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Rupert: IT and finance lead Santa Barbara County growth

By   /  Monday, May 12th, 2014  /  Banking & Finance, Central Coast, South Coast, Tri-County Economy  /  Comments Off on Rupert: IT and finance lead Santa Barbara County growth

Led by “off the charts” growth in the information technology, banking and finance sectors, Santa Barbara County is outpacing California when it comes to economic growth.

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Updated: Chumash Casino yanks Clippers deal over Sterling scandal

By   /  Monday, April 28th, 2014  /  Central Coast, Latest news, Tri-County Economy  /  Comments Off on Updated: Chumash Casino yanks Clippers deal over Sterling scandal

“We absolutely agree and support NBA Commissioner Adam Silver’s decision today,” Vincent Armenta, tribal chairman of the Santa Ynez Band of Chumash Indians, said in a statement on Tuesday.

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Vandenberg apartments sell in Lompoc area’s largest deal in 3 years

By   /  Monday, March 31st, 2014  /  Central Coast, Latest news, Real Estate, Top Stories, Tri-County Economy  /  1 Comment

  A 122-unit apartment complex near Vandenberg Air Force Base in Lompoc has been sold after listing for $14 million. The sale of the Vandenberg Garden Apartments marks the largest sale of multifamily property in north Santa Barbara County since La Vista in Santa Maria changed hands in 2011 for $42 million, according to Radius Read More →

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South Coast golfers trod parched courses amid drought

By   /  Friday, March 7th, 2014  /  Agribusiness, Central Coast, East Ventura County, Features, Green Coast, South Coast, Top Stories, Tourism, Tri-County Economy, West Ventura County  /  Comments Off on South Coast golfers trod parched courses amid drought

Rancho San Marcos, a par 71 course in the Santa Ynez Valley, said dry conditions are affecting business. The course’s general manager told the Business Times that the number of rounds played at the course is at 10 percent of normal. (Alex Drysdale / Business Times photo)

Some of the greens on the South Coast are starting to look a little brown as regional golf courses cut back on watering amid California’s worsening three-year drought.

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Belt tightening: Amid drought, food banks face bare cupboards

By   /  Friday, March 7th, 2014  /  Agribusiness, Central Coast Health Watch, Features, Nonprofits, Top Stories  /  Comments Off on Belt tightening: Amid drought, food banks face bare cupboards

Erik Talkin, CEO of the Foodbank of Santa Barbara County. Its cooler shelves are down to 75 percent of usual capacity of fresh produce as farmers donate less during the drought. (Alex Drysdale / Business Times photo)

Demand is up at the region’s food banks, and supply is down. In the for-profit world, those two factors would mean higher prices, but since food banks give away their products, their cupboards are starting to look a bit bare.

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Templar banks on grapes: Asset-based lender launches winery arm

By   /  Friday, February 21st, 2014  /  Banking & Finance, Banking Industry, Central Coast, Top Stories, Tri-County Economy, Wine & Viticulture  /  Comments Off on Templar banks on grapes: Asset-based lender launches winery arm

Templar Capital does asset-based lending and recently launched Vintners Capital, a lending arm that caters specifically to wine-related businesses by lending against wine-club subscriptions and equipment, along with other collateral.

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Sanford, free of debt, looks to future at Alma Rosa Winery

By   /  Friday, February 21st, 2014  /  Central Coast, South Coast, Top Stories, Tourism, Tri-County Economy, Wine & Viticulture  /  Comments Off on Sanford, free of debt, looks to future at Alma Rosa Winery

Richard Sanford, free of a crushing debt burden, says he is excited about the future of Alma Rosa Winery and Vineyards and his role there, even though he has lost ownership.

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