San Luis Obispo developer mixes it up on gas station site
The Mix @ Monterey — an exciting new mixed-use project coming to San Luis Obispo — is set to break ground this month. The four-story building will feature 4,000 square feet of ground-floor retail, 5,000 square feet of second-floor office space and five condos on the third and fourth floors. Architect and developer George Garcia Read More →
We were all victims of mortgage fraud
For most scam artists, fraud is a morally murky process that involves taking money from people who are often motivated by greed to push the limits of common sense. Victims of financial fraud are often involved in Ponzi schemes, where proceeds from new investors are used to pay off older investors until the entire edifice Read More →
Eucalyptus Systems raises $20 million
In one of the largest technology deals of recent years, Santa Barbara-based cloud computing software firm Eucalyptus Systems raised $20 million in venture capital on July 1 from a group led by Menlo Park-based New Enterprise Associates. With the deal, Eucalyptus has raised $25.5 million since launching last year. Earlier this year, the firm brought Read More →
CKE shareholders approve buyout
Carpinteria-based CKE Restaurants said June 30 that 76 percent of its shareholders approved a $649 million cash acquisition by an affiliate of New York-based private equity firm Apollo Management. Shareholder approval was one of the final steps CKE, the parent company of Carl’s Jr. and Hardee’s fast food restaurants, needed to secure the deal, which Read More →
