Street Smarts: Neverland Ranch sale leaves political footprints in Santa Ynez Valley
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Read More →Real Estate: Santa Barbara building is city’s biggest apartment sale of 2020
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.
Read More →More new homes on the way at San Luis Ranch
Presidio Residential Capital, Coastal Community Builders and Williams Homes are teaming up again to build almost 300 more homes in San Luis Obispo County.
Read More →PennyMac notches another strong earnings report
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 →
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 →
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