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Commercial sales down but office leasing rebounds

By   /  Friday, August 11th, 2017  /  Latest news, Real Estate  /  Comments Off on Commercial sales down but office leasing rebounds

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Dubroff: New leaders will shape city, county of San Luis Obispo

By   /  Friday, August 11th, 2017  /  Columns, Latest news  /  Comments Off on Dubroff: New leaders will shape city, county of San Luis Obispo

Henry Dubroff

What a difference a decade makes. San Luis Obispo County entered the recession with a relatively weak private sector driven by a single industry — real estate. It also had talented and experienced fiscal hands at the helm of the city and county government. Fast forward 10 years and the change is 180 degrees. The Read More →

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LTC Properties reports higher net income for second quarter

By   /  Thursday, August 10th, 2017  /  Earnings, Latest news, Real Estate, Tri-County Public Companies  /  Comments Off on LTC Properties reports higher net income for second quarter

LTC Properties, a Westlake Village-based real estate investment trust, reported $25.3 million in net income or 64 cents per diluted share for the second quarter of 2017 on Aug. 9. That was up from $22.1 million, or 58 cents per diluted share, for the second quarter of 2016. The company had higher revenues in 2017 Read More →

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Industrial space scarce, retail slows, office mixed

By   /  Friday, July 21st, 2017  /  Columns, Latest news, Real Estate  /  Comments Off on Industrial space scarce, retail slows, office mixed

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Santa Barbara investment firm buys more Colorado property

By   /  Friday, July 7th, 2017  /  Columns, Latest news, Real Estate  /  Comments Off on Santa Barbara investment firm buys more Colorado property

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PennyMac Mortgage Investment Trust announces cash dividend

By   /  Tuesday, June 27th, 2017  /  Earnings, Latest news, Real Estate, Tri-County Public Companies  /  Comments Off on PennyMac Mortgage Investment Trust announces cash dividend

Westlake Village-based PennyMac Mortgage Investment Trust announced a cash dividend to shareholders of record as of July 13. The real estate investment trust will pay 47 cents per common share on July 27.

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First quarter profit up at LTC Properties

By   /  Monday, May 8th, 2017  /  Earnings, Latest news, Real Estate, Tri-County Public Companies  /  Comments Off on First quarter profit up at LTC Properties

Westlake Village-based LTC Properties on May 8 reported $21.4 million in profit for the first quarter of 2017, or 54 cents per diluted share, up from $19.8 million, or 53 cents per diluted share, during the first quarter of 2016. LTC Properties is a real estate investment trust that buys facilities such as nursing homes. Read More →

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