Posts Tagged ‘Real Estate’

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Hearst home for sale at $135 million

Hearst Castle is not on the market, but the former Beverly Hills mansion of William Randolph Hearst is. [Bloomberg] The wealthy newspaper publisher spent the final five years of his life at the Beverly House, a 6-acre mansion situated on... (Continue reading)

SLO County ranked third least affordable place to live

San Luis Obispo County is ranked third on the list when it comes to being the least affordable small market place to live in the United States, according to a study conducted by the National Association of Home Builders. Of... (Continue reading)

Former SLO broker charged with federal bank fraud

A former San Luis Obispo real estate broker is facing federal prison time for illegally flipping houses that he purchased in short sales. Timothy William Barnes, 37, pleaded guilty Monday to committing bank fraud. Barnes, a San Francisco resident, owned... (Continue reading)

The cost of Paso Robles’ hotel boom

Paso Robles has a handful of hotels in the planning stage which could double the number of North County rooms over the next 10 years and also increase water requirements for the drought ravaged area. Under a city council seeking... (Continue reading)

Man killed in Cayucos collision identified

The man who was found dead in a car he crashed into a Cayucos home last weekend has been identified as former Morro Bay realtor John Detomaso. Detomso, 79, from Cayucos crashed into the home on Hacienda Drive, east of... (Continue reading)

Paso Robles restaurant owner charged with defrauding elderly woman

The owner of Robert’s Restaurant and Wine Bar in Paso Robles is accused of stealing a 17-acre Templeton property from a 99-year-old woman. [KSBY] Restaurant owner Robert Clouston was arraigned in San Luis Obispo Superior Court Thursday on felony fraud... (Continue reading)

Kelly Gearhart and James Miller receive another reprieve

By KAREN VELIE For the fifth time, former North County developer Kelly Gearhart’s fraud trial and Hurst Financial president James Miller’s sentencing hearing have been delayed. A federal judge continued Gearhart’s trial from Feb. 18 to June 17. Miller’s hearing... (Continue reading)

Cold Stone Creamery closes Atascadero store

The owner of the Cold Stone Creamery in Atascadero near the Galaxy Theatre closed the store last month because of low revenue. [PasoRoblesDailyNews] In June 2011, Paso Robles entrepreneur Mike Talen opened the ice cream shop at 6917 El Camino... (Continue reading)

Spencer’s Fresh Markets closing San Luis Obispo store

Spencer’s Fresh Markets announced Monday it plans to close its store in San Luis Obispo, citing an expiring lease as the reason. Spencer Markets lease with Laguna Village Shopping Center ends Jan. 31, 2014, John Spencer said. Spencer is offering... (Continue reading)

Estate Financial president Karen Guth getting out of prison early

A principal in a fraudulent $3oo million investment scheme she ran out of the Estate Financial Inc. office in Paso Robles, which financially ruined thousands of people, is slated to be released after serving a little more than six years... (Continue reading)

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