By pacbiztimes / Friday, August 28th, 2015 / Columns, Real Estate / Comments Off on Buellton hotel project secures funding to begin construction
A Buellton hotel project recently secured $14 million to start construction. The Los Angeles-based real estate investment company Lowe Enterprises Investors gave a $13.99 million construction loan to Ocean Park Hotels, a hotel construction company in Monterey, to fund building a Hampton Inn and Suites at 600 McMurray Road. The three-story, 99-unit property that will Read More →
According to Trigild CEO Bill Hoffman, the properties were held in a family trust and sold for an undisclosed price after Monterey California Superior Court Judge, the Honorable Susan J. Matcham, ruled in favor of the sale, overruling the objections of some of the trust beneficiaries.
The Santa Ynez Band of Chumash Indians intends to break ground on its proposed $112 million hotel and casino expansion in October, just six months after the massive project was first announced.
By Staff Report / Thursday, September 27th, 2012 / Latest news / Comments Off on Commission approves La Entrada changes
Plans for La Entrada, the long-awaited hotel and condominium project on lower State Street, took another step forward Sept. 26 as Santa Barbara’s Historic Landmarks Commission approved changes to the 123-unit development’s design. The commission gave the hotel’s developer, 35 State Street Hotel Partners, the go-ahead to alter plans for sidewalk and street-lighting designs adjacent Read More →
El Encanto, the historic Santa Barbara hotel that’s set to reopen in March after seven years of renovations, has appointed Laura McIver as its general manager. McIver, whose first official day on the job is Aug. 6, will lead the luxury resort through its second grand opening. She was general manager at Canary Hotel in Read More →
Six months after Ohana Real Estate Investors bought Bacara Resort & Spa for an estimated $104 million, industry sources say the luxury hotel is back on the market. According to several Santa Barbara hotel operators, a major international hotel chain recently approached Ohana with an unsolicited inquiry to purchase the 360-room Goleta resort. The offer Read More →
