
A deep dive into real estate: Sandpiper slated to close first investment pool
By Elijah Brumback / Friday, August 1st, 2014 / East Ventura County, Real Estate, South Coast, Top Stories, Tri-County Economy, West Ventura County / Comments Off on A deep dive into real estate: Sandpiper slated to close first investment pool

Sandpiper Capital Partners is testing the depth of its investor network as it gets ready to close its first pooled real estate investment fund at the end of July.
OCB Bancorp taps Ortega to open Santa Barbara branch
By Marlize van Romburgh / Friday, August 1st, 2014 / Banking & Finance, Banking Industry, East Ventura County, South Coast, Top Stories, Tri-County Economy, West Ventura County / Comments Off on OCB Bancorp taps Ortega to open Santa Barbara branch

The parent company of Ojai Community Bank is tapping veteran South Coast banker Eloy Ortega to open a new Santa Barbara branch.

Small beachside town seeks developer with the right touch
By Elijah Brumback / Friday, August 1st, 2014 / Central Coast, Real Estate, Top Stories, Tourism, Tri-County Economy / Comments Off on Small beachside town seeks developer with the right touch

The Port San Luis Harbor District has released a request for proposals from qualified companies interested in taking on the redevelopment of the 32-acre RV resort and campground known as Harbor Terrace.

Snatching a larger slice: Persona pizzeria plots nationwide expansion
By Marissa Wenzke / Friday, August 1st, 2014 / Restaurants, Small Business, South Coast, Top Stories, Tri-County Economy / Comments Off on Snatching a larger slice: Persona pizzeria plots nationwide expansion

Santa Barbara-based Persona Neapolitan Pizza is embarking on a nationwide expansion as competition heats up in the fast-casual, wood-fired pizza market.
Direct Relief seeks to purchase airport land for new campus
By Staff Report / Thursday, July 31st, 2014 / Real Estate, South Coast, Top Stories, Tri-County Economy / Comments Off on Direct Relief seeks to purchase airport land for new campus
The Santa Barbara City Council is slated to hear a proposal from Direct Relief, the largest nonprofit headquartered in the region, to buy a parcel of land near the municipal airport and build a 125,000-square-foot facility there. Goleta-based Direct Relief has outgrown its existing facility and wants to build a 100,000-square-foot warehouse and 25,000 square Read More →
Caruso pushes forward with scaled-back Miramar plans
By Elijah Brumback / Thursday, July 31st, 2014 / Real Estate, South Coast, Top Stories, Tourism, Tri-County Economy / 1 Comment

Los Angeles real estate magnate Rick Caruso is amending his plans for the multimillion-dollar revival of Miramar Beach Resort & Bungalows in Montecito to include a little more shrinkage. Caruso Affiliated received approval for the hotel in March 2011 after a years-long hearing process in which Seinfeld actress Julia Louis-Dreyfus, a neighbor of the Read More →
Amgen to slash 2,400 jobs, shrink Thousand Oaks HQ
By Staff Report / Tuesday, July 29th, 2014 / Earnings, East Ventura County, Latest news, Technology, Top Stories, Tri-County Public Companies / 3 Comments

Thousand Oaks-based Amgen will cut staff at its Conejo Valley headquarters and consolidate into fewer buildings as part of a company-wide restructuring plan that will eliminate between 2,400 and 2,900 jobs and shutter facilities in Colorado and Washington. Amgen said the moves are designed to reduce operating expenses by $700 million by 2016, money that Read More →