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Investing in Main Street: Hutton Parker Foundation chief details real estate strategy

By   /  Friday, October 25th, 2013  /  Nonprofits, Op/Eds, Opinion  /  Comments Off on Investing in Main Street: Hutton Parker Foundation chief details real estate strategy

When it comes to commercial real estate and investing in commercial property, Tom Parker is just about the smartest guy in any room, anywhere.

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Montecito investor gets sentencing date as ex-wife seeks bankruptcy

By   /  Friday, October 25th, 2013  /  Banking & Finance, Law, Real Estate, Top Stories  /  Comments Off on Montecito investor gets sentencing date as ex-wife seeks bankruptcy

David Prenatt, the Montecito real estate investor who took in $18 million from more than a dozen people and then used the cash to support what a bankruptcy trustee called “lavish spending habits,” is headed for a sentencing in federal criminal court on Dec. 9.

Prenatt struck a deal with federal prosecutors this summer and pleaded guilty to giving false loan application information to Lompoc-based CoastHills Federal Credit Union. Prenatt’s creditors forced him into an involuntary bankruptcy proceeding in 2009. Earlier this fall, his former wife Maria Prenatt filed for personal bankruptcy claiming $27.1 million in debts.

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Santa Barbara tourist hostel sells as developers eye lower State St.

By   /  Friday, October 25th, 2013  /  Columns, Real Estate, South Coast, Tourism  /  Comments Off on Santa Barbara tourist hostel sells as developers eye lower State St.

“We were drawn [to the property] by the proximity to the Amtrak station and lower State Street, but really the hostel is in its own class for budget-savvy kinds of travelers and international students,” said Jared Filippone, a vice president with Capitoline Properties, which recently purchased the hostel.

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The art of advertising: PureClick keeps an eye on Google

By   /  Friday, October 18th, 2013  /  Features, Technology  /  Comments Off on The art of advertising: PureClick keeps an eye on Google

Internet veteran Tim Rodgers founded PureClick with a simple goal. Google’s display advertising networks offer to place banners and ads on thousands of websites across the Internet, playing a sort of matchmaker by putting those ads next to what it deems to be the most relevant content. PureClick aims to let advertisers double-check Google’s work.

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RingRevenue dials up new software focus

By   /  Friday, October 18th, 2013  /  Technology, Top Stories  /  Comments Off on RingRevenue dials up new software focus

RingRevenue, the region’s fastest-growing company last year, has rebranded itself with a focus on its marketing software for corporate customers and added an executive from Salesforce.com’s acquisition team to its board of directors.

The Santa Barbara company’s new name will be Invoca. The firm makes a software platform that lets marketers insert unique telephone numbers into campaigns and then filter, track and give credit for incoming calls.

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Santa Barbara firm investing millions in out-of-state projects

By   /  Friday, October 11th, 2013  /  Columns, Real Estate  /  Comments Off on Santa Barbara firm investing millions in out-of-state projects

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Strolling into a bigger market: SeaVees opens first company-owned showroom

By   /  Friday, October 11th, 2013  /  Features, Small Business  /  Comments Off on Strolling into a bigger market: SeaVees opens first company-owned showroom

As corporate relocations go, this was a minor one. SeaVees, the shoe company that resurrected a 50-year-old brand name a few years ago, recently moved its headquarters about a block and a half in downtown Santa Barbara.

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