Radius acquires Hagelis to broaden groups’ commercial real estate reach
Radius Group Commercial Real Estate has acquired the Hagelis Group. Santa Barbara-based Radius recently completed a deal that will expand its footprint and grow its brand. Hagelis specializes in retail properties in Ventura County, which will broaden Radius’ reach and expertise, said Brian Johnson of Radius, which predominantly works in the South County multifamily, office Read More →
Investor buys apartments, retail near CSUCI for $81M
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University Glen apartments in Camarillo acquired
Real estate investment company Kennedy Wilson acquired the University Glen apartments near CSU Channel Islands for $81 million, the company announced on Aug. 22. The Camarillo property that was built in phases between 2002 and 2006 includes 386 apartments and about 30,000 square feet of retail. University Glen houses CSUCI faculty, staff and affiliates as Read More →
LTC Properties beat first quarter revenue estimates
Westlake Village-based LTC Properties beat analyst projections of revenue and funds from operations in its 2016 first quarter earnings report. The publicly traded real estate and investment trust earned $31.88 million in revenue, up from $26.68 million in the first quarter of 2015, surpassing analyst projections by $820,000. LTC Properties funds from operations per common share Read More →
LTC Properties beats analyst projections
Westlake Village-based LTC Properties beat analyst projections of rental revenue and funds from operations per share in its fourth quarter earnings report. LTC is a real estate investment trust that buys facilities such as nursing homes. Investors in such companies often use funds from operations as a substitute for earnings per share because it takes depreciation Read More →
Ventura County real estate market forecast positive
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Tight housing market in Ventura County lures investors
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