$8M Carpinteria office building changes hands
Real Estate, South Coast, Top StoriesOne of Carpinteria’s more notable office buildings is back in the hands of its previous owner. The 52,000-square-foot Class A property at 5464 Carpinteria Ave. was recently bought back from the entity that the previous investor sold it to. Transaction terms weren’t disclosed, but the brokerage firm behind the deal said the property was Read More →
Business Times wins reporting award for public pension story
East Ventura County, Tri-County Economy, West Ventura CountyThe Pacific Coast Business Times has won a first-place news reporting award in the Southern California Journalism Awards contest for a story about retired Ventura County Sheriff Bob Brooks suing the county for a supplemental pension benefit. The contest is hosted by the Los Angeles Press Club and includes publications of all sizes throughout Southern Read More →
Santa Barbara city manager to step down after 13 years
South Coast, Top Stories, Tri-County EconomySanta Barbara City Administrator Jim Armstrong will step down at the end of September after 13 years in the position, the city said on Friday. Armstrong was appointed as Santa Barbara’s chief executive in September 2001, a role in which he and oversaw 10 departments and managed the city’s $275 million operating budget. The city Read More →
Ventura County to get $1.5M through federal program
Agribusiness, East Ventura County, Tri-County EconomyVentura County will receive $1.47 million from the U.S. Department of Interior’s Payments in Lieu of Taxes. The PILT program gives funds to local governments to offset losses in property taxes due to non-taxable federal lands within their boundaries. Last year, Ventura County received $1.3 million in PILT funds, according to Congresswoman Julia Brownley, D-Westlake Read More →
Community West names chief credit officer
Banking & Finance, Banking IndustryGoleta-based Community West Bancshares, the holding company for Community West Bank, has hired Kristine Price as its new chief credit officer and vice president, effective July 31. Price was previously the chief credit officer and senior credit administrator for the Los Angeles market at Torrey Pines Bank, the California division of Western Alliance Bank. She Read More →
Albertsons fined $3.3M in hazardous waste case
East Ventura County, Latest news, Law & Goverment, West Ventura CountyVentura County officials are set to receive $395,089 as part of a $3.3 million settlement with Albertsons in a case that alleged the grocery chain mishandled hazardous waste.
