The commercial real estate recovery along the South Coast remained bumpy in the first half of the year, according to the latest report from Hayes Commercial Group.
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Two years after the historic Hotel Mar Monte was rebranded as the Hyatt Santa Barbara, the property has changed hands for more than $60 million. Chesapeake Lodging Trust, a Maryland-based hotel investment company, purchased the 171-room hotel from a Hyatt Hotel Corp. affiliate for $61 million, or $305,000 per room. In a July 1 announcement, Read More →
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By Marlize van Romburgh / Friday, July 12th, 2013 / Columns, Real Estate / Comments Off on Region’s architecture firms combine forces as projects heat up
In the space of a week, two mergers were announced between area architects firms.
By Staff Report / Thursday, July 11th, 2013 / Latest news, Real Estate / Comments Off on JM Holliday Associates and De Vicente Mills Architecture to merge
Santa Barbara architecture firms JM Holliday Associates and De Vicente Mills Architecture are merging. The two firms, which have been working closely together in the same office space, will officially merge to become DMHA Architecture & + Interior Design. “Our new team more than doubles the size of our existing firms and dramatically increases our Read More →