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The 68-room El Prado and Days Inn hotel on mid-State Street in Santa Barbara has changed hands. Terms of the deal were not disclosed, but the property was listed at $15.3 million, according to Radius Commercial Real Estate & Investments. A group of South Coast investors purchased the 1601 State St. property with the intention Read More →
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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 →
