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You are here:  Home  >  Tri-County Economy  >  South Coast  -  Page 80

Montecito Bank & Trust
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East Coast in focus as Somera Capital reaches $2B mark

By   /  Friday, December 12th, 2014  /  Banking & Finance, Latest news, Personal Finance, South Coast, Subscriber content, Top Stories  /  Comments Off on East Coast in focus as Somera Capital reaches $2B mark

With a core portfolio of assets from Palo Alto to Los Angeles, the company has started fishing for deals in the Seattle market and putting even more focus on East Coast markets from Washington, D.C. to Savannah, Georgia.

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Wells Fargo to open new Santa Barbara location

By   /  Thursday, December 11th, 2014  /  Banking & Finance, Banking Industry, Latest news, South Coast, Top Stories  /  Comments Off on Wells Fargo to open new Santa Barbara location

San Francisco-based Wells Fargo, one the largest employers in the Tri-Counties, is slated to open its fourth banking branch in Santa Barbara on Dec. 15. The new location is at 101 N. Milpas St. and will serve retail, mortgage and business banking customers. Wells Fargo signed the lease for the 2,600-square-foot former Blockbuster location in Read More →

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Port of Hueneme sets record revenue

By   /  Wednesday, December 10th, 2014  /  Latest news, South Coast, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Port of Hueneme sets record revenue

The Port of Hueneme near Ventura County Naval Base pulled in roughly $14.3 million in total gross revenue for 2014—its highest annual revenue number since its inception in 1937, according to a draft audit report. The report was submitted to the port’s Board of Harbor Commissioners on Dec. 8 and indicates that the Port of Read More →

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Camarillo industrial buildings sell for $54.5M

By   /  Wednesday, November 26th, 2014  /  East Ventura County, Latest news, Real Estate, South Coast, Top Stories  /  Comments Off on Camarillo industrial buildings sell for $54.5M

A $54.5 million deal for two industrial buildings in Camarillo is one of the biggest transactions to hit the South Coast real estate market this year. The Mission Oaks Corporate Center, home to Deckers and Addison Behavioral Resources warehouses, was recently sold by a joint venture between Rexford Industrial and Dune Real Estate Partners to Read More →

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Downtown group joins effort to promote shopping local

By   /  Friday, November 14th, 2014  /  Latest news, Small Business, South Coast, Top Stories  /  Comments Off on Downtown group joins effort to promote shopping local

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Lack gets nine-plus year sentence, faces additional 11

By   /  Friday, November 7th, 2014  /  Features, Latest news, Law, Real Estate, South Coast, Top Stories  /  Comments Off on Lack gets nine-plus year sentence, faces additional 11

Convicted former contractor, 53-year-old David Lack was slapped nine years and eight months in state prison at his Nov. 6 sentencing, after a jury found him guilty of three counts of grand theft in early August. Lack was also ordered to pay restitution of $300,000 to Mary Belle Snow, $600,508.74 to Rabobank and more than Read More →

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Latest

Voters approve the bulk of bonds, taxes

By   /  Friday, November 7th, 2014  /  Central Coast, East Ventura County, Latest news, South Coast, Subscriber content, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Voters approve the bulk of bonds, taxes

Tri-county voters approved $910 million in school bonds on Nov. 4, with every bond proposal passing in Ventura and San Luis Obispo counties while just one passed in Santa Barbara County.

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