First quarter profit up at LTC Properties
Westlake Village-based LTC Properties on May 8 reported $21.4 million in profit for the first quarter of 2017, or 54 cents per diluted share, up from $19.8 million, or 53 cents per diluted share, during the first quarter of 2016. LTC Properties is a real estate investment trust that buys facilities such as nursing homes. Read More →
Read More →PennyMac Financial Services misses analysts’ first-quarter profit estimates
Westlake Village-based PennyMac Financial Services reported first-quarter profit of $10.9 million or 47 cents per share on May 5. The results were lower than Wall Street expectations, which analysts surveyed by Zacks Investment Research had put at 63 cents per share. PennyMac Financial Services reported $62 million in pretax income for the first quarter of Read More →
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Industrial tenants have tough time finding space
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Read More →Simi Valley gaining more workforce housing stock
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Read More →Property investor demands more from Santa Barbara City Hall
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Read More →No amount of haggling can bring back Volkswagen
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Read More →Amazon puts squeeze on State Street stores
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