April 26, 2024
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Real Estate: Former Sears in Santa Barbara gets second new tenant

By   /  Friday, February 18th, 2022  /  Columns, Latest news, Real Estate, Subscriber content  /  Comments Off on Real Estate: Former Sears in Santa Barbara gets second new tenant

In the La Cumbre Plaza shopping center in Santa Barbara, near Highway 101, a property that formerly housed a Sears store is getting a new tenant this spring. JT Real Estate Group recently announced the signing of a long-term lease for 70,000 square feet of the former Sears building. The Illinois retailer closed the Santa Read More →

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LTC reports dip in Q4 earnings

By   /  Thursday, February 17th, 2022  /  Banking & Finance, Earnings, East Ventura County, Health Care & Life Science, Latest news, Real Estate, Tri-County Economy, Tri-County Public Companies  /  Comments Off on LTC reports dip in Q4 earnings

Westlake Village-based real estate investment trust LTC Properties on Feb. 17 reported a 27% year-to-year decline in fourth quarter net income for 2021, in financial results released after the market closed on Feb. 17. The company’s net income was $12.7 million, or 32 cents per diluted share, in the fourth quarter of 2021, down from Read More →

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Real Estate: Lower State Street becoming a billionaire’s row for hotel owners

By   /  Friday, February 11th, 2022  /  Columns, Latest news, middle, Real Estate, South Coast, Subscriber content, Top Stories, Tourism, Tri-County Economy  /  Comments Off on Real Estate: Lower State Street becoming a billionaire’s row for hotel owners

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Banks closed thousands of branches in 2021 and tri-county banks were no exception

By   /  Friday, February 11th, 2022  /  Banking & Finance, Banking Industry, Latest news, Real Estate, right, Subscriber content, Top Stories  /  Comments Off on Banks closed thousands of branches in 2021 and tri-county banks were no exception

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Project aims to create a new ‘third place’ in San Luis Obispo

By   /  Friday, February 4th, 2022  /  Central Coast, Latest news, Real Estate, Restaurants, Subscriber content, Top Stories, Tri-County Economy  /  Comments Off on Project aims to create a new ‘third place’ in San Luis Obispo

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Real Estate: Ventura pool supplies company makes splash with $11M industrial buy

By   /  Friday, February 4th, 2022  /  Columns, Latest news, Real Estate, Subscriber content  /  Comments Off on Real Estate: Ventura pool supplies company makes splash with $11M industrial buy

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Our View: Santa Barbara City Council misses the point on rents, housing

By   /  Friday, February 4th, 2022  /  Editorials, Government, Latest news, Opinion, Real Estate, South Coast, Tri-County Economy  /  Comments Off on Our View: Santa Barbara City Council misses the point on rents, housing

When it comes to wasteful government spending, it’s hard to find a worse case in recent memory than the $200,000 the Santa Barbara City Council is spending to study a 2% cap on residential rents. Such a cap would be one of the most onerous in the nation. It is astonishing to think that after Read More →