Haggen to sell remaining grocery stores
And then there were none. Albertsons plans to purchase 29 of 32 Haggen’s “core stores” in Oregon and Washington for a “base amount” of about $106.2 million, according to a March 11 bankruptcy filing. Haggen plans to sell its three remaining locations over the next 60 days. In less than a year and a half, Read More →
Read More →State’s housing prices too high for middle-income residents
A housing shortage is driving the middle class out of California. Several reports from Next 10 and Beacon Economics illustrated the state’s growing housing to jobs imbalance. Housing prices will continue to climb unless cities and counties increase residential densities and streamline the permitting process, according to the reports. More people are leaving the state Read More →
Read More →Coastal housing groups help workers buy or rent
Live near work. It’s a concept that’s vexed tri-county businesses as they’ve struggled to recruit and retain employees. The Santa Barbara-based Coastal Housing Partnership has made a name for itself by helping the region’s employees buy homes and rent apartments near their jobs. The nonprofit works with about 50 business owners who pay an annual Read More →
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CKE may be leaving Carpinteria
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Read More →SLO County winery’s Chapter 11 triggers bank lawsuit
Wells Fargo is suing San Luis Obispo County-based winemaker and well-known entrepreneur Christopher J. Conway for an alleged $12.86 million unpaid loan. The bank is suing the owners of the Rancho Arroyo Grande ranch and vineyard, which is spread over nearly 3,500 acres at 591 Hi Mountain Road east of Arroyo Grande. Rancho Arroyo Grande Read More →
Read More →Real estate tech firms target Montecito, Santa Barbara
The tri-county real estate tech scene is surging. A number of web-based brokerage firms are flooding the region, targeting the affluent neighborhoods of Montecito and Santa Barbara. They aim to disrupt the established order of the real estate market through features such as streamlined online platforms, lower commission rates and live video walkthroughs. Open Listings Read More →
Read More →Ventura County misses out on federal funds because it lacks transportation tax
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