SFVBJ CURRENT EDITION
Real Estate Crystal Ball
What to expect in 2020 for the Valley’s office, industrial, retail and multifamily markets.
2020 marks a new decade – and possibly a turning point for the commercial real estate market.
Mian Dynasty Expanding in Ventura County
From Calabasas to Camarillo, developer has big plans for hotels.
Across from Camarillo Premium Outlets, tractors work away on a busy construction site.
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.
Generic Drug Plan in 2021 State Budget
$222 billion proposal focuses on affordable prescriptions.
Gov. Gavin Newsom, as part of the state’s $222 billion budget, is proposing a generic drug program called CalRx to help lower drug costs for Californians.
Medical Device Makers Relieved by Tax Repeal
Second Sight, Medtronic pushed to end assessment.
The U.S. Senate last month passed bipartisan legislation to repeal a medical device excise tax, which would have impacted device developers and manufacturers across the country, including some big players in the San Fernando Valley.
Small Firm Recruits Big Executive
Dyve takes on former Pfizer manager to lead scientific team.
A small pharmaceutical company in Thousand Oaks, Dyve Biosciences, has brought on a longtime Pfizer executive and co-inventor of the drug Zoloft, Dr. Chuck Harbert, to be its chief scientific officer.
After a Tough 2019, Apex Looks for Growth
Chief executive responds to analyst’s gloomy assessment.
Sherman Oaks apparel licensing company Apex Global Brands may not live to see 2021, according to business analysis site Seeking Alpha. But Chief Executive Henry Stupp sees better times in 2020.
Landlords Can Weather The Retail Apocalypse
Shopping centers get creative as department stores close.
While the stock market had a banner year in 2019, not every company enjoyed robust gains.
Tech Suite Complete on Movie Sets
Acquisition will enable cloud-based moviemaking
Entertainment Partners has acquired SyncOnSet Technologies, creator of collaboration and productivity tools for the entertainment production community.
Film 2020: Something For Everyone’s Tastes
After Disney’s big year, other studios have opportunity.
The coming year will be an interesting one for Hollywood, according to one industry insider.
Funny First In Cinedigm Playbook
Distributor puts Comedy Dynamics on platforms.
Entertainment content distributor Cinedigm Corp. has inked several new deals, including one for eight of its networks with a global streaming service.
Architects on Holiday With Big Names
Johnson Fain party features a who’s who of L.A. realty.
Holiday spirits ran high and flowed at Johnson Fain in downtown Los Angeles’ Chinatown, where such commercial real estate heavyweights as John Cushman, founder of Cushman & Wakefield; his colleague, Bob Ortiz; Stuart Morkun, who heads up the Los Angeles office of Mitsui Fudosan America; and Wayne Ratkovich of the Ratkovich Co. intersected at the architecture studio’s annual holiday bash.
Facelift in West Valley
Two-story lobby renovated at Woodland Hills office tower.
Since New Year’s Day, Douglas Emmett Inc., the Santa Monica-based owner of Warner Center Towers, has undertaken a renovation of the lower and mezzanine lobbies at 21550 Oxnard St. in Woodland Hills.
Gehry, Governor Attend Iceberg Event
Groundbreaking launches work on Burbank offices.
The Governor of California, the world’s most famous living architect and a new studio head all gathered in Burbank Jan. 14 to officially kick off a groundbreaking for Warner Bros. Entertainment’s Second Century Project, a reconfiguration of its studio real estate.
Gelt Flips 232 Units for $63 Million
Tarzana firm realizes 37 percent gain in five years.
Tarzana real estate investment and management firm Gelt Inc. has sold its 16-building multifamily property Monterra Ridge Apartments in Santa Clarita for $62.5 million, according to the company.
Retail Revival Via Senior Housing?
Calabasas developer has one answer for the future of shopping centers.
Paul Griffin III, a fifth-generation homebuilder and chief executive of assisted living facility developer Griffin Living, has a more inclusive approach to senior housing development.
Reworking Chatsworth
Developers are working to emphasize the industrial value of the Valley’s northwest corner.
Entering a new decade in the 21st century, Chatsworth has come a long way from its punchline reputation in the 1980s as the capital of the porn industry.
$1 Billion Office Makeover at Warner Center
Adler to put 12 buildings plus hotel and housing in Woodland Hills.
There’s a dozen new reasons to embrace Woodland Hills’ office sector, according to brokers and city staff familiar with the submarket.
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