Third quarter income down at LTC Properties
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Harvest at Limoneira housing development breaks ground
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More housing key to health of tri-county economy
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PennyMac income down 50 percent from previous quarter
Westlake Village-based PennyMac Mortgage Investment Trust reported on Nov. 2 a net investment income of $75.8 million and a net income attributable to common shareholders of $13.3 million for the quarter ended Sept. 30, down 50 percent from the previous quarter. Diluted earnings per common share were 20 cents, a decrease of 49 percent from Read More →
Yardi acquires coworking platform Wun Systems
Goleta real estate management company Yardi Systems announced that it has acquired Wun Systems, a coworking and workspace management platform based in Los Angeles. Wun provides software, hardware and support services for more than 80,000 members, the two companies said in a news release Nov. 1. Its management, engineering and programming team will operate out Read More →