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Amgen planning apartments on its land in Thousand Oaks

By   /  Friday, May 7th, 2021  /  Biotech, East Ventura County, Latest news, Real Estate, Subscriber content, Top Stories, Tri-County Economy  /  No Comments

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Real Estate: Hayes sees ‘noticeable growth’ in South Coast commercial market

By   /  Friday, May 7th, 2021  /  Columns, Latest news, Real Estate, Subscriber content  /  No Comments

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Velocity reports earnings growth, strong loan demand

By   /  Thursday, May 6th, 2021  /  Banking & Finance, Banking Industry, Earnings, East Ventura County, Latest news, Real Estate, Tri-County Economy, Tri-County Public Companies  /  No Comments

Velocity Financial saw its net income spike when it reported its first quarter financial earnings on May 6. The Westlake Village-based real estate financial company recorded a net income of $3.4 million and core income of $6.72 million, or 10 cents and 20 cents per diluted share. In 2020, the company had a net income Read More →

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PennyMac earnings up as mortgage boom continues

By   /  Thursday, May 6th, 2021  /  Banking & Finance, Banking Industry, Earnings, East Ventura County, Latest news, Real Estate, Tri-County Economy, Tri-County Public Companies  /  No Comments

PennyMac Financial Services reported a higher net income and revenue in the first quarter, as well as a cash dividend, when it announced its latest earnings on May 6. The Westlake Village-based mortgage lender and loan servicer recorded net income of $376.9 million, or $5.15 per share, on revenue of $944.7 million. For the first Read More →

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Real Estate: Apartments proposed for Kmart site in Thousand Oaks

By   /  Friday, April 30th, 2021  /  Columns, Latest news, Real Estate, Subscriber content  /  No Comments

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LTC Properties reports income drop

By   /  Friday, April 30th, 2021  /  Banking & Finance, Earnings, East Ventura County, Latest news, Real Estate, Tri-County Economy, Tri-County Public Companies  /  No Comments

LTC Properties saw its net income drop almost 80% in a year as it missed estimates and saw decreased rental income. The Westlake Village-based real estate investment trust, which specializes in health care and senior living properties, reported $13.6 million in net income, or 35 cents per diluted share, for the first quarter of 2021. Read More →

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Real Estate: R1 Speed races into newly renovated industrial space in Thousand Oaks

By   /  Friday, April 23rd, 2021  /  Columns, Latest news, Real Estate, Subscriber content  /  No Comments

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