New Tahitian Apartments in IV sells for $14M
Latest newsThe New Tahitian Apartments, a 63-unit building in Isla Vista, has been sold to an investor in the region for $14.3 million. The deal is the largest sale of a multi-family property on the South Coast so far this year, according to a news release from Santa Barbara-based Radius Commercial Real Estate & Investments, which Read More →
Nordman Cormany to shut down
Latest news, Law & GovermentOxnard-based Nordman Cormany Hair & Compton, the largest law firm in the region as recently as 2011, has dissolved after more than 75 years in business. The firm said a number of retirements and departures over the last few years have forced it to close its doors this summer. “We are proud of our firm’s Read More →
2013 Latino Business Awards winners announced
Features, Small BusinessThe Business Times is pleased to announce our 2013 class of Latino Business Awards winners. This annual special section published with the June 21 print edition. The award winners will be honored at an evening reception Thursday, July 18 at the Crowne Plaza Ventura Beach hotel. [For tickets, call (805) 560-6950 ext. 228.] There were Read More →
Under pressure to sell itself, Vitesse plans $30M stock offering
Banking & Finance, Latest news, Technology, Tri-County Public CompaniesShares of Camarillo-based Vitesse Semiconductor Corp. were down 15 percent to $2.30 in mid-day trading June 19 as the company announced a public stock offering to raise up to $30 million. The move comes as the company faces pressure from Columbia Pacific Advisors, an investment firm that owns nearly 10 percent of Vitesse, to sell Read More →
Dole CEO offers $1.1 billion to take firm private
Banking & Finance, Latest news, Tri-County Public CompaniesWestlake Village-based Dole Food Co.’s stock soared more than 21 percent Tuesday morning as CEO David Murdock made a cash offer of $12 a share for the 60 percent of the company he doesn’t own in a deal valued at $1.1 billion. Dole is one of the biggest producers and importers of fresh fruit and Read More →
Cal Poly names interim business deans
Latest news, Small BusinessDoug Cerf, area chair for accounting and business law at the Orfalea College of Business, will serve as interim dean starting July 1. Cerf has been area chair for accounting and business law since 2007, and a Cal Poly faculty member since 1990. The announcement was made in a news release from Cal Poly. Cerf’s Read More →
