A property manager in Santa Barbara has been charged with felony embezzlement of his clients, the Santa Barbara County District Attorney’s Office announced July 15. Adam Michael Pirozzi, 40, faces charges of embezzlement, elder abuse and money laundering, as well as a white collar crime enhancement because he is accused of taking more than $500,000. Read More →
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The Santa Barbara County District Attorney’s Office reached a civil settlement Dec. 23 to resolve consumer protection complaints against two companies operating apartment complexes in Isla Vista. The civil complaints, filed in Santa Barbara Superior Court, contended that property owner CP910BMIV and property management company Isla Vista Luxury Living committed unlawful business practices by not Read More →
Beachside Partners announced the sale of the 25-unit San Pascual Apartments in Santa Barbara at the beginning of December. The apartments were off-market and sold for $9.45 million in cash, making the property the city’s largest multifamily property sale this year.
Presidio Residential Capital, Coastal Community Builders and Williams Homes are teaming up again to build almost 300 more homes in San Luis Obispo County.
PennyMac Financial Services more than tripled its net income over the course of a year when it reported $535.2 million, or $7.03 per share, in its third quarter financial report, up from $121.5 million, or $1.51 per share, in the third quarter of 2019. The Westlake Village-based mortgage lender built on steam from a record Read More →