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RRM Design Group merges with Peikert Group Architects

By   /  Tuesday, July 2nd, 2013  /  Latest news  /  Comments Off on RRM Design Group merges with Peikert Group Architects

San Luis Obispo-based RRM Design Group and Santa Barbara-based Peikert Group Architects announced July 1 that the two architecture firms are becoming one. In the wake of the merger, PGA will continue to operate in Santa Barbara as an RRM company under the name of Peikert+RRM Design Group. RRM, for its part, will continue to Read More →

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New Tahitian Apartments in IV sells for $14M

By   /  Monday, July 1st, 2013  /  Latest news  /  Comments Off on New Tahitian Apartments in IV sells for $14M

The New Tahitian Apartments, a 63-unit building in Isla Vista, has been sold to an investor in the region for $14.3 million. The deal is the largest sale of a multi-family property on the South Coast so far this year, according to a news release from Santa Barbara-based Radius Commercial Real Estate & Investments, which Read More →

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SLO County mourns loss of Supervisor Paul Teixeira

By   /  Thursday, June 27th, 2013  /  Latest news  /  Comments Off on SLO County mourns loss of Supervisor Paul Teixeira

The Central Coast received a bit of a shock June 27 when we learned that Paul Teixeira, the 4th District Supervisor for San Luis Obispo County, had passed away the night before from an apparent heart attack. Teixeira, who was just 57, was serving as chair of the board of supervisors at the time of Read More →

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Nordman Cormany to shut down

By   /  Friday, June 21st, 2013  /  Latest news, Law  /  Comments Off on Nordman Cormany to shut down

Oxnard-based Nordman Cormany Hair & Compton, the largest law firm in the region as recently as 2011, has dissolved after more than 75 years in business. The firm said a number of retirements and departures over the last few years have forced it to close its doors this summer. “We are proud of our firm’s Read More →

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Under pressure to sell itself, Vitesse plans $30M stock offering

By   /  Wednesday, June 19th, 2013  /  Banking & Finance, Latest news, Technology, Tri-County Public Companies  /  Comments Off on Under pressure to sell itself, Vitesse plans $30M stock offering

Shares of Camarillo-based Vitesse Semiconductor Corp. were down 15 percent to $2.30 in mid-day trading June 19 as the company announced a public stock offering to raise up to $30 million. The move comes as the company faces pressure from Columbia Pacific Advisors, an investment firm that owns nearly 10 percent of Vitesse, to sell Read More →

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Cottage, Sansum explore merger

By   /  Tuesday, June 18th, 2013  /  Latest news, Nonprofits, Tri-County Economy  /  Comments Off on Cottage, Sansum explore merger

Sansum Clinic and Cottage Health System, already the largest health care providers on the South Coast, plan to merge. The two organizations said June 18 that they are exploring options to combine the two organizations, which each employ thousands of people and see tens of thousands of patients a year. The deal would combine Cottage Read More →

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SBNC raises $50K after call for funding

By   /  Thursday, June 13th, 2013  /  Central Coast Health Watch, Latest news, Nonprofits  /  Comments Off on SBNC raises $50K after call for funding

After an urgent call for funding from the community two weeks ago, the nonprofit Santa Barbara Neighborhood Clinics said it has received more than $50,000 from community groups and philanthropists. At a press briefing on May 22, the group said it was in a “financial emergency” and would have to close its doors by the Read More →

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