Will the region’s top stocks keep dominating in 2025?
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Salem Media clears debt, adds new strategic investor
Camarillo-based Salem Media Group is looking to strengthen its balance sheet and aim its sights on the future after the company made a series of moves to end 2024. Announced Dec. 30, Salem Media, which specializes in Christian and conservative content, repaid all of its long-term debt which was at $159.4 million. The company accomplished this at Read More →
Street smarts: Santa Barbara’s Unity Shoppe gives back this holiday season
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
CRE: Santa Maria’s La Vista Apartments sell for record $116M
By Staff Report La Vista Apartments, a 460-unit multifamily property in Santa Maria, sold for $116 million, according to Institutional Property Advisors, a division of Marcus & Millichap, who brokered the sale on Dec. 30. The $116 million sales price equates to $252,174 per unit. According to a press release, the sale also became the Read More →
Portfolio watch
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Tri-County unemployment rate remains unchanged in November
For the second straight month, the unemployment rate along the Central Coast didn’t see much change, according to the latest data from the California Employment Development Department. Released Dec. 20, the unemployment rate of the tri-counties was at 4.36% for the month of November, the same unemployment rate the Central Coast saw in October and up slightly Read More →
Mackenzie Scott donates $10M to area nonprofits
Philanthropist Mackenzie Scott donated another $2 billion of her own wealth on Dec. 18, $10 million of which found its way to nonprofits based on the Central Coast. Scott, who was formerly married to billionaire Amazon Founder Jeff Bezos, has now donated roughly $19.2 billion since 2019. She is still worth over $31 million according Read More →
