All results / Stories / Michael Aushenker
In Camarillo, a 213-apartment complex known as Las Positas has garnered $95.75 million, or $449,530 per unit.
Fry’s Electronics permanently closes but leaves a legacy of thematic store design.
REAL ESTATE FOCUS
Office vacancy loosened to 17.4 percent, a significant uptick from 13.9 percent the previous quarter.
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.
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.
Westlake Village store sells Magic: The Gathering, Pokemon products.
From pigskin to Pokemon: Pro football player Cassius Marsh has a new game – a new card shop in the Conejo Valley.
Tarzana-based real estate firm Gelt Inc. has made a $30 million investment in Gresham, Ore. with the acquisition of Silverwood Apartments.
Tarzana’s Gelt and partner Uhon secure financing for nearly complete 250-unit development in Reseda.
Watermark has hit its mark with bridge financing.
LIST: Expansion at scale occurs in essential sectors such as tools and trucking.
It’s a major milestone for small businesses to execute a strategy for fast growth, but large companies in the Valley have learned to grow at double-digit rates despite their bulk.
A glimmer of hope continues to sparkle for the embattled Valencia Ice Station as the Santa Clarita City Council is considering a rescue of the 93,000-square-foot ice skating rink — a 20-year-old local institution that has been put on ice since the coronavirus outbreak in March.
The U.S. Supreme Court declined to hear Novartis AG’s appeal of a lower court’s decision, allowing locally based pharmaceutical giant Amgen Inc. to keep its patent protection for the rheumatoid arthritis drug Enbrel until 2029.
A 21,164-square-foot industrial building in the Valencia Business Center has sold to Versatile Systems, which makes roof safety equipment.
Sussex Capital buys Mountain View Manor in Chatsworth.
Woodland Hills-based Sussex Capital Group has purchased Mountain View Manor Apartments
Marcus & Millchap buys LMI Capital in Houston.
Marcus & Millichap Inc. has acquired Houston-based LMI Capital.
At $5.3 million, location offers ‘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.
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.
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.
Office vacancy rose in the quarter to 17.5 percent – the highest rate in a year.
Valencia Atrium, a three-story office building in Santa Clarita, has sold for $15 million.