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 →
What’s happening here is part of a bigger drama about ultra-low interest rates, the stock market and the prospect for a new credit bubble.
Foley Family Wines announced Nov. 15 that it is buying Paso Robles-based Eos Estate Winery.