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Compass real estate platform expands into Santa Barbara, Montecito

By   /  Thursday, January 7th, 2016  /  Latest news, Real Estate, South Coast  /  Comments Off on Compass real estate platform expands into Santa Barbara, Montecito

An online real estate platform called Compass is expanding into the region with offices in Santa Barbara and Montecito. New York-based Compass connects luxury real estate renters, buyers and sellers with agents, offers market insight and features online listings. Since the company entered the California market about two months ago, it has hired more than Read More →

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2016 expected to be good year for real estate in Tri-Counties

By   /  Friday, January 1st, 2016  /  Columns, Latest news, Real Estate  /  Comments Off on 2016 expected to be good year for real estate in Tri-Counties

Despite the slight increase of interest rates and the drought’s persistence, real estate brokers are bullish on 2016. The Federal Reserve’s decision to gradually raise interest rates throughout 2016 will not likely have a short-term impact on development and real estate activity, industry sources told the Business Times. And while the city of Pismo Beach Read More →

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Buellton hotel project secures funding to begin construction

By   /  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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Ryland beats Street on higher home sales

By   /  Thursday, January 29th, 2015  /  Earnings, Latest news, Real Estate, South Coast, Top Stories, Tri-County Public Companies  /  Comments Off on Ryland beats Street on higher home sales

Shares of the The Ryland Group finished trading up more than 8 percent Thursday after the company released fourth-quarter earnings with revenues up 24.7 percent, trumping analysts expectations.

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Pacifica Hotels makes bet on future of East Beach property

By   /  Friday, January 23rd, 2015  /  Latest news, Real Estate, Top Stories, Tourism  /  Comments Off on Pacifica Hotels makes bet on future of East Beach property

The proposal includes demolishing an existing 12,000-square-foot building to construct a 55,000-square-foot, 45-foot tall hotel at 926 Indio Muerto St.

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Jordano’s makes $10.6M real estate buy

By   /  Friday, January 23rd, 2015  /  Latest news, Real Estate, Top Stories  /  Comments Off on Jordano’s makes $10.6M real estate buy

On the drawing board is a new 102,000-square-foot regional distribution center on the property.

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Camarillo industrial properties sell for $54.5 million

By   /  Friday, December 5th, 2014  /  Latest news, Real Estate, Subscriber content, Top Stories  /  Comments Off on Camarillo industrial properties sell for $54.5 million

A $54.5 million deal for two industrial buildings in Camarillo is one of the biggest transactions to hit the South Coast real estate market this year.

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