LTC sees big revenue drop after rent losses
LTC Properties’ net income dropped more than 90 percent from the second quarter of 2019 to the second quarter of 2020, as the Westlake Village-based senior-housing property investment trust wrote off $17.7 million in rent. LTC’s stock dropped after the July 31 earnings announcement. It opened at $38.38 on Aug. 1 and was at $36.78 Read More →
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Hair: State budget sets aside $8.3 million for housing in the face of pandemic
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Read More →Simi Valley industrial building leased to undisclosed investor
The industrial and office sectors of Ventura’s commercial real estate market continue to see action, even during a pandemic. A new industrial building in Simi Valley is already off the market. Newmark Knight Frank announced the lease of a 211,715-square-foot building in Simi Valley at 1757 Tapo Canyon Road. The Class A industrial building sits Read More →
Read More →Developer plans to add 1,270 homes to the Nipomo region
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Read More →Hair: Ventura office building will be upgraded after $4.25M sale
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Read More →Bowling alley developer Pemberton arrested for fraud
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Read More →Owner-user buys Goleta property in latest trend
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