The new owners of Bacara Resort & Spa in Goleta plan to spend millions of dollars to upgrade the 78-acre coastal resort. On Feb. 25, Irvine-based Pacific Hospitality Group confirmed it had purchased the 360-room Bacara Resort from Ohana Real Estate Investors and Rockpoint Group for an undisclosed amount. The deal marks a successful turnaround Read More →
Congratulations to the 2013 Family Business & Closely Held Companies award winners. The section published Friday, Feb. 22 and is available with the print edition of the Business Times. This year’s winners are: Family Business Titan: Gills Onions, an Oxnard-based onion processing company owned by brothers Steve and David Gill. Legacy Family Businesses • Green Read More →
Pacific Hospitality Group on Monday morning confirmed its purchase of the 78-acre Bacara Resort & Spa in Goleta. The Business Times first reported the pending sale of the 360-room resort last week. Pacific Hospitality, based in Irvine, already owns numerous high-end coastal properties. It purchased Bacara from Ohana Real Estate Investors and Rockpoint Group for Read More →
By Staff Report / Wednesday, February 20th, 2013 / Real Estate, Tourism / Comments Off on Breaking news: Bacara on cusp of sale to Irvine group
By Henry Dubroff and Marlize van Romburgh on February 20, 2012 Bacara Resort & Spa, the luxury resort in Goleta that was snapped up by Ohana Resorts for a bargain price in July 2011, is close to having a new owner. Sources familiar with the transaction said Pacific Hospitality Group of Irvine is in the Read More →
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By pacbiztimes / Wednesday, January 23rd, 2013 / Latest news, Tourism / Comments Off on Caruso, county resume talks over Miramar wages
Los Angeles developer Rick Caruso said Jan. 23 that he has resumed talks with Santa Barbara County officials to implement a hotel incentive program to kickstart work on the Miramar Hotel. First District Supervisor Salud Carbajal and Montecito Association President Richard Nordlund joined Caruso at the recently demolished Miramar site in Montecito to discuss the Read More →