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Entitlements done, Investec finds $10M exit from Carpinteria property

By   /  Monday, November 8th, 2010  /  Columns, Real Estate  /  Comments Off on Entitlements done, Investec finds $10M exit from Carpinteria property

The 12-acre residential portion of Carpinteria’s Lagunitas mixed-use project recently sold for $10 million, a move the seller says frees it up to focus on what it does best. “I am not as enamored with building as I am with entitling and getting things approved,” Ken Slaught, president of Investec Real Estate Companies, told the Read More →

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California’s chips are all in on green

By   /  Monday, November 8th, 2010  /  Columns, Opinion  /  Comments Off on 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 →

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It’s a slow recovery all over the region in commercial real estate

By   /  Monday, November 1st, 2010  /  Columns, Real Estate  /  Comments Off on 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.

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Looking for the economy’s silver lining

By   /  Monday, November 1st, 2010  /  Columns, Opinion  /  Comments Off on 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 →

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SBA-backed deals are propping up commercial real estate market

By   /  Monday, October 25th, 2010  /  Columns, Real Estate, Small Business  /  Comments Off on 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 →

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Totaling up the hefty price tag of Mozilo

By   /  Monday, October 25th, 2010  /  Columns, Opinion  /  Comments Off on 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 →

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From the editor: Mozilo’s ban a true black mark

By   /  Monday, October 18th, 2010  /  Columns, Opinion  /  Comments Off on 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 →