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Waterfront Hyatt in Santa Barbara sells for $61M

By   /  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 →

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Lastline raises $10M in fresh funding

By   /  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   /  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 →

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Ventura County Business Bank investors sue over stock sale, merger

By   /  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 →

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New CLU business dean tightens school’s international ties

By   /  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   /  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   /  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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