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Latest

High-end hotelier Rosewood will run Caruso’s Miramar resort

By   /  Friday, June 5th, 2015  /  Latest news, Real Estate, South Coast, Top Stories, Tourism  /  Comments Off on High-end hotelier Rosewood will run Caruso’s Miramar resort

With luxury resort operator Rosewood Hotels & Resorts signed on to run the Miramar resort and a large construction loan secured, some of the final pieces of the nearly decade-long puzzle are falling into place. Terms of the agreement weren’t disclosed when the deal was announced on June 3. But talks between the two firms Read More →

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Latest

Santa Barbara’s Arts & Letters Cafe sold after 20-year run

By   /  Thursday, June 4th, 2015  /  Latest news, Real Estate, Restaurants, Small Business, South Coast, Top Stories  /  Comments Off on Santa Barbara’s Arts & Letters Cafe sold after 20-year run

Designer Steve Hermann will write the next chapter for the former Arts & Letters Cafe, turning the quaint eatery and gallery space into a fine dining restaurant. According to Hayes Commercial Group, the property, which sits just off State Street at 7 E. Anapamu St., closed above the $2.1 million asking price and garnered a Read More →

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Latest

Neverland Ranch on market for $100 million

By   /  Friday, May 29th, 2015  /  Central Coast, Latest news, Real Estate, Top Stories  /  Comments Off on Neverland Ranch on market for $100 million

Colony Capital, the Santa Monica-based firm headed by real estate mogul Tom Barrack, is trying to sell late pop star Michael Jackson’s notorious Neverland Ranch for $100 million. Located at 5225 Figueroa Mountain Road in Los Olivos, the property features a 12,500-square-foot, six-bedroom Normandy-style main house, a four-acre lake and waterfall and a pool. Additionally, Read More →

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Latest

Third Window Brewing taking shape at new SB development

By   /  Friday, May 29th, 2015  /  Columns, Latest news, Real Estate, Small Business, South Coast, Top Stories  /  Comments Off on Third Window Brewing taking shape at new SB development

Kris Parker, grandson of the late Fess Parker, is working to open Santa Barbara’s newest brewery operation. With the help of a few friends, family members and business partners, Parker is bringing Third Window Brewing to the new commercial development known as The Mill at the corner of Laguna and Haley streets. He’ll be joined Read More →

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Tri-Counties fertile ground for shopping center deals

By   /  Friday, May 22nd, 2015  /  Real Estate  /  Comments Off on Tri-Counties fertile ground for shopping center deals

Shopping centers continue to be a hot commodity on the South Coast as retail developments renovate and reposition with new tenants. Following the trend, Santa Barbara-based real estate firm Investec recently purchased the Village at Newbury Park, a power center  at 1015-1025 Broadbeck Drive in Thousand Oaks. The deal adds to Investec’s growing portfolio of Read More →

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Latest

AppFolio files for $100M IPO

By   /  Tuesday, May 19th, 2015  /  Banking & Finance, Latest news, Real Estate, South Coast, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on AppFolio files for $100M IPO

  Goleta-based AppFolio filed with U.S. regulators May 18 for an initial public offering. The developer of cloud-based property management software listed $100 million as the initial fundraising target, however the size the IPO could change. The company did not stipulate how many shares it plans to sell. The move comes on the heels of Read More →

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Latest

Bureaucrats move in to locale where winery irked neighbors

By   /  Friday, May 15th, 2015  /  Columns, Latest news, Real Estate  /  Comments Off on Bureaucrats move in to locale where winery irked neighbors

The Department of General Services, business manager for the state on the Central Coast, will consolidate a handful of offices into a renovated warehouse just outside of downtown San Luis Obispo. DGS recently signed a $15.4 million, 15-year lease for the former home of The Workshop Urban Wine Collective, a custom crush winery operation at Read More →

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