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By Pacific Coast Business Times Staff / Monday, September 13th, 2010 / Top Stories / Comments Off on Investigation puts Oxnard
Oxnard’s efforts to rebrand itself as an “international city” may suffer as county and federal agents investigate the possible misappropriation of public money and conflicts of interest among city officials. But the ordeal should be “a footnote in history” by the time serious marketing of the new image begins several years from now, business leaders Read More →
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By Pacific Coast Business Times Staff / Monday, September 13th, 2010 / Top Stories / Comments Off on For a song, and $81.5M: L.A. firms buy Serenade apartments.
When the Seranade apartment complex in Oxnard’s RiverPark development was sold Sept. 2 for $81.5 million, it was the biggest apartment sale in Ventura County in years. It was also a bet by its new owners that Oxnard has enough white-collar workers to support the 400-unit luxury complex. Three Los Angeles-area firms — Urban Partners, Read More →
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By Pacific Coast Business Times Staff / Monday, September 13th, 2010 / Top Stories / Comments Off on Real estate firm files for $175M offering
Velocity Commercial Capital plans to raise $175 million in an initial public offering of its stock, a sign that it hopes investors still see money to be made in commercial real estate lending. The Westlake Village-based firm, which originates and acquires small-balance commercial real estate mortgages, filed documents with the U.S. Securities and Exchange Commission Read More →
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By Pacific Coast Business Times Staff / Monday, September 13th, 2010 / Columns / Comments Off on Two more developers in SLO file for bankruptcy protection
It’s not just prominent hotelier John King who’s struggling in San Luis Obispo County. Smaller developers and real estate investors are having a hard time, too. San Luis Obispo-based Barkwood Development filed for Chapter 11 bankruptcy protection in late July, listing $2.4 million in liabilities and $7.5 million in assets. In an unrelated case filed Read More →
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By Pacific Coast Business Times Staff / Monday, September 13th, 2010 / Columns / Comments Off on Bill Thomas
When I saw that former U.S. Rep. Bill Thomas, R-Bakersfield, had been named vice chairman of the Financial Crisis Inquiry Commission, I started paying attention. Thomas is a fiscal policy expert who knows tax law as well as anyone. He is a Republican with the sort of common-sense approach that represents the GOP at its Read More →
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By Pacific Coast Business Times Staff / Monday, September 13th, 2010 / Small Business / Comments Off on Climbing through the clouds: Jeep tour business grows in region's wine hotspots
Cloud Climber Jeeps was one of the first wine country tour companies in Santa Barbara and the Santa Ynez Valley. Now it’s hoping to blaze the trail in Ojai and Paso Robles, too. The company, founded in 1999 by Dave and Sybil DeMauro, offers back-country and wine tours, taking upwards of 5,000 people a year Read More →
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By Pacific Coast Business Times Staff / Monday, September 13th, 2010 / Uncategorized / Comments Off on Advertising innovation the hot topic at MIT Forum
If you thought the advertising business was all smoking, drinking and skinny ties, as it’s portrayed in the AMC series “Mad Men,” think again. The people making the industry tick in the digital age are more likely to be hunkered down behind a computer monitor, perfecting code that serves up an ad to just the Read More →
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