Velocity acquires Toorak’s operating platform
Banking & Finance, East Ventura County, Latest news, Subscriber content, Tri-County Public CompaniesWestlake Village-based Velocity Financial announced that it has agreed to acquire the operating platform of Toorak Capital, a business-purpose lending and asset management platform which is majority owned by funds advised by affiliates of KKR, a leading global investment firm. Toorak has also entered into separate agreements with a third-party investment firm for the purchase Read More →
Updated: AeroVironment commits $100M to new Moorpark campus
East Ventura County, Latest news, Subscriber content, Technology, Top Stories, Top Story, Tri-County Public CompaniesThis article is only available to Business Times subscribers Subscribers: LOG IN 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.
Goleta retail center sells for $11.3M
Latest news, left, Real Estate, Santa Barbara County, Subscriber contentKellogg Square, a retail center located at 5555-5585 Hollister Avenue in Goleta, fetched $11.3 million in a sale brokered by Colliers, the national commercial real estate firm announced Aug. 24. The Colliers advisory team, made up of Vice President Miles Waters, Executive Vice President Austin Herlihy, Vice President Chris Parker, and Associate Mike Chung, represented Read More →
Santa Barbara-based Quintessent raises $40M in Series A
Latest news, middle, Santa Barbara County, Subscriber content, Technology, Top Stories, Top StorySanta Barbara-based Quintessent, a semiconductor company that specializes in resilient and low-cost AI datacenter optical interconnect products, announced it has raised $40 million in an oversubscribed Series A investment round. Announced Aug. 24, Quintessent also announced the start of a customer sampling of its single-chip quantum dot-based DWDM comb laser — a new class of light Read More →
Unemployment continues rising on the Central Coast
Central Coast, Columns, Economy, Latest news, Tri-County EconomyThe Central Coast jobless rate is on the rise for the second consecutive month, jumping to 4.56% in July from 4.3% in June, according to the California Employment Development Department’s latest numbers released Aug. 21. All three counties saw their unemployment rate increase in July. Ventura County’s rate was 4.7%, up from 4.5% in June. Read More →
Diablo Canyon receives $271M from DOE to support extending operations
Central Coast, Energy, Latest news, left, Subscriber content, Tri-County EconomyThis article is only available to Business Times subscribers Subscribers: LOG IN 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.
Limoneira’s Windfall Farms nets $15M in all-cash sale
Agribusiness, Central Coast, Latest news, Subscriber content, Top Stories, Top Story, Tri-County EconomySanta Paula-based Limoneira announced the successful sale of its 724-acre vineyard property in Paso Robles, Windfall Farms, for $15 million in an all-cash deal with a private buyer. Announced Aug. 17, the sale follows a competitive public auction conducted by Concierge Auctions in cooperation with Sotheby’s International Realty, which started on Aug. 15. The transaction Read More →
