Business & Real Estate


Los Altos Hills

25333 La Loma Drive, Kersten Trust to C. & K. Welborn for $3,095,000

27724 Via Cerro Gordo, Rosso Trust to Sambucetto Management for $2,050,000


Your 2015 stock market game plan

It’s been a maddening month because of oil and gas, especially in stocks and bonds. Then, consumer spending pushed stocks higher Thursday, easing investors’ jitters about the global economy and prompting them to consider how to invest in stock activity in 2015.

Volatility continues in the market even though consumer discretionary stocks are the biggest gainers. However, the time has arrived for expert predictors in economics and finance to start throwing their darts and forecast the market’s future.



Los Altos

1287 Fremont Avenue, I. Chico to M. & R. Sarin for $2,901,000

2737 Ramos Court, Cappelletti Trust to C. & P. Pires for $1,703,000


Business Brief


Investment group CEO named Entrepreneur of the Year

Traders Magazine recently named Stanford Investment Group Inc. (SIG) President and CEO Helen A. Dietz its Entrepreneur of the Year. The award is presented annually to an individual who pursues and succeeds in new ventures or businesses in financial markets.

“I’m truly honored to be named Entrepreneur of the Year,” said Dietz, who joined the Mountain View-based investment group in 1987 and became president and CEO in 2004. “This award is a reflection of the entire Stanford Investment Group team’s passion for our industry and commitment to our clients,” she said.


Last call for Maltby's Public House?: Longtime downtown restaurant unlikely to renew its lease

Town Crier File Photo
James Maltby, left, faces the likely closure of his 17-year-old downtown establishment, Maltby’s Public House, in January.

A longtime downtown Los Altos establishment may be in its final days of existence.

Maltby’s Public House owner James Maltby told the Town Crier that he will likely close his 17-year-old restaurant at 101 Plaza North after he couldn’t come to terms on a new lease agreement with his landlord last week. Maltby noted that a new lease agreement would have included a significant increase in his monthly rent payment. Maltby said he’s currently paying just shy of $11,000 per month, which he called “already a stretch.”


Stocks continue to set new highs

Investors tracking the Standard & Poor’s 500 index should feel good – it gained more than 250 points in the past eight weeks after its October lows. The Dow Jones industrial average is also setting records every week, thanks to increases in corporate earnings.

During this stock rise, we haven’t seen any confirmed sell signals, but the proverbial Doom and Gloom have always been a profitable business model for soothsayers. They have a receptive audience right now, because 2008 is still on their minds.


Local realtors seek international designation

Twenty-three realtors recently attended the National Association of Realtors Certified International Property Specialist (CIPS) Institute offered by the Silicon Valley Association of Realtors (SILVAR).

Attendees included realtors from the local trade association and other realtor groups around the Bay Area. It was the third CIPS Institute offered to both members and nonmembers, providing them the opportunity to learn more about global real estate to serve their international clients more completely.


Schools »

Read More

Sports »

Read More

People »

Read More

Special Sections »

Special Sections
Read More

Photos of Los Altos

Browse and buy photos