A 120-unit affordable housing apartment complex in San Luis Obispo has changed hands for $10.5 million. Seattle-based Vitus Group, an affordable housing developer, purchased the property at 1550 Madonna Road, which is on the west side of San Luis Obispo off Tank Farm Road. The seller was a local affiliate of the United Brotherhood of Read More →
By Marlize van Romburgh / Friday, October 5th, 2012 / Columns, Real Estate / Comments Off on Mesa Lane launches $500M fund for urban, green, mixed-use projects
The firm behind The Loop in Isla Vista is launching a $500 million fund to build similar projects in other cities, particularly college towns.
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By Marlize van Romburgh / Friday, September 28th, 2012 / Columns, Real Estate / Comments Off on Charter high school preps students for college or building workforce
ACE offers young people who are technically inclined the chance to learning about drafting, design and building before graduation.
By Marlize van Romburgh / Friday, September 21st, 2012 / Columns, Real Estate / Comments Off on In Ventura County, too much space, not enough office jobs
“We go around to offices and every eighth or 10th desk is empty.”
A Los Angeles County-based hotel management firm is betting more than $30 million on the Ventura County hotel market, with its purchase of the Pierpont Inn & Spa last week bringing the company’s total number of properties in the region to six. Brighton Management, a real estate firm headquartered in Diamond Bar, purchased the historic Read More →
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