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Inogen shares plummet after news of supply chain problems

By   /  Thursday, August 5th, 2021  /  Banking & Finance, Central Coast Health Watch, Earnings, Latest news, middle, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  No Comments

Shares of the Goleta-based medical device company Inogen dropped by 27% on Aug. 5, the day after the company released its second quarter 2021 earnings. Though the maker of portable oxygen concentrators saw big increases in both revenue and earnings, uncertainty brought on by the semiconductor chip shortage led to a huge selloff of Inogen Read More →

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Cannabis grower pleads guilty to bribing SLO County supervisor

By   /  Thursday, July 29th, 2021  /  Central Coast, Latest news, Law, middle, Top Stories, Tri-County Economy  /  No Comments

A San Luis Obispo County cannabis grower and dispensary owner bribed the late County Supervisor Adam Hill and attempted to bribe the mayor of Grover Beach, and will plead guilty to federal bribery and tax crimes. Helios Dayspring, who also goes by “Bobby,” agreed to a plea deal that was filed July 28 in federal Read More →

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Westlake Village office sale tops $80M

By   /  Tuesday, July 27th, 2021  /  East Ventura County, Latest news, middle, Real Estate, Top Stories, Tri-County Economy  /  Comments Off on Westlake Village office sale tops $80M

Westlake Park Place I, a five-building office campus in Westlake Village, sold recently for $80.8 million — the highest sale price for an office building in Ventura County in 2021. The buyer was a partnership between Amstar and Searles Property Group, and the seller was Invesco Real Estate. Westlake Park Place I started construction in Read More →

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Deal for new Santa Paula Hospital land ‘a long time in the making’

By   /  Friday, July 23rd, 2021  /  Agribusiness, Banking & Finance, Central Coast Health Watch, Latest news, middle, Real Estate, Subscriber content, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Deal for new Santa Paula Hospital land ‘a long time in the making’

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Limoneira to sell land for new Santa Paula Hospital

By   /  Monday, July 19th, 2021  /  Agribusiness, Central Coast Health Watch, Latest news, middle, Real Estate, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Limoneira to sell land for new Santa Paula Hospital

The county of Ventura wants to replace Santa Paula Hospital, and it’s working with Limoneira and a third party to make it happen. In a letter of intent released July 14, Limoneira announced it plans to sell 25 acres of its land in Santa Paula to a company called Pacific Coast Investments in five staged Read More →

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Latest

Impact raises $150M, plans 2022 IPO

By   /  Tuesday, July 13th, 2021  /  Latest news, middle, South Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on Impact raises $150M, plans 2022 IPO

Note: This article was updated July 15 to include an interview with Impact’s CEO. Impact Technologies, a cloud software company based in Santa Barbara, announced a $150 million round of venture capital funding on July 13 and is planning an initial public offering in early 2022, CEO David Yovanno told the Business Times. With the Read More →

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Real Estate: Simi Valley industrial property sold for $20M

By   /  Tuesday, July 13th, 2021  /  Columns, East Ventura County, Latest news, middle, Real Estate, Subscriber content, Top Stories, Tri-County Economy  /  Comments Off on Real Estate: Simi Valley industrial property sold for $20M

This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.

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