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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 →

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It’s a slow recovery all over the region in commercial real estate

By   /  Monday, November 1st, 2010  /  Columns, Real Estate  /  Comments Off on It’s a slow recovery all over the region in commercial real estate

Commercial real estate firms are also rolling out their third-quarter market reports.

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Investec sells $10M property

By   /  Monday, November 1st, 2010  /  Real Estate  /  Comments Off on Investec sells $10M property

Investec Real Estate Companies announced Oct. 27 that it has sold a 12-acre residential property in Carpinteria to a developer who plans to build 73 homes there next year. The property, which is part of the Lagunitas mixed-use development, sold for $10 million, Investec said. Investec will keep the 13-acre office portion of Lagunitas. The Read More →

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Hertel partner files $128M bankruptcy

By   /  Friday, October 29th, 2010  /  Real Estate, Top Stories  /  Comments Off on Hertel partner files $128M bankruptcy

Almost two years after Ventura-based developer R.W. Hertel & Sons was forced into bankruptcy by its creditors, one partner is left holding the bag. Bob Fowler filed one of the largest personal bankruptcies in tri-county history on Sept. 26, listing $127.6 million in debts. Of those liabilities, $105.6 million are personal guarantees Fowler made on Read More →

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Foreclosure freeze won

By   /  Monday, October 25th, 2010  /  Real Estate, Top Stories, Tri-County Economy  /  Comments Off on Foreclosure freeze won

As the nation’s largest home lenders continue their self-imposed foreclosure freezes, economists in the tri-county region say the residential real estate market’s search for the bottom is being delayed. The Tri-Counties had more than 1,200 homes in foreclosure at the end of the second quarter, according to information from research firm DataQuick. That’s up more Read More →