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Select Staffing going-public deal shelved

By   /  Monday, February 22nd, 2010  /  Top Stories  /  Comments Off on Select Staffing going-public deal shelved

With its public option off the table, Santa Barbara-based Select Staffing is returning its focus to family ownership and a fundamentals-first approach to growth. Select, a temporary staffing firm, is the largest private company in the Tri-Counties, with revenue last year of $1.5 billion. Saddled with $535.5 million in debt and facing pressure from lenders Read More →

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A flurry of transactions

By   /  Monday, February 22nd, 2010  /  Top Stories  /  Comments Off on A flurry of transactions

It’s still not clear whether the real estate market will thaw in 2010, but the South Coast scene is certainly heating up. After months of sluggish sales volume and anemic pricing, credit lines seem to be loosening up and organizations big and small are looking for their own slice of the South Coast. Among them Read More →

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Yardi Systems buys resident screening service software firm

By   /  Monday, February 22nd, 2010  /  Columns  /  Comments Off on Yardi Systems buys resident screening service software firm

Santa Barbara-based real estate software developer Yardi Systems just purchased RentGrow, a Massachusetts-based company that offers Web-based resident screening for multifamily property managers. Yardi said it acquired the company so it could offer the screening service as part of its Yardi Multifamily Suite, a program that includes payment processing and utility billing. “Yardi acquired RentGrow Read More →

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Sorting out the recovery: which city is first?

By   /  Monday, February 22nd, 2010  /  Columns  /  Comments Off on Sorting out the recovery: which city is first?

Here’s the million-dollar question every business owner in the Tri-Counties should be asking: Which communities are in the best position to capitalize on a recovery? Businesses in relatively healthy cities will have brighter growth prospects, while those in communities that are behind the curve will struggle much longer. Guessing right about the pace of recovery Read More →

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Incubators, hiring hint at tech sector growth

By   /  Monday, February 22nd, 2010  /  Uncategorized  /  Comments Off on Incubators, hiring hint at tech sector growth

Even in an economy struggling back to its feet, a good engineer is hard to find. From startups to industry veterans, tri-county technology companies are still hiring and snapping up space in the commercial real estate markets. While it’s still a buyer’s market for employers looking to hire in other sectors, tech companies say finding Read More →

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Pipeline nears completion

By   /  Monday, February 22nd, 2010  /  Uncategorized  /  Comments Off on Pipeline nears completion

San Luis Obispo County is putting the finishing touches on the single largest project the county has ever undertaken — the $176 million Nacimiento Water Project. Forty-five miles of pipeline have been put in the ground as part of the project, which aims to make water more available in the county by the end of Read More →

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Limoneira: from Santa Paula to Nasdaq

By   /  Monday, February 22nd, 2010  /  Personal Finance  /  Comments Off on Limoneira: from Santa Paula to Nasdaq

After 117 years of essentially operating as a family-run company, Santa Paula-based Limoneira Co. filed papers Feb. 12 to become publicly traded on the Nasdaq Stock Market. Limoneira said it’s likely the largest lemon and avocado grower in the United States. It has begun moving into real estate development with projects such as East Area Read More →