios despite GSE cutback
Even as the Obama administration reins in the massive government-sponsored entities Fannie Mae and Freddie Mac, tri-county real estate investors say the shift will likely have a nominal effect on the region’s robust apartment investment market.
Led by Parker inn, hotels to make headway in 2014
After several false starts over the years, the Fess Parker family is moving forward with revised plans for its second waterfront hotel in Santa Barbara, one of a few hotel developments in the city that could see progress in the New Year.
