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Ryland Group’s Westlake office to close in 2016 due to merger

By   /  Friday, October 16th, 2015  /  Columns, East Ventura County, Latest news, Real Estate  /  Comments Off on Ryland Group’s Westlake office to close in 2016 due to merger

  The Ryland Group office in Westlake Village will close in 2016 following the company’s merger with Standard Pacific Homes. Homebuilders Ryland and Irvine-based Standard Pacific recently completed a $5.2-billion merger to create CalAtlantic Group, the nation’s fourth largest residential home developer. Larry Nicholson, former CEO of Ryland, will serve as CEO of the new Read More →

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Merged Ryland Group and Standard Pacific trading as CalAtlantic Group

By   /  Thursday, October 1st, 2015  /  Tri-County Public Companies  /  Comments Off on Merged Ryland Group and Standard Pacific trading as CalAtlantic Group

CalAtlantic Group, the new homebuilding company formed in the merger between Ryland Group and Standard Pacific, traded under its new symbol CAA on Oct. 1 on the New York Stock Exchange. Now that the $5.2 billion “merger of equals” between the Westlake-based and Irvine-based homebuilders, respectively, has gone through, the new company has become the Read More →

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Goleta nonprofit Direct Relief moving forward with building

By   /  Friday, August 7th, 2015  /  Columns, Nonprofits, Real Estate  /  Comments Off on Goleta nonprofit Direct Relief moving forward with building

Goleta-based nonprofit Direct Relief is one step closer to building a new 155,000-square-foot facility by the Santa Barbara Airport where it could produce and distribute humanitarian aid, medicine and other vital supplies to impoverished and disaster-stricken communities around the world. The Santa Barbara Architectural Board of Review continued the project after its first concept review Read More →

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Homebuilder Ryland Group shares soar after announcing merger with Standard Pacific

By   /  Monday, June 15th, 2015  /  Earnings, Latest news, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Homebuilder Ryland Group shares soar after announcing merger with Standard Pacific

Shares of Westlake Village-based homebuilder Ryland Group soared more than $2.20 or 5 percent to more than $45 per share after the company announced a merger with rival Standard Pacific of Irvine. Though billed as a “merger of equals,” the roughly $5.2 billion deal would give Standard Pacific shareholders the majority of shares in the Read More →

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