SFV BUSINESS JOURNAL DAILY NEWS

NetSol Hires Investor Relations Firm

NetSol Technologies has hired RedChip Cos. to handle its investor relations efforts, the company announced Tuesday.

Chatsworth Apartments Sell for $102 Million

Waterstone, a 354-unit apartment building in Chatsworth, has sold for $101.8 million, or more than $288,000 a unit.

Tease photo

Trio-Tech Creates Joint Venture in China

Trio-Tech International announced it has entered into a joint venture with a Chinese company to provide testing and burn-in services for semiconductors.

Capsida Names C-Level Execs

Thousand Oaks-based gene therapy company Capsida Biotherapeutics on Tuesday announced the appointment of Peter Anastasiou as its chief executive officer effective Jan. 3.

Business Events Calendar

Business Events throughout the Valleys.

Dispute Involving Semtech Settled

Semtech Corp. has settled a lawsuit with a Texas company over allegations that it engaged in business disparagement and interference with business relations of the other company.

Amgen Stock Surges Thanks to Goldman Sachs

Thousand Oaks-based Amgen Inc.’s stock experienced a significant rise on Monday following news that Goldman Sachs initiated coverage of the biotech giant with a buy recommendation.

Cal Lutheran Denies Gallegly Charges

California Lutheran University has denied the claims made in a lawsuit filed recently by Elton Gallegly alleging that the Thousand Oaks school had breached a contract and refused to account for donated money, saying leadership is “disappointed” by the former congressman’s decision to pursue legal action.

Simi Valley Apartments Sell for $190 Million

A two-property multifamily portfolio totaling 504 units sold in Simi Valley for $190 million, or nearly $377,000 per unit.

Tease photo

Preview: Record Year for IPOs

Valley companies take active role in acquisitions and public market openings.

Thousand Oaks Approves Caruso’s Lakes Residential Development

The property where the Caruso company’s Lakes retail center is located in Thousand Oaks will be sold to Rick Caruso in a deal that will allow the real estate developer to add a six-story residential apartment building to the site.

Tease photo

LTC Originates $52.5 Million Loan for Senior Housing Purchase

Westlake Village-based real estate investment LTC Properties announced that it has originated a $52.5 million unitranche loan for the purchase of a senior housing portfolio that includes 13 properties in North and South Carolina.

Tejon Ranch’s Centennial Project to Advance After Agreement With Environmental Group

Tejon Ranch Co. will see its long-stalled 6,700-acre Centennial master-planned project near Gorman go forward after the company made an agreement with environmental nonprofit Climate Resolve to drop its lawsuit.

Merger Causes SRAX to Deconsolidate Bigtoken’s Financials

Westlake Village-based fintech company SRAX Inc. announced that it will no longer include the financials of Bigtoken following the survey app’s merger with BritePool.

Ken Craft Named Star of the Valley by Economic Alliance

Ken Craft, founder and chief executive of the Hope of the Valley Rescue Mission, will be awarded the 2022 Stars of the Valley Humanitarian Award.

Tease photo

Susan Arnold Named Chairman of Disney Board, Replaces Iger

Walt Disney Co. announced that Susan Arnold has been elected as chairman effective Dec. 31, replacing Robert Iger.

Semtech Beats Expectations; Stock Up

Semtech Corp., a Camarillo-based supplier of analog and mixed-signal semiconductors and algorithms, reported financial results that beat expectations.

Residential Tower Eyed for Glendale

A 294-unit apartment building with a public plaza has been proposed for the city of Glendale.

Maker of High-Tech Coffee Mugs Gets $23 Million

Ember Technologies Inc. has received $23.5 million in a series E round of financing.

Granite Sells Burbank Office Tower for Nearly $91 Million

A 152,834-square-foot office building in Burbank has sold for $90.5 million.

Prev