SLO investors band together, save historic hotel property
The Granada Hotel building in downtown San Luis Obispo has been purchasedby a group of local investors.
A time out to assess Diablo Canyon risks
When the Diablo Canyon nuclear plant began operating near Avila Beach more than20 years ago, it represented a rare economic development opportunity for San Luis Obispo County.
Deal in the works for smaller anchor at SLO’s Prefumo Creek
A 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 →
Ventura real estate investor is thinking big in Texas market
Dick 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 →
10 great years and poised for an exciting 2011
As we get ready to put the finishing touches on another year, I wanted to just say a few words about our 10th anniversary accomplishments and talk about new initiatives in the works for 2011.
From the ashes of the market, a sober look at avoiding disaster
The founder of a Westlake Villag mortgage lending company recently penned a book on the real estate collapse – and how to profit going forward
