Joel Russell

Editor

Joel Russell is editor of the Business Journal and is responsible for the content of the publication.

Email: jrussell@sfvbj.com
Phone: 818-316-3125 Extension: 116

Recent Stories

VALLEY INSIDER: Postage Stamp Honor

Postage Stamp Honor

Studio City Apartment Complex Trades for $5.4 Million

Jad’s Garden, a 15-unit apartment complex in Studio City, has sold for $5.4 million.

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Cinedigm to Live Stream Saturn Awards

Cinedigm’s fan-focused network CONtv will live stream the Saturn Awards on Sept. 13.

Cal Lutheran No. 9 in U.S. News Ranking

California Lutheran University attained its highest spot ever in the U.S. News 2020 Best Colleges report with a ranking of No. 9 among regional universities in the western United States.

Former Auto Showroom in Woodland Hills Sells for Nearly $6 Million

The former site of the Exotic Euro Cars dealership and showroom in Woodland Hills has sold for $5.75 million, according to brokerage Marcus & Millichap Inc.

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Lotus Pushes Limit on Price

Galpin Motors to sell $2.5 million car at North Hills dealership.

Galpin Motors to sell $2.5 million car at North Hills dealership.

VALLEY INSIDER

After Half Century, Manson Still Fascinates

Media Attorney at Lewitt Hackman pens book with chapter on Manson murder trial.

Fernando Award Finalists Announced

The Fernando Award Foundation has announced the finalists for the 2019 Fernando Award.

Tariffs, Homeless Top Issues at VICA Congressional Luncheon

Four members of Congress spoke at the Valley Industry & Commerce Association’s Congressional Luncheon on Friday.

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Galpin Unveils $2.5 Million Electric Lotus

Galpin Motors unveiled the world’s most powerful electric car Thursday at its Galpin Lotus dealership in North Hills.

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AeroVironment Donates Drones to 35 Agricultural Schools

AeroVironment Inc. has donated 87 Quantix hybrid drones ecosystems to the agricultural departments at 35 universities throughout the U.S.

VaLLEY INSIDER

Rubber Duck Philanthropy in Palmdale

Rubber Duck Philanthropy in Palmdale

VALLEY INSIDER

Attorney Runs Firm and Ironman Competitions

Lawyer runs in Ironman races.

Asgn’s Quarterly Report Features ‘CEO Transition Expenses’

Asgn Inc. fell a penny shy of analyst expectations for earnings and met them on revenue during the second quarter, a period which included the transition to a new chief executive.

VALLEY INSIDER

Canines Help Sell Cars in Valencia

Canines Help Sell Cars in Valencia

CSUN Tax Help Boosts Economy

Program delivers $14.8 million to Valley residents.

Program delivers $14.8 million to Valley residents.

Around The Valleys

News and notes from the greater San Fernando Valley

News and notes from the greater San Fernando Valley

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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Car Promoter Hits Road to National Parks

VALLEY INSIDER

Travel Auto marketer visits national parks.

VALLEY INSIDER: Attorney Organizes Charity Veggie Chopping

Attorney organizes volunteer cooking sessions.

Attorney organizes volunteer cooking sessions.

New Self-Storage Facility Coming to Glendale

Trojan Storage, a Los Angeles-based self-storage company, has purchased a site in Glendale to build a new storage facility.

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Thousand Oaks Art Museum Elects New Chairman

The California Museum of Art Thousand Oaks board of directors has named Len Linton, president of Guardian Insurance Services, as the nonprofit’s new chairman.

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New CEO at Atara Biopharmaceuticals

Atara Biotherapeutics Inc. has appointed of Dr. Pascal Touchon chief executive officer and member of the board, the company announced Tuesday.

Techie Tries Authorship

Entrepreneur pens a humor book.

VALLEY INSIDER

Peer Group Provides Comfort Zone for CEOs

Peer group for CEOs.

Tamara Hughes Gustavson to Chair American Homes 4 Rent Board

American Homes 4 Rent has named Tamara Hughes Gustavson as chairwoman of its board of trustees, the company announced Thursday.

Palmdale Plant Receives $17.7 Million Tax Benefit

California State Treasurer Fiona Ma has awarded Northrop Grumman Corp. a $17.7 sales tax exclusion for the purchase of new equipment to expand and upgrade its aerospace manufacturing factory in Palmdale.

Attorney Blows Off Steam Playing Trombone

Valley Bar’s trombone playing president elect.

Colliers Appoints Executive to Oversee Valley Offices

To further expand its business in the five-county Los Angeles commercial real estate market, Colliers International has appointed a new executive to oversee seven offices, including three in the greater Valley region.

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BNK Petroleum Reviews ‘Strategic Options’

BNK Petroleum Inc. has started “a formal process to identify and evaluate strategic options,” including a possible sale or merger of the company.

Cinedigm Shares Gain on Chinese Movie Deal

Shares of Cinedigm Corp. gained more than 5 percent Wednesday in the next trading session after the company announced a deal to distribute Chinese movies.

Valley Home Sales Reach Record Low as Prices Fall

The number of homes sold last month in the San Fernando Valley reached a record low for February, even as inventory expanded and prices softened, according to a report from the Southland Regional Association of Realtors.

Dine Brands Lookin’ Good in the Neighborhood

RESTAURANTS: Share price jumps on strong fourth quarter revenue growth.

Dine Brands sees strong fourth quarter.

The Number

Ventura County’s military personnel.

Princess Cruises Launches First International Advertising Campaign

Princess Cruises launched its first advertising campaign written and produced specifically for Asia and emerging markets on Wednesday.

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Sienna Slumps on Secondary Offering Announcement

Sienna Biopharmaceuticals Inc.’s announcement that it will conduct a secondary stock offering this week to raise $20 million sent shares down 18 percent on Wednesday.

Tutor Perini Wins $1.4 Billion Contract for Purple Line Extension

A joint venture between Tutor Perini Corp. and O&G Industries Inc. has received a notice of intent to award a $1.4 billion contract for the construction on Metro’s Purple Line Extension in Westwood.

The Number

A report from Calabasas-based brokerage Marcus & Millichap Inc. estimates the average rent for an apartment in Los Angeles is $2,350

Mergers & Acquisitions

Special Report: Accounting

Accountants see change in their industry.

Niches of the Number Crunchers

Special Report: Accounting

Accountants see change in their industry.

PennyMac Mortgage to Sell 7 Million Shares in Offering

PennyMac Mortgage Investment Trust plans to raise capital by 7 million of its shares, the company announced Monday.

A Steakhouse Selling Meat By the Ounce

Restaurant adapts a fast-casual format to stuffy sector.

Relaxed approach to serving steak.

Amgen Delivers Strong Fourth Quarter

Amgen Inc. announced fourth quarter results that beat Wall Street expectations on Tuesday.

Simi Valley Chamber Selects New CEO

Simi Valley Chamber of Commerce has selected Kathi Van Etten as the chamber’s new president and chief executive.

Online Home Brokerage Rex Secures $45 Million investment

Rex, a Woodland Hills company that uses technology to sell homes, has secured $45 million in Series C funding.

The Number

What Woodland Hills companies pay for internet services

What Woodland Hills companies pay for internet services

Limoneira Posts Record Revenue for 2018

Limoneira Co. had total revenue of $129 million last year, a record for the company.

Disney CEO’s Compensation Totals $65 Million

Robert Iger, the chief executive of Walt Disney Co., took home more than $65 million in compensation last year, according to the Burbank media and entertainment company filings with the Securities and Exchange Commission on Friday.

Capstone Sells Follow-on Turbine

Capstone Turbine Corp. received a third follow-on order for a microturbine from a company with natural gas operations in the Mid-Atlantic region.

Tutor Perini to Build Parking for Charleston Airport

A subsidiary of Tutor Perini Corp. has won a contract worth $88 million to build a parking structure at the Charleston International Airport in South Carolina.

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