Foley Entertainment Group Acquires Santa Barbara’s Hotel Californian

THE FOLEY ENTERTAINMENT GROUP | September 14, 2021

SANTA BARBARA, CA – September 14, 2021 – Lee & Associates, a leader in commercial real estate services throughout North America, announces one of the largest-ever sales of hotel property in Santa Barbara, the Hotel Californian located at the front door of the city’s booming Funk Zone has traded to one of businessman Bill Foley’s companies for an undisclosed figure. The deal, which closed September 1, was led by local Santa Barbara commercial real estate firms Radius Commercial Real Estate and Lee & Associates Central Coast, with Austin Herlihy and Chris Parker of Radius representing the seller, and Steve Leider and Cl...