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Plains All American Pipeline faces class action lawsuit by property owners over Refugio oil spill

By   /  Thursday, June 25th, 2015  /  Energy, Latest news, Law, South Coast, Top Stories, Tourism  /  Comments Off on Plains All American Pipeline faces class action lawsuit by property owners over Refugio oil spill

Litigation over the May 19 Plains All American Pipeline spill off the Gaviota Coast gained a powerful combatant on June 24 when former Santa Barbara City Attorney Barry Cappello said he’d filed a class action lawsuit on behalf of 3,000 property owners from Point Conception to the Mexico border. Capello’s lawsuit comes as tar balls Read More →

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Carpinteria office campus sale largest deal this year

By   /  Wednesday, June 24th, 2015  /  Latest news, Real Estate, South Coast, Top Stories  /  Comments Off on Carpinteria office campus sale largest deal this year

Santa Monica-based Montana Avenue Capital Partners purchased the 118,394-square-foot oceanfront office campus at 6303-6309 Carpinteria Ave. in Carpinteria in a record setting deal, according to brokers who worked on the deal. The sale price was not disclosed, although the property was listed for $32.5 million. Francois DeJohn and Steve Hayes of Hayes Commercial Group represented Read More →

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State Street becoming factory outlet center

By   /  Friday, June 19th, 2015  /  Latest news, Opinion, Real Estate, Small Business, South Coast, Top Stories, Tourism, Tri-County Economy  /  Comments Off on State Street becoming factory outlet center

It was a retail icon, a testament to the 1990s rise of State Street in Santa Barbara as a shopping mecca. The very name oozed luxury and aspiration. Saks Fifth Avenue. And soon it will be gone. The property at the corner of State and Carrillo streets in the 1000 block of the center of Read More →

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Group tackles broadband in Tri-Counties

By   /  Friday, June 19th, 2015  /  Central Coast, Latest news, South Coast, Technology, Top Stories, Tri-County Economy  /  Comments Off on Group tackles broadband in Tri-Counties

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Plains has spent more than $60 million on Refugio oil spill cleanup

By   /  Friday, June 12th, 2015  /  Central Coast, Energy, South Coast, Top Stories, Tourism  /  Comments Off on Plains has spent more than $60 million on Refugio oil spill cleanup

Plains All American Pipeline, the company responsible for spilling thousands of gallons of crude oil on the Gaviota Coast, said Friday it has spent more than $60 million on clean up efforts to date. There is no timeline on how long it will take to call the response complete, but the most recent update from Read More →

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Goleta’s Community West Bancshares settles with Residential Funding Company

By   /  Friday, June 12th, 2015  /  Banking & Finance, Banking Industry, Latest news, South Coast, Top Stories, Tri-County Public Companies  /  Comments Off on Goleta’s Community West Bancshares settles with Residential Funding Company

Goleta-based Community West Bancshares, parent company of Community West Bank, today announced that it has reached a settlement with Residential Funding Company. The June 8 settlement resolves the litigation between the two financial firms concerning residential mortgage loans sold to RFC. Under the settlement, Community West Bank has agreed to pay RFC $7.5 million, which Read More →

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Jail time unlikely for Plains executives

By   /  Friday, June 12th, 2015  /  Energy, Latest news, South Coast, Technology, Top Stories, Tourism, Tri-County Economy  /  Comments Off on Jail time unlikely for Plains executives

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