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Developers forecast a long cycle for hotel investments

By   /  Friday, October 31st, 2014  /  Latest news, Real Estate, Subscriber content, Top Stories, Tourism  /  Comments Off on Developers forecast a long cycle for hotel investments

Tourism activity in wine country and an influx of foreign visitors are driving the interest of developers from inside and outside the Tri-Counties.

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Monterey Court approves sale of area Marriott hotel group

By   /  Friday, October 24th, 2014  /  Columns, Latest news, Real Estate, Top Stories  /  Comments Off on Monterey Court approves sale of area Marriott hotel group

According to Trigild CEO Bill Hoffman, the properties were held in a family trust and sold for an undisclosed price after Monterey California Superior Court Judge, the Honorable Susan J. Matcham, ruled in favor of the sale, overruling the objections of some of the trust beneficiaries.

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Citrix expands South Coast holdings with RightSignature acquisition

By   /  Monday, October 20th, 2014  /  Latest news, Technology, Top Stories  /  Comments Off on Citrix expands South Coast holdings with RightSignature acquisition

Multinational software firm Citrix Systems announced today it has bought RightSignature, a Web-based signature capture and document management service based in Santa Barbara. Terms of the deal were not disclosed.

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The Habit aims to beef up sales with IPO filing

By   /  Friday, October 17th, 2014  /  Latest news, Top Stories  /  Comments Off on The Habit aims to beef up sales with IPO filing

Founded in Goleta in 1969, the fast-casual concept will capitalize on the national attention garnered by its burgers.

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Orcutt Marketplace moves ahead with PB at the helm

By   /  Friday, October 3rd, 2014  /  Latest news  /  Comments Off on Orcutt Marketplace moves ahead with PB at the helm

A 24.5-acre site in Orcutt near the Clark Street Exit off Highway 101 that’s been stuck in the development starting blocks since 2007 could soon find its legs.

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Schaff buys Goleta offices from Towbes for $26.4M

By   /  Monday, September 22nd, 2014  /  Real Estate, South Coast, Top Stories, Tri-County Economy  /  Comments Off on Schaff buys Goleta offices from Towbes for $26.4M

  South Coast real estate investor Victor Schaff has purchased a 120,000-square-foot-property in Goleta for $26.4 million. The property, which includes two 60,000-square-foot office buildings on a 10-acre parcel at 75 Coromar Drive in the Raytheon Business Park, was sold by Santa Barbara-based Towbes Capital Partners, the private-equity real estate affiliate of The Towbes Group. Read More →

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Adornetto named TMP entrepreneurship director at UCSB

By   /  Friday, September 19th, 2014  /  South Coast, Technology, Tri-County Economy  /  Comments Off on Adornetto named TMP entrepreneurship director at UCSB

Longtime South Coast technology executive Dave Adornetto has been picked to lead UC Santa Barbara’s successful startup contest. The entrepreneurship program is the largest collegiate business-pitch contest in the region and is part of UCSB’s Technology Management Program. The flagship event of the entrepreneurship program, the annual New Venture Competition, is a major on-campus happening. Read More →