VC Housing Trust announces $12M for affordable housing

Housing Trust Fund Ventura County on May 2 announced $12 million in loan commitments for 492 affordable housing units in Oxnard, Santa Paula and Ventura. The nonprofit said $7 million of the commitments will be matched by Prop 1 funding. The Valentine Road Apartments in Ventura, a Homekey development by the Housing Authority of Ventura, Read More →
Port of Hueneme to create green auto shipping corridors with Asian ports

The Port of Hueneme has become the first U.S. port authority to sign agreements to create green automotive shipping corridors with ports and terminals in Japan and South Korea, it was announced May 2. “The partnerships we have with Japan and South Korea will help mutually grow commercial relationships with existing port clients and allow Read More →
Homebuilder Lennar buys 554 residential homesites at Harvest at Limoneira

Homebuilder Lennar has bought 554 residential homesites at the Harvest at Limoneira master-planned community in Santa Paula, lemon grower Limoneira announced May 2. The transaction completes the sell-out of Phase 2 of the 1,500-unit development. “This is a big deal,” Limoneira CEO and President Harold Edwards told the Business Times. Limoneira did not disclose the value of the Read More →

Mercado: Biotech Corridor helps industry, executives flourish

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Airborne Wireless insiders indicted for involvement in alleged ‘pump-and-dump’ scheme

Two men heavily involved with Simi Valley-based Airborne Wireless Network were indicted April 25 for allegedly conspiring to defraud investors in a multi-year scheme involving the acquisition and sale of the company. Kalistratos “Kelly” Kabilafkas, 48, of Moorpark, and Jack Edward Daniels, 74, of Agoura Hills, were both charged with one count of conspiracy and one Read More →

CRE: Ventura County industrial rates remain steady as vacancies increase
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