A fuzzy investment: Santa Ynez Valley duo deals in llamas and alpacas
Small BusinessAt Alpacas at West Ranch, hundreds of long-necked, fuzzy creatures frolic about and doze under shady trees on a sweltering summer day in the Santa Ynez Valley. Alpacas are often described as just another agribusiness bubble, like emus, llamas, Shetland ponies and tulips before them. But at this Los Olivos ranch, the charm and the Read More →
Flying small: Private jet company grows even in recession
UncategorizedSanta Barbara may have lost its San Jose flight connection, but a start-up charter jet company is getting off the ground and looking to new heights. Santa Barbara-based Silver Air, founded by president and owner Jason Middleton in early 2008, focuses on transporting business and private travelers around in light, fuel-efficient jets. “Most charter companies Read More →
Sale of State St. building second-largest this year
UncategorizedSanta Barbara’s State Street saw its second largest retail sale this year as the former home of Left at Albuquerque was sold. Although the terms of the sale were not disclosed, the 5,753-square-foot building at 700 State St. was listed for $4.1 million. Broker Michael Chenoweth of Radius Group represented the owner and Mike Heisheima Read More →
Editorial: Time to heal after trauma center debate
OpinionAfter a sometimes contentious fight, Ventura County has the framework for a trauma care system in place. In recent weeks, the county Board of Supervisors approved Level II trauma centers for Ventura County Medical Center in Ventura and Los Robles Medical Center in Thousand Oaks. That gives both the east and west counties a designated Read More →
Navy sails to the rescue of Oxnard hotels
UncategorizedLast year was a dismal year for the region’s hospitality industry, but in Oxnard two Marriott hotels basked in the rays cast out by the nearby naval base. Even as the region’s tourism industry continued its slump in 2009, with occupancy rates and nightly revenues on the decline, the Residence Inn by Marriott at River Read More →
Mall on the market: Simi Town Center owner looks to reduce its debt
UncategorizedWith the Simi Valley Town Center on the market, investors have the chance to buy one of the region’s largest and newest shopping malls at a discount from its $166 million construction cost. A real estate marketing firm announced in late June that the center was up for sale, just five years after it was Read More →
