January 11, 2025
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Santa Barbara Community Bank to open on Carrillo Street

By   /  Friday, August 15th, 2014  /  Banking & Finance, Banking Industry, Real Estate, South Coast, Tri-County Economy, West Ventura County  /  Comments Off on Santa Barbara Community Bank to open on Carrillo Street

OCB Bancorp has taken over the 1,600-square-foot space at 21 E. Carrillo St. in downtown Santa Barbara for its new Santa Barbara Community Bank division. The location is a new branch for Ojai-based OCB Bancorp, which announced last month that it had tapped veteran banker Eloy Ortega to lead its expansion into the South Coast. Read More →

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Simi Valley gains traction as Tylt expands

By   /  Friday, August 15th, 2014  /  East Ventura County, Real Estate, Technology, Top Stories, Tri-County Economy  /  Comments Off on Simi Valley gains traction as Tylt expands

A Simi Valley consumer electronics accessories firm is opening a new 60,000-square-foot headquarters to boost its staff, launch new brands and push its venture capital arm forward.

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Property owner looks to shed luxury condominium project

By   /  Friday, August 15th, 2014  /  Real Estate, South Coast, Tri-County Economy  /  Comments Off on Property owner looks to shed luxury condominium project

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80-acre home development in Orcutt sells

By   /  Monday, August 11th, 2014  /  Central Coast, Real Estate, Tri-County Economy  /  Comments Off on 80-acre home development in Orcutt sells

An 80-acre residential development in Orcutt has been sold for an undisclosed amount. The project, called Bradley Village, was purchased by an area investment group called Bradley Ventures after listing for $8 million, according to Hayes Commercial Group, which represented the buyer in the deal negotiations. Also known as Key Site 30, the project is Read More →

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Target toughens talk in Goleta store hunt

By   /  Friday, August 8th, 2014  /  Real Estate, South Coast, Top Stories, Tri-County Economy  /  Comments Off on Target toughens talk in Goleta store hunt

Target Corp., the second-largest discount retailer in the U.S., is searching for a new site for a potential store in Goleta. It is no longer under contract to purchase the site long planned for a store at Hollister Avenue and Los Carneros Way in Goleta, insiders say, but several options remain open as the big-box Read More →

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$55M refinancing paves way for Oxnard complex remodel

By   /  Friday, August 8th, 2014  /  Columns, Real Estate  /  Comments Off on $55M refinancing paves way for Oxnard complex remodel

Elijah Brumback

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Profits rise at PennyMac firms

By   /  Wednesday, August 6th, 2014  /  Earnings, East Ventura County, Latest news, Real Estate, Tri-County Public Companies  /  Comments Off on Profits rise at PennyMac firms

Moorpark-based PennyMac Financial Services said profits rose to $51.4 million on revenue of $130.4 million for the second quarter, beating Wall Street expectations for both measures.