Waterfront Hyatt in Santa Barbara sells for $61M
By Dana Olsen / Friday, July 12th, 2013 / Real Estate, Top Stories, Tourism / Comments Off on Waterfront Hyatt in Santa Barbara sells for $61M
Two years after the historic Hotel Mar Monte was rebranded as the Hyatt Santa Barbara, the property has changed hands for more than $60 million. Chesapeake Lodging Trust, a Maryland-based hotel investment company, purchased the 171-room hotel from a Hyatt Hotel Corp. affiliate for $61 million, or $305,000 per room. In a July 1 announcement, Read More →

Lastline raises $10M in fresh funding
By Stephen Nellis / Friday, July 12th, 2013 / Banking & Finance, Technology, Top Stories / Comments Off on Lastline raises $10M in fresh funding
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Analysis: Region’s students take on less college debt than peers do
By Dana Olsen / Friday, July 12th, 2013 / Top Stories, Tri-County Economy / Comments Off on Analysis: Region’s students take on less college debt than peers do
[EDITOR’S NOTE: Correction appended below] While the college debt crisis has been making national headlines in recent years, students who graduated from a California school are faring relatively well compared to their counterparts in other states. According to a report from CNBC, Americans now have more student loan debt than credit card debt, with a Read More →
Ventura County Business Bank investors sue over stock sale, merger
By Marlize van Romburgh / Friday, July 5th, 2013 / Banking & Finance, Banking Industry, Law & Goverment, Top Stories / Comments Off on Ventura County Business Bank investors sue over stock sale, merger
Investors in Ventura County Business Bank, a small commercial lender that was acquired by Royal Business Bank in 2011, are suing its new owners and former executives, alleging fraud and misrepresentation. The plaintiffs — Mark Engle, Paul Turley, Mark Ioele, Ronnie Case, Dennis McCarty, Kuen Sil Park, Holger Blank and Farihan Uwaydah — allege that Read More →

New CLU business dean tightens school’s international ties
By Tom Bronzini / Friday, July 5th, 2013 / Top Stories / Comments Off on New CLU business dean tightens school’s international ties
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Export firms in region see rise in sales
By Marlize van Romburgh / Friday, July 5th, 2013 / Top Stories, Tri-County Economy / Comments Off on Export firms in region see rise in sales
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Amgen news kicks off Q3 trading: CalAmp frontrunner in first-half standings
By Henry Dubroff / Friday, July 5th, 2013 / Banking & Finance, Features, Personal Finance, Top Stories, Tri-County Public Companies / Comments Off on Amgen news kicks off Q3 trading: CalAmp frontrunner in first-half standings

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