Startup ecosystem alive and well in Tri-Counties
I was struck recently by how rich and diverse our startup community is here in the Tri-Counties. I do my best to get out and about to as many startup events as possible in the region, some days driving from my home in Ventura to remote corners of San Luis Obispo County. A few weeks Read More →
Read More →State’s housing prices too high for middle-income residents
A housing shortage is driving the middle class out of California. Several reports from Next 10 and Beacon Economics illustrated the state’s growing housing to jobs imbalance. Housing prices will continue to climb unless cities and counties increase residential densities and streamline the permitting process, according to the reports. More people are leaving the state Read More →
Read More →Citizens Business Bank finalizes acquisition of County Commerce Bank
Citizens Business Bank finalized its acquisition of County Commerce Bank, the company announced on Feb. 29. In exchange for all of County Commerce’s common stock and options, Citizens paid $41.25 million — half in stock and half in cash. That equates to $16.79 per County Commerce share. County Commerce earned 40 consecutive “Five Star” quarterly Read More →
Read More →LTC Properties beats analyst projections
Westlake Village-based LTC Properties beat analyst projections of rental revenue and funds from operations per share in its fourth quarter earnings report. LTC is a real estate investment trust that buys facilities such as nursing homes. Investors in such companies often use funds from operations as a substitute for earnings per share because it takes depreciation Read More →
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New SEC rules help startups raise capital
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Read More →Baxalta’s fast exit shows need for corporate tax fix
Baxalta, we hardly knew ya. Just six months after it was spun off from parent Baxter International, Baxalta, a major employer in East Ventura County, is to be sold to Shire, an Irish firm. The future of some 1,200 employees in Westlake Village and the Newbury Park area of Thousand Oaks is now uncertain, as Read More →
Read More →Tri-Counties has new appeal for biotech startups
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