While much media attention in the Tri-Counties has been focused on the Thomas fire and mudslides that shut Highway 101 over the winter, San Luis Obispo County’s tourism economy has been hard hit by a slide-related closure that cut off access to Big Sur and lasted 18 months. A year and a half after a Read More →
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Story updated at 10:20 a.m. Oct. 5: The holding company for Pacific Premier Bank, Pacific Premier Bancorp, has been ranked 21st on Fortune magazine’s Fastest Growing Companies for 2017. The magazine ranks publicly traded companies based on a formula that considers revenue growth rate, earnings per share growth rate and three-year annualized total return for Read More →
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Heritage Oaks Bankcorp said Nov. 29 that state and federal regulatory agencies have terminated a consent order related to the Bank Secrecy Act and anti-money laundering programs at its Heritage Oaks Bank subsidiary. The Paso Robles-based bank is the largest in the region with $2 billion in assets. Heritage Oaks said the Federal Deposit Insurance Read More →
By pacbiztimes / Friday, November 11th, 2016 / Columns, Latest news, Real Estate / Comments Off on Building more affordable housing difficult for tri-county developers
Building affordable housing can be anything but affordable for developers. Developers often need some sort of subsidy for affordable projects to pencil out, given the fact that they will receive below-market rents. Yet, the arena for federal income tax credits is becoming increasingly competitive. Projects are rated on a point system for the Low-Income Housing Read More →
By Marissa Nall / Friday, April 1st, 2016 / right, Tourism / Comments Off on Tri-county independent hotels thrive in today’s tourism market
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