CSUCI gets $10.5M from heirs of developer Bud Smith
A foundation created by the late Ventura County developer Martin V. “Bud” Smith and his wife has donated $10.5 million to CSU Channel Islands in Camarillo for its school of business and economics, a gift the university called “transformative.” The Martin V. and Martha K. Smith Foundation was established by Bud Smith, a philanthropist, entrepreneur Read More →
People’s Self-Help Housing secures $50K Bank of America grant
People’s Self-Help Housing, the longest-serving affordable housing nonprofit on the Central Coast, has received a $50,000 grant from Bank of America to scale its programs. The grant, announced by People’s Self-Help on Dec. 1, is part of Bank of America’s 2021 Neighborhood Champion program. Women’s Economic Ventures, a Santa Barbara-based nonprofit, received one of the Read More →
Thousand Oaks approves Caruso apartment complex at The Lakes
A shopping center property owned by the city of Thousand Oaks will be sold to Los Angeles development mogul Rick Caruso, who plans to add a six-story apartment building to the site. The much-anticipated transaction required approval from the Thousand Oaks City Council, which voted 3-2 in favor of the deal on Nov. 30. The Read More →
Bank of the Sierra gives $1M to Housing Trust Fund Ventura County
The Housing Trust Fund Ventura County announced a $1 million contribution from Bank of the Sierra on Nov. 30, to fund the nonprofit’s loans to developers who build affordable housing in Ventura County. The award is designated for the organization’s Everyone Deserves a Home Revolving Loan Fund. The community impact note will be pooled with Read More →
Dubroff: Searching for a new model to fund the arts in Ventura County
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Transphorm powers its way to new heights
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Real Estate: Potential office glut in Santa Barbara; Landmark restaurant for sale in Carpinteria
The Santa Barbara commercial real estate market has faced its ups and downs this year, according to Radius Commercial Real Estate General Manager Brian Johnson. Speaking at Santa Barbara Executive Roundtable’s annual economic forecast on Nov. 11, Johnson said leasing in the area is down “heavily.” The third quarter of 2021 produced just 49 new Read More →
