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Articles Tagged With ‘Developer’s’




Belsher, Petetit accused of bilking millions from investors

Written on 2 Dec, 2018 in Featured, Uncovered SLO | 31 comments

By KAREN VELIE Multiple investors in projects by developers John Belsher and Ryan Petetit have filed lawsuits against the pair for allegedly bilking them out of money with promises of high interest on secured investments. [Cal Coast Times] Several investors... (Continue reading)

Attorney John Belsher accused of theft of rent payments

Written on 20 Nov, 2018 in Featured, Uncovered SLO | 27 comments

By KAREN VELIE Attorney John Belsher and his partner in several developments, Ryan Petetit, are accused of fraudulently leasing out a building in San Luis Obispo and then collecting more than $250,000 in rent. [Cal Coast Times] The lawsuit, filed... (Continue reading)

The richest bankrupt people in San Luis Obispo

Written on 27 Sep, 2018 in Featured, Uncovered SLO | 17 comments

Editor’s Note: This is the second in a series about developers Ryan Petetit and John Belsher, their bankruptcies, tax liens and lawsuits. By KAREN VELIE Despite having real estate projects in bankruptcy, dozens of tax liens and multiple lawsuits from... (Continue reading)

San Luis Square developers file bankruptcy

Written on 26 Sep, 2018 in Featured, Uncovered SLO | 13 comments

Editor’s Note: This is the first in a series about developers Ryan Petetit and John Belsher, their bankruptcies, tax liens and lawsuits. By KAREN VELIE The principals of a San Luis Obispo-based development company have filed multiple bankruptcies associated with... (Continue reading)

Developers allegedly planning to build 15,000 homes near Avila Beach

Written on 25 Feb, 2018 in Daily Briefs, Featured | 19 comments

Environmental groups have uncovered an email that allegedly reveals a developer or developers’ plan to strike a deal with PG&E so they can build a 15,000-home community in Wild Cherry Canyon near Avila Beach and Diablo Canyon power plant. If... (Continue reading)

Atascadero Eagle Ranch project placed on hold

Written on 28 Jun, 2017 in Daily Briefs, Featured | 10 comments

A plan to build hundreds of homes, a resort and more on the southern edge of Atascadero has been placed on hold. But despite significant opposition to the plans, the developer likely will not drop the project. Jeff and Greg... (Continue reading)

Madonna Enterprises planning hotel in Atascadero

Written on 27 Jun, 2017 in Daily Briefs, Featured | 13 comments

Clint Pearce, of Madonna Enterprises, plans to build a 120-room hotel in Atascadero near the site of where Wal-Mart was previously expected to open. Plans for the hotel include four stories with outdoor patio spaces, a pool, a fitness room... (Continue reading)

Grossman’s San Luis Ranch project heads to SLO planning commission

Written on 7 Jun, 2017 in Daily Briefs, Featured | 35 comments

Developer Gary Grossman, who has donated big money to local politicians, is set to bring his San Luis Ranch project to the SLO Planning Commission. Grossman, a major donor to San Luis Obispo County Supervisor Adam Hill and Hill’s political... (Continue reading)

Sheriff deputies coming to Nipomo Mesa

Written on 9 Jan, 2017 in Daily Briefs, Featured | 6 comments

There will soon be San Luis Obispo County Sheriff’s deputies stationed on the Nipomo Mesa, if the board of supervisors approves a development deal on Tuesday. [Tribune] An agreement between Monarch Dunes LLC and SLO County calls for the property... (Continue reading)

County supervisors double ‘affordable housing’ fees

Written on 7 Dec, 2016 in Daily Briefs, Featured | 8 comments

A divided San Luis Obispo County Board of Supervisors voted Tuesday to double in-lieu fees that developers must pay when they build homes that are not considered “affordable housing.” Supervisors Bruce Gibson, Adam Hill and Frank Mecham voted for the... (Continue reading)