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Saturday, April 20, 2024
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    HomeBusinessRitz-Carlton Bacara Resort Sold

    Ritz-Carlton Bacara Resort Sold

    Primetime John Palminteri tweeted earlier today that the “…Bacara Resort and Spa in Goleta sold for an estimated $529 million.” This is the largest non-oil sale in Santa Barbara County history.

    The Restaurant Guy reports the “buying entity is Ruby SB Hotel LLC and the City of Goleta earned a $583,855.90 transfer tax on the sale.”

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