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State order targets PRstore sales pitch

By   /  Thursday, August 27th, 2009  /  Top Stories  /  Comments Off on State order targets PRstore sales pitch

[Editor’s note: This story appeared in the Aug. 21 print edition of the Business Times. Ira Distenfield’s response, attached below, will appear in the Aug. 28 print edition. Source documents used to report this story are also attached below.] Ira Distenfield, the Santa Barbara man who built up and sold legal services franchise We the Read More →

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Waiting estates

By   /  Monday, August 24th, 2009  /  Top Stories  /  Comments Off on Waiting estates

Developer Erik Behman faces an Aug. 24 deadline to get his allegations that San Luis Obispo County officials tripped up his 77-lot project before a state appeals court. “This appeal can pull Maria Vista Estates out of its Chapter 7 bankruptcy,” Benham wrote in motion to the bankruptcy court asking to let him take over Read More →

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Dole IPO gets nod at Inphi

By   /  Monday, August 24th, 2009  /  Top Stories  /  Comments Off on Dole IPO gets nod at Inphi

In coming months, investment bankers and fast-growing start-ups, including a few from the Tri-Counties, will be hoping the initial public offering market literally goes bananas. In what analysts say will be a bellwether for whether the IPO markets are back from the dead, Westlake Village-based Dole Food Co. filed regulatory papers Aug. 14 to raise Read More →

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Pacificor, Terminator producers wrangle in court

By   /  Friday, August 21st, 2009  /  Top Stories  /  Comments Off on Pacificor, Terminator producers wrangle in court

Santa Barbara-based hedge fund Pacificor has grappled with hard-money lenders and auto-parts firms. Now it’s going up against the Terminator. The producers who own the Terminator franchise – whose “Terminator Salvation” film, released earlier this summer, raked in $370 million at the box office but hasn’t yet come out on DVD – filed for Chapter Read More →

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Looking for company

By   /  Friday, August 21st, 2009  /  Top Stories  /  Comments Off on Looking for company

As California Polytechnic State University, San Luis Obispo, mulls bringing a master’s of business administration program to Santa Barbara, business schools around the Tri-Counties say demand for the degree is booming because of a down economy and that their satellite campuses are going strong. Cal Poly said Aug. 12 that it plans to conduct a Read More →

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AppFolio gains $8M more in venture capital

By   /  Tuesday, August 18th, 2009  /  Top Stories  /  Comments Off on AppFolio gains $8M more in venture capital

Santa Barbara-based software firm AppFolio has gained another $8 million in venture capital. The investment came from the Investment Group of Santa Barbara, one of the company’s existing investors. It brings the total venture capital raised by the Web-based software company since last year to $30 million, more than any other investments disclosed by tri-county Read More →

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FDIC deadline looms for Affinity Bank

By   /  Monday, August 17th, 2009  /  Top Stories  /  Comments Off on FDIC deadline looms for Affinity Bank

Mark your calendars, bank watchers. Aug. 20 could be a big day for Ventura-based commercial real estate lender Affinity Bank. That’s the day the bank will have to show state and federal regulators that it’s either raised a lot of money, shed a lot of troubled loans or come up with some other way to Read More →