Impact of Diablo Canyon closure needs studying
We didn’t pull any punches when we wrote about California’s war on business in the April 22 edition of the Business Times. For a classic example of the kind of thinking that’s just wrong about California’s path forward, it’s worth looking at opposition to SB 968. Introduced by Sen. Bill Monning, a Democrat from Santa Read More →
Read More →Munger pledges $200M for UCSB student housing
A Montecito-based philanthropist pledged at least $200 million to build new student housing on the UC Santa Barbara campus and possibly create a new model for the entire UC system. Charles Munger, the 92-year-old vice chairman of Berkshire Hathaway, presented his plan at a recent UC Board of Regents meeting to replace existing dorms on 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 →Caruso’s Miramar hotel revival gets OK to begin construction
The controversial multimillion-dollar revival of the Miramar Hotel and Resort in Montecito is moving forward after the Montecito Water District allowed developer Rick Caruso to increase the size of the project’s water meters. The MWD initially denied the newest iteration of the long-debated Miramar project because of the district’s severe water shortage. The issue at Read More →
Read More →Compass manager sued by Coldwell Banker over ‘secrets’
Coldwell Banker is suing a former employee for allegedly stealing the company’s trade secrets. The residential real estate brokerage company is going after John Nisbet, who left Coldwell Banker’s Santa Barbara office to work for the rapidly expanding residential real estate firm Compass. Coldwell Banker is accusing Nisbet of stealing confidential data, including market data, Read More →
Read More →North Santa Barbara County great location for spinout tech
The Third District Supervisor race in Santa Barbara County caught our eye recently when the topic of finding new homes for UC Santa Barbara spinout technology companies came up. Bruce Porter, a West Point alum and stockbroker, has suggested a more comprehensive effort to link UCSB technology startups to communities in north Santa Barbara Read More →
Read More →Compass expands online luxury real estate platform to SB, Montecito
A new online platform is poised to shake up the region’s luxury residential real estate market. New York-based Compass uses in-house software that aims to cut down on brokers’ administrative work and streamline listing updates. The startup recently announced that it is expanding into the Santa Barbara and Montecito markets. The South Coast is the Read More →
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