JUST LISTED
Homeowners hear the hot market knocking: in the past week, 15 noteworthy properties have come online, including a glamorous 1933 Chester Carjola, a sexy midcentury on the Riviera, and a civilized corner in the Upper East.
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FOOD STUFF
••• What’s going on at Paradise Cafe?
••• Work at the space rumored to be under consideration by Low Pigeon.
••• Barbareño has spun off a takeout pizzeria.
••• A new healthy-meal delivery service.
••• Your guide to “living a pizza passionate lifestyle.”
→ Read the post.
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NEWS ROUNDUP 9/7
••• News-Press fined $2 million for unfair labor practices.
••• Proposed State Street development gets raves from Planning Commission.
••• Earthquake in the Santa Ynez Valley.
••• Workspace rentals in Goleta.
→ Read the post.
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WEATHER FORECAST
“The Santa Ana winds will back off later today, leaving us with seasonable weather,” says Jack Martin of Action Roofing. “For the weekend, highs will be slightly above normal again, with low 80s in Santa Barbara and 90s in the valleys. Skies will be mostly sunny, except for smoke areas. Not a lot of excitement in our weather early next week, just seasonable 80s and low 90s, with 60s overnight in Santa Barbara.” Email [email protected] to receive daily updates.
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NEWS ROUNDUP 9/9
••• Buyer of $30.8 million estate revealed.
••• Front-country trails included in Los Padres National Forest closure.
••• Santa Barbara School Board approves contentious sex-education curriculum.
••• Alleged robber caught stuck in traffic.
••• A victory for State Senator Hannah-Beth Jackson at the end of her capitol career.
••• Man spotted riding giant guinea pig.
→ Read the post.
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HOT PROPERTY
Glorious days to be a real estate agent: these roundups of the past week’s notable closings tend to include 10 or so properties; this one has 19.
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Recent Comments
Don’t ignore the opportunity costs of looking for other deals. Not only do you risk losing this deal, there’s no guarantee another deal would be… — LD
Exactly, Christian. Very well said. This project is needed, right now. — Gail
This modest project— the addition of one mile of siding— has the potential to greatly improve the reliability of the Surfliner, and make it more… — Gail
Bottom line: there is an established process for these types of transactions that is designed to make sure the community residents get the best deal… — SBradley
I think development is just such a different animal. I've worked a little bit with very experienced developers. People who ONLY do RE development. They… — John
John: I think we should keep in mind that Yardi is a software company that sells software *and data* for *real estate property management*. The… — SBradley
Though Yardi is a commercial software developer, real development is much riskier. That business has moats, history, customer lock in and competitive advantages. Redevelopment and… — John
You should remember that where you're sitting right now used to be a tree, a field, or open land at some point. You benefit every… — Tony Machado
It is kind of complex to tease out who bears the risks and benefits in these projects that have public and private parties involved. I… — SBradley
Very interesting. If Yardi is paying anywhere near $120M + $35M + $5.7M for almost 250k empty square feet, this is going to take a… — NuemanJ