PennyMac earnings up as mortgage boom continues
PennyMac Financial Services reported a higher net income and revenue in the first quarter, as well as a cash dividend, when it announced its latest earnings on May 6. The Westlake Village-based mortgage lender and loan servicer recorded net income of $376.9 million, or $5.15 per share, on revenue of $944.7 million. For the first Read More →
Real Estate: Apartments proposed for Kmart site in Thousand Oaks
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LTC Properties reports income drop
LTC Properties saw its net income drop almost 80% in a year as it missed estimates and saw decreased rental income. The Westlake Village-based real estate investment trust, which specializes in health care and senior living properties, reported $13.6 million in net income, or 35 cents per diluted share, for the first quarter of 2021. Read More →
Real Estate: R1 Speed races into newly renovated industrial space in Thousand Oaks
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Real Estate: New chapel is latest step in French Hospital expansion
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Caruso: Brick and mortar retail will recover, if it’s relevant
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Real Estate: A new building breaks ground at UCSB; an old one donated in Camarillo
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