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LTC sees big revenue drop after rent losses

By   /  Friday, July 31st, 2020  /  Banking & Finance, Earnings, East Ventura County, Latest news, Real Estate, Tri-County Public Companies  /  Comments Off on LTC sees big revenue drop after rent losses

LTC Properties’ net income dropped more than 90 percent from the second quarter of 2019 to the second quarter of 2020, as the Westlake Village-based senior-housing property investment trust wrote off $17.7 million in rent. LTC’s stock dropped after the July 31 earnings announcement. It opened at $38.38 on Aug. 1 and was at $36.78 Read More →

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Hair: State budget sets aside $8.3 million for housing in the face of pandemic

By   /  Friday, July 17th, 2020  /  Latest news, Real Estate  /  Comments Off on Hair: State budget sets aside $8.3 million for housing in the face of pandemic

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Simi Valley industrial building leased to undisclosed investor

By   /  Friday, July 10th, 2020  /  Latest news, Real Estate  /  Comments Off on Simi Valley industrial building leased to undisclosed investor

The industrial and office sectors of Ventura’s commercial real estate market continue to see action, even during a pandemic. A new industrial building in Simi Valley is already off the market. Newmark Knight Frank announced the lease of a 211,715-square-foot building in Simi Valley at 1757 Tapo Canyon Road. The Class A industrial building sits Read More →

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Developer plans to add 1,270 homes to the Nipomo region

By   /  Friday, July 3rd, 2020  /  Central Coast, Columns, Latest news, Real Estate  /  Comments Off on Developer plans to add 1,270 homes to the Nipomo region

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Hair: Ventura office building will be upgraded after $4.25M sale

By   /  Friday, June 26th, 2020  /  Columns, Latest news, Real Estate  /  Comments Off on Hair: Ventura office building will be upgraded after $4.25M sale

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Bowling alley developer Pemberton arrested for fraud

By   /  Wednesday, June 24th, 2020  /  Central Coast, Latest news, Law, Real Estate  /  Comments Off on Bowling alley developer Pemberton arrested for fraud

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Owner-user buys Goleta property in latest trend

By   /  Friday, June 19th, 2020  /  Columns, Latest news, Real Estate  /  Comments Off on Owner-user buys Goleta property in latest trend

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