LTC Properties increases dividend to 19 cents per share
Westlake Village-based LTC Properties increased its monthly dividend on its common stock to 19 cents per share for the fourth quarter, the company announced on Oct. 3. The dividend was a 5.6 percent increase from the 18-cent dividend in the previous quarter. It is payable on Oct. 31, Nov. 30 and Dec. 30 to stockholders Read More →
Oxnard planning downtown revitalization
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Suit against SLO County challenges water policy
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Largest industrial building in Thousand Oaks sells for $37 million
The largest industrial building in Thousand Oaks was sold for $37 million, according to CBRE. Van Nuys-based real estate company Majestic Asset Management purchased the fully leased property at 1461-1475 Lawrence Drive from Austin, Texas-based Western National Life Insurance Co., a subsidiary of AIG. Majestic secured a $26.6 million balance sheet loan for the deal, Read More →
Brown signs bill to streamline CEQA process
Gov. Jerry Brown signed a bill that aims to expedite and add more transparency to environmental reviews. Sen. Hannah-Beth Jackson, D-Santa Barbara, authored Senate Bill 122 along with Sen. Jerry Hill, D-San Mateo, which strives to streamline the California Environmental Quality Act process. CEQA requires state and local agencies to identify significant environmental impacts of Read More →
Redeveloped Miramar resort in Montecito to open in summer 2018
The long-awaited redevelopment of the Miramar resort in Montecito will likely come to fruition in summer 2018, Caruso Affiliated announced on Sept. 23. Hong Kong-based luxury resort operator Rosewood Hotels & Resorts will run the Rosewood Miramar Beach Montecito resort at 1555 S. Jameson Lane. The tentative plan is to start site grading in November, Read More →