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L.A. County Unemployment Drops in September

Los Angeles County’s unemployment rate fell to 15.1 percent in September from a revised 16.4 percent in August.

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Preview: Residential Rebound

September marks Valley's highest monthly home sales since June 2018.

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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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Eta Compute Series C Gets $12.5 Million

Investment features artificial intelligence marketing deal.

Eta Compute Inc. announced last month it had raised $12.5 million in a Series C round of funding.

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Signage Company Inks 10-Year Lease in Burbank

Los Angeles-based printer Front Signs has signed a 10-year-lease to occupy a 24,468-square-foot portion of the 67,456 square foot multitenant warehouse at 3520-3560 Valhalla Drive in Burbank.

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Glendale Man Sentenced for Credit Card Fraud

A Glendale man on Tuesday was sentenced to 84 months in federal prison after pleading guilty to running a series of credit card scams which defrauded over 20 banks out of nearly $5 million.

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Marcus & Millichap Buys Mission Capital

Calabasas real estate brokerage Marcus & Millichap Inc. has entered an agreement to acquire Mission Capital Advisors.

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$22 Million Buys Sylmar Business Park

Rexford Industrial Realty plans for redevelopment.

Rexford Industrial Realty has purchased an industrial park in Sylmar for $22 million, according to a statement from real estate brokerage Newmark.

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Rexford Buys Sylmar Property for $42.6 Million in Portfolio Deal

As part of a two-property transaction, Rexford Industrial Realty Inc. has acquired a Sylmar property at 13943-13955 Balboa Blvd. for $42.6 million.

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MannKind Buys QrumPharma for $3.5 Million

MannKind Corp. announced it has acquired Pennsylvania-based QrumPharma Inc. for $3.5 million in cash and more than 3 million shares of its common stock.

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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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Marvell Technology to Buy Inphi in $10 Billion Deal

Marvell Technology Group Ltd. is acquiring Inphi Corp., the San Jose semiconductor manufacturer that got its start in the Conejo Valley

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Avery Dennison Spends $88 Million to Buy ACPO

Avery Dennison Corp. has acquired ACPO Ltd., an Ohio-based manufacturer of pressure-sensitive labels and industrial tapes, for $87.6 million.

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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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Buying into Market Dip to Rebalance Portfolios

One of Jason Sands’ clients asked how he could help others financially during tough times.

Wealth manager Jason Sands sought to keep clients on track for their long-term goals during the year of crisis, while also meeting short-term needs.

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Encino’s Eco Tech Allegedly Involved in PACE Fraud

Home energy equipment provider Eco Tech in Encino has been barred from participating in the state’s Property Assessed Clean Energy program, or PACE, after the California Department of Financial Protection and Innovation discovered the business had allegedly signing up customers fraudulently for the program.

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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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PS Business Parks Finds Tenants ‘Doing Fine’

REAL ESTATE: Big lease improves industrial REIT’s third quarter.

PS Business Parks recruits a major tenant to improve third quarter earnings.

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Video on Buildings

MARKETING: Projected images tell brand stories for clients of Paintscaping.

Woodland Hills firm PaintScaping goes from rocks to rockets with its 3D projection technology.

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Pandemic Workers Need a Money Plan

Firm offers free consultations for medical, retail personnel.

Medical responders and frontline supermarket workers can take advantage of free financial planning through Investor’s Advantage Corp.