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Editorial: Newhall Ranch will test housing market

By   /  Friday, August 12th, 2011  /  Editorials, Opinion  /  Comments Off on Editorial: Newhall Ranch will test housing market

In the borderland between Los Angeles and Ventura Counties along the Santa Clara River Valley, a regulatory barrier to a major development has been removed.

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Santa Barbara gets a bit greener with new City Ventures project

By   /  Monday, November 15th, 2010  /  Columns, Green Coast, Real Estate  /  Comments Off on Santa Barbara gets a bit greener with new City Ventures project

Santa Barbara is now home to the largest green development of single-family homes in the country. Santa Ana-based developer City Ventures broke ground Nov. 10 on a 48-townhome project in Santa Barbara’s East Beach area. Dubbed the Santa Barbara East Beach Collection, the project is striving for LEED Platinum certification from the U.S. Green Building Read More →

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Hertel partner files $128M bankruptcy

By   /  Friday, October 29th, 2010  /  Real Estate, Top Stories  /  Comments Off on Hertel partner files $128M bankruptcy

Almost two years after Ventura-based developer R.W. Hertel & Sons was forced into bankruptcy by its creditors, one partner is left holding the bag. Bob Fowler filed one of the largest personal bankruptcies in tri-county history on Sept. 26, listing $127.6 million in debts. Of those liabilities, $105.6 million are personal guarantees Fowler made on Read More →

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Foreclosure freeze won

By   /  Monday, October 25th, 2010  /  Real Estate, Top Stories, Tri-County Economy  /  Comments Off on Foreclosure freeze won

As the nation’s largest home lenders continue their self-imposed foreclosure freezes, economists in the tri-county region say the residential real estate market’s search for the bottom is being delayed. The Tri-Counties had more than 1,200 homes in foreclosure at the end of the second quarter, according to information from research firm DataQuick. That’s up more Read More →

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Foreclosure fiasco’s ground zero: Ventura County offices churned out paperwork

By   /  Monday, October 25th, 2010  /  Top Stories, Tri-County Economy  /  Comments Off on Foreclosure fiasco’s ground zero: Ventura County offices churned out paperwork

Ask her how many foreclosure documents she worked through in a day at Countrywide Financial Corp., and Linda Martins-Mann says the pace was fast. “I didn’t count how many I processed, but it was a lot,” she said. “Maybe about 500 a day.” Martins-Mann was a foreclosure technician at Countrywide’s Simi Valley offices until the Read More →

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Betting on a windfall: A new kind of project for Paso Robles

By   /  Monday, October 18th, 2010  /  Features  /  Comments Off on Betting on a windfall: A new kind of project for Paso Robles

Windfall Farms may one day be to Paso Robles what Montecito is to Santa Barbara — an enclave for millionaire retirees and the weekend wealthy. But the San Luis Obispo County version has a few extra country charms thrown in, like alfalfa fields, grazing cattle, wine grapes and Kentucky-style horse facilities. The 724-acre Windfall Farms Read More →

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