Thousand Oaks apartment complex sells for $67 million
A 191-unit multifamily community at 491 W. Gainsborough Road in Thousand Oaks sold for $67 million. Pacific Urban Residential bought the property from IMT Capital LLC, according to Greg Harris of Marcus & Millichap who coordinated the deal. “The acquisition provided the buyer with the opportunity to enter a highly coveted market supported by the Read More →
Phillips 66’s crude-by-rail proposal denied
The San Luis Obispo County Planning Commission denied Phillips 66’s proposal to expand its crude-by-rail operations on the Nipomo Mesa. The commissioners voted 3-2 against the project, which involves building a rail spur that would connect its refinery to Union Pacific’s major interstate railroad so it can import tar sands crude from Canada and other Read More →
Ventura company wins prize from Regenerative Business Alliance
Rincon-Vitova Insectaries, headquartered in Ventura, won the top prize for “fooding” from the Seattle-based Regenerative Business Alliance. Recipients showed “a deep and extended scope of aspiration to pursue and achieve shifts in one or more industries, show transformation in a social system, work to unravel and evolve cultural paradigms, and leverage governing agreements to give Read More →
MindBody gives details of partnership with Under Armour
MindBody announced details of a long-awaited partnership with global sportswear and equipment manufacturer Under Armour on Oct. 4. Now users of Under Armour’s MyFitnessPal app will be able to find fitness classes near them through the app. MindBody, a San Luis Obispo-based developer of merchant processing software for yoga and fitness studios, said in a Read More →
Comcast spends $30M on Semtech stock in deal to create trial LoRa network
Camarillo semiconductor manufacturer Semtech announced a partnership with Comcast on Oct. 5 for the development of a trial low-power wide area network in Philadelphia and San Francisco this fall. Semtech and Philadelphia-based internet provider, cable provider and media company Comcast said in a news release the trial will help accelerate the rollout of a much Read More →
Nurses claim labor law violations in suit against Twin Cities Community Hospital
A group of 53 nurses filed claims against Templeton’s Twin Cities Community Hospital for allegedly violating California labor laws, according to a news release from the law firm Baltodano & Baltodano. The claims were filed in private arbitration on Oct. 3 because of the confidentiality provisions in the nurses’ contracts with the hospital, said Lauren Read More →
Anchore completes $5 million funding round
Updated at 9:15 a.m. Oct. 5 Santa Barbara startup Anchore completed a $5 million funding round, the company announced Oct. 4. Serial entrepreneur Saïd Ziouani launched the company April 6. It provides a portal for software containers used in IT software app development by software developers and system administration teams. The company was founded with Read More →
