Breaking news: Bacara on cusp of sale to Irvine group
By Henry Dubroff and Marlize van Romburgh on February 20, 2012 Bacara Resort & Spa, the luxury resort in Goleta that was snapped up by Ohana Resorts for a bargain price in July 2011, is close to having a new owner. Sources familiar with the transaction said Pacific Hospitality Group of Irvine is in the Read More →
L.A. developer buys Oxnard’s Centerpoint Mall for $27M
A West Hollywood-based shopping center developer has purchased The Centerpoint Mall in Oxnard for an estimated $27 million.
Nexsan sold for $120M
Thousand Oaks-based Nexsan Corp., a maker of hard-disk storage arrays for mid-sized businesses, has been purchased by Imation Corp. for $120 million. Imation will pay $105 million in cash and 3.3 million common shares, worth about $15 million, for the Thousand Oaks firm. Nexsan is privately held but kicked off an unsuccessful bid to go Read More →
CalAmp buys Wireless Matrix for $53M
Oxnard-based wireless products company CalAmp Corp. said Dec. 20 that it is buying the U.S. operations of Wireless Matrix Corp. for $53 million in cash. CalAmp said it expects the deal, which will likely close in the first quarter of 2013, to be accretive to its non-GAAP earnings starting in 2014. Wireless Matrix is a Read More →
Buyers bag big grocery store deals
The long-vacant former Home Depot site in Oxnard has been sold for $7.1 million.
Thousand Oaks apartments sell to L.A. investors for $51.4M
The apartment complex drew more than 90 interested buyers and received multiple offers.
