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Real Estate: Hotel Californian was Santa Barbara’s biggest hotel sale in years

By   /  Friday, November 12th, 2021  /  Columns, Latest news, Real Estate, South Coast, Subscriber content, Top Stories, Tourism, Tri-County Economy  /  Comments Off on Real Estate: Hotel Californian was Santa Barbara’s biggest hotel sale in years

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Goleta plans to sue UCSB over housing

By   /  Friday, November 12th, 2021  /  Education, Latest news, Real Estate, South Coast, Subscriber content, Top Stories, Tri-County Economy  /  Comments Off on Goleta plans to sue UCSB over housing

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In Ventura County, the rent is high and getting higher

By   /  Friday, November 12th, 2021  /  East Ventura County, Latest news, left, Real Estate, Subscriber content, Top Stories, Tri-County Economy, West Ventura County  /  Comments Off on In Ventura County, the rent is high and getting higher

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AppFolio reports small loss for Q3

By   /  Wednesday, November 10th, 2021  /  Banking & Finance, Earnings, Latest news, Real Estate, South Coast, Technology, Top Stories, Tri-County Economy, Tri-County Public Companies  /  Comments Off on AppFolio reports small loss for Q3

AppFolio, a Goleta-based property management software company, fell just short of breaking even during the third quarter of 2021, missing analysts’ expectations despite delivering a slight revenue beat. AppFolio, which has seen earnings decline in each of the past three quarters, delivered a net loss of $101,000 in the third quarter of 2021, down from Read More →

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PennyMac Financial reports profit while investment trust records loss in Q3

By   /  Friday, November 5th, 2021  /  Banking & Finance, Banking Industry, Earnings, East Ventura County, Latest news, Real Estate, Tri-County Economy, Tri-County Public Companies  /  Comments Off on PennyMac Financial reports profit while investment trust records loss in Q3

Westlake Village-based PennyMac Financial Services saw its net income drop in the third quarter compared to the year before, but officials reported “exceptional financial performance” in other areas in earnings released Nov. 4. The mortgage lender and loan servicer reported net income of $249.3 million in the third quarter, or $3.80 per share on a Read More →

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Real Estate: Temporary home in the cards for Players Casino in Ventura

By   /  Friday, November 5th, 2021  /  Columns, Latest news, Real Estate, right, South Coast, Subscriber content, Top Stories, Tri-County Economy  /  Comments Off on Real Estate: Temporary home in the cards for Players Casino in Ventura

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New owners have plans to transform Nordstrom building in downtown Santa Barbara

By   /  Thursday, November 4th, 2021  /  Latest news, Real Estate, South Coast, Top Stories, Top Story, Tri-County Economy  /  Comments Off on New owners have plans to transform Nordstrom building in downtown Santa Barbara

Three out-of-area firms have acquired the now-vacant building formerly occupied by Nordstrom in downtown Santa Barbara, the companies announced Nov. 4. Shopoff Realty Investments and Praelium Commercial Real Estate, both based in Orange County, bought the property in partnership with an affiliate of New York City-based Dune Real Estate Partners. Shopoff Realty Investments representatives declined Read More →

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