Westlake Village Home Sales Company to Go Public

Everhome Realty Inc., a Westlake Village-based real estate technology company that helps homeowners sell their properties, plans to go public through a Special Purpose Acquisition Company.

Encino Man Arrested for Alleged $27 Million PPP Fraud

Robert Benlevi of Encino, was arrested for money laundering, bank fraud and false statements on loan applications for Paycheck Protection Program funds.

California Expands Film Tax Credits

Gov. Gavin Newsom signed into law this week an expansion of the state’s film and television production tax credit program.

Business Events Calendar

Business Events throughout the Valleys.

NetSol Joins Consumer Bankers Association

NetSol Technologies Inc. has joined the Consumer Bankers Association as an associate member, the Calabasas company announced Wednesday.

Zevia Shares Debut on New York Stock Exchange

Zevia, the Encino-based beverage company, started trading Thursday on the New York Stock Exchange under the ticker ZVIA.

Chatsworth Warehouse Trades for $34.5 Million

A single-tenant industrial distribution facility covering 146,516 square feet has sold in Chatsworth for $34.5 million, or $235 per square foot.

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Hope of the Valley Signs North Hills Lease

Hope of the Valley Rescue Mission has relocated its corporate headquarters to a 25,000-square-foot facility in North Hills.

Kaiser Permanente Appoints President for Panorama City and Antelope Valley

Patricia Clausen is the new senior vice president and area manager of Kaiser Permanente’s Panorama City/Antelope Valley service area.

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Camarillo Warehouse Fetches $20 Million

Industrial real estate investment firm Westcore has expanded its property portfolio with the $20 million acquisition of a warehouse in Camarillo.

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FloQast Raises $110 Million in Financing Round

FloQast has raised $110 million in a Series D funding round, led by Meritech Capital, a Palo Alto venture investment firm.

BlackLine Partnership to Facilitate Bank Connectivity

BlackLine Inc. has partnered with a San Diego cloud-based finance and IT provider to streamline the digitalization of financial operations at client companies.

Cavitation Technologies Raises $1.5 Million for Permian Basin Project

Cavitation Technologies Inc. has raised $1.5 million through the sale of 23 million units of common shares of its stock as well as warrants for future sales of more shares.

Black Business Support Program Targets Beauty Sector

The nonprofit organization Local Initiatives Support Corp. Los Angeles announced Tuesday it is launching the Black Business Excellence Technical Assistance (BBET) Initiative to support Black-owned personal care businesses in L.A. County.

Smart Mug Manufacturer Relocates to Thousand Oaks

Ember Technologies Inc., a maker of a temperature-controlled smart mug, has signed a lease for 25,624 square feet of office space at One Westlake in Thousand Oaks.

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Capstone Sells First Hydrogen Turbines in Europe

Capstone Green Energy Corp. has sold two microturbines to an Austrian company that are the first in Europe to use hydrogen.

Stocks Hit by COVID Resurgence Fears

Most local stocks dropped Monday – one of the worst days for stocks this year. The Dow Jones industrial average had its biggest one-day decline in nearly nine months.

County’s Regained Not Half of Lost Jobs

Less than half the jobs lost in the pandemic in Los Angeles County have been recovered, and the pace of hiring slowed in June, at least by one metric, the Los Angeles Economic Development Corp. reported Monday in its economic briefing.

Mask Mandate Returns in L.A. County

In response to a sharp increase in transmission rates of COVID-19, L.A. County officials have reinstated the indoor mask mandate which ended June 15.

Preview: Public Companies Prosper in Pandemic

Large-cap corporations in the Valley come out of crisis with increased value.