SFV FINANCERecent and archived news stories on: Banks, Credit Unions, Mortgage Lending, SBA, Stocks/Bonds, Venture Capital, Wealth Management...
The owners of a new Encino apartment complex refinanced their construction loan into a long-term, fixed-rate loan in a transaction arranged by Jones Lang LaSalle Inc.
PennyMac Financial Services of Moorpark has postponed a previously announced private sale of $300 million in senior notes.
L.A. County’s unemployment rate continued its rapid descent in April, falling to its lowest point in nine years.
Agoura Hills-based American Homes 4 Rent, the country’s largest publicly-traded, single-family home landlord, announced the pricing of a $225 million public offering of preferred stock to be $25 a share.
Daniel Greenberg will step down as the longtime chief of Electro Rent Corp. effective in July, it was announced Thursday.
Single-home renter American Homes 4 Rent saw profit and revenue jump during the first quarter thanks to its purchase of a competitor.
The two PennyMac companies of Moorpark on Thursday reported down quarters.
Mission Valley Bancorp reported record first-quarter profits late Wednesday.
The stock of DreamWorks Animation SKG Inc. soared Wednesday following reports that the Glendale studio had attracted the interest of Comcast Corp.
Avery Dennison Corp. on Wednesday announced first quarter earnings that beat expectations as well as an acquisition of a European company with Beverly Hills-based Platinum Equity.
On Assignment Inc. on Wednesday announced first quarter earnings that beat analysts’ expectations.
The Cheesecake Factory Inc. on Wednesday reported first-quarter earnings that beat expectations.
NetSol Technologies Inc. has completed a major installation of its financing and leasing software for Aldermore Asset Finance in the United Kingdom.
Calabasas seller of advertising space on cannabis forums CrowdGather Inc. said it is undergoing a corporate restructuring that includes an agreement with its creditor allowing it to obtain equity financing.
First Banks Inc. has appointed a regional manager for its Central Coast and San Fernando Valley locations, the bank announced earlier this week.