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By Marlize van Romburgh / Monday, November 15th, 2010 / Columns, Green Coast, Real Estate / Comments Off on Santa Barbara gets a bit greener with new City Ventures project
Santa Barbara is now home to the largest green development of single-family homes in the country. Santa Ana-based developer City Ventures broke ground Nov. 10 on a 48-townhome project in Santa Barbara’s East Beach area. Dubbed the Santa Barbara East Beach Collection, the project is striving for LEED Platinum certification from the U.S. Green Building Read More →
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By Marlize van Romburgh / Tuesday, November 9th, 2010 / Latest news / Comments Off on Ex-CEO shares Trader Joe’s secrets
Speaking in Thousand Oaks on Nov. 9, former Trader Joe’s CEO John Shields offered up business advice and anecdotes from his thirteen years spent heading up what Fortune magazine recently called “the hottest and most secretive retailer in America.” Shields, who guided Trader Joe’s growth from 27 to 174 stores and from $132 million to Read More →
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By Marlize van Romburgh / Monday, November 8th, 2010 / Columns, Real Estate / Comments Off on Entitlements done, Investec finds $10M exit from Carpinteria property
The 12-acre residential portion of Carpinteria’s Lagunitas mixed-use project recently sold for $10 million, a move the seller says frees it up to focus on what it does best. “I am not as enamored with building as I am with entitling and getting things approved,” Ken Slaught, president of Investec Real Estate Companies, told the Read More →
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By Marlize van Romburgh / Monday, November 8th, 2010 / Features, Top Stories / Comments Off on SLO mortgage lenders file personal bankruptcy
The former president of now-defunct mortgage lender Cameron Financial Group has filed for personal bankruptcy, listing $33.1 million in debts and $2.6 million in assets. E. Shannon Faries and his wife, Olivia Faries, filed for Chapter 7 bankruptcy on Sept. 29, listing mostly debts from their now-bankrupt company, which was based in San Luis Obispo. Read More →
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By Marlize van Romburgh / Monday, November 8th, 2010 / Features, Small Business / Comments Off on Sweet success: Region’s candy firms expand
The shelves at Kingston’s Candy Co. are stacked with enough Pixy Stix, Gummi Bears, Abba Zabbas, Moon Pies, bubblegum, Smarties and chocolate bars to make Willy Wonka himself proud. “Nine months ago I was in the corporate world, and here I am having fun in candy land,” owner Sarah Jaimes says from behind a center Read More →
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By Marlize van Romburgh / Monday, November 8th, 2010 / Banking & Finance, Banking Industry, Top Stories / Comments Off on Banks in no rush to repay TARP money
Two years after the U.S. Treasury Department rolled out its Troubled Asset Relief Program, the federal rescue plan for banks, eight of the nine banks based in the Tri-Counties that took those funds have not yet repaid them. The one bank in the region that has repaid its TARP funds — Santa Barbara-based Pacific Capital Read More →
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By Marlize van Romburgh / Monday, November 1st, 2010 / Columns, Real Estate / Comments Off on It’s a slow recovery all over the region in commercial real estate
Commercial real estate firms are also rolling out their third-quarter market reports.
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