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Resonance’s Soothing VR Platform

Audio, video calms patients during MRI procedure.

Resonance Technology in Northridge demoed its virtual reality platform at the Radiological Society of North America’s virtual event last year, a bright point for the small medical device manufacturer.

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Multi-Tenant Industrial Site in Van Nuys Sells for $3 Million

A 16,230-square-foot industrial site in Van Nuys has sold for $3 million, or nearly $188 per square foot.

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Semtech and Amazon Sign Third Deal

Latest agreement for cloud computing develoment.

Semtech Corp. has teamed with Amazon Web Services Inc. to offer its long range, low power wide area network (LoRaWAN) protocol for Amazon’s managed cloud service.

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Promenade Pullback

DEVELOPMENT: Westfield will move forward gradually in Woodland Hills.

Shortly after Promenade 2035 – the $1.5 billion overhaul of mostly dormant Westfield Promenade shopping mall in Woodland Hills — got final approval last month, the developer decided to wait to start construction.

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Behavioral Health Hospital Coming to Lancaster

Antelope Valley Hospital and Kentucky-based Kindred Healthcare have entered into a joint venture to build and operate a new specialty hospital in Lancaster.

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75 Acres in Oxnard Earmarked for Amazon

A 75-acre parcel of land at Sakioka Farms Business Park in Oxnard has sold to serve as the future site of a distribution site for e-commerce giant Amazon.com Inc.

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Amgen Submits Lung Cancer Drug for European Approval

Amgen Inc. has submitted for approval from the European Medicines Agency its drug used to treat a mutation of non-small cell lung cancer.

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Hearing System Approved for Valencia Company

Advanced Bionics in Valencia, in collaboration with fellow Sonova Group subsidiary Phonak, on Thursday announced it has received approval from the Food and Drug Administration to market its cochlear implant technology platform.

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Streamer Channel Showcases Kids in the Spotlight

IndieFlix to feature short films made by foster youth.

More than 70 films written and directed by foster youth as part of an educational program run by a Burbank nonprofit have become available for public viewership for the first time.

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Fox & Hounds Daily to Shut Down

Joel Fox, co-publisher of the conservative political website Fox & Hounds Daily, plans to close the site.

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Developer Plans Five-Story Multifamily Complex in Canoga Park

Developer Alliant Strategic has proposed a five-story multifamily complex to replace an existing office building in Canoga Park.

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Teledyne to Buy Flir Systems for $8 Billion

Teledyne Technologies Inc. announced Monday it will acquire Flir Systems Inc. in a cash and stock deal valued at $8 billion.

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Hospital Spurs Building Boom

HEALTH CARE: Providers seek proximity to Tarzana campus.

Developers and medical professionals are eyeing space surrounding the Providence Cedars-Sinai Tarzana Medical Center, with the area poised to become a central health care hub for the West Valley.

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Location Filming Declines in November

For the first time since movie production in Los Angeles County reopened in June, location filming decreased in November.

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Princess Cruises Extends Sailing Pause

Princess Cruises has again postponed the resumption of cruising activity, this time through May 14.

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Westlake Village Office Building Bought for $8.7 Million

A 45,464-square-foot office building in Westlake Village has sold in an off-market deal for $8.67 million.

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SBA Loans Debt of Choice During Pandemic

FINANCE: Manufacturing, professional service firms look to buy real estate.

Small businesses have found opportunities during the pandemic, creating a need for capital that SBA lenders have worked to fill.

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Rexford Buys 18 Buildings Near Van Nuys Airport for $155 Million

Rexford Industrial Realty Inc. has acquired an industrial property portfolio in the Van Nuys Airport Industrial Center for $154.6 million.

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‘Workforce’ Multifamily for $29M

Mountain View Manor in Sylmar hosts 200 units.

Positive Investment has closed one of the largest 2020 deals in Los Angeles with its purchase of the Mountain View Manor apartments at 12960 Dronfield Ave. in Sylmar, where 200 units traded for $29.4 million, or $147,000 per unit.

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Insomniac Games Plays into Sony’s PS5 Launch

Console marketing features ‘Miles Morales,’ ‘Rift.’

Video games made by a Burbank development studio played a central role in the launch of Sony Corp.’s next-generation PlayStation 5 console.