Simi Valley industrial sale is city’s biggest ever
A six-unit industrial building in Simi Valley sold recently for $46.4 million, making it the “largest industrial property ever sold” in the city, Calabasas-based Lee & Associates announced Dec. 3. Lee & Associates-LA North/Ventura President Mike Tingus and principals Joe Jusko and Grant Fulkerson negotiated the sale of the Topaz Business Park to Rexford Industrial, an Read More →
Dole shares down after earnings drop
Westlake Village-based Dole saw its stock fall 2.5% on Dec. 3 after the company revealed a big dip in earnings for the third quarter of fiscal year 2021-22. Dole, which is dually based in Westlake Village and Ireland and is one of the largest fruit and vegetable producers in the world, saw adjusted net income Read More →
Thousand Oaks health care provider closes $50M funding round
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Thousand Oaks approves Caruso apartment complex at The Lakes
A shopping center property owned by the city of Thousand Oaks will be sold to Los Angeles development mogul Rick Caruso, who plans to add a six-story apartment building to the site. The much-anticipated transaction required approval from the Thousand Oaks City Council, which voted 3-2 in favor of the deal on Nov. 30. The Read More →
Bank of the Sierra gives $1M to Housing Trust Fund Ventura County
The Housing Trust Fund Ventura County announced a $1 million contribution from Bank of the Sierra on Nov. 30, to fund the nonprofit’s loans to developers who build affordable housing in Ventura County. The award is designated for the organization’s Everyone Deserves a Home Revolving Loan Fund. The community impact note will be pooled with Read More →
Dubroff: Searching for a new model to fund the arts in Ventura County
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From unhoused to home for the holidays: Pandemic funds convert hundreds of units in region
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