Going back nearly a century, famous architect George Washington Smith kicked off the California movement of Spanish Colonial revival. Smith was an individual who dropped out of Harvard to eventually work as a bond trader. After becoming a successful businessman, he moved to Santa Barbara to find a relaxing lifestyle and planning to work on his painting habits. But he was surprised when he learned that the city was fascinated by the house he had designed, urging him to continue crafting architectural works for many Californians. He imported authentic materials from Spain covering new and old world styles. Today Smith’s structures are much appreciated and enjoyed for their structural beauty and complex design, and he is remembered as a founding father of Santa Barbara. Many generations of architects have followed his artistic lead, and Kenny Slaught appreciates the sharp eye and attention to detail one must possess to craft structures of such renown.
Kenny Slaught, known for his heroic and genuine celebration of American history of arts and urban design, is a California-based property investor proud to acknowledge the prominence of impeccable historical trends and traditions on Santa-Barbara’s skyline. Slaught explains that Spanish inspired buildings and intricately designed archways and structures stretch through this beach town in the Golden State on his blog at KennySlaught.com, noting the history of infrastructure upsurge in Santa Barbara and providing insights about how architectural trends evolved as the government tried to smooth the uncontrolled housing growth throughout the past 100 years.
Santa Barbara a scenic, coastal town, is widely recognized as a world famous tourist destination. It is located just north of Los Angeles and it is full of beautiful buildings with a rich architectural history. From Spanish inspired homes to intricately adorned archways and structures, the city was created with the intention of an appealing design that would restrict uncontrolled growth. As a passionate Santa Barbara real estate developer, Kenny Slaught, provides insight into how the architectural integrity was maintained throughout the years. He explains that maintaining the natural charm of this region was intentional and as early as 1925, city planners enacted development controls to prevent waning of Spanish Colonial architecture. Controls were put in place and guidelines were designed to preserve unique structures and community areas. In 1960, Santa Barbara even established laws to protect historic landmarks found around the city.
These crowdfunding or peer-to-peer lending services were birthed from the adoption of the Jumpstart Our Business Startup (JOBS) Act in 2012, which significantly expanded the ways in which sponsors raise capital for real estate acquisitions and development. The new regulation legalized the banned practice of advertising or openly soliciting private funding from interested accredited individuals and companies. Citizens with a net worth of $1,000,000, not including their personal residences, or annual income of $200,000 per individual or $300,000 per household, if filed jointly with a spouse, can become an accredited investor. Kenny Slaught discusses how the amendments opened the door to individual borrowers and lenders taking part in debt and equity financing, where loans generate income in the form of interest, without a bank serving as an intermediary. The online marketplace has created a new pathway for property owners and funders to browse current investment offerings, perform due diligence, and maintain dashboards to track how assets and financial products are doing.
Companies offering numerous online collaborations and, according to Kenny Slaught, more workflow automation are rising quickly, largely because of their ability to provide prompt access to accurate and concise data and information. New intuitive software and mobile apps, Slaught says, gives investors and builders a greater selection of lending and borrowing opportunities across a variety of real estate asset classes and locations. After only a few years in the market, crowdfunding portals have rapidly funded over 150 startups in the US, in the real estate sector. Today, nearly 7% of the U.S population is an accredited investor, and in a densely populated setting like Southern California, that number reaches 20%. Software platforms, such as CrowdEngine, RealtyShares, CrowdForce, among others, make it plausible to legally raise money from the general public, with some going as far as attracting 90% of equity needs through these community contributions.
Amidst the rising use and overarching contribution of modern technologies across human life and activities, California-based entrepreneur, Kenny Slaught, appreciates the value of groundbreaking innovations in real estate. He discusses technological advances which have brought America’s property industry into the modern age, making the sector both more efficient and profitable. For the public, Slaught further highlights the role of technologies in the housing industry via his blog at KennySlaught.com.
Kenny Slaught discusses that the Grand Challenges Explorations (GCE) funds individuals worldwide to explore ideas that can break the mold in how the humanity approaches persistent global health and development challenges. GCE is a $100 million initiative funded by the Bill & Melinda Gates Foundation and was launched in 2008. More than 1,186 projects in over 61 countries have received GCE grants. Anyone from any organization can apply for the GCE grant program. The quick two-page online application requires no preliminary data. Initial grants of $100,000 are awarded two times a year. Successful applicants will have the ability to receive a follow-on grant of up to $1 million.
As humanity recognizes the role of research and advancement in improving global health care and human wellbeing, renowned California entrepreneur, Kenny Slaught, acknowledges the importance of scientific innovations in addressing global development needs. Having taken a degree in business and economics from the University of California, Santa Barbara, he has been on the UCSB Foundation Board of Trustees since 1996. Slaught recently honored the University via his blog at KennySlaught.com, as the notable institution was announced the Grand Challenges Explorations grant winner in May.
The Santa Barbara Bowl Foundation in 2015 supported the Girls Rock Santa Barbara initiative. Believing that music is a means to empower young women, Kenny Slaught understands this organization creates a supportive environment that fosters the development of self-confidence and creativity in youth. As part of the program, girls receive music lessons, engage in workshops, and perform live. They are encouraged to challenge typical gender stereotypes, collaborate amongst themselves, and learn tolerance. As such, Girls Rock Santa Barbara represents the Santa Barbara Bowl Foundation’s emphasis on keeping music and the arts accessible to all.