CRE: San Luis Obispo hotel acquired by StonePark Capital
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Amgen sued for allegedly concealing $10B tax bill from investors
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Affordable housing will be key for economic recovery in Ventura County
While Ventura County is facing a slow post-pandemic economic recovery, there‘s reason to be more optimistic about the long term, according to the Center for Economic Research and Forecasting at Cal Lutheran. “There’s a fundamental change in attitudes (by cities) about growth – that we can achieve balance between jobs, housing and the environment to Read More →
Limoneria cuts down debt with sale of Tulare property for $100M
The future of Santa Paula-based Limoneira came into sharper focus on Feb. 1 when the company sold a major agribusiness holding in the Tulare area for $100 million, recouping $99 million in cash while also reaching an agreement to grow, pack and market lemons produced on the property. PGIM Agricultural Investments, a unit of PGIM Read More →
Community Memorial rebrands to signal a new era
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Housing projects in Ventura are well-funded but need to happen quicker
The Housing Trust Fund of Ventura County has made impressive progress over the last year in its move to develop affordable housing units throughout the county. At its annual meeting on Jan. 18, HTFVC described the steps they’ve taken to ensure future housing projects as well as the state of current projects. Alexander Russell, HTFVC’s Read More →
Region’s unemployment rate dips back below 3%
The unemployment rate across all three counties along the Central Coast dipped in the month of December, according to data released on Jan. 20 by the California Employment Development Department. Combined, the tri-county area had an unemployment rate of 2.9% in the month of December, down from 3.2% in the month of November. It is Read More →
