Velocity Financial recovers from pandemic with strong fourth quarter
Velocity Financial saw its net income increase slightly from 2019 to 2020, even though the company’s loan production operations were suspended for more than half the year. The Westlake Village-based real estate finance company saw its net income go up 3%, from $17.3 million in 2019 to $17.8 million in 2020, according to earnings released Read More →
Read More →Macy’s building in downtown Santa Barbara to become office space
The site of the former Macy’s in downtown Santa Barbara is going to be turned into office space, introducing more than 132,000 square feet into the area’s office market. The building is at 701 State Street, in the Paseo Nuevo shopping center. It has three floors, and more than 40,000 square feet of space per Read More →
Read More →
Real Estate: New industrial campus planned for Conejo Spectrum property
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Read More →Real Estate: Federal government signs lease on full building in Camarillo business park
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Read More →AppFolio posts loss in fourth quarter
AppFolio, a Goleta-based property management software company, failed to meet analysts’ expectations with a net loss in the fourth quarter of 2020. Analysts tracked by Zacks Equity Research had predicted earnings per share of 13 cents, similar to AppFolio’s performance in the fourth quarter of 2019. Instead, the company suffered a net loss of $513,000 Read More →
Read More →Real Estate: Commercial activity picked up in fourth quarter of 2020
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Read More →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 →
Read More →
Sponsored content:
2015-2016 Giving Guide
