San Fernando Valley Business Journal

Triton Media Wins Bloomberg Contract

Triton Digital has won a contract with Bloomberg Media to manage, measure and monetize its digital audio content.

Assisted Living Facility Breaks Ground

An assisted living and memory care facility has received more than $16 million in financing to break ground this month in Thousand Oaks.

MannKind Faces Delisting, Shares Slump

MannKind Corp. on Friday announced that it has received a delisting notice from the Nasdaq stock exchange, as the company has traded below $1 for more than 30 days.

FDA Approves Amgen's Humira Biosimilar

Amgen Inc.’s biosimilar to top-selling drug Humira was approved Friday by the U.S. Food and Drug Administration.

IHOP Names Culinary VP

DineEquity Inc.’s IHOP restaurants has named a new vice president to lead its culinary division, the company announced Thursday.

Business Events Calendar

Business Events throughout the Valleys.

Valley Businesses Fear ‘Anti-Development’ Measure

The November ballot is crammed with issues, but businesspeople already are fretting about the following election. At least, the so-called Neighborhood Integrity Initiative, which is to be on the March 7 ballot in Los Angeles, got a big share of the attention – and opposition to it got the most applause – at a chamber luncheon Thursday.

Investor Pays $37 Million for Thousand Oaks’ Largest Industrial Building

Thousand Oaks’ largest industrial building has sold for more than $37 million to a local investor.

North Hills Apartments Fetch $2.3 Million

A 16-unit apartment building in North Hills has sold for $2.3 million, or more than $184 per square foot.

BYD Wins Electric Bus Award

BYD Motors Inc. received the 2016 Electric Bus of the Year Award from the Los Angeles Sustainability Council.

Chatsworth Apartment Complex Sold for Nearly $73 Million

The nearly 350-unit Waterstone Apartment Homes in Chatsworth has been sold for $72.5 million to an undisclosed buyer.

Semtech, Partners Build New Zealand Network

Technology developed by Semtech Corp. has been used in a wide area network covering more than half the population of New Zealand.

Study Confirms Effectiveness of Amgen Osteoporosis Drug

Amgen Inc. and UCB Inc. have released results from their Phase III FRAME study of osteoporosis medication Romosozumab.

DTS Acquired for $850 Million

Audio technology developer DTS Inc. will be acquired by a Silicon Valley company in a deal valued at $850 million.

Buyer to Turn Tower at Sherman Oaks into Creative Offices

The Tower at Sherman Oaks has traded for nearly $57 million, with the new buyer saying it will turn the property into creative office space.

NoHo Apartment Sold for $10 Million

A 10-unit apartment building in North Hollywood has traded hands for $2.4 million, according to brokerage Marcus & Millichap.

Richard Leyner, Broker and Chamber Leader, Dies

J. Richard Leyner, executive vice president of Illi Commercial Real Estate in Encino and a longtime San Fernando Valley broker, passed away on Sept. 17, the Encino Chamber of Commerce announced Monday. He was 79.

Real Industry Names CFO

Real Industry Inc. has hired an insider as its new chief financial officer, the company has announced.

August Home Prices Reach Nine-Year High

Single-family homes in the San Fernando Valley sold in August for their highest monthly prices since 2007, according to the Southland Regional Association of Realtors Inc.

Cal Lutheran Economists Honored for Accurate Predictions

Two Cal Lutheran economists are among the winners of the National Association for Business Economics’ annual Outlook Award competition, the university announced Friday.

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