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24 tri-county companies earn a spot on national fastest-growing companies list

ParentSquare founder Anupama “Anu” Vaid. The company ranked No. 1,060 in the Inc. 5000 fastest-growing private companies list, generating a three-year revenue growth rate of 559%. (File photo) Two dozen companies based along the Central Coast earned some national recognition after securing a spot on the Inc. 5000’s list of fastest-growing private companies in the
Central Coast Latest News Subscriber Content Top Stories Top Story Tri County Economy

Vital signs: Californians fall prey to investment fraud | Pacific Coast Business Times

A new study published by Carlson Law, a Florida and New York-based investment fraud law firm, found that California ranks No. 1 among the top states to fall privy to investment fraud in 2022, as $869 million was scammed from people living in the state. The study, the first annual, utilized the most recent data
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CRE: Calabasas real estate firm purchases Oxnard building for $7.5 million

The building at 1361 W Channel Island Blvd was purchased by Marcus and Millichap, the firm announced on Aug. 2. (courtesy photo) Marcus & Millichap is purchasing a 37,500-square-foot building for $7.5 million in Oxnard. The building is located at 1361 W Channel Island Blvd and currently houses Esporta Fitness. “This deal was widely marketed,”
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Area leaders react to SBNP's untimely end | Pacific Coast Business Times

The legacy of any once-prominent institution with an unsanctimonious fall from grace is complicated. The Santa Barbara News-Press is no different. Last week, the 155-year-old newspaper unexpectedly filed for Chapter 7 bankruptcy and is still yet to make an announcement about the stoppage in public. No new articles have been posted on the website since
Santa Barbara News Press Latest News Subscriber Content Tri County Economy

Street smarts: Santa Barbara Museum of Art appoints new director | Pacific Coast Business Times

The Santa Barbara Museum of Art has announced the hiring of Amanda Cruz as the Robert and Mercedes Eichholz Director and CEO, beginning on Oct. 30. Cruz's appointment received unanimous approval from the Board of Trustees after an extensive selection process involving community stakeholders, employees, past and present Trustees, and donors, the SBMA announced on
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Student housing continues to post record growth despite economic pitfalls

A report from Yardi Matrix recently found that the student housing sector continues to record strong rent growth and preleasing performance is up slightly year-over-year, the company published on July 20. According to the company’s latest National Student Housing Report, as of June, 86.6% of beds at Yardi 200 universities were preleased for the upcoming
National Student Housing Yardi Matrix National Student Housing Report Latest News Real Estate Subscriber Content

Santa Barbara life sciences company purchased in $600M acquisition | Pacific Coast Business Times

Pennsylvania-based Teleflex is purchasing Palette Life Sciences, a Stockholm-headquartered company with one of its two American offices in Santa Barbara, in order to improve its treatment options. Privately-held Palette specializes in medical products in urology, urogynecology, colorectal conditions, radiotherapy and interventional oncology, and the deal will give Teleflex more medical products in its interventional urology
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Teledyne shares fall despite solid earnings beat | Pacific Coast Business Times

Thousand Oaks-based Teledyne saw shares fall nearly 7% on July 26 following the company’s second-quarter earnings report despite the fact the defense conglomerate delivered both a revenue and earnings beat. Adjusted earnings per share reached $4.67 in the second quarter, beating Zacks Consensus Estimate by 0.9% and beating last year’s bottom line by 5.4%. Accounting
Thousand Oaks Based Teledyne Zacks Consensus Estimate Latest News Subscriber Content Tri County Economy Tri County Public Companies

Vital signs: Unemployment rate takes a steep hike in June | Pacific Coast Business Times

The unemployment rate along the Central Coast took quite a leap from May to June, as the unemployment rate of 3.4% jumped to 3.8%, according to the data released on July 21 from the California Employment Development Department. Ventura County had the highest unemployment rate at 4.2% in June. The county also experienced the highest
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Dubroff: Ventura County biotechs look to unlock billions still at play in industry

The emergence of the Greater Conejo Valley area as a substantial hub for biotech looks like one of the most significant developments since the rapid expansion of the Amgen campus in the early 1990s. Just like Highway 101 itself, the road has not always been smoothed. Construction projects have been shelved here and there, not
Greater Conejo Valley Latest News Subscriber Content Tri County Economy

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