Kenny Slaught On The Expansion Of Investments In Santa Barbara

These days, Santa Barbara has emerged as a location for unique and developing businesses other than being a prime tourist destination, said Kenny Slaught. Many eminent companies have been formed in recent years, and many, counting AppScale, LastLine, TrackR, and Salty Girl Seafood, have come right out of the University of California Santa Barbara. With over $200 million raised for local startups from private investors in the previous year, the Central Coast boasts of almost two times the investment per capita in development than the greater Los Angeles area, a much better market. While few may feel the allure of Silicon Valley or Hollywood, domestic industrialists welcome the impact of building a business in an ecosystem that furthers growth. Hence, the region is one of the top places in the country to start and develop startups, giving rise to biotech, medical, technology, and scientific companies like Inogen, Raytheon, Sonos, and BioIQ.

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Kenny Slaught Highlights The Unknown Beauty Of Santa Barbara

Santa Barbara, prevalently known as the American Riviera, is eminent for its desirable Mediterranean climate, melodramatic mountain settings, and attractive shorelines. This fabulous city isn’t known nearly as well, however, for its energetic, spirited neighborhoods and friendly citizens, as per the local real estate , Kenny Slaught. The Investec CEO considers strong legacy, an escalating small business sector, and dedicated nonprofit organizations play big roles in creating these exceptional communities. As early as 1925, Santa Barbara city planners, recognizing the natural charm of Southern California, set up legislation to protect Spanish Colonial architecture, and the city became the first public in the United States to consider the impact of antique buildings. The County Courthouse, the most usual downtown spot for visiting tourists, is beautified with brightly colored tiles and murals that display major scenes from the city’s history. A church that has been operative for over two centuries, The Old Mission, also known as the “Queen of Missions,” gives a splendid view into the formation of the New World through guided tours and an enormous museum.

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Kenny Slaught Shares The Benefits Of 2012 JOBS Act

Kenny Slaught firmly believes that new intuitive software and mobile applications give investors and builders a greater selection of lending and borrowing opportunities across a variety of real estate asset classes and geographies. The Golden State’s crowdfunding or peer-to-peer lending initiatives emerged with the adoption of the Jumpstart Our Business Startup (JOBS) Act of 2012, which significantly democratized the process in which firms can raise funds for real estate acquisitions and development. The new law allowed the previously banned practice of advertising or publicly seeking private funding from accredited individuals and firms. Individuals with a net worth of $1,000,000, excluding ownership of their personal residences, or with an yearly income of $200,000 or a household with $300,000 per annum, if filed together with a spouse, can become an accredited investor. Kenny Slaught points out that the amendments gave the green light to California borrowers and lenders to participate in debt and equity financing, in which loans generate income in the form of interest, without an official financial institution presiding as an intermediary. This has created a new avenue for property owners and funders to browse new investment offerings, perform due diligence, as well as access dashboards to monitor how assets and financial products are performing.

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Kenny Slaught – Modern Technology Growing Businesses

Technological development is revolutionizing America’s real estate industry, helping property management become more efficient and profitable, as platforms that offer numerous online collaborations and –most importantly –workflow automation are increasing in popularity. This is in large part due to their ability to provide prompt access to accurate and consolidated data and information flow, with Kenny Slaught, the president and founder of Santa Barbara-based Investec Real Estate Companies, sharing insights into how California developers can best apply innovative models and cyber operations in business strategies.

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Kenny Slaught Believes In Rich History Of Santa Barbara Area

Famous architect George Washington Smith is the man behind the California movement known as the Spanish Colonial revival nearly 100 years ago. Smith left Harvard to eventually work as a bond trader, and once he became a wealthy businessman, he moved to Santa Barbara area anticipating a relaxing lifestyle pursuing on his painting interests. However, he was taken by surprise when he learned that everyone loved the home he had designed, prompting him to continue creating architectural gems for other Californians. He preferred authentic materials from Spain and merged new and old world styles. Nowadays Smith’s works are enjoyed for their simplistic beauty and thorough design. He is known as a founding father to Santa Barbara, with many legionsof architects noting his artistic lead. Kenny Slaught celebrates the keen attention to detail needed to design a structure of such artistic distinction.
 
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