The freshest news in Goleta is that Happy Harry’s Produce Market is looking for new owners as three longtime partners split ways. Located at 7020 Calle Real, near the Glen Annie and Storke Road exit off Highway 101, the green grocer and all-natural foods store is on the market for just under $2.4 million. The Read More →
Veteran community banker James W. Lokey has been appointed to the board of Community West Bancshares, bringing a veteran dealmaker into the Community West ranks and strengthening the Goleta-based bank’s push into San Luis Obispo County. Lokey, a resident of SLO County, was the longtime CEO of Mid-State Bank & Trust and negotiated that bank’s Read More →
Goleta-based Appfolio, which makes property management software for small- to medium-sized real estate managers, held its initial public offering Friday and the stock ended that day up 17.3 percent at $14.08. Appfolio stock dropped slightly on Monday, closing down 2.70 percent at $13.70. Appfolio offered 6.2 million shares of Class A common stock for $12 Read More →
Goleta-based Transphorm has received a $70 million investment. Transphorm, an early stage semi-conductor company focused on creating ways to convert electricity more efficiently, announced the investment Monday, which was led by global investment firm KKR. Transphorm will use the money to fund product innovation and expansion projects. “By merging the technological leadership of Transphorm with Read More →
Goleta-based Community West Bancshares, parent company of Community West Bank, today announced that it has reached a settlement with Residential Funding Company. The June 8 settlement resolves the litigation between the two financial firms concerning residential mortgage loans sold to RFC. Under the settlement, Community West Bank has agreed to pay RFC $7.5 million, which Read More →
Plains All American Pipeline is taking a page straight out of BP’s oil spill response playbook, according to at least one attorney with firsthand experience in oil spill litigation. Thomas Young, a Tampa-based attorney who went to work trying to secure claims for clients in the aftermath of the BP Deepwater Horizon disaster, told the Read More →
Seek Thermal was getting too big for its britches at its former headquarters just off Calle Real in Goleta, so the company recently sized up to 10,000-plus square feet of space at 111 Castilian Drive. The company, which makes thermal imaging devices for the consumer market, is effectively doubling its footprint in its move from Read More →
