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Big leases drove South Coast commercial market in Q2

By   /  Friday, August 3rd, 2012  /  Columns, Real Estate  /  Comments Off on Big leases drove South Coast commercial market in Q2

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Nesbitt hotels file $100M bankruptcy

By   /  Thursday, August 2nd, 2012  /  Banking & Finance, Personal Finance, Real Estate, Top Stories, Tourism  /  Comments Off on Nesbitt hotels file $100M bankruptcy

[Editor’s note: See correction appended below.] Santa Barbara hotelier Patrick Nesbitt has placed a portfolio of eight Embassy Suites hotels into Chapter 11 bankruptcy, listing at least $100 million in debts. The bankruptcy filing, which gives Nesbitt’s companies protection from creditors while they restructure their debts, arises from a dispute with a lender over a Read More →

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Nonprofit wins national award

By   /  Wednesday, August 1st, 2012  /  Latest news, Nonprofits  /  Comments Off on Nonprofit wins national award

Fun In the Sun, an educational program developed by United Way of Santa Barbara County, has won  the National Summer Learning Association’s top award for 2012. The award given by a Baltimore-based group was developed as a way of spotlighting programs that excel in closing the so-called “achievement gap,” the widening difference in scores between Read More →

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Make It Work ran out of gas on Mini leases

By   /  Friday, July 27th, 2012  /  Small Business, Technology, Top Stories  /  1 Comment

Make It Work’s signature red Mini Coopers may have been the key to the company’s undoing when the vehicle’s owners sued for $26,546 in back lease payments on them. The Santa Barbara-based tech support firm closed its doors on June 25, putting two dozen technicians out of work and leaving behind a trail of angry Read More →

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Easing the pain of NDAs: AppFolio launches digital data service for sensitive files

By   /  Friday, July 27th, 2012  /  Features, Technology  /  Comments Off on Easing the pain of NDAs: AppFolio launches digital data service for sensitive files

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A new brew: Santa Barbara entrepreneurs invent frozen coffee product

By   /  Friday, July 27th, 2012  /  Features, Small Business  /  Comments Off on A new brew: Santa Barbara entrepreneurs invent frozen coffee product

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As merger looms, PCBC marks profits

By   /  Thursday, July 26th, 2012  /  Banking & Finance, Banking Industry, Earnings, Top Stories, Tri-County Public Companies  /  Comments Off on As merger looms, PCBC marks profits

Santa Barbara Bank & Trust parent Pacific Capital Bancorp earned $24.1 million, or 73 cents per diluted share, in the second quarter of 2012 compared with $21 million the year before. The company, which is in the process of being bought by Union Bank, said the profits were its highest since Texas-based Ford Financial Group Read More →

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