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The Lee legacy: Clarke mentors women in commercial real estate

By   /  Friday, April 25th, 2014  /  Central Coast, Real Estate, Small Business, South Coast, Tri-County Economy, Women Inc.  /  Comments Off on The Lee legacy: Clarke mentors women in commercial real estate

Clarice Clarke, president of Lee & Associates Central Coast, has quietly built out a team of brokers in Santa Barbara and San Luis Obispo counties that includes some of the most experienced women in the business.

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Ryland revenues soar on higher home sales

By   /  Thursday, April 24th, 2014  /  Earnings, Real Estate, Top Stories, Tri-County Public Companies  /  Comments Off on Ryland revenues soar on higher home sales

A Ryland Group townhome development in Chanhassen, Minn. (Ryland Group media image)

First-quarter profits at homebuilder The Ryland Group climbed 6.4 percent to $23.5 million, or 42 cents per share, as it sold more houses and at higher prices.

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A premium on historic Oxnard: Barkley buys Bank of A. Levy site

By   /  Friday, April 18th, 2014  /  Real Estate, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on A premium on historic Oxnard: Barkley buys Bank of A. Levy site

Al Barkley, left, and his son Griffin and wife Rebecca inside the historic Bank of A. Levy builing in downtown Oxnard. Al and Rebecca purchased and refurbished the property at 143 W Fifth St. and now lease it the family firm, Barkley Insurance & Risk Management.

A historic bank building in downtown Oxnard is now home to Barkley Insurance & Risk Management, a 20-year-old family firm.

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Hotel Oceana gets a new name as waterfront inns ready for boom

By   /  Friday, April 18th, 2014  /  Real Estate, South Coast, Tourism, Tri-County Economy  /  Comments Off on Hotel Oceana gets a new name as waterfront inns ready for boom

The 122-room property at 202 W. Cabrillo Blvd. was purchased last month by Philadelphia-based investment firm HHM for $41.7 million, including the assumption of $24.9 million in mortgage debt.

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Montecito’s Starbucks center sells for $14.5M

By   /  Monday, April 7th, 2014  /  Real Estate, South Coast, Top Stories, Tri-County Economy  /  Comments Off on Montecito’s Starbucks center sells for $14.5M

The 13,800-square-foot retail center at 1046 Coast Village Road in Montecito has been purchased by a local couple for $14.5 million. (Photo courtesy of Radius Commercial Real Estate & Investments)

  The Starbucks-anchored retail center at 1046 Coast Village Road in Montecito has been sold to a local couple for $14.5 million. Montecito residents Deborah and James Longo purchased the 13,800-square-foot property in an off-market deal, according to Radius Commercial Real Estate & Investments. Along with the coffee shop, the other long-term tenants at the Read More →

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Last indie grocer leaves SLO as Whole Foods buys New Frontiers

By   /  Friday, April 4th, 2014  /  Central Coast, Real Estate, Top Stories, Tri-County Economy  /  Comments Off on Last indie grocer leaves SLO as Whole Foods buys New Frontiers

The sale sets the stage for Whole Foods’ first Central Coast store but also marks the departure of San Luis Obispo’s last independently owned grocery chain.

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Coastal Commission sea-level rules could erode property rights

By   /  Friday, April 4th, 2014  /  Central Coast, East Ventura County, Green Coast, Real Estate, South Coast, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Coastal Commission sea-level rules could erode property rights

The seas are rising, threatening billions of dollars of California’s coastal real estate. But the question of whether property owners can armor against the waves or must fall back as their holdings wash away is at the heart of an obscure policy document making its way through the California Coastal Commission. The rules would require Read More →

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