California’s chips are all in on green
One thing is clear from this year’s election results: California will bet a big chunk of its economic future on alternative energy. The resounding defeat of Proposition 23, which would have rolled back the Golden State’s cap-and-trade regime, came at the hands of a big coalition of venture capitalists, environmentalists and traditional business leaders bent Read More →
It’s a slow recovery all over the region in commercial real estate
Commercial real estate firms are also rolling out their third-quarter market reports.
Looking for the economy’s silver lining
With the economic forecast season about to get underway, two things are absolutely certain: 1. The experts are going to have strong opinions. 2. Most of the time they’re going to be wrong. So, with the knowledge that my amateur views are likely to be better than at least a few of the pros, let’s Read More →
SBA-backed deals are propping up commercial real estate market
Small businesses are starting to look like the heroes in the commercial real estate market’s turnaround tale. Businesses buying property for their own use, also known as owner-users, have fueled a number of deals in the Tri-Counties recently, many of them aided by financing through U.S. Small Business Administration lending programs. In Oxnard, Industrial Park Read More →
Totaling up the hefty price tag of Mozilo
The lifetime ban against former Countrywide Financial Corp. CEO Angelo Mozilo serving as an officer or director of a public company may be the most positive result to come from his settlement of a U.S. Securities and Exchange Commission complaint. But Mozilo’s company and his conduct created a decade-long road to economic ruin that reached Read More →
From the editor: Mozilo’s ban a true black mark
The lifetime ban against former Countrywide CEO Angelo Mozilo serving as an officer or director of a public company may be the most positive result to come from his settlement of a U.S. Securities and Exchange Commission complaint. As reported over the weekend, the SEC settled with Mozilo and two top lieutenants in a case Read More →
