Yardi acquires apartment research company
Latest newsYardi Systems, a Santa Barbara-based technology company focused on designing products for real estate and property management, said July 3 that it has acquired a company that compiles and publishes data on the apartment industry. Pierce-Eislen is an online technology company that provides up-to-the-minute data to the commercial multifamily housing industry. The company researches and Read More →
RRM Design Group merges with Peikert Group Architects
Latest newsSan Luis Obispo-based RRM Design Group and Santa Barbara-based Peikert Group Architects announced July 1 that the two architecture firms are becoming one. In the wake of the merger, PGA will continue to operate in Santa Barbara as an RRM company under the name of Peikert+RRM Design Group. RRM, for its part, will continue to Read More →
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 →