Story

Princess Cruises Extends Sailing Pause

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

Tease photo
Story

BlackLine Promotes Chief Revenue Officer

BlackLine Inc. has promoted Mark Woodhams to chief revenue officer, effective at the start of the new year.

Story

Chatsworth Plaza Shopping Center Sells for $14.9 Million

Chatsworth Plaza, a commercial shopping center at 21405-21515 Devonshire St. in Chatsworth, has sold for $14.9 million.

Tease photo
Story

Public Storage Refreshes Board in Consultation With Hedge Fund

Public Storage has announced the appointment of two new members to its board of trustees.

Story

Gelt and Uhon Secure $83 Million Bridge Loan for Watermark Project

Real estate developers Gelt Inc. and Uhon have secured $83 million in bridge refinancing on behalf of its joint venture The Watermark Apartments in Reseda.

Tease photo
Story

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.

Story

Capstone Selects New Chairman

Capstone Turbine Corp. announced Monday the appointment of Robert Flexon, the former chief executive of Dynegy Inc., as its new chairman.

Story

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.

Story

Public Safety Changes = Less Safe?

We are facing a critical juncture in how we address public safety in Los Angeles and across the country.

Story

Leadership Wishes for All Leaders

With a New Year, a new president, and a new congress, 2021 is ripe for more enlightened leadership at every level

Story

AROUND THE VALLEYS

AROUND THE VALLEYS

Story

Airport-Adjacent Sites at Premium

Rexford pays $155 million for complex in Van Nuys.

Warehouses near the San Fernando Valley’s airports have become a hot commodity, as underscored by last month’s deal in which Brentwood-based Rexford Industrial Realty Inc. acquired a massive industrial portfolio at the Van Nuys Airport Industrial Center for nearly $155 million.

Story

‘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.

Story

Apple Tree’s Seed Money

Tax credit helps buy, rehab low-income apartments.

Hunt Capital Partners announced in November that it had closed a $13.7 million federal low-income housing tax credit equity financing for the acquisition and rehabilitation of Apple Tree Village.

Story

Property Managers Wait for Other Shoe to Drop

LIST: Landlord reps worry December lockdown may undo rent collection gains.

Since the economy bottomed out last spring, rent collections at malls and other retail centers in North Los Angeles have seen monthly incremental hikes as landlords and tenants engage in a delicate dance of payment agreements.

Story

Corporate Strength Can Help Operators in Crisis

LIST: Food service firms account for most names on Business Journal’s directory.

Franchised restaurants, often with strong brand recognition and support from well-capitalized corporate owners, may seem better equipped than independent restaurants to survive a crisis such as the coronavirus pandemic, but that assumption isn’t always true.

Story

Wealth Managers’ Wild Ride

Financial advisors weathered market downs and ups during a year of surprises.

The onset of the coronavirus caused one of the sharpest nosedives in the history of global capital markets. Between Feb. 20 and April 7, the Nasdaq tumbled an unprecedented 1,864 points, a loss of nearly 20 percent.

Story

Manage Client Expectations for Smoother Ride

Lamar Hudson avoided panic during pandemic by sticking to goals.

From an office in Woodland Hills, Lamar Hudson provides comprehensive financial advice to a variety of clients – individuals, business owners, nonprofits and charities.

Story

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.

Story

The Man With an Investment Plan for 2021

Tony Battaglia, branch manager at Raymond James’ Woodland Hills office, discusses risk assessment.

Tony Battaglia believes in the power of a plan.

Previous