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By Elijah Brumback / Friday, September 26th, 2014 / Central Coast, Real Estate, Tri-County Economy / Comments Off on PB Cos. sets sights on building out SLO’s Marsh Street corridor
PB Companies is not slowing down in its quest to bring new residential and commercial development to San Luis Obispo.
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By Henry Dubroff / Wednesday, September 24th, 2014 / South Coast, Tourism, Women Inc. / Comments Off on McIver departs El Encanto, heads for Tuscon
Laura McIver made her mark in the South Coast hotel industry when she took over and turned around downtown Santa Barbara’s Canary Hotel, setting the stage for the property’s sale to boutique chain Kimpton Hotels & Restaurants. In 2012, McIver was named general manager for Santa Barbara’s iconic El Encanto Hotel. She took the helm Read More →
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By Marissa Wenzke / Tuesday, September 23rd, 2014 / South Coast, Top Stories, Tourism, Tri-County Economy / Comments Off on Frontier Airlines to drop Santa Barbara service
Frontier Airlines will suspend all flights from the Santa Barbara Airport starting in January, the company has confirmed to the Business Times. The budget airline will continue to offer about four flights a week to Denver, its home airport, until Jan. 6, 2015, when these flights will be halted completely until late May 2015. Read More →
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By Staff Report / Tuesday, September 23rd, 2014 / Banking & Finance, Banking Industry, East Ventura County, Tri-County Economy / Comments Off on Teledyne to raise $125M in debt sale
Thousand Oaks-based industrial conglomerate Teledyne Technologies hopes to raise up to $125 million in operating capital by selling debt. The company said that on Dec. 4 it will issue $30 million of senior unsecured notes at 2.6 percent due Dec. 4, 2019 and $95 million of 3.1 percent senior unsecured notes due on Dec. 6, Read More →
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By Staff Report / Monday, September 22nd, 2014 / Real Estate, South Coast, Top Stories, Tri-County Economy / Comments Off on Schaff buys Goleta offices from Towbes for $26.4M
South Coast real estate investor Victor Schaff has purchased a 120,000-square-foot-property in Goleta for $26.4 million. The property, which includes two 60,000-square-foot office buildings on a 10-acre parcel at 75 Coromar Drive in the Raytheon Business Park, was sold by Santa Barbara-based Towbes Capital Partners, the private-equity real estate affiliate of The Towbes Group. Read More →
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By Stephen Nellis / Friday, September 19th, 2014 / South Coast, Technology, Top Stories / Comments Off on Sientra to go public, raise up to $86.2M
Santa Barbara-based breast implant maker Sientra filed papers Sept. 19 to raise up to $86.2 million in an initial public stock offering.