Real Estate: New CRE firm hits the scene in Sal Luis Obispo County
A new full-service commercial real estate firm has opened in San Luis Obispo County, specializing in real estate investment sales and leasing for clients on the Central Coast. Archer + Co, headquartered in Los Osos, provides complimentary property valuations, wealth and asset preservation planning and investment opportunities, among other services. Patrick Archer Wilkinson, a real Read More →
Two Central Coast marketing companies rake in 8-figure financing deals
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Former Mindbody CEO Rick Stollmeyer’s next big thing is a drone company
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U.S. Bank’s $8B deal to buy Union Bank could make it region’s biggest banking company
Editor’s Note: This article was originally posted Sept. 21 and updated Sept. 23 with more reporting about the pending bank merger. Union Bank’s 29-branch network in the Tri-Counties will become part of U.S. Bank in an $8 billion deal that will give Union Bank’s Japanese parent a nearly 3% stake in Minneapolis-based U.S. Bancorp. In Read More →
Paso’s Pearce Services continues acquisition spree
Pearce Renewables, a Paso Robles-based operator of renewable energy structures, announced Sept. 16 that it has acquired Mountain Renewables, a provider of technical field services for wind energy and utility-scale solar. Pearce Renewables is a subsidiary of Pearce Services, a Paso Robles company that services infrastructure in the telecommunications, railroad, energy and utility industries. It Read More →
Region’s unemployment rate down to 5.9% in August
The tri-county region’s unemployment rate dipped below 6% in August for only the second time since the COVID-19 pandemic began, according to a Business Times analysis of data released Sept. 17 by the California Employment Development Department. The combined unemployment rate for Ventura, Santa Barbara and San Luis Obispo counties was 5.9% in August, down Read More →
