Latest
By Elijah Brumback / Friday, October 31st, 2014 / Columns, Latest news, Real Estate, Top Stories / Comments Off on Forecast for Santa Barbara: construction, clogged streets
With several developments slated for the south end of State Street and along Cabrillo Boulevard this winter, coupled with two major bridge replacements, significant traffic congestion is expected and the city hopes residents can be patient.
Latest
By Guest commentary / Friday, September 26th, 2014 / Editorials, Opinion / Comments Off on Letter: SCE should listen to Moorpark residents’ concerns in nursery dispute
Dear Editor: Kudos to Elijah Brumback for his Sept. 19 article on the Moorpark nursery being evicted by Southern California Edison, after operating on SCE land for 28 years. It’s the first report to solicit any type of response from SCE. When Edison spokesman Rudy Gonzalez said, “no not really,” in addressing whether SCE has Read More →
Latest
By Elijah Brumback / Friday, September 19th, 2014 / East Ventura County, Real Estate, Top Stories, Tri-County Economy / 1 Comment
Sparks are flying in a dispute between Southern California Edison and Performance Nursery, a tenant on the electric utility company’s Moorpark property. In late July, SoCal Edison sent a letter to Performance Nursery, which has leased 42 acres at Tierra Rejada Road and Arroyo Simi for almost 30 years, giving it until Oct. 15 to Read More →
Latest
By Editorial Board / Friday, August 1st, 2014 / Editorials, Opinion / Comments Off on Editorial: Large employers loosen grip on Ventura County
Half-a-dozen years ago, East Ventura County’s economy was heavily dependent on two very large employers: subprime lending giant Countrywide Financial Corp. and biotech behemoth Amgen.
Latest
By Elijah Brumback / Friday, July 18th, 2014 / Banking & Finance, Top Stories, Tri-County Public Companies / Comments Off on PennyMac counts on family, Countrywide ties
PennyMac, the Moorpark-based firm founded by former top brass at Countrywide Financial Corp., has inked a $550 million loan repurchasing deal with Bank of America. The deal forms a half-billion-dollar pact among three companies that have been intimately connected since shortly after Countrywide, the firm at the heart of the subprime loan meltdown, was Read More →
Latest
By Stephen Nellis / Friday, November 29th, 2013 / Technology, Top Stories, Tri-County Economy / Comments Off on Kavli remembered: Physicist employed thousands, gifted millions
Born in Norway, Kavli made his way to the United States after World War II to pursue physics and expand on his lifelong entrepreneurial streak. In the late 1950s, he founded Kavlico Corp., a Moorpark-based maker of advanced sensors for cars and aircraft. He also invested in real estate for more than 50 years.