Montecito Medical Acquisition Co., a Santa Barbara-based real estate investment firm, has made one of its largest purchases to date, paying $54.6 million for the UCLA Outpatient Surgery and Oncology Center in Santa Monica. The firm now has about $170 million in assets, even after divesting some of the properties it purchased with its first fund between 2006 and 2008.Read More →
In the past couple of weeks, Alex Minicucci has successfully merged his fast-growing mobile marketing company with a publicly traded firm out of Iowa. Meanwhile, an entrepreneurial emergency room doctor from Nipomo came up a with a brilliantly simple solution for holding an iPad one handed that swept the most comprehensive tech pitch night on the Central Coast to date.Read More →
“We were drawn [to the property] by the proximity to the Amtrak station and lower State Street, but really the hostel is in its own class for budget-savvy kinds of travelers and international students,” said Jared Filippone, a vice president with Capitoline Properties, which recently purchased the hostel.Read More →
Regulators will have one less bank to regulate and the combined bank will get benefits from economies of scale.Read More →
The TTB designates viticultural areas to help vintners better describe the origin of their wines and to inform consumers about wines they might purchase.Read More →
Farmers are a skeptical lot. And Ventura County farmers have good reasons to be skeptical. They, and their counterparts in the Tri-Counties, grow high-risk, high-yield crops on relatively small plots of land surrounded by housing developments and urban areas. They are subject to heavy regulations on fertilizer, pesticide and water use. Particularly on strawberry fields Read More →Read More →
Developer Westar Associates has broken ground on Hollister Village, a mixed-use project in Goleta that will include 266 apartments and a shopping center.
After years in the planning process that included fierce opposition from some neighborhood activists, Costa Mesa-based Westar secured approvals for the project at Hollister Avenue and Glen Annie Road in October 2012.Read More →