Scolari’s, a chain of regional grocery stores founded in the Central Coast more than three decades ago, is closing its four tri-county locations within the next 60 days. The real estate under three of the properties, in Santa Barbara, San Luis Obispo and Paso Robles, has been sold to NKT Commercial, a San Luis Obispo-based Read More →
San Luis Obispo-based American Perspective Bank is being purchased by Portland-based Umpqua Holdings Corp. for $44.7 million. Under the deal, announced April 10, Umpqua will pay $10 per share in cash for American Perspective. The San Luis Obispo bank’s three Central Coast branches will be rebranded as Umpqua Bank. The acquisition has been approved by Read More →
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Santa Maria’s Marian Regional Medical Center opened the doors of its brand-new facility for a public viewing and dedication on March 7, a month before the building is set to start taking patients. The grand opening comes 15 years after hospital officials began planning to rebuild Marian, a nonprofit hospital founded in 1940 by the Read More →