Inogen shares rise on rosier outlook
Shares of Goleta-based Inogen soared 11.4 percent to $16.29 on May 14 after reporting stronger-than-expected profits and boosting its sales outlook for the year.
Goleta office building sells after listing for $14.2M
The 39,875-square-foot office building at 6550 Hollister Ave. in Goleta has been sold to an undisclosed South Coast investor after listing for $14.2 million. The property is leased to Cottage Health System and is located diagonally across from the new Deckers Outdoor Corp. headquarters. “The recession triggered a ‘flight to quality’ among investors, and Read More →
Kimpton raises flag in Goleta
The former Holiday Inn on Calle Real in Goleta will officially start flying the Kimpton Hotels & Restaurants flag in July. The San Francisco-based boutique hotel operator said it has partnered with Newport Beach-based hotel owner Makar Properties to rebrand the 150-room hotel as The Goodland following a renovation. Makar Properties purchased the hotel for Read More →
VCCF president and CEO to step down
Hugh Ralston, president and CEO of the Ventura County Community Foundation, will step down later this year in a move that will likely cause ripples across the philanthropic leadership in the region. Ralston, who has led VCCF for 11 years, said he wanted to announce his resignation now to allow the organization’s board an opportunity Read More →
CMH launches residency program to combat coming doctor shortage
Ventura County’s Community Memorial Health System has embarked on an ambitious effort to address a severe shortage of family doctors that is looming nationwide. About a third of physicians now practicing are age 58 or older, Community Memorial President and CEO Gary Wilde said in answering questions after a State of the Health System address Read More →
UCSB spinout Lettuce Apps acquired by Intuit
Lettuce Apps, a spinout out of UC Santa Barbara, has been acquired by financial software giant Intuit for an estimated $30 million. The Los Angeles-based company got its start in UCSB’s Technology Management Program, which has produced a number of successful startups including medical device maker Inogen, now a publicly traded company based in Goleta. Read More →
