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Industrial space scarce, retail slows, office mixed

By   /  Friday, July 21st, 2017  /  Columns, Latest news, Real Estate  /  Comments Off on Industrial space scarce, retail slows, office mixed

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Santa Barbara investment firm buys more Colorado property

By   /  Friday, July 7th, 2017  /  Columns, Latest news, Real Estate  /  Comments Off on Santa Barbara investment firm buys more Colorado property

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PennyMac Mortgage Investment Trust announces cash dividend

By   /  Tuesday, June 27th, 2017  /  Earnings, Latest news, Real Estate, Tri-County Public Companies  /  Comments Off on PennyMac Mortgage Investment Trust announces cash dividend

Westlake Village-based PennyMac Mortgage Investment Trust announced a cash dividend to shareholders of record as of July 13. The real estate investment trust will pay 47 cents per common share on July 27.

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First quarter profit up at LTC Properties

By   /  Monday, May 8th, 2017  /  Earnings, Latest news, Real Estate, Tri-County Public Companies  /  Comments Off on 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 →

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Philanthropist, banker and developer Michael Towbes dies at 87

By   /  Thursday, April 13th, 2017  /  Banking Industry, Latest news, Nonprofits, Real Estate  /  Comments Off on Philanthropist, banker and developer Michael Towbes dies at 87

  Updated at 10 a.m. April 14: Michael Towbes, the tri-county region’s most prominent philanthropist, banker and real estate developer, whose influence spanned nearly six decades, died April 13. He was 87. “He passed away early this morning, surrounded by family, in peace,” said Towbes Group President Craig Zimmerman, in an email to the Business Read More →

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SB property managers offering rental incentives

By   /  Friday, March 24th, 2017  /  Columns, Latest news, Real Estate, Small Business  /  Comments Off on SB property managers offering rental incentives

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Ventura County commercial real estate market ripe for investment

By   /  Friday, February 10th, 2017  /  Latest news, Real Estate  /  Comments Off on Ventura County commercial real estate market ripe for investment

The Ventura County commercial real estate market is ripe for investment, speakers said at the 21st annual CBRE Ventura County and Conejo Valley Commercial Real Estate Symposium and Economic Forecast at the Four Seasons Resort in Westlake Village on Feb. 10. There was $855 million in CRE sales in the Ventura County market in 2016 Read More →

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