Month: May 2018

Aside from a sought after tourist destination, Santa Barbara has presently become a center for young and developing businesses, said Kenny Slaught. Dozens of promising, new companies have been founded in recent years, and many, including AppScale, LastLine, TrackR, and Salty Girl Seafood, have come directly out of the University of California Santa Barbara. With over $200 million raised for area startups from private investors in the last year, the Central Coast boasts nearly twice the investment per capita in innovation than the greater Los Angeles area, a much larger market. While some may feel the tempting pull of Silicon Valley or Hollywood, local entrepreneurs recognize the significance of building a business in an environment that promotes growth. As a result, the region is one of the best places in the country to launch and cultivate startups, spawning remarkable biotech, medical, technology, and scientific businesses like Inogen, Raytheon, Sonos, and BioIQ.

Read more: http://sports.yahoo.com/news/kenny-slaught-examines-santa-barbaras-222300459.html 

A white-hot housing market has many West Coast buyers finding that they need to pay excessively high prices for older, less fashionable homes. Kenny Slaught notes that home prices have been steadily rising since 2008, with common reference, the Standard & Poor’s Case-Shiller home price index, revealing that Los Angeles home prices reached their highest point during April of this year since October 2007. Having moved beyond simply recovering from the recession, Southern California’s larger metropolitan areas are approaching their former peaks. Slaught says the turnaround is due to a number of factors, including interest rates, job growth and supply and demand. As current 30-year, fixed-rate mortgages hover around 3.5% or less, these enticing numbers are nearing 3.31 percent (the record low hit in November 2012) and are encouraging many to buy. Historically low rates, coupled with strong employment numbers, such as a 2.4% gain in Los Angeles County and a 3.5% rise in Orange County, note why values have appreciated in an extraordinarily fast-paced manner. And even though home prices fluctuate considerably statewide, inflated asking prices on higher-end options are second only to Hawaii. The feverish demand for housing cannot currently be met by the slim supply available, with many first-timers forced to pursue condominium-style units: available and within a more modest price range.

Read more: http://sports.yahoo.com/news/kenny-slaught-provides-insight-changing-034500364.html  

Kenny Slaught, founder and president of Investec Real Estate Companies, talks about the history of Santa Barbara’s Spanish Colonial architecture and how the city has worked to maintain its integrity. He addresses the different characteristics that make the design unique to other architectural styles, as well as touches upon the man, George Washington Smith, who made the style popular in California.

Read More: http://www.marketwatch.com/story/kenny-slaught—-discusses-the-history-of-architecture-in-santa-barbara-2016-09-16 

Kenny Slaught supports Hospice of Santa Barbara efforts to provide wide range of services, not only for those facing terminal and chronic illness, but also for their families. Many of the organization’s initiatives focus on the needs of children as they process the impending or recent passing of a family member. Around 20 percent of children suffer the death of a loved one prior to turning 18, and one in 20 children sees the loss of one or both parents before they reach adulthood. Hospice of Santa Barbara seeks to provide those in these scenarios with free mentorship through numerous programs. This support helps children cope with their grief to avoid or alleviate depression, anxiety, and post-traumatic stress disorder (PTSD).

Read more: http://markets.financialcontent.com/investplace/news/read/33633299/Kenny_Slaught_