February 24, 2025

		


| Monday, June 15th, 2015

Homebuilder Ryland Group shares soar after announcing merger with Standard Pacific

Earnings, Latest news, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County

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 →

| Friday, June 12th, 2015

Goleta’s Community West Bancshares settles with Residential Funding Company

Banking & Finance, Banking Industry, Latest news, South Coast, Top Stories, Tri-County Public Companies

Goleta-based Community West Bancshares, parent company of Community West Bank, today announced that it has reached a settlement with Residential Funding Company. The June 8 settlement resolves the litigation between the two financial firms concerning residential mortgage loans sold to RFC. Under the settlement, Community West Bank has agreed to pay RFC $7.5 million, which Read More →

| Thursday, June 11th, 2015

Ty Warner donating Barnsdall-Rio Grande Gas Station to Goleta

Latest news, South Coast, Top Stories

Ty Warner, the real estate tycoon and creator of Beanie Babies, is donating the Barnsdall-Rio Grande Gas Station to the city of Goleta, a representative announced at a news conference today. Originally part of the Sandpiper Golf Course property, the Spanish colonial-designed station includes a nearly 500-square-foot structure and access to a small parcel of Read More →

| Wednesday, June 10th, 2015

San Luis Obispo’s Mindbody expects $15 per share in IPO

Central Coast, Latest news, Technology, Top 25 lists, Tri-County Public Companies

MindBody, the San Luis Obispo-based software company poised to go public, told regulators June 8 that it expects to raise as much as $123 million in a 7.15 million share offering that could be priced as high as $15 per share. MindBody said in a revised Securities and Exchange Commission filing that it anticipates a Read More →

| Monday, June 8th, 2015

Santa Maria couple donates 450-acre avocado, lemon ranch to Cal Poly San Luis Obispo

Agribusiness, Central Coast, Latest news, Top Stories

A Santa Maria couple has agreed to donate a 450-acre avocado and lemon ranch in southern San Luis Obispo County valued at $11.3 million to Cal Poly San Luis Obispo. Stuart “Stu” and Jan Bartleson and university officials made the announcement at a press conference held at Bartleson Ranch on Los Berros Road, three miles Read More →

| Friday, June 5th, 2015

Governor Brown issues executive order to speed Refugio oil spill recovery efforts

Energy, Latest news, South Coast, Top Stories, Tourism

As federal, state, and local agencies continue working to minimize and mitigate the effects of the Refugio oil spill, Gov. Jerry Brown on Friday issued an executive order to further expedite recovery efforts and help ensure the natural environment is restored, beaches are reopened and economic impacts are minimized. The governor’s order directs state agencies Read More →

| Thursday, June 4th, 2015

Santa Barbara’s Arts & Letters Cafe sold after 20-year run

Latest news, Real Estate, Restaurants, Small Business, South Coast, Top Stories

Designer Steve Hermann will write the next chapter for the former Arts & Letters Cafe, turning the quaint eatery and gallery space into a fine dining restaurant. According to Hayes Commercial Group, the property, which sits just off State Street at 7 E. Anapamu St., closed above the $2.1 million asking price and garnered a Read More →