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The new owners of Bacara Resort & Spa in Goleta plan to spend millions of dollars to upgrade the 78-acre coastal resort. On Feb. 25, Irvine-based Pacific Hospitality Group confirmed it had purchased the 360-room Bacara Resort from Ohana Real Estate Investors and Rockpoint Group for an undisclosed amount. The deal marks a successful turnaround Read More →
Congratulations to the 2013 Family Business & Closely Held Companies award winners. The section published Friday, Feb. 22 and is available with the print edition of the Business Times. This year’s winners are: Family Business Titan: Gills Onions, an Oxnard-based onion processing company owned by brothers Steve and David Gill. Legacy Family Businesses • Green Read More →
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 →
By Staff Report / Wednesday, February 20th, 2013 / Real Estate, Tourism / Comments Off on 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 →
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