SFVBJ CURRENT EDITION
Apple Tree’s Seed Money
Tax credit helps buy, rehab low-income apartments.
Hunt Capital Partners announced in November that it had closed a $13.7 million federal low-income housing tax credit equity financing for the acquisition and rehabilitation of Apple Tree Village.
Property Managers Wait for Other Shoe to Drop
LIST: Landlord reps worry December lockdown may undo rent collection gains.
Since the economy bottomed out last spring, rent collections at malls and other retail centers in North Los Angeles have seen monthly incremental hikes as landlords and tenants engage in a delicate dance of payment agreements.
Corporate Strength Can Help Operators in Crisis
LIST: Food service firms account for most names on Business Journal’s directory.
Franchised restaurants, often with strong brand recognition and support from well-capitalized corporate owners, may seem better equipped than independent restaurants to survive a crisis such as the coronavirus pandemic, but that assumption isn’t always true.
Wealth Managers’ Wild Ride
Financial advisors weathered market downs and ups during a year of surprises.
The onset of the coronavirus caused one of the sharpest nosedives in the history of global capital markets. Between Feb. 20 and April 7, the Nasdaq tumbled an unprecedented 1,864 points, a loss of nearly 20 percent.
Manage Client Expectations for Smoother Ride
Lamar Hudson avoided panic during pandemic by sticking to goals.
From an office in Woodland Hills, Lamar Hudson provides comprehensive financial advice to a variety of clients – individuals, business owners, nonprofits and charities.
Buying into Market Dip to Rebalance Portfolios
One of Jason Sands’ clients asked how he could help others financially during tough times.
Wealth manager Jason Sands sought to keep clients on track for their long-term goals during the year of crisis, while also meeting short-term needs.
The Man With an Investment Plan for 2021
Tony Battaglia, branch manager at Raymond James’ Woodland Hills office, discusses risk assessment.
Tony Battaglia believes in the power of a plan.
Flood of Phone Calls Followed by Gains
In a two-day period, Steve Davis fielded150 phone calls from clients with questions.
Wealth manager Steve Davis can attest that 2020 was a year unlike any other.
Mortgage Brokers’ Bonanza
In midst of pandemic, low interest rates foster home-buying and refinance surge.
The coronavirus pandemic and efforts to suppress it have shaken the national housing market – and given some segments a considerable boost.
Semtech and Amazon Sign Third Deal
Latest agreement for cloud computing develoment.
Semtech Corp. has teamed with Amazon Web Services Inc. to offer its long range, low power wide area network (LoRaWAN) protocol for Amazon’s managed cloud service.
Pet Tracker Technology Resized for Tiny Collars
Huan based product design on feedback from owners.
Pet tracking system Huan has expanded its product line with the release of Tiny Tags.
Eta Compute Series C Gets $12.5 Million
Investment features artificial intelligence marketing deal.
Eta Compute Inc. announced last month it had raised $12.5 million in a Series C round of funding.
Casa Pacifica Moves to New Offices in Camarillo
Space consolidation saves for community programs.
Casa Pacifica has found a new home for its community-based programs.
Streamer Channel Showcases Kids in the Spotlight
IndieFlix to feature short films made by foster youth.
More than 70 films written and directed by foster youth as part of an educational program run by a Burbank nonprofit have become available for public viewership for the first time.
First Home COVID Test In Valencia
Ellume’s $30 kit secures approval from the FDA.
Digital diagnostics company Ellume Inc., an Australian company with U.S. operations in Valencia, developed the first at-home COVID-19 test approved by the U.S. Food and Drug Administration.
Lancaster Looks to Form Health Agency
Antelope Valley city wants autonomy in regulation.
The city of Lancaster took a hammer to the Los Angeles County Department of Public Health, first backing a vote of no confidence in its director, Barbara Ferrer, then commissioning a study on how to form a separate public health department.
Resonance’s Soothing VR Platform
Audio, video calms patients during MRI procedure.
Resonance Technology in Northridge demoed its virtual reality platform at the Radiological Society of North America’s virtual event last year, a bright point for the small medical device manufacturer.
Crisis Messaging
PROFILE: Mustang Marketing’s Dianne McKay counsels clients to stay on message during pandemic.
Dianne McKay took the helm as sole owner of Mustang Marketing in April, with the retirement of founder Scott Harris.
Cronies Sports Bar Defies COVID Crackdown
RESTAURANT: Agoura Hills watering hole racks up fines, loses permits and licenses.
Cronies Sports Bar and Grill, nestled in the Agoura Meadows Shopping Center at 5687 Kanan Road, entered the national spotlight last month as one of the first restaurants to openly defy Los Angeles County’s outdoor dining ban and continue serving patrons on site.
Audio Company Moves into Car Monitoring
AUTOMOTIVE: AutoSense checks on driver, passengers, children and pets in vehicle.
With its vehicle occupant monitoring system, audio equipment maker DTS Inc. will make a play for a new market beyond its traditional buyers.
Extra Work on Teledyne’s French Acquisition
TECHNOLOGY: Company adjusts terms and price to reach deal with government.
In a rare move by a company that has grown through its acquisitions, Teledyne Technologies Inc. has made only one in the past year.
GONE Green
Westfield’s former senior vice president starts his own real estate investment fund.
Larry Green, the former vice president of Unibail-Rodamco-Westfield, has formed his own company L. Green Investment and Development in Calabasas.
VALLEY INSIDER
Gaines Gets Tribute
At its Dec. 2 meeting on Zoom, the Calabasas City Council recognized Fred Gaines for his service.
Valley Microloans Add to $3 Million
City program seeks to convert debt to grants for struggling businesses.
In an effort to keep voters informed on which businesses were able to benefit from L.A.’s microloan program, Los Angeles City Controller Ron Galperin’s office launched a microloan tracker website at the beginning of December.