Renowned architect George Washington Smith launched the California movement known as the Spanish Colonial revival nearly 100 years ago. Smith was a person who left Harvard to eventually work as a bond trader. Once Smith became a wealthy businessman, he relocated to Santa Barbara area anticipating a relaxing lifestyle pursuing on his painting interests. However, he was humbled to learn that everyone loved the house he had designed, prompting him to continue creating architectural masterpieces for other Californians. He only used authentic materials from Spain and celebrated new and old world styles. Today Smith’s works are enjoyed for their basic beauty and thorough design. He is known as a founding father to Santa Barbara, with ongoing generations of architects noting his artistic prominence. Kenny Slaught recognizes via his blog the keen attention to detail necessary to design a structure of such artistic mastery.

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Recognized as a world famous tourist destination, this coastal California town, north of Los Angeles, is full of beautiful buildings with a rich history. From Spanish inspired homes to intricately adorned archways and structures, the city was developed with the intention of an appealing design that would limit uncontrolled growth. As a passionate Santa Barbara real estate professional, Kenny Slaught, provides insight into how the architectural integrity was upheld throughout the years. Maintaining the natural charm of this region was intentional and as early as 1925, city planners enacted development controls to prevent demotion of Spanish Colonial architecture. The community was the first in the United States to proactively think about the importance of historic buildings. Controls were put in place and guidelines were designed to preserve unique structures and park spaces. In 1960 Santa Barbara established legal protection for historic landmarks.

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California’s crowdfunding or peer-to-peer lending came about after the adoption of the Jumpstart Our Business Startup (JOBS) Act in 2012, which greatly increased the ways in which sponsors raise funds for real estate purchases and development. The new regulation permits the previously banned promotion or openly solicitation of private funding from accredited people and firms. Anyone with a net worth beyond $1,000,000, not including ownership of 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 become an accredited investor. Says Kenny Slaught, the amendments gave the go ahead to individual borrowers and lenders to partake in debt and equity financing, where loans generate income in the form of interest, but without an official financial institution there as an intermediary. The online marketplace provides 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.

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When human lives are concerned, Kenny Slaught is convinced medical research and practice need expanding horizons for timely and holistic global health interventions. “These grants are meant to spur on new discoveries that could ultimately save millions of lives,” explained Chris Wilson, director of Global Health Discovery at the Bill & Melinda Gates Foundation. “GCE winners are expanding the pipeline of ideas for serious global health and development challenges where creative thinking is most urgently needed.”

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