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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
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
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
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
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