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You are here:  Home  >  Real Estate  -  Page 60
Latest

Building more affordable housing difficult for tri-county developers

By   /  Friday, November 11th, 2016  /  Columns, Latest news, Real Estate  /  Comments Off on Building more affordable housing difficult for tri-county developers

Building affordable housing can be anything but affordable for developers. Developers often need some sort of subsidy for affordable projects to pencil out, given the fact that they will receive below-market rents. Yet, the arena for federal income tax credits is becoming increasingly competitive. Projects are rated on a point system for the Low-Income Housing Read More →

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SOAR passage will stifle Ventura County economy

By   /  Friday, November 11th, 2016  /  Agribusiness, East Ventura County, left, Real Estate, Tri-County Economy, West Ventura County  /  Comments Off on SOAR passage will stifle Ventura County economy

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SBCC Foundation buys Paul Mitchell site for cosmetology program

By   /  Friday, November 4th, 2016  /  Columns, Latest news, Real Estate  /  Comments Off on SBCC Foundation buys Paul Mitchell site for cosmetology program

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PennyMac beats analyst estimates for third quarter earnings

By   /  Thursday, November 3rd, 2016  /  Earnings, Latest news, Real Estate, Tri-County Public Companies  /  Comments Off on PennyMac beats analyst estimates for third quarter earnings

Moorpark-based PennyMac Financial Services reported a $122.3 million profit on revenue of $291.4 million for the third quarter, exceeding Wall Street expectations on earnings per share and revenue. PennyMac Financial, which was founded by former Countrywide Financial Services executives after that company was acquired by Bank of America, reported earnings of $1.06 cents per diluted Read More →

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LTC Properties beat analysts’ revenue estimates

By   /  Thursday, November 3rd, 2016  /  Latest news, Real Estate  /  Comments Off on LTC Properties beat analysts’ revenue estimates

Westlake Village-based LTC Properties beat analyst projections of revenue and matched funds from operations estimates in its third quarter earnings report. The real estate and investment trust reported $33.8 million in revenue, up from $28.5 million in the third quarter of 2015, surpassing analyst projections by $110,000. LTC Properties funds from operations per common share were Read More →

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Buena Vista Apartments in Paso Robles sell for $5.8 million

By   /  Tuesday, November 1st, 2016  /  Latest news, Real Estate  /  Comments Off on Buena Vista Apartments in Paso Robles sell for $5.8 million

The 142-unit Buena Vista Apartments in Paso Robles sold for more than $5.8 million. The 202,299-square-foot multifamily property at 708-1002 Experimental Station Road is on 12.5 acres adjacent to Highway 46 just east of downtown. MBK Rental Living LLC purchased the property from Arjun Buena Vista Properties LLC, which was represented by Lee & Associate’s Read More →

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Housing solution key to strong Central Coast economy

By   /  Friday, October 28th, 2016  /  Central Coast, Latest news, Real Estate, Tri-County Economy  /  Comments Off on Housing solution key to strong Central Coast economy

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