Banking on downtown SLO: Heritage Oaks buys former Union Bank building
The multimillion-dollar sale of a prime property in the heart of the Central Coast’s busiest downtown comes amid a flurry of building activity that had some developers bidding on the lot in hopes of developing the bank building’s adjacent parking lot, which faces the corner of Marsh and Osos streets. But the timing was too good for Heritage Oaks to pass the location up, said Simone Lagomarsino, the bank’s CEO.
Ventura apartments sell for $82M
A 316-unit apartment complex in Ventura has changed hands for $82 million, one of the largest such deals in recent years. San Mateo-based private real estate investment management firm JB Matteson purchased the luxury Vanoni Ranch Apartments at 10676 Veronica Lane in Ventura. The seller was undisclosed. The apartment complex consists of 27 two-story buildings Read More →
Santa Barbara firm investing millions in out-of-state projects
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Fighting for farming: Santa Paula rancher wrangles with SOAR advocates
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New water fees could dry up Ventura projects
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Ventura County developers pull back amid high vacancy
The ’70s are back. At least when it comes to the state of commercial real estate development in Ventura County. While new home building in Ventura County is up compared to last year, commercial development is at a 37-year low, according to the latest report from the California Economic Forecast. Total investment in Ventura County Read More →
