From the editor: Closing the turkey deficit
There are mega-deficits, there are giant deficits, and then there are smaller deficits that really hurt people in need. Consider, if you will, the turkey deficit facing Foodbank of Santa Barbara County. The deficit was so large that until Nov. 18, some 3,000 local families were in danger of going without this Thanksgiving. Happily, the Read More →
From the editor: Regionalism reigns at eco-devo forum
Santa Barbara County should explore an economic development effort to help existing businesses expand and recruit new companies to the area. That was the near-unanimous view of more than 200 business leaders who packed the Reagan Room at Fess Parker’s DoubleTree Resort on Nov. 8 for a South Coast regional economic development forum. I served Read More →
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 →
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.
