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Mercado: Biotech Corridor helps industry, executives flourish
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Read More →Conejo Valley biotech leaders discuss keys to sustaining success
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Read More →Airborne Wireless insiders indicted for involvement in alleged ‘pump-and-dump’ scheme
Two men heavily involved with Simi Valley-based Airborne Wireless Network were indicted April 25 for allegedly conspiring to defraud investors in a multi-year scheme involving the acquisition and sale of the company. Kalistratos “Kelly” Kabilafkas, 48, of Moorpark, and Jack Edward Daniels, 74, of Agoura Hills, were both charged with one count of conspiracy and one Read More →
Read More →Yardi to become WeWork’s majority owner if $450M plan is approved
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Read More →American Riviera sees net income slip to start 2024
Santa Barbara-based American Riviera Bank saw net income take a slight dip in the first quarter of 2024. Announced April 24, ARB noted net income of $2.2 million for the quarter ended March 31, down from $3 million in the same quarter a year ago. According to a press release, the dip in net income Read More →
Read More →Feds reject long-proposed fracking near Fillmore
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Read More →Our view: Marine Sanctuary accord advances offshore wind
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Read More →Santa Barbara software firm hits it out of the park at Ventech PitchFest
Hundreds of members from the Santa Barbara community — from investors to business owners to curious parties — packed into the Cabrillo Pavilion on April 18 to see five executives duke it out in the first annual PitchFest. Hosted by Ventech, an emerging technology forum, the event featured three companies from the Central Coast, including Read More →
Read More →Real Estate View All →
CRE: Hotel occupancy up, calls for housing intensifies
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Read More →CRE: Oxnard shopping center snatched up by LA investment firm for $90M
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Read More →Ranch at Moorpark sells for $133.2M
The Ranch at Moorpark, a 376-unit multifamily community in Moorpark, has been sold for $133.2 million, according to an April 11 report. Decron Properties, one of the largest privately owned real estate firms in California, sold the property AEW Capital Management. According to a press release, Decron acquired the asset, located at 51 Majestic Court Read More →
Read More →CRE: Santa Barbara County DA’s office warns of vacant lot listing scams
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Read More →CRE: Santa Barbara hotel occupancy, revenue down in February
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Read More →CRE: Goleta breaks ground on new multi-year project
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Read More →Five-property apartment in Oxnard sold for $41M
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Read More →CRE: Office vacancies continue to trend upward in Ventura County
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Read More →Technology View All →
Mercado: Biotech Corridor helps industry, executives flourish
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Read More →Conejo Valley biotech leaders discuss keys to sustaining success
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Read More →Yardi to become WeWork’s majority owner if $450M plan is approved
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Read More →Beni CEO steps down due to personal health issues
Sarah Pinner, one of the co-founders of Santa Barbara-based Beni, stepped down from her post as CEO of the company on April 12, citing personal health issues as the reason. In a LinkedIn post, Pinner noted that she was “simply no longer mentally or physically healthy enough to continue in this role.” “I can live Read More →
Read More →FDA gives nod to Affinity Biosensors’ flagship product
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Read More →South Coast Business & Technology Awards announced 2024 honorees
When Andrew Firestone and Jess Parker founded Santa Barbara-based StonePark Capital together, the two were just happy to create something in the city they’ve known their whole lives. “For us, to be able to build our business in our backyards is very special,” Firestone told the Business Times. Now, almost a decade later, the two Read More →
Read More →Briq adds another $8 million in extension round
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Read More →A2 Bio’s new CEO aims to grow platform
James Robinson, the new CEO of Agoura Hills-based A2 Biotherapeutics, has several priorities he wants to tackle, not the least of which is to accelerate the company’s proprietary Tmod cell therapy platform. “First principle for us is to maximize the value of the platform that we’ve built,” Robinson, 54, told the Business Times on April Read More →
Read More →Health Care & Life Science View All →
Conejo Valley biotech leaders discuss keys to sustaining success
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Read More →Adventist Health Central Coast names new president
The Adventist Health Central Coast Service Area, which includes two recently purchased hospitals in San Luis Obispo County, has a new president. Ryan Ashlock currently serves as the president of Adventist Health Castle in Kailua, Hawai’i. Ashlock’s appointment to his new position was announced April 22. He starts June 9. Kerry Heinrich, president and CEO of nonprofit, Read More →
Read More →Adventist eyes healthy donations in SLO County
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Read More →Mental health experts, facilities grow to meet a demand for services
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Read More →CenCal Health report details progress on strategic plan
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Read More →Two SLO County hospitals join Adventist Health
Sierra Vista Regional Medical Center and Twin Cities Community Hospital in San Luis Obispo County formally joined Adventist Health effective March 29. The merging includes related physician practices and imaging centers. Sierra Vista in San Luis Obispo and Twin Cities in Templeton were purchased in February by Adventist from Dallas-based Tenet Healthcare for $550 million. “I am Read More →
Read More →Blois Construction co-founder, political activist Jean Blois dies at 96
Jean Williamson Blois, one of the leading women in business and politics on the South Coast, died March 22 at age 96. Blois was a co-founder of the political movement that led to the successful effort to incorporate the City of Goleta. She served on its first city council and was instrumental in guiding Goleta Read More →
Read More →GCHP invests $75M into Ventura County’s healthcare provider network
By Atmika Iyer Special to the Business Times Gold Coast Health Plan — a health insurance agency based in the city of Camarillo — announced a $75 million investment on March 6 into its provider network to recruit more providers and expand access to quality healthcare in Ventura County. Of the total investment, $50 million Read More →
Read More →Agribusiness View All →
Apeel CEO steps down, mission remains same
When James Rogers founded Goleta-based Apeel Sciences in 2012, he believed the hardest part of steering the company would be finding new ways to coat each fruit to help the quality last longer and help eliminate food waste. Turns out, the hardest part was finding a way to align the mission of the business while Read More →
Read More →Apeel appoints new CEO
Goleta-based Apeel Sciences announced that James Rogers will be stepping from his title as CEO and that the company has appointed Luiz Beling to take over the position. Announced Feb. 26, Apeel said in a press release that Beling will transition into the CEO role over the next months, working with Rogers. Rogers, founder of Read More →
Read More →Storms slam Central Coast to the tune of $50M
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Read More →Uncertain times: Calavo delays Q4 results, explores sale of fresh cut business
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Read More →Santa Barbara Winery looks to the community for investment
Correction: This story has been updated to more accurately reflect the value of the bond and explain how much investors could receive by the end of the term. A project nearly three years in the making is hoping to be completed by the middle of spring — and it will be done using funds from Read More →
Read More →Limoneira pleased by FY2023 despite revenue dip
Despite a 2.5% dip in fiscal year 2023 revenues compared to fiscal year 2022, the CEO of Santa Paula-based Limoneira says he’s pleased with the agribusiness’s year-over-year performance. “We achieved our full-year avocado and revised lemon volume guidance despite harsh weather conditions and softer lemon pricing throughout most of the year,” Harold Edwards said during Read More →
Read More →Limoneria’s 2023 revenues dip, fourth quarter up
Santa Paula-based Limoneira’s fiscal year 2023 revenues dipped 2.6% from fiscal year 2022, $179.9 million compared to $184.6 million, the agribusiness reported Dec. 21. For the fourth quarter of fiscal year 2023, the company’s total net revenues were up 4.3% compared to fourth quarter 2022, $41.4 million to $39.7 million, the company said. Fiscal year Read More →
Read More →Limoneira CEO says company isn’t looking to move
Santa Paula-based Limoneira is unlikely to leave the area if it sells some or all of the company as part of its strategic review, CEO Harold Edwards told the Business Times. “I just don’t see it,” he said during a Dec. 11 interview. “This isn’t about us leaving. This is about us figuring out how Read More →
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