CRE: $28M Construction loan secured for multifamily development in Santa Maria
By Staff Report The Heritage Walk Lofts, a 104-unit, Class-A multifamily development located in downtown Santa Maria, has secured a $28.54 million construction loan courtesy of Orange County-based JLL Capital Markets. Announced Aug. 15, The Lofts is a key component of Phase I in the Santa Maria Town Center Redevelopment, a master-planned expansion initiated by Read More →
Velocity Financial announces dual listing on new Texas stock exchange
Westlake Village-based Velocity Financial, a leader in investor real estate loans, announced Aug. 13 that it will be one of the founding members of the new electronic equities exchange, NYSE Texas. Its common stock will be dual listed on the new exchange, headquartered in Dallas. Velocity will maintain its primary listing on the New York Read More →
Unemployment rate remains elevated in July along the Central Coast
The unemployment rate along the Central Coast continued trending upward in the month of July, as each of the tri-counties saw an uptick, according to the latest data provided by the California Employment Development Department. Announced Aug. 15, the unemployment rate for the Central Coast was at 5.2% for the month of July, up from Read More →
Guest commentary: CHROs take the lead in shaping America’s business future
By Vlad Vaiman California Lutheran University The year 2025 is shaping up to be one of the most disruptive and consequential years in the history of modern work. Business strategy, talent and technology disruption are colliding in a way that positions chief human resources officers (CHROs) not just as partners for change but as true Read More →
Guest commentary: A financial checklist for entrepreneurs
By Jason Bietz Bank of America It may still be summer, but for many entrepreneurs, the fall season is fast approaching and marks a key transition point that can set the tone for year-end performance. The fall is a crucial time for business owners to assess their finances and prepare to capitalize on upcoming opportunities Read More →
Dubroff: The Trade Desk might be down, but don’t count Jeff out
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Verifying status of immigrants vexes farmers
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