LTC Properties reports income jump in fourth quarter
LTC Properties saw steady returns and a higher net income than a year ago when it reported its finances for the fourth quarter of 2020. The Westlake Village-based real estate investment trust, which focuses on senior housing and health care properties, reported net income of $17.5 million, or 45 cents per diluted share, for 2020’s Read More →
Downtown Santa Barbara goes to school with two colleges on the move
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Real Estate: Dollar value of transactions dropped by nearly half in 2020
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Real Estate: Ventura County approves its biggest farmworker complex ever
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Santa Barbara County approves $13.4M rent program
The Santa Barbara County Board of Supervisors has voted to use $13.4 million in federal pandemic relief funds for direct assistance to low-income renters who lost income because of COVID-19. The money was part of the stimulus bill approved in December. In Santa Barbara County, it will go toward a three-month rental subsidy up to Read More →
Real Estate: Hayes looks back on a year of pandemic; Las Posas Country Club sold
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PennyMac reports earnings jump, tops $2B in income in 2020
PennyMac Financial Services hit a record high with pretax income of more than $2 billion last year as the company saw a sharp increase in both its fourth quarter and year-end results. The Westlake Village-based mortgage firm reported a net income of $452.8 million for the fourth quarter of 2020, or $5.97 per share on Read More →
