Feds raid area cannabis operations
Federal agents took aim at one of the Central Coast’s publicly traded companies on July 10 when a Homeland Security Investigations unit raided Glass House Farms, a cannabis farm with operations in both Santa Barbara and Ventura counties. Raids at Glass House’s farms in Carpinteria and Camarillo were conducted concurrently on July 10. Glass House Read More →
Santa Barbara’s El Encanto Hotel sells for $82.2M to Tinder co-founder
Santa Barbara’s five-star gem El Encanto Hotel is under new ownership after Justin Mateen, Tyler Mateen and the Cayton family combined to purchase the historic estate for $82.2 million. Announced July 8, the Mateen’s and Culver Capital, which is represented by principal Garrett Cayton, purchased El Encanto from Belmond, a luxury hospitality brand owned by LVMH. LVMH Read More →
Wilshire Health shutters as buyout deal collapses
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805 Tech: Cal Poly’s new economic development director is up to the task
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Street smarts: SLO Chamber CEO preps run for County Board of Supes
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CRE: Agoura Hills business park switches hands
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Arroyo Grande escrow firm alleges former manager stole $546k
An Arroyo Grande escrow firm is suing its former escrow manager for allegedly embezzling $545,557 from it. Opus Escrow’s suit also names a second defendant, Qualia Labs, a digital real estate closing platform. Qualia had a contract to provide Opus with accounting, reconciliations, fraud protection, and more, according to the civil complaint filed in San Read More →
