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Montecito Bank & Trust
Latest

First quarter profit up at LTC Properties

By   /  Monday, May 8th, 2017  /  Earnings, Latest news, Real Estate, Tri-County Public Companies  /  Comments Off on First quarter profit up at LTC Properties

Westlake Village-based LTC Properties on May 8 reported $21.4 million in profit for the first quarter of 2017, or 54 cents per diluted share, up from $19.8 million, or 53 cents per diluted share, during the first quarter of 2016. LTC Properties is a real estate investment trust that buys facilities such as nursing homes. Read More →

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PennyMac Financial Services misses analysts’ first-quarter profit estimates

By   /  Friday, May 5th, 2017  /  Earnings, Latest news, Real Estate, Tri-County Public Companies  /  Comments Off on PennyMac Financial Services misses analysts’ first-quarter profit estimates

Westlake Village-based PennyMac Financial Services reported first-quarter profit of $10.9 million or 47 cents per share on May 5. The results were lower than Wall Street expectations, which analysts surveyed by Zacks Investment Research had put at 63 cents per share. PennyMac Financial Services reported $62 million in pretax income for the first quarter of Read More →

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Latest

Industrial tenants have tough time finding space

By   /  Thursday, May 4th, 2017  /  Columns, Latest news, Real Estate  /  Comments Off on Industrial tenants have tough time finding space

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Simi Valley gaining more workforce housing stock

By   /  Friday, April 28th, 2017  /  East Ventura County, Real Estate, right  /  Comments Off on Simi Valley gaining more workforce housing stock

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Property investor demands more from Santa Barbara City Hall

By   /  Friday, April 28th, 2017  /  middle, Real Estate, South Coast  /  Comments Off on Property investor demands more from Santa Barbara City Hall

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Latest

No amount of haggling can bring back Volkswagen

By   /  Friday, April 28th, 2017  /  Columns, Latest news, Real Estate  /  Comments Off on No amount of haggling can bring back Volkswagen

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Latest

Amazon puts squeeze on State Street stores

By   /  Friday, April 21st, 2017  /  Real Estate, South Coast, Top Stories, Top Story  /  Comments Off on Amazon puts squeeze on State Street stores

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