Engineering firm Huitt-Zollars wins contract for $23M project
The Westlake Village branch of engineering, architecture and construction management company Huitt-Zollars landed a $23 million contract as the prime consultant for the Calabasas freeway bridge widening and interchange project at Lost Hills Road and Highway 101. Under the terms of the contract Huitt-Zollars will create the Planning Approval/Environmental Documentation, as well as prepare the Read More →
Emerging Paso Robles wineries prove they
Paso Robles is a natural spot for dynamic zinfandels — it features both intense summer heat as well as an evening ocean breeze that cools down the grapes. The unique micro-climate has brought a rush of entrepreneurs to the region in the past decade, each looking to bottle incredible wine in a burgeoning California region. Read More →
Forget location
For months now, most of the headlines have focused on the doom and gloom of foreclosures and stalled credit activity, but one area financial company offers a glimmer of hope, proving that in today’s market there are still companies not only making mortgage loans, but also turning a profit and making investors happy. Fidelity Mortgage Read More →
From Bear Stearns to here seems like an eternity
Every year in mid-March a few dozen financial journalists from around the country gather at the University of California, Los Angeles, Anderson School of Business. Our job is to pick the finalists for the Gerald Loeb awards, a national program administered by UCLA. Because the weather in Westwood is a heck of a lot better Read More →
Ventura broker says housing plan will loosen up credit market
Millions of homeowners facing foreclosure, first-time buyers and homebuyers who have been unable to secure loans will be among the primary beneficiaries of President Barack Obama’s $75 billion housing rescue plan, according to the head of Ventura County’s largest residential brokerage company. Brian Troop, president of Troop Real Estate, also said the recently unveiled Housing Read More →
Affordable housing fees at center of controversial appeals decision
A new decision from the California’s fifth district Court of Appeals might have a big effect on the fees that some California cities impose on developers to help fund affordable housing. Or it might not. City attorneys in the Tri-Counties are waiting to see what kind of scope the decision gains. The initial dispute arose Read More →
Business Times enters 10th year of news production
Just at the bottom of the masthead of this issue of the Business Times, you will find the following notation: “Vol. 10 No. 1.” That means we are entering our 10th year of publication. The current newspaper marks the beginning of a year-long countdown to our 10th anniversary, which we will officially celebrate in March Read More →