Bill Foley buys Hotel Californian
Foley Entertainment Group, founded by Las Vegas Golden Knights hockey owner and Santa Barbara County wine magnate Bill Foley, has purchased the Hotel Californian on lower State Street in Santa Barbara. Foley Entertainment Group announced the purchase Sept. 1 and did not disclose the price. The property’s assessed value is $33.5 million, according to Santa Read More →
Real Estate: Report finds signs of life in CRE industry; Supreme Court ruling won’t lift California eviction ban
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Ventura County takes new tack to redevelop Channel Islands Harbor
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Limoneira predicts earnings growth despite drought and supply chain woes
Santa Paula-based agribusiness Limoneira released preliminary financial results on Aug. 24 for its most recent quarter, highlighting strong fresh lemon utilization which helped offset a smaller-than-expected avocado output. Limoneria said it expects revenue of $49 million in the third quarter of 2021, which would be a slight decrease from the same quarter a year ago, Read More →
Real Estate: The Collection at RiverPark now 90% leased
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Real Estate: New residential community near Cal Poly SLO changes hands
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AppFolio earnings decline again
AppFolio, a Goleta-based property management software developer, saw earnings per share drop sharply for the second consecutive quarter, in financial results for second quarter of 2021, released after the markets closed Aug. 9. Net income for AppFolio was at $2 million for the quarter ended June 30, down from $19.2 million in the same quarter Read More →
