March 9, 2024
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Latest

Buildings in Calabasas, Camarillo sell in busy week for commercial real estate

By   /  Thursday, April 1st, 2021  /  East Ventura County, Latest news, Real Estate, right, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Buildings in Calabasas, Camarillo sell in busy week for commercial real estate

Back-to-back multi-million commercial real estate sales on the Highway 101 corridor are showing that the market is moving again. The Park Calabasas, an office campus that has been home to Lockheed Martin and Countrywide Financial, sold for $79 million on April 1, and an industrial building in Camarillo sold for $6.5 million the day before. Read More →

Latest

Amgen announces $721M acquisition

By   /  Tuesday, March 30th, 2021  /  Banking & Finance, East Ventura County, Health Care & Life Science, Latest news, left, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Amgen announces $721M acquisition

Amgen reported its second major acquisition of the month, as the Thousand Oaks-based firm announced March 30 that it will acquire Rodeo Therapeutics Corporation, a privately held biotech company based in Seattle. The deal is worth more than $700 million, $55 million of which will be paid upfront, with up to $666 million more in Read More →

Latest

House bill gives growers new hope for immigration reform

By   /  Friday, March 26th, 2021  /  Agribusiness, Central Coast, East Ventura County, Latest news, Law & Goverment, South Coast, Subscriber content, Top Stories, Top Story, Tri-County Economy, West Ventura County  /  Comments Off on House bill gives growers new hope for immigration reform

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International tourists could return to region in fall

By   /  Friday, March 26th, 2021  /  Central Coast, East Ventura County, Latest news, right, South Coast, Subscriber content, Top Stories, Tourism, Tri-County Economy, West Ventura County  /  Comments Off on International tourists could return to region in fall

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Latest

Region’s unemployment down to 6.8% in February

By   /  Friday, March 26th, 2021  /  Central Coast, East Ventura County, Latest news, left, South Coast, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Region’s unemployment down to 6.8% in February

The tri-county region’s unemployment rate dropped more than a half a percentage point between January and February as the region began to emerge from the deadly winter surge of COVID-19 cases. The region’s combined unemployment rate was 6.8% in February, according to Business Times analysis of data released March 26 by the California Employment Development Read More →

Latest

Velocity Financial recovers from pandemic with strong fourth quarter

By   /  Tuesday, March 16th, 2021  /  Banking & Finance, Earnings, East Ventura County, Latest news, Real Estate, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Velocity Financial recovers from pandemic with strong fourth quarter

Velocity Financial saw its net income increase slightly from 2019 to 2020, even though the company’s loan production operations were suspended for more than half the year. The Westlake Village-based real estate finance company saw its net income go up 3%, from $17.3 million in 2019 to $17.8 million in 2020, according to earnings released Read More →

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Lawmakers lay out agendas for Santa Barbara chamber

By   /  Monday, March 15th, 2021  /  Central Coast, East Ventura County, Health Care & Life Science, Latest news, Law & Goverment, South Coast, Tri-County Economy, West Ventura County  /  Comments Off on Lawmakers lay out agendas for Santa Barbara chamber

Everyone is rolling up their sleeves right now, but getting shots in arms isn’t the only challenge Central Coast leaders are facing. Several area political leaders came together on March 12 to talk COVID-19, housing, clean energy, wildfire resilience and other hot-button topics in the Santa Barbara South Coast Chamber of Commerce Legislative Update. Santa Read More →