LTC Properties reports higher net income for second quarter
LTC Properties, a Westlake Village-based real estate investment trust, reported $25.3 million in net income or 64 cents per diluted share for the second quarter of 2017 on Aug. 9. That was up from $22.1 million, or 58 cents per diluted share, for the second quarter of 2016. The company had higher revenues in 2017 Read More →
How pirate tactics built an entrepreneurial ecosystem
By Reneé Rock “It’s better to be a pirate than to join the navy.” When Steve Jobs uttered this phrase, he was speaking to the Mac team, which had become a kind of splinter group with its own identity within Apple. Jobs knew what he was up against at fast-growing Apple and intuitively understood that Read More →
Yardi Systems gains huge client for property software
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PennyMac reports decline in net income
Westlake Village-based PennyMac Mortgage Investment Trust and PennyMac Financial Services reported a drop in earnings on Aug. 3 for the quarter ended June 30. Investment income was up 30 percent compared to the prior quarter, but net income for the mortgage investment trust was $26.4 million, a 6 percent decline from the same period in Read More →
CSU Channel Islands developing housing on campus
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Ventura getting infusion of much-needed housing
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Industrial space scarce, retail slows, office mixed
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