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Lancaster Looks to Form Health Department After No Confidence Vote on County Leadership

Lancaster City Council unanimously backed a vote of no confidence in Barbara Ferrer, Los Angeles County public health director, while also beginning the process of creating its own public health department.

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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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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.

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Cronies Sports Bar Defies COVID Crackdown

RESTAURANT: Agoura Hills watering hole racks up fines, loses permits and licenses.

Cronies Sports Bar and Grill, nestled in the Agoura Meadows Shopping Center at 5687 Kanan Road, entered the national spotlight last month as one of the first restaurants to openly defy Los Angeles County’s outdoor dining ban and continue serving patrons on site.

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Amazon Fresh Supermarkets Flourish in Valley

E-commerce giant fills storefronts to test format.

The San Fernando Valley has emerged as Amazon.com Inc.’s chosen testing ground for its new Amazon Fresh grocery concept.

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Three of L.A. Market’s Five Biggest Office Leases for 2020 in Valley

Three of 2020’s five biggest office leases in Greater Los Angeles occurred in the San Fernando Valley.

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Biotech Corridor’s Central Hub

Newbury Park enjoys brisk market for sales and leases of industrial sites.

Biotech drives Newbury Park’s thriving industrial real estate landscape. In fact, Lee & Associates industrial brokers Grant Fulkerson and Mike Tingus refer to Newbury Park as the medical technology corridor.

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Public Storage Refreshes Board in Consultation With Hedge Fund

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

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Needham Ranch Moves Needle to the North

Industrial development attracts entertainment, e-commerce to Santa Clarita Valley.

Joint developers Trammell Crow Co. and Clarion Partners LLC saw a series of deals during the year at Center at Needham Ranch, with two new high-profile occupants coming onboard last month.

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Heart Shunt Channels $98 Million Investment

V-Wave attempts a new type of medical device therapy for congestive cardiac condition.

Private medical device company V-Wave Ltd., based in Agoura Hills and Israel, managed to make a big impression with investors despite the pandemic that curtailed venture capital funding not related to COVID.

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‘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.

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Virus Surge Cancels Airport Traffic Recovery for Thanksgiving

The region’s airports were expecting a major boost from Thanksgiving weekend travel, with bookings at their highest level since the pandemic began and airlines planning significant increases in flights.

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Skateland Turns to Homeless Facility

Hope of the Valley to buy the closed rink in Northridge.

The owners of iconic Northridge roller skating rink Skateland have announced they plan to sell the property at 18140 Parthenia St. to homeless services nonprofit Hope of the Valley, which will transform the building into a bridge housing facility.

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Arcutis Jumpstarts Year With $159 Million IPO

Skin treatment startup looks past pandemic to launch first product.

In January, dermatology research company Arcutis Biotherapeutics Inc. raised $159 million when its stock debuted on the Nasdaq for $17 a share.

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Mortgage Brokers’ Bonanza

In midst of pandemic, low interest rates foster home-buying and refinance surge.

The coronavirus pandemic and efforts to suppress it have shaken the national housing market – and given some segments a considerable boost.

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$133 Million Pushes Industry AI Beyond Limits

Artificial intelligence firm with NASA backing explores new continents.

The big deal for artificial intelligence software developer Beyond Limits came in September in the form of $133 million.

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Tri-County Chamber Alliance Backs Central Coast Region for COVID-19 Regulation

The Tri-County Chamber Alliance has voiced its support for a movement to see Ventura, Santa Barbara and San Luis Obispo counties become their own region for COVID-19 regulation.

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At Least One County Supe Gets It

‘Before you imperil thousands of businesses and crush a million dreams, shouldn’t you be pretty sure of what you’re doing?’

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Fox & Hounds Daily to Shut Down

Joel Fox, co-publisher of the conservative political website Fox & Hounds Daily, plans to close the site.

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Amgen Submits Lung Cancer Drug for European Approval

Amgen Inc. has submitted for approval from the European Medicines Agency its drug used to treat a mutation of non-small cell lung cancer.