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Pacific Capital wraps up $76.4M rights offering

By   /  Monday, November 29th, 2010  /  Banking Industry, Latest news, Tri-County Public Companies  /  Comments Off on Pacific Capital wraps up $76.4M rights offering

Santa Barbara-based Pacific Capital Bancorp said Nov. 29 that it has completed its shareholder rights offering, raising $76.4 million by selling shares of common stock at 20 cents per share.

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State Street goes from books to bargains in a flurry of deals

By   /  Monday, November 29th, 2010  /  Columns, Real Estate  /  Comments Off on State Street goes from books to bargains in a flurry of deals

Santa Barbara’s downtown retail scene is trading its literary aspirations for bargain-priced fashion, signaling a possible new trend in State Street retail.

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Marshalls, H&M moving in on State Street

By   /  Friday, November 26th, 2010  /  Uncategorized  /  Comments Off on Marshalls, H&M moving in on State Street

Off-price apparel stores Marshalls and H&M will replace book giants Borders and Barnes & Noble in downtown Santa Barbara, according to real estate insiders.

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Santa Barbara man pleads guilty to Ponzi scheme charges

By   /  Wednesday, November 24th, 2010  /  Latest news  /  Comments Off on Santa Barbara man pleads guilty to Ponzi scheme charges

A Santa Barbara man pleaded guilty Nov. 23 to fraud charges that could land him in federal prison for up to 33 years.

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Editorial: The new faces of philanthropy

By   /  Monday, November 22nd, 2010  /  Editorials, Opinion  /  Comments Off on Editorial: The new faces of philanthropy

The Santa Barbara Community Foundation and local businesses are launching a Corporate Philanthropy Roundtable designed to connect employers and community organizations in new and exciting ways.

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Victoria Street marketplace may reshape downtown foodie scene

By   /  Monday, November 22nd, 2010  /  Columns, Real Estate  /  Comments Off on Victoria Street marketplace may reshape downtown foodie scene

Urban Developments is building an anchor for South Coast culture right in the heart of downtown Santa Barbara. The San Francisco-based development firm has grand plans to build a 23,000-square-foot public market and adjoining residential project at Chapala and Victoria streets, in the spot formerly occupied by a Vons grocery store. Urban Developments Principle Marge Read More →

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Santa Barbara restaurant owner sells Seagrass

By   /  Monday, November 15th, 2010  /  Latest news, Small Business  /  Comments Off on Santa Barbara restaurant owner sells Seagrass

Prolific Santa Barbara restaurateur Mitchell Sjerven announced Nov. 15 that he has sold Seagrass Restaurant to a family that recently relocated to Santa Barbara. Terms of the deal were not disclosed. The buyer is the Perez family: chef Robert Perez, his wife, Marianna Perez, and their sons Ruben and Richard. They moved recently from Nevada Read More →