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Kimpton sold to UK hotel group in $430M deal, Miramar delayed

By   /  Tuesday, December 16th, 2014  /  Latest news, Real Estate, South Coast, Top Stories, Tourism  /  No Comments

The deal is touted as a move to accelerate growth of the new company’s brands in the U.S., particularly in Europe and Asia, where demand for boutique brands is on the rise.

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Former Raytheon property in Goleta sells for $2.8M

By   /  Monday, December 15th, 2014  /  Latest news, Real Estate, South Coast, Top Stories  /  No Comments

The industrial property at 5756 Thornwood Dr., currently home to FLIR Systems recently sold for $2.8 million.

Once home to aerospace and defense firm Raytheon, the industrial building at 5756 Thornwood Drive in Goleta has new owners, and improvements are on the way.

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Wells Fargo to open new Santa Barbara location

By   /  Thursday, December 11th, 2014  /  Banking & Finance, Banking Industry, Latest news, South Coast, Top Stories  /  No Comments

San Francisco-based Wells Fargo, one the largest employers in the Tri-Counties, is slated to open its fourth banking branch in Santa Barbara on Dec. 15. The new location is at 101 N. Milpas St. and will serve retail, mortgage and business banking customers. Wells Fargo signed the lease for the 2,600-square-foot former Blockbuster location in […]

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Port of Hueneme sets record revenue

By   /  Wednesday, December 10th, 2014  /  Latest news, South Coast, Top Stories, Tri-County Economy, West Ventura County  /  No Comments

The Port of Hueneme near Ventura County Naval Base pulled in roughly $14.3 million in total gross revenue for 2014—its highest annual revenue number since its inception in 1937, according to a draft audit report. The report was submitted to the port’s Board of Harbor Commissioners on Dec. 8 and indicates that the Port of […]

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A small gain in revenue as Vitesse shifts product strategy

By   /  Thursday, December 4th, 2014  /  Latest news, Technology, Top Stories, Tri-County Public Companies  /  No Comments

The Camarillo-based firm recorded revenue of $108.5 million, slightly up from $103.8 million the year before.

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Four face charges for filched bus fares

By   /  Tuesday, December 2nd, 2014  /  Latest news, Law, Top Stories  /  No Comments

A Gold Coast Transit bus en route to the transit depot in Ventura. (Photo courtesy Bill McConnell)

Ventura County District Attorney Gregory Totten slapped four Gold Coast Transit employees with criminal charges today for snagging cash from bus fare boxes.

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Giving back: Montecito Bank & Trust gifts nonprofits $1 million

By   /  Monday, November 24th, 2014  /  Latest news, Nonprofits, Top Stories, Tri-County Economy  /  No Comments

For the 12th consecutive year, Montecito Bank & Trust kicked off Thanksgiving week with $1 million in corporate gifts to regional nonprofits. Precisely 184 organizations received checks at a Nov. 24 luncheon at the Coral Casino at the Four Seasons Santa Barbara Biltmore under a program that the region’s biggest privately owned bank calls “Community […]

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