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radiuscommercial21 hours ago
Santa Barbara rents on older apartments are capped at about 2.1% for 2027. On Oct. 6, the Santa Barbara City Council gave final approval to the city's rent control ordinance by a 4-3 vote. Starting Jan. 1, 2027, increases on most apartments built before 1995 are capped at 60% of inflation, never more than 3% a year. Nearly every rental in the city must also register and pay an annual fee. Want a confidential look at how the ordinance affects your property's income and value? Contact Jack Gilbert. Request a free property valuation: www.centralcoastmultifamily.com Jack Gilbert, Senior Associate, DRE #02197493 | GolisTeam@radiusgroup.com | (805) 728-5561 #SantaBarbara #SantaBarbaraRealEstate #RentControl #MultifamilyInvesting #PropertyOwners
radiuscommercial3 days ago
The 11 candidates running for Santa Barbara City Council in Districts 4, 5, and 6 shared their positions on rent stabilization, the State Street Master Plan, and housing at a candidate forum co-hosted by Radius Commercial Real Estate and Meridian Group Real Estate Management (@meridiangrouprem) at the Cabrillo Pavilion on Thursday, September 24. The forum was moderated by Radius Group general manager Donald Katich and Krista Pleiser, chief government relations officer for the Santa Barbara Association of Realtors. The city's first rent stabilization ordinance, which passed the current council on a 4-3 vote, takes effect in January, and the incoming council will be responsible for how it's carried out. Mail-in ballots go out the first week of October. Election Day is Tuesday, Nov. 3. Meet the candidates: District 4: Jason Dominguez (@jasondominguezforsantabarbara), Genevieve Taft-Vazquez (@genevieve4sb), Devon Wardlow (@devonwardlowsb), Monte Wilson (@monte4sb) District 5: Ian Baucke (@ianforsb), Cevin Cathell (@cevinforcouncil), James Zurlinden (@jamesforsb) District 6: Jason Carlton (@carlton4council), Gabe Escobedo (@escobedo4sb), Anabella Lehne (@anabellalehne4sb), Alexander Stoeber (@stoeber4sb) 📸: @ryderchristtv
radiuscommercial4 days ago
17 years running his own firm. Now he's Team Radius. Please welcome Blake Andrews! A Santa Barbara native and founder of Presidio Commercial Real Estate, Blake brings more than two decades of local insight to Radius, specializing in retail, office, and industrial sales and leasing. His philosophy: make every deal personal and stress-free. Welcome to the team, Blake! #TeamRadius #SantaBarbara #CommercialRealEstate #CentralCoast #AmericanRiviera

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Clients

$65.2M

Q2 2026 South Coast
Commercial Sales Volume
vs. $74.7M Q2 2025

6.9%

Q2 2026 Office Vacancy Rate
Down from 9.2% Q1 2026

8.84%

Q2 2026 Downtown State Street
Perceived Vacancy Rate