August 8, 2022
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Latest

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  /  Comments Off on Velocity reports earnings growth, strong loan demand

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 →

Latest

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  /  Comments Off on PennyMac earnings up as mortgage boom continues

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  /  Comments Off on Real Estate: Apartments proposed for Kmart site in Thousand Oaks

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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  /  Comments Off on LTC Properties reports income drop

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  /  Comments Off on Real Estate: R1 Speed races into newly renovated industrial space in Thousand Oaks

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Real Estate: New chapel is latest step in French Hospital expansion

By   /  Friday, April 16th, 2021  /  Columns, Latest news, Real Estate, Subscriber content  /  Comments Off on Real Estate: New chapel is latest step in French Hospital expansion

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Caruso: Brick and mortar retail will recover, if it’s relevant

By   /  Friday, April 2nd, 2021  /  East Ventura County, Latest news, middle, Real Estate, South Coast, Subscriber content, Top Stories, Tri-County Economy  /  Comments Off on Caruso: Brick and mortar retail will recover, if it’s relevant

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