NAI report describes ‘world of pain’ in CRE
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Read More →LTC earnings drop as pandemic hurts rent income
LTC Properties, a senior housing and health care real estate investment trust, posted another quarter of low net income when it filed its third quarter financial report on Oct. 29. The Westlake Villaged-based company announced a net income of $12.1 million, or 31 cents per diluted share, compared to $27.1 million, or 68 cents per Read More →
Read More →In the fifth round of Project Homekey awards, Gov. Gavin Newsom announced the city of San Luis Obispo will get more than $15 million to purchase the Motel 6 in Paso Robles and convert it into a homeless shelter. The Motel 6 has more than 120 units, and will be converted into an emergency homeless Read More →
Read More →Amazon coming to Oxnard next year
Amazon is opening a new fulfillment center at the Sakioka Farms Business Park in Oxnard, bringing more than 1,500 jobs with benefits when the facility opens next year. “This couldn’t have come at a better time, given the pandemic and the economic downturn,” City Councilwoman Carmen Ramirez said in a city news release. “The opportunity Read More →
Read More →Oxnard in line for state funds to convert motel to housing
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