LTC 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 →
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Back-to-back multi-million commercial real estate sales on the Highway 101 corridor are showing that the market is moving again. The Park Calabasas, an office campus that has been home to Lockheed Martin and Countrywide Financial, sold for $79 million on April 1, and an industrial building in Camarillo sold for $6.5 million the day before. Read More →
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