Staff Report | Pacific Coast Business Times

Staff Report | Tuesday, December 23rd, 2014

Caffeinated growth: French Press to open in Goleta

Latest news, Real Estate, Restaurants, Small Business, South Coast, Top Stories

French Press owners Julia and Todd Mayer opened their first location in downtown Santa Barbara in 2009.

Staff Report | Friday, December 19th, 2014

Albertsons & Safeway to sell 168 stores before merger is approved

Banking & Finance, Latest news, Real Estate, Restaurants, Top Stories, Tri-County Economy

The divestiture of the stores is part of another deal to secure FTC clearance for Albertons to acquire Safeway in a $9.2 billion deal. That transaction, which the companies are calling a merger, was announced in March and is expected to close in January.

Staff Report | Friday, December 19th, 2014

LTC Properties raises $24.5M through sale of shares

Banking & Finance, Latest news, Real Estate, Top Stories, Tri-County Public Companies, West Ventura County

According to company filings, LTC will use the proceeds of the sale to pay down outstanding debt on its unsecured credit line, fund acquisitions and current development pipeline and for general corporate purposes.

Staff Report | Thursday, December 18th, 2014

Reporting oversight costs SCE $170,000 in penalties

East Ventura County, Latest news, Law & Goverment, Top Stories, West Ventura County

SCE started notifying authorities of the undisclosed facilities after discovering it had not submitted reports for many of its Ventura County facilities through a self-audit.

Staff Report | Thursday, December 18th, 2014

Simi chamber CEO set to retire

Kimpton sold to UK hotel group in $430M deal, Miramar delayed

Latest news, Real Estate, South Coast, Top Stories, Tourism

The deal is touted as a move to accelerate growth of the new company’s brands in the U.S., particularly in Europe and Asia, where demand for boutique brands is on the rise.

Staff Report | Monday, December 15th, 2014

Former Raytheon property in Goleta sells for $2.8M

Latest news, Real Estate, South Coast, Top Stories

Once home to aerospace and defense firm Raytheon, the industrial building at 5756 Thornwood Drive in Goleta has new owners, and improvements are on the way.