Staff Report | Monday, July 21st, 2014
Banking & Finance,
Banking Industry,
South Coast,
Tri-County Economy Michael Phlaum, chief operating officer at Goleta-based Community West Bank, died Friday evening from complications related to a stroke, the bank said on July 21. Phlaum joined the bank in February 2012 and was promoted to COO and executive vice president in February of this year. “This is a tragic loss for me personally and Read More →
Staff Report | Friday, July 18th, 2014
Agribusiness,
Banking & Finance,
Banking Industry,
Latest news,
Top Stories Santa Paula-based Santa Clara Valley Bank is being acquired by Sierra Bancorp for $15.3 million in an all-cash deal announced July 17. The Ventura County bank operates branches in Fillmore, Santa Paula and Valencia. With assets of about $127 million, the bank is the second-smallest bank headquartered in the Tri-Counties.
Staff Report | Tuesday, July 15th, 2014
Nonprofits,
South Coast,
Top Stories,
Tri-County Economy A two-hour debate over the future of the Mission & State investigative reporting project in Santa Barbara ended with no resolution but one funder calling for a time-out to reassess the awarding of a management contract to a for-profit news organization. The meeting was held at the offices of the Santa Barbara Foundation, which awarded Read More →
Staff Report | Wednesday, July 9th, 2014
Real Estate,
Top Stories,
Tri-County Economy,
West Ventura County Sandpiper Capital Partners has purchased the 37-room Leewood Hotel in downtown Ventura from its longtime owner and plans to convert it to an apartment complex. The firm purchased the property for just under $2.7 million, Justin Egerer, founder and managing member of Sandpiper Capital Partners, said in an email to the Business Times. The property is Read More →
Staff Report | Monday, July 7th, 2014
Law & Goverment,
South Coast,
Top Stories,
Tri-County Economy In the wake of the May 23 mass murder in Isla Vista, a coalition of public officials has formed to support a set of state and federal gun-control proposals designed to fill “gaps” in the way firearms laws and the mental health system mesh.
Staff Report | Monday, July 7th, 2014
Latest news,
Real Estate,
South Coast Santa Barbara-based Peritus Asset Management recently signed a long-term lease for the entire fourth floor of the Granada Tower, making the building fully leased.