CRE: South Coast Santa Barbara sales continue struggling
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Real estate investor set to buy The Oaks for $157M
Stockdale Capital Partners is in contract with Macerich to buy The Oaks shopping mall in Thousand Oaks for $157 million, according to The Real Deal. Macerich CEO Jack Hsieh told shareholders this month that his company is set to sell The Oaks before the end of the year, but declined to identify the buyer. Citing anonymous sources, Read More →
Portfolio watch
The early call on the Nov. 5 election was one of the biggest surprises, wrote Brian Garrett on the Cross Asset Sales desk in Global Banking & Markets at Goldman Sachs. He said U.S. stock surged “because many clients had reduced the amount of risk in their portfolio,” and have now “re-engaged” positions that were successful after 2016 – Read More →
The Trade Desk shares gain back 12% loss in week after earnings
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Abel Maldonado on Trump short list for Secretary of Ag
Donald Trump’s return to the White House could also mark the return to the political stage for one of Santa Barbara County’s best-known elected officials. Former Lt. Gov. Abel Maldonado, now a winery owner from Santa Maria, has been shortlisted for the Secretary of Agriculture post, according to reporting from the online publication ProAg and Read More →
Wells Fargo announces grant for Mountain Fire recovery
Fundraising for victims of the Mountain Fire got a significant boost on Nov. 13 when Wells Fargo announced a $100,000 grant to support Ventura County Community Foundation and recovery efforts. According to VCCF CEO Vanessa Bechtel, the foundation had already provided over $100,000 in support and provided an additional $50,000 to the Red Cross to Read More →
Appeals court declines to halt logging project in Los Padres National Forest
The Ninth Circuit Court of Appeals on Nov. 12 declined to halt a logging and vegetation clearing project atop Pine Mountain and Reyes Peak in Ventura County’s Los Padres National Forest. Various environmental groups, plus Ventura County, Ojai and Patagonia Works, have sued the U.S. Forest Service to halt the project on grounds that it would violate environmental Read More →
