February 27, 2024
You are here:  Home  >  Latest news  >  Current Article

Melchiori leaves investors in litigation


Norm Borgatello was blindsided. Borgatello and his real estate investment company, Valley Improvement Co., have a majority stake in La Cumbre Office Partners LLC, which manages a medical office building at 200 N. La Cumbre Road in Santa Barbara. Borgatello and La Cumbre’s members expected 4 to 5 percent annual returns but instead could be…


    This article is only available to Business Times subscribers
  • Subscribers: or REGISTER for complete digital access.
  • Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists.
  • Check the STATUS of your Subscription Account.