Apartments a bright spot in South Coast real estate market
The South Coast apartment market has seen more than $77 million in property sales this year, according to commercial real estate brokers at Radius Group’s Santa Barbara County Real Estate and Economic Outlook on Sept. 16. The largest sale was the $37.4 million purchase of the Fontainebleu apartments in Isla Vista. Chicago-based Blue Vista Capital Read More →
Power-One shows California lacks spark
It’s hard to find a better turnaround story than Power-One. The Camarillo-based company took a secondary product line from an Italian company it had purchased and bet the farm on a new line of business — producing devices called inverters that are crucial to regulating the power output of wind turbines and solar panel arrays. Read More →
All grown up: These SLO entrepreneurs have come a long way
San Luis Obispo’s startups are growing up fast. Thirteen years ago, two San Luis Obispo high school students started their own company because they couldn’t find part-time jobs to fit their busy student-athlete schedules. That business, Meathead Movers, has since grown into a flourishing moving and storage empire that helps some 180 college students put Read More →
Kavli sues former employee of real estate firm
International science icon and real estate mogul Fred Kavli is suing a much smaller competitor. In a lawsuit filed in Ventura County Superior Court in late August, Kavli alleges that a former employee of his Oxnard-based real estate firm Sunbelt Enterprises misappropriated trade secrets, breached fiduciary duties and is unfairly competing with him. Defendant David Read More →
A greener cleaner: eLabor.com founder now heads Camarillo startup
Michael Edell has gone from software to soap. He is hoping the touch that helped him expand and sell his firms to the likes of Microsoft and ADP will make GrabGreen, a Camarillo-based line of eco-friendly cleaning products, into a household name. Founded by Patricia Spencer, a mother who was concerned about the chemicals in Read More →
Highway 101 widening approved
The Ventura County Board of Supervisors voted Sept. 21 to approve Caltrans’ widening of Highway 101 from a spot just south of Mussel Shoals to the Santa Barbara County line. Caltrans is also planning to widen the Santa Barbara County side of that stretch of Highway 101. The Ventura County project is scheduled to start Read More →
