Presidio’s Venture with San Joaquin Valley Homes Adds 732 New Homes to Local Market

Presidio Residential Capital, headquartered in San Diego, working with Visalia-based development company San Joaquin Valley Homes, is investing $23 million to build five new communities in Tulare and Kings counties. The developments will add 732 new homes to the Valley’s rapidly expanding housing market. “The San Joaquin Valley is developing quickly, and this partnership allows […]

Fitch: Extreme California Drought Not Likely to Pressure Financial Ratings

Fitch Ratings expects California water and public power utilities to maintain strong operational and financial performance over the next year, despite the effects of the statewide drought. Fitch expects the statewide call for conservation will lead to a drop in water sales, which could impact water utilities in fiscal year 2015. However, most California utilities […]