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Warren Resort Hotels has paid $22.5 million, or $424,528/room, for the Franciscan Inn & Suites, a 53-room hotel in Santa Barbara, Calif. The Santa Maria, Calif., company acquired the property, at 109 Bath St., from Ed St. George, a local ...
Rentv.com Warren Resort Hotels has paid $22.5 million, or $424,528/room, for the Franciscan Inn & Suites, a 53-room hotel in Santa Barbara, Calif. The Santa Maria, Calif., company acquired the property, at 109 Bath St., from Ed St. George, a ...
Commercial Real Estate Direct Staff Report An investment group led by Step Up Housing has paid $75 million, or $275,735/unit, for Hancock Terrace, a 272-unit apartment property in Santa Maria, Calif. The Santa Monica, Calif., company, along with Sack Capital ...
Priority Capital Advisory has arranged $174 million of senior and mezzanine financing for the development of the first phase of the Blosser Ranch master-planned community in Santa Maria, Calif., along the state's central coast. The 160-acre property's first phase is ...
Commercial Real Estate Direct Staff Report Westview Capital has paid $116 million, or $252,173/unit, for the 460-unit La Vista Apartments in Santa Maria, Calif., just north of Santa Barbara, Calif., and about 150 miles northwest of Los Angeles. The Boston ...
Santa Barbara News-Press Majestic Asset Management has paid $50.7 million, or $260.53/sf, for Tech Park @ Engage, a six-building industrial property that totals 194,600 square feet in Goleta, Calif. The Agoura Hills, Calif., investor, which was represented by Hayes Commercial ...
Majestic Asset Management Inc. has paid $13.125 million, or $226.29/sf, for the 58,000-square-foot office building at 120 Cremona Drive in Goleta, Calif., which is near Santa Barbara, Calif., and northwest of Los Angeles. The Agoura Hills, Calif., company purchased the ...
92 percent occupancy rate in 2013. Hersha funded its purchase by assuming a $24.9 million CMBS loan against the hotel. The loan was securitized through COMM, 2013-CCRE8. It pays a fixed coupon of 4.4 percent and matures in 2023.
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