Staff Report | Friday, July 18th, 2014
Agribusiness,
Banking & Finance,
Banking Industry,
Latest news,
Top Stories Santa Paula-based Santa Clara Valley Bank is being acquired by Sierra Bancorp for $15.3 million in an all-cash deal announced July 17. The Ventura County bank operates branches in Fillmore, Santa Paula and Valencia. With assets of about $127 million, the bank is the second-smallest bank headquartered in the Tri-Counties.
Staff Report | Tuesday, July 15th, 2014
Nonprofits,
South Coast,
Top Stories,
Tri-County Economy A two-hour debate over the future of the Mission & State investigative reporting project in Santa Barbara ended with no resolution but one funder calling for a time-out to reassess the awarding of a management contract to a for-profit news organization. The meeting was held at the offices of the Santa Barbara Foundation, which awarded Read More →
Staff Report | Wednesday, July 9th, 2014
Real Estate,
Top Stories,
Tri-County Economy,
West Ventura County Sandpiper Capital Partners has purchased the 37-room Leewood Hotel in downtown Ventura from its longtime owner and plans to convert it to an apartment complex. The firm purchased the property for just under $2.7 million, Justin Egerer, founder and managing member of Sandpiper Capital Partners, said in an email to the Business Times. The property is Read More →
Staff Report | Monday, July 7th, 2014
Law & Goverment,
South Coast,
Top Stories,
Tri-County Economy In the wake of the May 23 mass murder in Isla Vista, a coalition of public officials has formed to support a set of state and federal gun-control proposals designed to fill “gaps” in the way firearms laws and the mental health system mesh.
Staff Report | Monday, July 7th, 2014
Latest news,
Real Estate,
South Coast Santa Barbara-based Peritus Asset Management recently signed a long-term lease for the entire fourth floor of the Granada Tower, making the building fully leased.
Staff Report | Monday, July 7th, 2014
Technology,
Tri-County Economy,
Tri-County Public Companies,
West Ventura County Ventura-based Clean Diesel Technologies has promoted Christopher Harris to president and CEO, filling a vacancy created by former chief executive Craig Breese’s sudden departure in late 2013. Harris joined Clean Diesel as chief operations officer in late 2010, with the merger of Clean Diesel and Catalytic Solutions. He has served as the company’s chief operating Read More →