Bankruptcy blues snag Lavender Court
UncategorizedThe developer of Lavender Court, Carpinteria’s largest mixed-use project in years, has filed two Chapter 11 bankruptcies, leaving behind bank debts and contractors wondering how they will get paid for their work. Nick Narang was the force behind Lavender Court, a project with 40 condominium units and a 5,000-square-foot retail space on Carpinteria Avenue. Two Read More →
Gas firm rides rails to growth
UncategorizedPaso Robles-based propane marketer Delta Liquid Energy is on track for expansion — about 300 feet of track, to be exact. The company has just unveiled a new storage and distribution facility in Santa Maria that includes 300 feet of private railroad track, 90,000 gallons of propane storage capacity and a new office building that Read More →
Vida initiates S.O.S. program for charities
UncategorizedThere’s more than one way to put your money where your mouth is. For one tri-county wealth management group, that means taking a hit so regional nonprofits have a fighting chance. As revenue streams dry up and grants get more competitive, some charities still have to pay wealth managers to ‘supervise’ their declining donations and Read More →
Blowing over the competition – JetAir produces efficient techniques that woo big names
UncategorizedJetAir Technologies likes to let its engineering speak for itself. Founded five years ago, the Ventura-based company engineers and produces industrial blowers and air knives that do everything from dry beer bottles to spread chemical coatings on catalytic converters. And though JetAir has just 11 employees, it’s landed household names such as General Motors, Budweiser Read More →
On the cutting edge of data – Sabrient Systems analyzes stock performance
Small BusinessIt’s hard to imagine that anyone could be successful while remaining agnostic toward the stock market — especially now. But 9-year-old Sabrient Systems has built a reputation for itself by doing just that. The Santa Barbara-based equity research firm specializes in quantitative modeling and analysis of stocks, with a successful 2008 that saw its best Read More →
Property woes signal sluggish recovery ahead
ColumnsJudging from the looks on the faces of the commercial real estate brokers and leasing agents I know, those little green shoots that Federal Reserve Chairman Ben Bernanke mentioned a few weeks ago might just as well have been “little green men.” A dearth of deals in the property sector is an indication that although Read More →