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High Demand Means Buy Time at Public Storage

REAL ESTATE: Analysts cheer REIT’s report of property acquisitions in quarter.

Executives with Public Storage discussed acquisitions with research analysts during their conference call on third-quarter earnings.

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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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Law Firm Buys Valley Village Office

At $5.3 million, location offers β€˜value appreciation.’

The gavel has come down on an office building in Valley Village. Alder Law, a Los Angeles-based legal firm, has purchased the building at 12800 Riverside Drive for $5.3 million, or $266 per square foot, according to brokerage CBRE Group.

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Metro’s Free Fares May be Costly

It is interesting to read that transit agencies such as New York Metro are ending its free fares that it had for a short period during the pandemic.

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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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Avantus Buys Another Fastener Company

Avantus Aerospace has acquired California Screw Products, a Paramount high-strength fasteners manufacturer for commercial and military aerospace applications.

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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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Cusumano Family Gives $1 Million to Boys & Girls Club in Burbank

The Cusumano family has donated $1 million to the Boys & Girls Club of Burbank and Greater East Valley to purchase a new clubhouse.

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Valencia Atrium Office Building Sells for $15 Million

Valencia Atrium, a three-story office building in Santa Clarita, has sold for $15 million.

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Law Firm Buys Valley Village Office Building for $5.3 Million

An office building in Valley Village has been purchased by Alder Law, a Los Angeles-based legal firm, for $5.3 million, or $266 per square foot.

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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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Give Homeless Money, Not a Unit

It’s outrageous that the average cost to build a city-subsidized apartment for the homeless has climbed to $559,000 with highest per-unit cost now at $746,000.

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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