Other recent news: UCSB staff member reportedly killed by being pushed off cliff; more on the new Caldwell Snyder gallery; the local behind a UVC lamp that kills microorganisms; progress for the Carpinteria Rincon Bluffs Preserve; new SBPD crime map; 14,000-square-foot Buellton entertainment center in the works.
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Acme Hospitality confirmed what had been hinted for a while now: the new name of the Paradise Cafe space is La Paloma Cafe, same as it was before Paradise. And the food appears to be Mexican.
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Other recent news: State Street shops blaming restaurants for hurting business; city council forcing landlords to pay for “relocation assistance” when leases aren’t renewed; ticketing system approved for Covid-19-related violations; emergency shelter moved to Cabrillo Boulevard; La Casa de la Raza got landmarked.
The week’s notable new listings also include California charm—and a coffee orchard—in Toro Canyon, 1980s opulence in Hope Ranch, potential sweetness in east Montecito, and more.
















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