SLO investors band together, save historic hotel property
Columns, Real EstateThe Granada Hotel building in downtown San Luis Obispo has been purchasedby a group of local investors.
Deal in the works for smaller anchor at SLO’s Prefumo Creek
Columns, Real EstateA deal is in the works for the 36,000-square-foot junior anchor spot at San Luis Obispo’s Prefumo Creek Commons shopping center. The San Luis Obispo Chamber of Commerce said the retailer filling that space is Dick’s Sporting Goods, a national chain. Lee & Associates Central Coast broker Clarice Clark — who represents the landlord — Read More →
Final withdrawal: Behind the scenes of San Luis Trust seizure
Banking & Finance, Top StoriesA team of about 60 FDIC staff members worked late into the night and through the weekend to wind San Luis Trust down and transfer its assets to First California.
Fresh crush: Terravant launches wine for Tesco chain
FeaturesA Buellton wine startup has teamed up with fast-growing grocery chain Fresh & Easy to put a taste of Santa Barbara County in 169 stores across the U.S. Terravant Wine Co. and Fresh & Easy are launching three brands of custom-made wine, sourced largely from the Santa Ynez Valley. “Santa Barbara County has an amazing Read More →
Ventura real estate investor is thinking big in Texas market
Columns, Real EstateDick Fausset is partying in Texas like it’s 1999. The California real estate investor and his Ventura-based firm, Fausset Neely, recently sold a 104,500-square-foot shopping center in Amarillo, Texas, for $4.4 million — twice as much as they paid for the property in 1998. The sale follows a year of scooping up more than 300,000 Read More →
