Fienup: A long road to get economy out of ‘crisis mode’
East Ventura County, Latest news, Tri-County Economy, West Ventura CountyVentura County’s economy was in a rougher place than previously understood when the pandemic started, and rebuilding it in a way that benefits everyone is going to take a lot of careful work. That was the message from Matthew Fienup, the executive director of the Center for Economic Research and Forecasting at California Lutheran University, Read More →
Community West earnings nearly double in first quarter
Banking & Finance, Banking Industry, Earnings, Latest news, South Coast, Tri-County Economy, Tri-County Public CompaniesCommunity West Bancshares saw its net income rise by almost 90% year-over-year as it decreased its provision for loan losses and increases its dividends. The Goleta-based parent company of Community West Bank released its first quarter earnings on May 3, including $3 million in net income for the quarter, or 35 cents per diluted share. Read More →
Real Estate: Apartments proposed for Kmart site in Thousand Oaks
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LTC Properties reports income drop
Banking & Finance, Earnings, East Ventura County, Latest news, Real Estate, Tri-County Economy, Tri-County Public CompaniesLTC Properties saw its net income drop almost 80% in a year as it missed estimates and saw decreased rental income. The Westlake Village-based real estate investment trust, which specializes in health care and senior living properties, reported $13.6 million in net income, or 35 cents per diluted share, for the first quarter of 2021. Read More →