Santa Barbara Live/Work
212 Cottage Grove, Santa Barbara, CA 93101
Beautiful mixed use commercial building in the heart of Santa Barbara, CA. Apartments on top with commercial units on the bottom. It is located in a prime area walking distance to State street in Downtown Santa Barbara, which is one of the best areas for shopping, dining and recreation.
Palisades funding, Inc arranged debt and equity financing of this nearly 10,000 square foot property. Palisades Capital Management, LLC (Our sister company) will oversee management and repositioning of the asset.
- Complex acquisition & construction financing
- PCM will convert to short term vacation rentals to maximize project value
- 10,000 square foot property
- 6 mixed use units
- Onsite parking