Business & Real Estate

Local couple launches downtown restaurant

Alicia Castro/Town Crier
The Turn Bar & Grill crew prepares for the restaurant’s impending opening.

Jim and Julie Otis are prepared to realize their longtime dream.

The couple – lifelong Los Altos residents – wanted to ensure that their farm-to-fork restaurant was done well. After years of brainstorming and many months of planning, Turn Bar & Grill is scheduled to open in downtown Los Altos this month.


Is the sell-off a wake-up call?

The most effective stock planning can’t determine every outcome, because bad days arrive on the stock market that make you check your cash position. Last week provided a great example.


Adobe Animal Hospital expands to Los Gatos

Photos Courtesy of Adobe Animal Hospital
The Los Altos-based Adobe Animal Hospital expanded to include a clinic in Los Gatos this spring. The South Bay outpost features a pet-product marketplace.

The Los Altos-based Adobe Animal Hospital opened a Los Gatos location this spring.

Five years after moving into their expanded Los Altos location on El Camino Real, Adobe’s veterinarians felt that they were already reaching capacity in their new space.



Los Altos

100 First Street No. 217, Los Altos8 Limited to Hartenbaum Trust for $1,625,500

692 Benvenue Avenue, J. & V. Green to Duterme Trust for $2,860,000


Realtor survey finds investors shifting focus toward multifamily properties

With the depletion of available distressed homes on the market over the past two years, more investors are shifting their focus to multifamily properties and away from single-family homes, according to a survey conducted by the California Association of Realtors.

The association’s 2015 Investor Survey, which asks members about their interactions with investors, revealed that 21 percent of investors purchased multifamily properties in the past year, up from 19 percent in 2014 and 14 percent in 2013.


SILVAR ventures to Washington, D.C.

AR Realtors meet with U.S. Rep. Anna Eshoo, center. Los Altos resident Carole Feldstein, second from right, serves as SILVAR’s federal political coordinator for the congresswoman.

Silicon Valley Association of Realtors representatives traveled to Washington, D.C., last month for the National Association of Realtors Legislative Meetings & Trade Expo.

SILVAR members met with U.S. Reps. Anna Eshoo and Jackie Speier, as well as staff of U.S. Rep. Mike Honda during the May 11-16 conference. They urged the elected officials to preserve current real estate-related tax policies and extend the Mortgage Forgiveness Tax Relief Act, which expired at the end of 2014 and prevents distressed homeowners from facing excessive income-tax bills on forgiven home-loan debt.


Los Altos-based startup eyes digital makeup color-matching

Alicia Castro/Town Crier
Kokko Inc. Makeup Director Meli Pennington, standing, tests different shades of foundation on Los Altos resident Karen Melchior.

Meli Pennington knows cosmetics.

She has painted faces for the pages of Vogue and Glamour, the stages of Marc Jacobs and Victoria’s Secret, and the likes of Cyndi Lauper and Carrie Underwood. The New York City-based professional blends and applies makeup with an artist’s touch, and one Los Altos startup is seeking to bring her expertise to customers’ fingertips.


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