SLO dusts off final draft of economic growth plan
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Read More →School officials say Cuesta is working through its problems
“We have a new dynamic in terms of getting things done.”
Read More →Oxnard Marriott sold for $11.4M
Nearly two years after a court appointed a receiver to take control of the Courtyard by Marriott in Oxnard after it was foreclosed upon, the hotel has been sold for $11.4 million. HREC Investment Advisors, a hospitality real estate advisory firm based in Denver and Los Angeles, arranged the sale of the 166-room hotel. The Read More →
Read More →UTC unloads Clipper to private equity firm
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Read More →TOLD Corp. founder Jack Gilbert dies
Ventura County business leader and philanthropist Jack Gilbert has died. He was 91. In 2010, Gilbert was an inaugural member of the Pacific Coast Business Times’ Business Hall of Fame, an honor which recognized him for his role as a developer in Ventura County and for his part in leading Thousand Oaks’ emergence as a Read More →
Read More →K-Swiss profits fall as sales down 32%
Athletic shoemaker K-Swiss stumbled into another large loss in the second quarter as its worldwide sales plummeted by almost one-third. The Westlake Village-based company reported an $11.6 million loss, compared to a loss of $20 million in the same quarter a year earlier. Worldwide revenue fell 31.5 percent to $44.8 million during the quarter. U.S. Read More →
Read More →PacWest closes American Perspective deal
PacWest Bancorp has wrapped up its $58.1 million acquisition of San Luis Obispo-based American Perspective Bank. The deal adds two branches, a loan production office and about $271 million in assets to Los Angeles-based PacWest’s portfolio and expands its reach up the Central Coast. The deal, first announced in April, trumped an earlier offer for Read More →
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