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Valley Office Sector Shows Q2 Rebound

Savills research indicates ‘big deals coming back.’

Second quarter statistics from the San Fernando Valley’s office market look encouraging.

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Brokers’ Boss

Richard Matricaria, new chief operating officer for the western U.S. at Marcus & Millichap, talks about the big picture for commercial real estate.

An interview with Richard Matricaria. the new chief operating officer for the western states at Marcus & Millichap Inc.

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UV Resources’ Bright Year Leads to Acquisition

TECHNOLOGY: Demand for air purification by ultraviolet light grows during pandemic.

Ultraviolent light equipment maker UV Resources in Valencia is acquired by Illinois firm.

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Residential Broker’s Side Hustle: Insurance

Eli Tene of Century 21 Peak in Woodland Hills looks to cross sell coverage to clientele of new homeowners.

Peak Entities adds insurance to its portfolio of real estate-related businesses.

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$92 Million Valencia Sale

Cantor Fitzgerald buys Boston Scientific HQ.

The headquarters of Boston Scientific Neuromodulation at Southern California Innovation Park in Valencia has sold for $92 million

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Westlake Village Home Sales Company to Go Public

Everhome Realty Inc., a Westlake Village-based real estate technology company that helps homeowners sell their properties, plans to go public through a Special Purpose Acquisition Company.

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Pub Breweries Poised to Pour in Reopening

RETAIL: Pandemic-weary consumers want local beers.

A new generation of boutique brewers has emerged across the Valley region.

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Ice Business

SPORTS: Los Angeles Kings add another rink to the team’s portfolio with the opening of the Cube Santa Clarita Ice and Entertainment Center.

Los Angeles Kings corner the Valley market on ice skating rinks.

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Chatsworth Warehouse Trades for $34.5 Million

A single-tenant industrial distribution facility covering 146,516 square feet has sold in Chatsworth for $34.5 million, or $235 per square foot.

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Encino Man Arrested for Alleged $27 Million PPP Fraud

Robert Benlevi of Encino, was arrested for money laundering, bank fraud and false statements on loan applications for Paycheck Protection Program funds.

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Cavitation Technologies Raises $1.5 Million for Permian Basin Project

Cavitation Technologies Inc. has raised $1.5 million through the sale of 23 million units of common shares of its stock as well as warrants for future sales of more shares.

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Metrolink to Train New Contractors

Rail service, lender to prepare companies for bid process.

Metrolink has partnered with Lendistry to create a free small business partnership program

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Loop Media Deal to Air Fight Scenes

Video firm to distribute Fite TV’s programming.

Short form video distributor Loop Media Inc. announced last month it was partnering with Fite TV

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Black Business Support Program Targets Beauty Sector

The nonprofit organization Local Initiatives Support Corp. Los Angeles announced Tuesday it is launching the Black Business Excellence Technical Assistance (BBET) Initiative to support Black-owned personal care businesses in L.A. County.

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When Will the Free Ride Be Over?

With California open again and the pandemic slowing down, you would think our state would start getting back to normal.

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AROUND THE VALLEYS

Lassen’s Natural Foods and Vitamins, the family-owned chain of 11 stores that started in Camarillo and spread across the Valley region and beyond, is currently celebrating its 50th anniversary.

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Kaiser Permanente Appoints President for Panorama City and Antelope Valley

Patricia Clausen is the new senior vice president and area manager of Kaiser Permanente’s Panorama City/Antelope Valley service area.

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VALLEY INSIDER

LegalZoom’s Indie Auditor

Elder care attorney Terri Hilliard named to serve as District 6 governor for California Women Lawyers.

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How to Compensate for Comic-Con?

Taped panels, merchandise cheer fans at virtual event.

What Valley area companies are doing for the second virtual San Diego Comic-Con.

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Dine Brands to Expand With Experimentation

RESTAURANTS: Company’s chains launch ghost kitchens and spinoff formats.

Dine Brands Global Inc. to expand with experimentation as its chains launch spinoffs and ghost kitchens.

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