Dalidio
Ernie Dalidio has not always been lucky with his San Luis Obispo Marketplace project. He’s been thumped by bureaucrats, stumped by politicials, delayed, distracted and was forced to spend big bucks on a referendum to get his project passed. But Dalidio’s luck may be changing and the SLO Marketplace may yet come to fruition as Read More →
Read More →Santa Barbara weighs the meaning of high-rise
It’s the 40th anniversary of Woodstock, and all across the city of Santa Barbara, aging baby boomers are debating a serious question: How high can we get in this city? We’re not talking about the strength of the marijuana at the local dispensary or the true meaning of Sly and the Family Stone lyrics. We’re Read More →
Read More →Ventura County vacancies low in first half, despite recession
The struggling rental market is sometimes forgotten in all the housing market hoopla, but that’s exactly what NAI Capital’s mid-year report explores. The Los Angeles-based firm said downward pressure in the single-family residence market has created a small boom in the rental market, effectively stalling the rise in vacancies. “Although we have seen little Read More →
Read More →Analysts: Second half critical for PCBC
The next two quarters could be the most important in Santa Barbara-based Pacific Capital Bancorp’s history. The parent of Santa Barbara Bank & Trust and four other banking franchises on the Central Coast, Pacific Capital said July 30 that it suffered a $362 million loss in the second quarter. That news followed 300 job cuts Read More →
Read More →Hertel tells tale of ruin
Developer Ronald W. Hertel said he likely made payments for his planes, a 130-foot yacht, a horse ranch and more than a dozen mortgages from the accounts of Ventura-based R.W. Hertel & Sons. In January, a group of creditors forced R.W. Hertel & Sons into an involuntary Chapter 7 bankruptcy. Just what R.W. Hertel & Read More →
Read More →UCSB
The next few months could make or break UC Santa Barbara’s new Economic Forecast Project. Currently operating with a skeleton crew, UCSB officials had hoped to hire a new executive director by early September. But now it looks like a rocky startup process might be in store for the project. When economic forecasting guru Bill Read More →
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