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Historic Ventura hotel changes hands

By   /  Wednesday, July 9th, 2014  /  Real Estate, Top Stories, Tri-County Economy, West Ventura County  /  1 Comment

Sandpiper Capital Partners has purchased the 37-room Leewood Hotel in downtown Ventura from its longtime owner and plans to convert it to an apartment complex. The firm purchased the property for just under $2.7 million, Justin Egerer, founder and managing member of Sandpiper Capital Partners, said in an email to the Business Times. The property is Read More →

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Granada Tower fully leased after Peritus deal

By   /  Monday, July 7th, 2014  /  Latest news, Real Estate, South Coast  /  Comments Off on Granada Tower fully leased after Peritus deal

Santa Barbara-based Peritus Asset Management recently signed a long-term lease for the entire fourth floor of the Granada Tower, making the building fully leased.

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Simi Valley hotel dreams take flight with Hummingbird development

By   /  Friday, July 4th, 2014  /  East Ventura County, Real Estate, Top Stories, Tourism, Tri-County Economy  /  1 Comment

  In a bid to attract more tourism dollars from nearby Los Angeles, city officials in Simi Valley are pinning their hopes on the development of a five-star hotel at Hummingbird Nest Ranch. But the developer behind the 126-acre ranch says the largest component of the resort development hinges on how well the early phases Read More →

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Developers squabble over $8M RiverPark theater fund

By   /  Friday, July 4th, 2014  /  Columns, Real Estate, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Developers squabble over $8M RiverPark theater fund

Elijah Brumback

As a new mixed-used housing project in downtown Oxnard lands on the table, the partners behind the development hope they can unlock a long-disputed $8 million that was once tied to the city’s redevelopment agency.

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$8M Carpinteria office building changes hands

By   /  Tuesday, July 1st, 2014  /  Real Estate, South Coast, Top Stories  /  Comments Off on $8M Carpinteria office building changes hands

  One of Carpinteria’s more notable office buildings is back in the hands of its previous owner. The 52,000-square-foot Class A property at 5464 Carpinteria Ave. was recently bought back from the entity that the previous investor sold it to. Transaction terms weren’t disclosed, but the brokerage firm behind the deal said the property was Read More →

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San Luis Obispo groups tackle workforce housing shortage

By   /  Friday, June 27th, 2014  /  Central Coast, Real Estate, Top Stories, Tri-County Economy  /  Comments Off on San Luis Obispo groups tackle workforce housing shortage

San Luis Obispo County has a problem with workforce housing. It doesn’t exist, and nobody wants to build it.

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Opposition could gum up energy projects

By   /  Friday, June 27th, 2014  /  Central Coast, Real Estate, Top Stories, Tri-County Economy  /  Comments Off on Opposition could gum up energy projects

A trio of Central Coast oil projects are winding through the regulatory process in the face of increasingly stiff regional and statewide opposition.