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Dubroff: Hotel Californian developer finds value hidden in plain sight
More than a decade ago in San Francisco, Michael Rosenfeld found a strategic solution to the problem of value investing in California’s pricey real estate markets — he made a bold bet on restoring classic hotel properties that paid off. On Santa Barbara’s waterfront, he has adapted that strategy with a mix of new construction Read More →
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Caruso breaks ground on Miramar resort not a moment too soon
You might call it “Rick Caruso moment, take two.” A couple of years ago I coined the phrase “Rick Caruso moment” to describe the curious phenomenon on the Central Coast where projects don’t really begin – they just move forward on their own momentum after the last opponents fade away. Such was the case, I Read More →
