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By Alex Kacik / Friday, September 25th, 2015 / Columns, Latest news, Real Estate, Tri-County Economy / Comments Off on Experts say Ventura County’s economy lagging behind state
Ventura County’s economy is lagging. Its businesses are downsizing or defecting while the state’s economy is growing. A lack of new housing, new companies or existing business growth has translated to fewer jobs, high industrial vacancy, and rising home prices and apartment rental rates. Strict development regulations may continue to stifle the region’s growth. Those Read More →
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By Alex Kacik / Friday, September 18th, 2015 / Latest news, Real Estate, Top Stories, Tri-County Public Companies, West Ventura County / Comments Off on Limoneira, Lewis Group partner to build 1,500 homes in Santa Paula
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By Alex Kacik / Friday, September 18th, 2015 / Columns, Real Estate / Comments Off on Project to build hotel, housing in Carpinteria up for review
The Carpinteria City Council and Planning Commission will review a proposal next week for a 154-room hotel, 45 single-family houses and 40 multifamily apartments. The 23.4-acre project is slated for the Bluffs 1 property between the Carpinteria Bluffs Nature Preserve and city hall, which is currently home to a driving range and blueberry crops. Jack Read More →
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By Alex Kacik / Friday, September 11th, 2015 / Columns, Real Estate / Comments Off on Santa Barbara Museum of Art plans $50M renovation project
The proposed overhaul of the Santa Barbara Museum of Art is going through the final stages of approval. The $50 million renovation, which will be privately funded, includes $42 million in construction costs and $8 million in ongoing maintenance, SBMA Director Larry Feinberg said at a planning commission meeting. The remodel will include roofing and Read More →
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By Staff Report / Wednesday, September 9th, 2015 / Agribusiness, Latest news, Real Estate, Top Stories, Tri-County Public Companies, West Ventura County / Comments Off on Limoneira partners with Lewis Group on Santa Paula Gateway
In a transformative deal, Limoneira Co. has landed a partner for its Santa Paula Gateway project, unlocking as much as $100 million in cash flow over the next 10 years. In a statement, Limoneira said it has joined with The Lewis Group of Companies, a real estate investment company based in Claremont, to develop the Read More →
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By Alex Kacik / Friday, September 4th, 2015 / Columns, Latest news, Real Estate, South Coast / Comments Off on Santa Barbara office building for lease until $2M renovation starts
Radius Commercial Real Estate Group recently listed two industrial/office buildings totaling 27,200 square feet at 749 and 759 Ward Drive in Santa Barbara. One 17,200-square-foot building is available for a 58 cent-per-square-foot lease until October 2016 when the owner will begin a $2 million-plus renovation. Both buildings will be ready in early 2017, according to Read More →
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By Alex Kacik / 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 →
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