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By Staff Report / Thursday, August 30th, 2012 / Latest news, Real Estate / Comments Off on Thousand Oaks apartments sell for $51.4M
A 191-unit apartment complex in Thousand Oaks has been sold to a Los Angeles investment firm for $51.4 million, an almost 20 percent premium over the property’s last sale price in 2007. IMT Capital purchased the Archstone Thousand Oaks Crest complex at 491 W. Gainsborough Road. The property drew more than 90 interested buyers and Read More →
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By Staff Report / Wednesday, August 29th, 2012 / Latest news / Comments Off on Ventura city manager to step down
Longtime Ventura City Manager Rick Cole is stepping down, effective Sept. 15. The news came Aug. 29 in separate statements from the City Council and Cole. “During City Manager Rick Cole’s annual evaluation, it became clear that a majority of the City Council believes that it is time for a change in leadership,” the council Read More →
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By Stephen Nellis / Tuesday, August 28th, 2012 / Latest news, Technology / Comments Off on RightScale named pioneer by Davos group
Santa Barbara-based RightScale has joined the ranks of Google, Twitter and PayPal as the winner of an award from the World Economic Forum, the group that holds its famous meetings in Davos each year. The forum named RightScale a 2013 Technology Pioneer. The award goes to startups with “the potential to transform business and society,” Read More →
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By Staff Report / Monday, August 27th, 2012 / Banking & Finance, Latest news, Technology / Comments Off on UCSB spinout sold to medical supply giant
Sirigen, a UC Santa Barbara biomedical technology spinout, has been acquired by New Jersey-based Becton Dickinson and Co. The company was founded in 2003 by two students and a professor to enter UCSB’s New Venture Competition. Sirigen won the competition in May 2003. The company’s technology tapped recently discovered conductive polymers to improve what are Read More →
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By Staff Report / Friday, August 24th, 2012 / Banking & Finance, Law & Goverment, Top Stories / Comments Off on Stratus hits brakes on car shows amid shakeup
By Julian Moore on August 24, 2012 A Santa Barbara company that produces lavish luxury and collectible car shows has suspended its event schedule amid a financial shortfall and turmoil in its executive suite. Stratus Media Group, the luxury car show and fight promoter that owns the event, has sacked its CEO and given him Read More →
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By Stephen Nellis / Friday, August 24th, 2012 / Real Estate, Technology, Top Stories / Comments Off on VW unveils $27M Oxnard testing center
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By Stephen Nellis / Friday, August 24th, 2012 / Features, Real Estate, Technology / Comments Off on The networkers: OSI founders ditched big-company life for own startup
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