SFV BUSINESS JOURNAL DAILY NEWS

Capstone Sells Three Turbines to Caribbean Resort

Capstone Green Energy Corp. will supply three of its microturbines to a resort redevelopment project in the Caribbean following an order received through its distributor for the region.

Partners Pay $37.4 Million for Burbank Post-Production Facility

A partnership of Cruzan and Independencia Asset Management paid $37.4 million for a post-production facility in Burbank.

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Cal Lutheran Expands Tuition Price-Matching Program

California Lutheran University’s Public Price Promise program is expanding to match the costs of all nine University of California undergraduate campuses.

County Orders Vaccine Mandate for Bars, Clubs

Los Angeles County Department of Public Health will begin requiring verification of a recent negative COVID-19 test or vaccination for employees and attendees of indoor bars, clubs and lounges.

Cannabis Company Pays $93 Million for Camarillo Production Facility

Glass House Brands has purchased the former Houweling’s Tomatoes property near Camarillo for $93 million in cash and stock considerations.

Former Amazon Executive Becomes CFO at Calavo Growers

Santa Paula-based avocado company Calavo Growers has announced the appointment of Mariela Matute as its chief financial officer, effective Oct. 11.

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Valley Economic Alliance Headquarters Building Sells for $7 Million

The office building that hosts the headquarters of the Valley Economic Alliance in Van Nuys has sold for $7 million, according to brokerage CBRE Group.

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Lief Labs Signs Green Tea Partnership

Lief Raws, a division of Valencia-based dietary supplement manufacturer Lief Labs, has entered a licensing partnership that will enable it to be the distribution and sales arm for CellFlo6, a green tea extract.

Loop Media Launches Latin Content Initiative

Loop Media Inc. launched a month-long programming initiative to celebrate Hispanic Heritage Month.

Metro Expands Ride-Hailing Service to Northwest Valley

The Los Angeles County Metropolitan Transportation Authority has added the northwest San Fernando Valley to its ride-hailing service Metro Micro.

Applebee’s Strikes Exclusive Beverage Deal with PepsiCo

Applebee’s Neighborhood Bar and Grill announced a new partnership with PepsiCo to serve an exclusive Mountain Dew flavor to customers of the Glendale-based restaurant chain.

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Santa Clarita Multifamily Sells for $54 Million

The Retreat, 148-unit apartment complex in Santa Clarita, has sold for $54.1 million, according to Calabasas-based brokerage Marcus & Millichap Inc., which negotiated the sale.

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Jet Edge Receives $40 Million Follow-On Investment

KKR, a New York investment firm, plans to put another $40 million in Jet Edge International, an aircraft charter and management business at Van Nuys Airport.

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Resonate Blends to Acquire Wellness Cannabis Brand

Resonate Blends Inc., a cannabis holding company in Calabasas, has signed a letter of intent to acquire Lemon and Grass, a Florida-based cannabis wellness brand.

Cal Lutheran Ranked Among Best Regional Universities

California Lutheran University was ranked eighth among the 130 regional universities in the 15 western states, according to U.S. News and World Report.

Earthquake Rattles Residents, But Results in No Damage

An earthquake just outside of Thousand Oaks rattled residents but didn’t produce any reported damage or disruption to businesses.

Business Groups React to National Vaccine Mandate

The Biden administration's new rule announced Thursday mandating vaccines for private employers could provoke “fallout,” but it succeeds in creating a simple regulatory framework, according to business groups.

Preview: Sportsmen's Lodge Repurposed for Chic Retail

Former fishing hole to reopen this month.

Preview: Legacy on Wheels

Car design shop Barris Kustom relocates from NoHo to Ventura County.

Valencia Apartment Complex Sells for $62 Million

Madison at Town Center, a 130-unit apartment complex in Valencia, has sold for $62 million.

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