OCB Bancorp loan portfolio hits $200 million mark
Banking & Finance, Banking Industry, Latest newsOCB Bancorp — parent company of Ojai Community Bank, Santa Barbara Community Bank, Ventura Community Bank and Santa Paula Community Bank — has eclipsed a $200 million loan portfolio, the company recently announced. As its loan portfolio has grown at around 30 percent to 35 percent annually over the past several years, OCB Bancorp now has Read More →
Former Cottage Hospital supervisor charged with embezzling
Health Care & Life Science, Latest news, Law & GovermentA former Santa Barbara Cottage Hospital employee was charged with embezzling more than $200,000 from the hospital’s unincorporated Medical Staff Association, the Santa Barbara County District Attorney announced on Oct. 14. Cottage’s former Medical Staff Services Supervisor Pamela Cochran-Escalante is charged with one count of grand theft with the special allegation that she took more Read More →
Resonant hires new chief financial officer
Latest news, TechnologyResonant, a late stage Goleta development company designing small smartphone technology, said Oct. 12 it named Jeff Killian its new chief financial officer. Killian previously served as the CFO of Oregon-based Cascade Microtech from April 2010 until June 2016,, when Cascade Microtech was acquired. Killian will receive a salary of $275,000 and a signing bonus Read More →
Amgen sells Colorado facility to AstraZeneca for $64.5 million
Health Care & Life Science, Latest news, Real EstateThousand Oaks biotech giant Amgen continued its Colorado exit plans recently as it sold a Longmont, Colo., facility to London-based pharmaceutical and biotech company AstraZeneca for $64.5 million. Amgen built the 692,000-square-foot facility in the 1990s to make ingredients for its blockbuster anti-anemia drug Epogen. The site used large vats to produce lines of cell Read More →
Invoca’s new CEO former Salesforce.com executive
Latest news, TechnologyA Salesforce.com executive is the new CEO of Santa Barbara call intelligence company Invoca, the company announced Oct. 11. Greg Johnson took over at the beginning of October for former CEO Mark Woodward, who stepped aside after 15 months as Invoca CEO because of personal matters. Johnson, formerly a senior vice president of product management Read More →
Avis Rent a Car property in Funk Zone purchased for $2.5 million
Latest news, Real EstateThe Avis Rent A Car location in Santa Barbara’s Funk Zone was purchased in a sale-leaseback transaction for more than $2.5 million, Lee & Associates announced on Oct. 11. The transaction of the 1,350-square-foot property at 34 E. Montecito St. marked a record-setting price per square foot at $1,866, said Lee & Associates’ Rob Adams, Read More →
Lure Fish House property in Westlake Village sold
East Ventura County, Latest news, Real EstateStory updated Oct. 13 at 10 p.m.: The Lure Fish House property in Westlake Village was sold for $6 million to private investor Lucrit LLC, Westcord Commercial Group announced on Oct. 10. The 7,470-square-foot property sits on a 1.76-acre parcel at 30970 Russell Ranch Road. Tony Principe of Westcord and Kamal Banki represented the buyer Read More →
