LTC Properties reports first quarter earnings
Westlake Village-based LTC Properties, a real estate investment trust that primarily invests in seniors housing and health care properties, announced operating results for the first quarter ended March 31. LTC generated revenues worth $49 million in the first quarter of 2025, down from $51.3 million in the first quarter of 2024, which the company attributed Read More →
Mission Wealth receives investment from PE firm
Mission Wealth, a Santa Barbara financial planner firm celebrating its 25th year in business, announced it received a minority investment from private equity firm Great Hill Partners. Terms of the transaction were not disclosed. Known for investing in high-growth companies, the partnership will help Mission Wealth’s client service offering and support the firm’s national expansion Read More →
Amy Weaver officially steps into CEO role at Direct Relief
Former Salesforce CFO Amy Weaver is officially launching the next stage of her career, taking over as CEO of Direct Relief. Though the Santa Barbara-based nonprofit announced Weaver’s hire a few months ago, she officially started in the role on May 5. Weaver joins Direct Relief from Salesforce, where she served since 2020 as President Read More →
FDA lifts clinical hold on Atara’s lead treatment
Thousand Oaks-based Atara Biotherapeutics received a bit of good news on May 5, after the U.S. Food and Drug Administration announced that it has lifted its hold on Atara’s active Investigational New Drug application for the Ebvallo program. Ebvallo, which is already approved in Europe and is used for transplant-related blood cancer, was placed on Read More →
Gallegly retains veteran trial attorney in suit against CLU
Former congressman Elton Gallegly has retained veteran trial attorney Matthew Umhofer as lead counsel in his breach of contract lawsuit against California Lutheran University in Thousand Oaks. Gallegly’s team made the announcement May 5, saying Umhofer’s appointment “signals a new and aggressive phase in the litigation.” A former federal prosecutor, Umhofer has tried federal and Read More →
100 wineries saunter into downtown SLO
By Uma Mazar Special to the Business Times More than 100 wineries, breweries, restaurants and shops will participate in this year’s Sip ’n’ Saunter, returning to downtown San Luis Obispo on May 4. The tasting event, now in its seventh year, invites attendees to explore the city’s small businesses while enjoying the Central Coast’s food and drink Read More →
Guest commentary: Proposed ‘skinny budget’ threatens to eliminate vital programs
By Patricia Keelan On April 1st, the new Trump administration abruptly closed five regional Head Start offices that provided support and guidance for Head Start programs in 23 states and territories, including Puerto Rico and the US Virgin Islands. But this was no April Fool’s joke. The sudden loss of the regional staff who had Read More →
