Real Estate: Santa Barbara building is city’s biggest apartment sale of 2020
Beachside Partners announced the sale of the 25-unit San Pascual Apartments in Santa Barbara at the beginning of December. The apartments were off-market and sold for $9.45 million in cash, making the property the city’s largest multifamily property sale this year.
Good Works: Sherwood Cares gives grants, Viasat funds Cal Poly lab
When Sherwood Cares Foundation, the charity arm of Sherwood Country Club, handed out a new round of community grants on Nov. 15, a portion of the funds came via an unexpected PGA Tour event that landed at the Jack Nicklaus-designed golf course in October.
AeroVironment expands into ground robotics with German acquisition
AeroVironment, an aerial drone company based in Simi Valley, reached an agreement Dec. 8 to acquire Telerob, a German robotics company, in a deal worth approximately $45.4 million in cash.
Pandemic shutdowns put crimp in Figueroa Mountain’s bankruptcy plan
In the two months since it filed for bankruptcy, Figueroa Mountain Brewing Co., the region’s second largest craft brewer, has been both battling and working with its largest creditor, the Boston private equity firm White Winston.
Region’s PPP loans totaled $2.87B
Businesses in the tri-county region received more than $2.87 billion in potentially forgivable loans through the federal Paycheck Protection Program, according to an early December release of data from the U.S. Small Business Administration.
Central Coast counties ask to go their own way on pandemic rules
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Dubroff: Private, public sectors step up for small business in time of crisis
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
