New intuitive software and mobile applications, Kenny Slaught believes, give investors and builders a greater selection of lending and borrowing opportunities across a variety of real estate asset classes and geographies. California’s crowdfunding or person-to-person lending campaigns rose after the adoption of the Jumpstart Our Business Startup (JOBS) Act in 2012, which openly democratized the ways, in which sponsors raise funds for real estate acquisitions and development. The new regulation permits the previously forbidden practice of promoting or openly soliciting private funding from accredited people and firms. Anyone with a net worth exceeding $1,000,000, not including their personal residences, or with an annual income of $200,000 or a household with $300,000 per year, if filed jointly with a spouse, can qualify as an accredited investor. Kenny Slaught says that the amendments gave the go ahead to individual borrowers and lenders to engage in debt and equity financing, where loans generate income in the form of interest, but without an official financial institution acting as an intermediary. These campaigns have generated a new avenue for property owners and funders to browse new investment offerings, perform due diligence, access dashboards to track how assets and financial investments are performing.
Hospice of Santa Barbara serves not just for those facing terminal and chronic illness, but also provides support to their families. Many of the programs at the organization are built for children struggling with the impending or recent passing of a family member. Kenny Slaught notes that about 20 percent of children experience the death of a loved one prior to turning 18, and one in 20 children facing the death of one or both parents before prior to adulthood. Hospice of Santa Barbara has been working to provide individuals in these situations with complimentary support via numerous programs and help these individuals cope with grief so they can avoid or mitigate depression, anxiety, and post-traumatic stress disorder (PTSD).
Certain famous Santa Barbara architectural structures include, the hundred-year-old Hotel Virginia, El Pueblo Viejo district in historic hub and the two pink towers of the Old Mission, which is the popular venue of retreats and celebrations. The vibrantly colored tiles of the County Courthouse houses stunning displays of murals and other striking features. Nearby, is the clock tower and observation area, which offers a panoramic view of the whole town. The Lobero theatre not only hosts the regions leading performing arts events but also goes back to 1873 and was updated in the 1920’s by George Washington Smith. These are some cases of the extravagant history in Santa Barbara as per Kenny Slaught, where, because of the founder’s advanced development, many antique, architecturally significant buildings line the streets of the old areas.