Hertel tells tale of ruin
UncategorizedDeveloper Ronald W. Hertel said he likely made payments for his planes, a 130-foot yacht, a horse ranch and more than a dozen mortgages from the accounts of Ventura-based R.W. Hertel & Sons. In January, a group of creditors forced R.W. Hertel & Sons into an involuntary Chapter 7 bankruptcy. Just what R.W. Hertel & Read More →
SLO Airport gets FAA nod
UncategorizedSan Luis Obispo County Regional Airport was honored at the Federal Aviation Administration Contract Tower Program Workshop, held July 27-29 in Washington, D.C., with more than 100 delegates representing contract tower airports, ATC contractors and government officials in attendance. The 2009 Willie F. Card award, given in memory of former FAA Contract Tower Office Manager Read More →
Special Devices emerges from bankruptcy
UncategorizedSpecial Devices, one of Moorpark’s larger employers, has emerged from bankruptcy less than eight months after filing for Chapter 11 reorganization protection, said the Ventura County Star. During the restructuring, Special Devices closed its local auto operations, which employed about 120 employees. The company consolidated the division with the company’s Arizona location, The Star reported. Read More →
Santa Barbara weighs the meaning of high-rise
ColumnsIt’s the 40th anniversary of Woodstock, and all across the city of Santa Barbara, aging baby boomers are debating a serious question: How high can we get in this city? We’re not talking about the strength of the marijuana at the local dispensary or the true meaning of Sly and the Family Stone lyrics. We’re Read More →
Ventura County vacancies low in first half, despite recession
ColumnsThe struggling rental market is sometimes forgotten in all the housing market hoopla, but that’s exactly what NAI Capital’s mid-year report explores. The Los Angeles-based firm said downward pressure in the single-family residence market has created a small boom in the rental market, effectively stalling the rise in vacancies. “Although we have seen little Read More →
UCSB
UncategorizedThe next few months could make or break UC Santa Barbara’s new Economic Forecast Project. Currently operating with a skeleton crew, UCSB officials had hoped to hire a new executive director by early September. But now it looks like a rocky startup process might be in store for the project. When economic forecasting guru Bill Read More →
