November 26, 2022
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Latest

Income up 24% at Montecito Bank, assets top $2B

By   /  Thursday, October 28th, 2021  /  Banking & Finance, Banking Industry, Central Coast, East Ventura County, Latest news, South Coast, Tri-County Economy, West Ventura County  /  Comments Off on Income up 24% at Montecito Bank, assets top $2B

Montecito Bank & Trust, the biggest bank based in the tri-county region, reported asset growth of nearly 22% in the past year, while loan growth softened because of accelerated pandemic-related loan forgiveness and additional loan payoffs. The Santa Barbara-based bank said in an Oct. 18 earnings release that its total assets grew $404.53 million in Read More →

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Central Coast coalition aims to launch aerospace economy from Ventura to Santa Cruz

By   /  Thursday, October 28th, 2021  /  Central Coast, East Ventura County, Latest news, right, South Coast, Subscriber content, Technology, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Central Coast coalition aims to launch aerospace economy from Ventura to Santa Cruz

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Ventura firm pays up to $102M for oil assets in West Ventura

By   /  Friday, October 22nd, 2021  /  Energy, Latest news, right, Subscriber content, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Ventura firm pays up to $102M for oil assets in West Ventura

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Region’s unemployment rate drops below 5%

By   /  Friday, October 22nd, 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 rate drops below 5%

The unemployment rate in the tri-county region dropped nearly a full percentage point between August and September, to reach its lowest level since before the COVID-19 pandemic began. The combined unemployment rate of Ventura, Santa Barbara and San Luis Obispo counties was just under 5% in September, down from 5.9% in August, according to a Read More →

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Real Estate: Limoneira closes first phase of Harvest project with 596 homes

By   /  Friday, October 15th, 2021  /  Columns, Latest news, middle, Real Estate, South Coast, Subscriber content, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Real Estate: Limoneira closes first phase of Harvest project with 596 homes

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Ventura County leaders discuss housing shortages at conference in Oxnard

By   /  Thursday, October 14th, 2021  /  East Ventura County, Government, Latest news, Real Estate, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Ventura County leaders discuss housing shortages at conference in Oxnard

In 2021, California lawmakers in Sacramento passed at least 35 measures to address the housing crisis in the state. Local municipalities across California are dealing with a flurry of new housing-related laws and measures that could reshape the state’s housing landscape, and shift the balance of power on housing regulations away from cities and counties Read More →

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Ventura County hires new airport director

By   /  Monday, October 11th, 2021  /  Government, Latest news, Tourism, Tri-County Economy, West Ventura County  /  Comments Off on Ventura County hires new airport director

The former Contra Costa County director of airports has been chosen to run the Ventura County-owned airports in Camarillo and Oxnard. The decision to appoint Keith Freitas as the new director of airports was made by Ventura County Executive Officer Mike Powers, according to a news release from the county on Oct. 8. Freitas will Read More →