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 →
Real Estate: Hayes looks back on a year of pandemic; Las Posas Country Club sold
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
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 →
Real Estate: Thousand Oaks gives initial OK to mixed-use project
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
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 →
Real Estate: Planned mixed-use property in SLO sells
This article is only available to Business Times subscribers Subscribers: LOG IN or REGISTER for complete digital access. Not a Subscriber? SUBSCRIBE for full access to our weekly newspaper, online edition and Book of Lists. Check the STATUS of your Subscription Account.
Ventura’s Sespe Consulting acquired by Texas firm
Sespe Consulting, a Ventura-based environmental, engineering and planning firm, has been acquired by Trinity Consultants out of Dallas, Texas. Sepse specializes in land use planning, environmental permitting and compliance and worker safety. It works in fields including mining and construction materials, oil and gas, general manufacturing, agriculture, real estate development and local government. The company Read More →
