February 1, 2023
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Breaking news: Bacara on cusp of sale to Irvine group

By   /  Wednesday, February 20th, 2013  /  Real Estate, Tourism  /  Comments Off on 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 →

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L.A. developer buys Oxnard’s Centerpoint Mall for $27M

By   /  Friday, January 18th, 2013  /  Columns, Real Estate  /  Comments Off on 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.

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Nexsan sold for $120M

By   /  Thursday, January 3rd, 2013  /  Banking & Finance, Latest news, Technology  /  Comments Off on 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 →

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CalAmp buys Wireless Matrix for $53M

By   /  Wednesday, January 2nd, 2013  /  Banking & Finance, Latest news, Technology, Tri-County Public Companies  /  Comments Off on 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 →

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Buyers bag big grocery store deals

By   /  Friday, November 16th, 2012  /  Columns, Real Estate  /  Comments Off on Buyers bag big grocery store deals

The long-vacant former Home Depot site in Oxnard has been sold for $7.1 million.

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UPDATE: Pacific Capital sale to close Dec. 1

By   /  Wednesday, November 14th, 2012  /  Banking & Finance, Banking Industry, Latest news  /  Comments Off on UPDATE: Pacific Capital sale to close Dec. 1

Union Bank’s $1.5 billion acquisition of Santa Barbara Bank & Trust’s parent company is slated to close Dec. 1 now that federal regulators have signed off on the deal. In approving the sale of Pacific Capital Bancorp with a formal order on Nov. 14, Federal Reserve officials set in motion a number of events. They Read More →

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Thousand Oaks apartments sell to L.A. investors for $51.4M

By   /  Friday, September 7th, 2012  /  Columns, Real Estate  /  Comments Off on Thousand Oaks apartments sell to L.A. investors for $51.4M

The apartment complex drew more than 90 interested buyers and received multiple offers.