February 23, 2024
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Latest

UCSB moves ahead with Munger Hall mega-dorm

By   /  Friday, July 30th, 2021  /  Higher Education, Latest news, Real Estate, South Coast, Tri-County Economy  /  Comments Off on UCSB moves ahead with Munger Hall mega-dorm

UC Santa Barbara has released a notice of preparation for a new student housing development, Munger Hall, which was previously approved as part of the university’s Long Range Development Plan. Munger Hall, when built, would increase the university’s on-campus housing by 50%, with single-occupancy rooms, and will allow the university to eliminate triple housing in Read More →

Latest

LTC Properties earnings rebound from pandemic lows

By   /  Thursday, July 29th, 2021  /  Banking & Finance, Earnings, East Ventura County, Latest news, Real Estate, Tri-County Economy, Tri-County Public Companies  /  Comments Off on LTC Properties earnings rebound from pandemic lows

LTC Properties saw its net income soar a year after the pandemic caused serious interruptions to the real estate investment trust’s business model. On July 29, the Westlake Village-based REIT reported its net income for the second quarter of 2021 at $18.1 million, or 46 cents per share — an increase of more than 900% Read More →

Latest

Westlake Village office sale tops $80M

By   /  Tuesday, July 27th, 2021  /  East Ventura County, Latest news, middle, Real Estate, Top Stories, Tri-County Economy  /  Comments Off on Westlake Village office sale tops $80M

Westlake Park Place I, a five-building office campus in Westlake Village, sold recently for $80.8 million — the highest sale price for an office building in Ventura County in 2021. The buyer was a partnership between Amstar and Searles Property Group, and the seller was Invesco Real Estate. Westlake Park Place I started construction in Read More →

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Deal for new Santa Paula Hospital land ‘a long time in the making’

By   /  Friday, July 23rd, 2021  /  Agribusiness, Banking & Finance, Health Care & Life Science, Latest news, middle, Real Estate, Subscriber content, Top Stories, Tri-County Economy, Tri-County Public Companies, West Ventura County  /  Comments Off on Deal for new Santa Paula Hospital land ‘a long time in the making’

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Latest

Real Estate: Aerospace company finds new frontier in Thousand Oaks

By   /  Friday, July 23rd, 2021  /  Columns, Latest news, Real Estate, Subscriber content  /  Comments Off on Real Estate: Aerospace company finds new frontier in Thousand Oaks

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Limoneira to sell land for new Santa Paula Hospital

By   /  Monday, July 19th, 2021  /  Agribusiness, Health Care & Life Science, Latest news, middle, Real Estate, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on Limoneira to sell land for new Santa Paula Hospital

The county of Ventura wants to replace Santa Paula Hospital, and it’s working with Limoneira and a third party to make it happen. In a letter of intent released July 14, Limoneira announced it plans to sell 25 acres of its land in Santa Paula to a company called Pacific Coast Investments in five staged Read More →

Latest

Santa Barbara property manager charged with embezzlement

By   /  Thursday, July 15th, 2021  /  Latest news, Law & Goverment, Real Estate  /  Comments Off on Santa Barbara property manager charged with embezzlement

A property manager in Santa Barbara has been charged with felony embezzlement of his clients, the Santa Barbara County District Attorney’s Office announced July 15. Adam Michael Pirozzi, 40, faces charges of embezzlement, elder abuse and money laundering, as well as a white collar crime enhancement because he is accused of taking more than $500,000. Read More →