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Oxnard hotels snared in $163M lawsuit

By   /  Monday, December 6th, 2010  /  Real Estate  /  Comments Off on Oxnard hotels snared in $163M lawsuit

The Residence Inn by Marriott and the Courtyard by Marriott in Oxnard are both being foreclosed upon and face lawsuits asking for court appointment of a receiver to step in and take control of the properties

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State Street goes from books to bargains in a flurry of deals

By   /  Monday, November 29th, 2010  /  Columns, Real Estate  /  Comments Off on State Street goes from books to bargains in a flurry of deals

Santa Barbara’s downtown retail scene is trading its literary aspirations for bargain-priced fashion, signaling a possible new trend in State Street retail.

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Victoria Street marketplace may reshape downtown foodie scene

By   /  Monday, November 22nd, 2010  /  Columns, Real Estate  /  Comments Off on Victoria Street marketplace may reshape downtown foodie scene

Urban Developments is building an anchor for South Coast culture right in the heart of downtown Santa Barbara. The San Francisco-based development firm has grand plans to build a 23,000-square-foot public market and adjoining residential project at Chapala and Victoria streets, in the spot formerly occupied by a Vons grocery store. Urban Developments Principle Marge Read More →

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Borders to close Santa Barbara store

By   /  Tuesday, November 16th, 2010  /  Latest news, Real Estate  /  Comments Off on Borders to close Santa Barbara store

National book retailer Borders is closing its downtown Santa Barbara store amid a nationwide wave of store closings. Jason Roy, the general manager of the 900 State St. location, told the Business Times on Nov. 16 that the store would be closing in January. “It’s sad that this Borders is leaving State Street,” said Roy, Read More →

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Deckers weighing Carpinteria, Goleta, airport properties

By   /  Tuesday, November 16th, 2010  /  Latest news, Real Estate  /  Comments Off on Deckers weighing Carpinteria, Goleta, airport properties

As Ugg boot company Deckers Outdoor Corp. strides toward a new South Coast headquarters, sites in Carpinteria, Goleta and at the Santa Barbara Municipal Airport have surfaced as potentially perfect fits.

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Santa Barbara gets a bit greener with new City Ventures project

By   /  Monday, November 15th, 2010  /  Columns, Green Coast, Real Estate  /  Comments Off on Santa Barbara gets a bit greener with new City Ventures project

Santa Barbara is now home to the largest green development of single-family homes in the country. Santa Ana-based developer City Ventures broke ground Nov. 10 on a 48-townhome project in Santa Barbara’s East Beach area. Dubbed the Santa Barbara East Beach Collection, the project is striving for LEED Platinum certification from the U.S. Green Building Read More →

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Entitlements done, Investec finds $10M exit from Carpinteria property

By   /  Monday, November 8th, 2010  /  Columns, Real Estate  /  Comments Off on Entitlements done, Investec finds $10M exit from Carpinteria property

The 12-acre residential portion of Carpinteria’s Lagunitas mixed-use project recently sold for $10 million, a move the seller says frees it up to focus on what it does best. “I am not as enamored with building as I am with entitling and getting things approved,” Ken Slaught, president of Investec Real Estate Companies, told the Read More →