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Glendale's Doran Lofts Sell for $12.6 Million

A private investor has acquired the Doran Lofts apartments in Glendale for $12.6 million.

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Disney Divests FoxNext Game Studio

Walt Disney Co. in Burbank sold game developer FoxNext Games to Culver City-based mobile game publisher Scopely Inc. for an undisclosed sum.

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Teledyne Beats Estimates for Fourth Quarter

Teledyne Technologies Inc. beat Wall Street estimates on earnings and revenue for the fourth quarter.

Business Events Calendar

Business Events throughout the Valleys.

Northridge Multifamily Complex Acquired for $14.9 Million

Champion Real Estate Co. has acquired Valleywood Apartments, a 42-unit multifamily property in Northridge, for $14.9 million.

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Illumination Dynamics Becomes First Tenant at Needham Ranch

Illumination Dynamics has completed a move to its new headquarters, the first building at the Needham Ranch complex in Santa Clarita.

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Update: Kaiser Closes ER Because of Broken Water Pipe

Kaiser Permanente Woodland Hills Medical Center late Tuesday closed its urgent care services and its emergency department.

LTC Acquires Three Assisted Living Facilities for $33 Million

LTC Properties in Westlake Village has invested $33 million in out-of-state acquisitions.

FloQast Raises $40 Million in Growth Capital

Accounting software developer FloQast has raised $40 million in a series C funding round.

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Broken Water Pipe Cancels Surgeries at Kaiser Hospital

Following a water main break, Kaiser Permanente Medical Center in Woodland Hills has canceled surgeries and doctors’ appointments.

AMS Fulfillment Buys Pennsylvania Company

AMS Fulfillment Holdings has acquired EchoData Group, a fulfillment services company with operations on the East Coast. Financial terms of the transaction were not disclosed.

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College Savings App Receives VC Investment

College savings app U-Nest has announced an investment of $3.5 million from Northwestern Mutual Future Ventures.

NoHo Arts District Apartments Sell for $2.3 Million

An apartment complex with eight units in North Hollywood has sold for $2.3 million to an undisclosed buyer.

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PS Business Park’s $30 Million Property Trade

PS Business Parks Inc. has purchased two business parks and sold one single-tenant office building.

Pier 1 Stores to Close in Northridge, Thousand Oaks

Pier 1 Imports stores in Northridge and Thousand Oaks are among the 450 across the country that will close in the coming months.

Dog Nonprofits in Friendly Merger

Sylmar organization thinks deal will give animals more job options

Two service-dog nonprofits – Guide Dogs of America in Sylmar and Tender Loving Canines Assistance Dogs in San Diego – have announced a merger, effective in early January.

Group Think Leads to Business Book

Class members pen chapters on organizational challenges.

A group of graduate students in the San Fernando Valley have written a book titled “People Practics: 17 Practical Tactics for Business & Nonprofit Success.”

Another Year, Another Teledyne Strategic Deal

TECHNOLOGY: Purchase provides ‘complete set’ in data storage segment.

Teledyne Technologies Inc. got the new year off to a familiar start – by making an acquisition.

Spin-Off Success

BROKERAGE: From NAI Capital to his own firm, Yair Haimoff has become a force in industrial real estate.

Amid the many success stories in the Valley region’s real estate industry the career trajectory of Yair Haimoff stands out.

Railroad Blues

Light railcar manufacturer Kinkisharyo International LLC laid off more than 100 employees at its Palmdale plant last year and job cuts are expected to continue in 2020.

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