SFV BUSINESS JOURNAL DAILY NEWS

Free Speech Coalition Executive Director Steps Down

Eric Paul Leue is stepping down as the executive director of the Free Speech Coalition, the trade group for the adult industry.

Valley Home, Condo Prices Hit Record Highs

Median prices of homes and condominiums in the San Fernando Valley that closed escrow during June hit record highs even as sales slowed due to limited inventory.

Developer Plans 56 Affordable Apartments for Sylmar

A developer has proposed 56 new apartments to be built on a vacant lot in Sylmar at 12663-12667 N. San Fernando Road.

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Business Events Calendar

Business Events throughout the Valleys.

Preview: Complaints Accompany VEDC Chapter 11 Filing

Legal actions look to nonprofit's loans and grants.

Preview: Valley's Last Orange Grove?

One of the San Fernando Valley’s last orange orchards is for sale with plans for development.

Pacoima Credit Union to Merge With Gain Federal in Burbank

Pacoima Development Federal Credit Union has announced it will merge with Gain Federal Credit Union, based in Burbank, effective July 29.

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Public Storage Acquires Georgia Facilities

Public Storage has acquired two new locations in Augusta, Ga.

Amgen, Allergan Launch Cancer Biosimilars in U.S. Market

Thousand Oaks-based Amgen Inc. and Allergan plc, headquartered in Dublin, Ireland, on Friday announced two biosimilar drugs for cancer treatment which the companies co-developed are now for sale in the United States.

Northridge Apartment Complex Near Campus Sells for $7 Million

Cambridge Courtyards, a 28-unit apartment complex at 17931 Devonshire St. in Northridge, has sold for $7 million.

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On-Location Filming Declines in Second Quarter

On-location filming of movies, television series and commercials was down in the second quarter.

Thousand Oaks Data Firm Acquires Marketing Agency

Thousand Oaks data firm Giant Partners has acquired marketing agency Worxstudio to move into the data-driven digital marketing business.

Biotech Company Purchases ImmunoCellular for $1 Million

ImmunoCellular Therapeutics Ltd. has announced a purchase agreement with a privately held biotech company, according to a statement from the Calabasas company on Tuesday.

Affordable Apartments Proposed for Panorama City

The North Valley Area Planning Commission on Thursday will consider plans from Irvine’s Domus Development to construct a 49-unit affordable housing project in Panorama City, according to an Urbanize.LA report.

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Refrigerant Company Expands to India

Alltemp Inc., a refrigerant manufacturer in Westlake Village, has expanded to India, according to a statement from the company on Wednesday.

Canoga Park Police Carnival Canceled After Businesses Complain

A swiftly canceled Los Angeles Police Department street carnival, originally slated to unfurl this week on Sherman Way from Topanga Canyon to Canoga Avenue, put members of the business community along the route on edge.

Firms Partner to Develop Thousand Oaks Senior Living Facility

Canyon Partners Real Estate LLC has provided $10.9 million of preferred equity to Griffin Living to finance the construction of an 86-unit senior living facility in Thousand Oaks.

Capstone Makes Sale in Kazakhstan

An oil and gas producer in western Kazakhstan ordered its first microturbine from Capstone Turbine Corp. for use in a gas-to-energy project.

Simulations Plus to Test Veterinary Medicines for FDA

Simulations Plus Inc. has entered into a five-year research collaboration agreement with the U.S. Food and Drug Administration’s Center for Veterinary Medicine to test drug efficacy in animals.

New Law Requires SoCal Edison Customers to Pay Billions into Wildfire Fund

A bill signed into law July 12 by Gov. Gavin Newsom will require Southern California Edison customers to pay more than $3 billion toward a wildfire fund.

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