Bacara Resort sold to Pacific Hospitality Group
Pacific Hospitality Group on Monday morning confirmed its purchase of the 78-acre Bacara Resort & Spa in Goleta. The Business Times first reported the pending sale of the 360-room resort last week. Pacific Hospitality, based in Irvine, already owns numerous high-end coastal properties. It purchased Bacara from Ohana Real Estate Investors and Rockpoint Group for Read More →

East Area I project looks to 2014 with annexation into Santa Paula

Limoneira Co.’s 1,500-home mixed-use project has been in the works since 2004.
Breaking news: Bacara on cusp of sale to Irvine group

By Henry Dubroff and Marlize van Romburgh on February 20, 2012 Bacara Resort & Spa, the luxury resort in Goleta that was snapped up by Ohana Resorts for a bargain price in July 2011, is close to having a new owner. Sources familiar with the transaction said Pacific Hospitality Group of Irvine is in the Read More →
Coast Village Road heats up with $10.2M sale of Starbucks center

The recent sale of the property at 1046-1054 Coast Village Road capped a year of multimillion-dollar deals in Montecito.
Montecito buildings sell for $10.2M
A prominent Montecito retail building has been sold to an unnamed local investor for $10.2 million. The 13,778-square-foot retail property building at 1046 to 1054 Coast Village Road houses tenants such as Starbucks, Von’s Pharmacy, Blenders in the Grass, Boutique Antoinette and Occhiali Fine Eyewear. Clarice Clark, president of Lee & Associates, handled the transaction Read More →