University Glen apartments in Camarillo acquired
Real estate investment company Kennedy Wilson acquired the University Glen apartments near CSU Channel Islands for $81 million, the company announced on Aug. 22. The Camarillo property that was built in phases between 2002 and 2006 includes 386 apartments and about 30,000 square feet of retail. University Glen houses CSUCI faculty, staff and affiliates as Read More →
Read More →LTC Properties beat first quarter revenue estimates
Westlake Village-based LTC Properties beat analyst projections of revenue and funds from operations in its 2016 first quarter earnings report. The publicly traded real estate and investment trust earned $31.88 million in revenue, up from $26.68 million in the first quarter of 2015, surpassing analyst projections by $820,000. LTC Properties funds from operations per common share Read More →
Read More →LTC Properties beats analyst projections
Westlake Village-based LTC Properties beat analyst projections of rental revenue and funds from operations per share in its fourth quarter earnings report. LTC is a real estate investment trust that buys facilities such as nursing homes. Investors in such companies often use funds from operations as a substitute for earnings per share because it takes depreciation Read More →
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Ventura County real estate market forecast positive
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Read More →Tight housing market in Ventura County lures investors
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Read More →Technology cuts office cord in Simi Valley
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Read More →Compass expands online luxury real estate platform to SB, Montecito
A new online platform is poised to shake up the region’s luxury residential real estate market. New York-based Compass uses in-house software that aims to cut down on brokers’ administrative work and streamline listing updates. The startup recently announced that it is expanding into the Santa Barbara and Montecito markets. The South Coast is the Read More →
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