By Marlize van Romburgh / Friday, September 14th, 2012 / Columns, Real Estate / Comments Off on Malls investing millions signal Ventura County retail rebound
Mall operators are investing millions of dollars to attract tenants ahead of the expected retail rebound.
State officials have chopped plans for a new criminal courthouse in Santa Barbara from three stories to two and slashed its square footage by one-third in the face of budget cuts. Instead of constructing a new building, the existing Figueroa Street structure will used as the basis for an expansion. The new courthouse slated for Read More →
By Marlize van Romburgh / Friday, September 7th, 2012 / Columns, Real Estate / Comments Off on Thousand Oaks apartments sell to L.A. investors for $51.4M
The apartment complex drew more than 90 interested buyers and received multiple offers.
Ventura County’s economic recovery is lagging behind that of the rest of the Golden State. That was the view from Mark Schniepp, director of the Santa Barbara-based California Economic Forecast in a Sept. 6 outlook for Ventura County. Ventura County has seen negative net migration in its population figures for seven out of the last Read More →
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A 191-unit apartment complex in Thousand Oaks has been sold to a Los Angeles investment firm for $51.4 million, an almost 20 percent premium over the property’s last sale price in 2007. IMT Capital purchased the Archstone Thousand Oaks Crest complex at 491 W. Gainsborough Road. The property drew more than 90 interested buyers and Read More →