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Real Estate: Ventura County approves its biggest farmworker complex ever

By   /  Friday, February 12th, 2021  /  Columns, Latest news, Real Estate, Subscriber content  /  Comments Off on Real Estate: Ventura County approves its biggest farmworker complex ever

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Santa Barbara County approves $13.4M rent program

By   /  Thursday, February 11th, 2021  /  Central Coast, Latest news, Real Estate, South Coast, Tri-County Economy  /  Comments Off on Santa Barbara County approves $13.4M rent program

The Santa Barbara County Board of Supervisors has voted to use $13.4 million in federal pandemic relief funds for direct assistance to low-income renters who lost income because of COVID-19. The money was part of the stimulus bill approved in December. In Santa Barbara County, it will go toward a three-month rental subsidy up to Read More →

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Real Estate: Hayes looks back on a year of pandemic; Las Posas Country Club sold

By   /  Friday, February 5th, 2021  /  Columns, Latest news, Real Estate, South Coast, Subscriber content, Tri-County Economy  /  Comments Off on Real Estate: Hayes looks back on a year of pandemic; Las Posas Country Club sold

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PennyMac reports earnings jump, tops $2B in income in 2020

By   /  Thursday, February 4th, 2021  /  Banking & Finance, Banking Industry, Earnings, East Ventura County, Latest news, Real Estate, Tri-County Economy, Tri-County Public Companies  /  Comments Off on PennyMac reports earnings jump, tops $2B in income in 2020

PennyMac Financial Services hit a record high with pretax income of more than $2 billion last year as the company saw a sharp increase in both its fourth quarter and year-end results. The Westlake Village-based mortgage firm reported a net income of $452.8 million for the fourth quarter of 2020, or $5.97 per share on Read More →

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Real Estate: Thousand Oaks gives initial OK to mixed-use project

By   /  Friday, January 29th, 2021  /  Columns, Latest news, Real Estate, Subscriber content  /  Comments Off on Real Estate: Thousand Oaks gives initial OK to mixed-use project

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Obituary: PennyMac founder Stanford Kurland

By   /  Monday, January 25th, 2021  /  Banking & Finance, East Ventura County, Latest news, Real Estate, Tri-County Economy, Tri-County Public Companies  /  Comments Off on Obituary: PennyMac founder Stanford Kurland

EDITOR’S NOTE: This article was updated Jan. 27 to include the fact that Kurland died of complications from COVID-19. Stanford Kurland made a fortune from his first foray into mortgage banking, and his timely exit from Countrywide Financial came just before the housing bubble burst. His second foray made him even richer, but it also Read More →

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Real Estate: Planned mixed-use property in SLO sells

By   /  Friday, January 22nd, 2021  /  Columns, Latest news, Real Estate, Subscriber content  /  Comments Off on Real Estate: Planned mixed-use property in SLO sells

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