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Third Window Brewing taking shape at new SB development

By   /  Friday, May 29th, 2015  /  Columns, Latest news, Real Estate, Small Business, South Coast, Top Stories  /  Comments Off on Third Window Brewing taking shape at new SB development

Kris Parker, grandson of the late Fess Parker, is working to open Santa Barbara’s newest brewery operation. With the help of a few friends, family members and business partners, Parker is bringing Third Window Brewing to the new commercial development known as The Mill at the corner of Laguna and Haley streets. He’ll be joined Read More →

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Tri-Counties fertile ground for shopping center deals

By   /  Friday, May 22nd, 2015  /  Real Estate  /  Comments Off on Tri-Counties fertile ground for shopping center deals

Shopping centers continue to be a hot commodity on the South Coast as retail developments renovate and reposition with new tenants. Following the trend, Santa Barbara-based real estate firm Investec recently purchased the Village at Newbury Park, a power center  at 1015-1025 Broadbeck Drive in Thousand Oaks. The deal adds to Investec’s growing portfolio of Read More →

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Latest

AppFolio files for $100M IPO

By   /  Tuesday, May 19th, 2015  /  Banking & Finance, Latest news, Real Estate, South Coast, Technology, Top Stories, Tri-County Public Companies  /  Comments Off on AppFolio files for $100M IPO

  Goleta-based AppFolio filed with U.S. regulators May 18 for an initial public offering. The developer of cloud-based property management software listed $100 million as the initial fundraising target, however the size the IPO could change. The company did not stipulate how many shares it plans to sell. The move comes on the heels of Read More →

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Bureaucrats move in to locale where winery irked neighbors

By   /  Friday, May 15th, 2015  /  Columns, Latest news, Real Estate  /  Comments Off on Bureaucrats move in to locale where winery irked neighbors

The Department of General Services, business manager for the state on the Central Coast, will consolidate a handful of offices into a renovated warehouse just outside of downtown San Luis Obispo. DGS recently signed a $15.4 million, 15-year lease for the former home of The Workshop Urban Wine Collective, a custom crush winery operation at Read More →

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Global advisory firm invests with SB mixed-use project

By   /  Friday, May 8th, 2015  /  Columns, Real Estate  /  Comments Off on Global advisory firm invests with SB mixed-use project

SG, a Santa Barbara-based wealth adviser that lays claim to the largest insurance policy ever sold — $201 million to the unnamed CEO of a Silicon Valley public company — is investing its own capital at its current address. The company, working through agent John Donaldson, wants to demolish its current office building at 800 Read More →

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ERG Resources files bankruptcy, business for sale

By   /  Thursday, May 7th, 2015  /  Banking & Finance, Latest news, Real Estate, South Coast, Top Stories  /  Comments Off on ERG Resources files bankruptcy, business for sale

ERG Resources, a Houston-based independent oil and gas with major operation in northern Santa Barbara County recently filed for Chapter 11 bankruptcy in Dallas. The company plans to sell the business. A Business Times previous report found that the company owed nearly $400 million on a loan with CLMG Corp., an agent holding lien on Read More →

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Latest

The knives come out at the Santa Barbara Public Market

By   /  Friday, May 1st, 2015  /  Columns, Latest news, Real Estate  /  Comments Off on The knives come out at the Santa Barbara Public Market

In an update to the Business Times’ April 3 story on the trials and tribulations of the Santa Barbara Public Market, some tenant angst is starting to spill over. While a few tenants, including Rori’s Artisanal Ice Cream and Empty Bowl, are exceeding revenue expectations, at least one merchant feels misled by claims project developer Read More →

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