Story

Valencia Apartment Complex Sells for $62 Million

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

Tease photo
Story

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.

Tease photo
Story

LegalZoom Teams With Defy Ventures for Formerly Incarcerated

Glendale-based LegalZoom.com Inc. has formed a partnership with Defy Ventures to support the nonprofit organization’s mission to train formerly incarcerated people to become entrepreneurs.

Story

Semtech Reports Strong Second Quarter

Semtech Corp. beat Wall Street expectations on earnings and revenue in its fiscal second quarter.

Story

Adventist Glendale Promotes Breast Cancer Treatment

Adventist Health Glendale is encouraging women aged 70 and up with breast cancer to consider a one-time treatment option conducted while patients remain asleep after the removal of tumors.

Story

Surprises in MGA’s New Dollhouse

Mansion features drive-thru diner and swimming pool.

Chatsworth-based MGA Entertainment Inc. announced late last month the launch of the LOL OMG House of Surprises, a dollhouse featuring 1980s themed rooms, as featured in the “LOL Surprise!” series on YouTube.

Story

Encino Investment Firm Sells Washington State Apartments for $75 Million

New Standard Equities, an Encino-based multifamily property company, announced it completed the sale of Atlas Apartment Homes in Port Orchard, Wash., for $75.2 million.

Tease photo
Story

Affordable Housing Financier Alliant Capital Acquired for $696 Million

Alliant Capital Ltd., and its affiliates Alliant Strategic Investments and ADC Communities, have been acquired by Walker & Dunlop Inc. for $696 million.

Story

Whole Foods to Open Store Without Cashiers in Sherman Oaks

Whole Foods Market announced Wednesday that it will open a new Sherman Oaks store next year without cashiers featuring Amazon’s Just Walk Out technology, which allows customers to pay for groceries by QR code or the wave of their palm.

Story

AI Firm Ferret Raises $4 Million for Seed Investment

Artificial intelligence firm Ferret in Calabasas has raised $4 million in a seed round of investment.

Story

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.

Story

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.

Tease photo
Story

Public Storage Accommodates Growing Demand

REAL ESTATE: New clients, acquisitions and development for self-storage provider.

A growing demand means new clients and acquisitions for Public Storage.

Story

Production Ramps Up for Missile

Northrop to make weapon at Northridge facility.

Northrop Grumman Corp. has been authorized by the Pentagon to begin low-rate initial production of the Advanced Anti-Radiation Guided Missile Extended Range.

Story

Bros. Grow Chain After Virus Surge

Siblings look to duplicate their Canoga Park flagship restaurant.

Siblings look to duplicate their Canoga Park Middle Eastern restaurant.

Story

Tarzana Hospital on Schedule for 2023 Debut

HEALTH CARE: $644 million construction project pushes through the pandemic.

Construction of the Providence Cedars-Sinai Tarzana Medical Center, a $644 million joint venture between Providence Health & Services and Cedars-Sinai, is on track to be completed by 2023.

Story

‘New Old’ Vibe

development: Renewed Sportsmen’s Lodge aims to deliver upscale shops with a sense of the site’s history.

Redevelopment of Sportsmen’s Lodge to deliver upscale stores with a sense of history.

Story

Capstone Turbine to Power Cryptocurrency Mine in Louisiana

Capstone Green Energy Corp. has received an order for the long-term rental of one its C1000S microturbine systems.

Story

LTC Pays for Smooth Transition Between Nursing Home Operators

LTC Properties Inc. has entered into a settlement agreement with two bankrupt former operators, Senior Care Centers and Abri Health Services, after receiving approval from a U.S. Bankruptcy Court.

Story

Northrop Begins Production of New Missile System in Northridge

Northrop Grumman Corp. has been authorized by the Pentagon to begin low-rate initial production of the Advanced Anti-Radiation Guided Missile Extended Range weapon.