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Ventura nonprofit makes rowing more accessible to community | Pacific Coast Business Times

Eric Gillett, co-founder of the nonprofit, coaching the varsity boys team at Lake Casitas. (courtesy photo) Growing up, rowing gave purpose to Eric Gillette’s life. “Rowing changed my life,” he told the Business Times on Oct. 6. “It gave me direction, focus, goals. “And it did so much for me, I wanted to be able
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Reagan Foundation to benefit from hosting GOP debate | Pacific Coast Business Times

Pro immigration demonstrators down the hill from the Reagan Library in Simi Valley prior to the Sept. 27 Republican presidential debate. (Mike Harris / PCBT Staff) Hosting Republican presidential debates at the Ronald Reagan Presidential Library in Simi Valley, like the most recent one on Sept. 27, always benefit the Reagan Foundation, the nonprofit that
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Portfolio watch | Pacific Coast Business Times

Will the non-shutdown lead to a pop in equities after a weak Q3? Capital Group writes that over the years, “there was little consistency in how the market reacted, either before or after the shutdowns.” While pullbacks in advance of shutdowns are fairly common, markets have risen during shutdowns themselves on two occasions. Meanwhile, after shutdowns, the
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CRE: Money secured for motel refitting project in Oxnard | Pacific Coast Business Times

Community Development Partners and Mercy House, co-developers on a new project aimed at reforming the Vagabond Inn Motel as a permanent supportive housing facility, have closed financing on the project since September. The California Statewide Communities Development Authority has issued more than $20 million in tax-exempt, multifamily, affordable housing bonds to finance the conversion. The
United States Community Development Partners California Statewide Communities Development Authority Vagabond Inn Motel Mercy House Latest News

Dubroff: Five ways the Sutter purchase will shake up Tri-County healthcare

Now that the Sansum Clinic-Sutter Health merger is a done deal, it’s time for a look at what the transaction tells us about the region’s incredibly complex healthcare system — and what happens next. Here are five things to consider: • Don’t discount the fact that the stealth factor in this merger was the high
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Private bank to open first Santa Barbara location | Pacific Coast Business Times

1st Century Bank's headquarters in West Los Angeles. (courtesy photo) The fallout from the failure of Silicon Valley Bank and the banking crises that spun out from that led to the departure of some regional banks — like First Republic — but it also brought opportunity for some others. 1st Century Bank, a division of
Los Angeles Silicon Valley Bank Century Bank West Los First Republic Banking Amp Finance

Santa Barbara firm partners with UCLA for new cancer treatments | Pacific Coast Business Times

A chemistry lab at CancerVax’s Santa Barbara headquarters. (courtesy photo) Ryan Davies knows a thing or two about building a company from the ground floor up. He has co-founded several biotech and technology businesses over the years, including a medical device firm and an antibiotic development enterprise. And now, he’s co-founded his current venture, CancerVax,
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Teledyne's growth through acquisition strategy meets the test | Pacific Coast Business Times

Thousand Oaks-based Teledyne Technologies keeps managing to grow its business through acquisitions. The defense conglomerate announced that it has entered into an agreement to acquire Xena Networks ApS, headquartered outside of Copenhagen, Denmark, and a leading provider of high-speed Terabit Ethernet validation, quality assurance, and production test solutions, for an undisclosed amount on Oct. 3. Teledyne CEO
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CRE: Financial backing secured for housing developments across Central Coast

By Staff Report JLL Capital Markets, a full-service global provider of capital solutions for real estate investors and occupiers, announced that it had secured financial backing for two projects across the Central Coast on Sept. 20. Based in Irvine, JLL Capital Markets announced that it arranged $43.24 million in financing for Varenita of Westlake, an 86-unit assisted living
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Street smarts: Beware of skimmer scams at area gas stations | Pacific Coast Business Times

The Santa Barbara County Agricultural Commissioner’s Office/Department of Weights and Measures is warning of the dangers of “skimmers” after being notified of an couple of scam instances over the past month. On Sept. 5, the department’s Consumer Protection Division was notified by a local gas station that an external keypad and card swipe skimmer were removed
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