Strawberry grower, Heritage Oaks head to trial over loan contract
By Stephen Nellis / Friday, July 11th, 2014 / Agribusiness, Banking & Finance, Central Coast, Law & Goverment, Top Stories, Tri-County Economy / Comments Off on Strawberry grower, Heritage Oaks head to trial over loan contract
A Santa Maria strawberry grower’s lawsuit alleging that Heritage Oaks Bank’s failure to provide financing after promising to do so drove the grower into near-bankruptcy is headed to trial later this month.
Pent-up demand drives surge of deals on Chapala Street
By Elijah Brumback / Friday, July 11th, 2014 / Real Estate, South Coast, Tri-County Economy / Comments Off on Pent-up demand drives surge of deals on Chapala Street
With highly coveted square footage virtually unavailable on State Street in downtown Santa Barbara, many companies trying to stay in the market are gobbling up space on the nearby Chapala Street corridor.
Ventura County to get $4.1M Health Care Innovation Award
By Staff Report / Thursday, July 10th, 2014 / East Ventura County, Health Care & Life Science, Top Stories, Tri-County Economy, West Ventura County / Comments Off on Ventura County to get $4.1M Health Care Innovation Award
The Ventura County Health Care Agency is slated to receive $4.1 million in federal funding to study treatment of chronic obstructive pulmonary disease, or COPD, one of the most common lung conditions in the U.S.
Historic Ventura hotel changes hands
By Staff Report / Wednesday, July 9th, 2014 / Real Estate, Top Stories, Tri-County Economy, West Ventura County / 1 Comment
Sandpiper Capital Partners has purchased the 37-room Leewood Hotel in downtown Ventura from its longtime owner and plans to convert it to an apartment complex. The firm purchased the property for just under $2.7 million, Justin Egerer, founder and managing member of Sandpiper Capital Partners, said in an email to the Business Times. The property is Read More →
Ceres inks deal to sell plant genetics software
By Stephen Nellis / Tuesday, July 8th, 2014 / Agribusiness, East Ventura County, Technology, Top Stories / Comments Off on Ceres inks deal to sell plant genetics software
Shares of Thousand Oaks-based energy crop firm Ceres were up 8 percent in midday trading on news that the company inked a deal to monetize its genome viewing software through a deal with Bayer CropScience.
Officials discuss gun laws proposed in wake of Isla Vista tragedy
By Staff Report / Monday, July 7th, 2014 / Law & Goverment, South Coast, Top Stories, Tri-County Economy / 1 Comment
In the wake of the May 23 mass murder in Isla Vista, a coalition of public officials has formed to support a set of state and federal gun-control proposals designed to fill “gaps” in the way firearms laws and the mental health system mesh.
Granada Tower fully leased after Peritus deal
By Staff Report / Monday, July 7th, 2014 / Latest news, Real Estate, South Coast / Comments Off on Granada Tower fully leased after Peritus deal
Santa Barbara-based Peritus Asset Management recently signed a long-term lease for the entire fourth floor of the Granada Tower, making the building fully leased.