New business, new reality: opening a business during a pandemic presents a few extra challenges
Latest news, left, Small BusinessOpening a business requires a lot of flexibility, patience and commitment. Opening a business during a pandemic requires even more.
LTC earnings drop as pandemic hurts rent income
Banking & Finance, Earnings, East Ventura County, Health Care & Life Science, Latest news, Real Estate, Tri-County Economy, Tri-County Public CompaniesLTC 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 →
Mission Bancorp reports growth in earnings, revenue, deposits
Banking & Finance, Banking Industry, Central Coast, Earnings, Latest news, Tri-County Economy, Tri-County Public Companies, West Ventura CountyMission Bancorp, which has business banking offices in Ventura and San Luis Obispo, set a new all-time record for net income when it announced its third quarter financial results. The bank reported a net income of $4.2 million, or $2.07 per basic common share, compared to the net income of $3.7 million, or $1.85 per Read More →
Project Homekey Awards
Columns, Real EstateIn 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 →