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An entertainment fund has purchased a Valley Village office building that will become the group’s headquarters.
Biomedical: A $27 million investment will help SetPoint Medical treat arthritis with electricity.
Southern California home sales inched to a five-year high for September as prices have begun to stabilize, according to a report released Monday.
Home sales in Southern California fell to their lowest number for a July in three years, as affordability issues and weak supply slowed the market, according to a report released Wednesday by real estate data firm DataQuick.
Finance: Second Sight smash IPO may have been underpriced.
Finance: Second Sight took a low view when pricing shares for its initial public offering.
Worthe Real Estate Group is under contract to buy the nearly vacant Tower Burbank for $109 million, a significant discount to when it last traded hands, the Los Angeles Business Journal reported on Friday.
Ryland Group Inc. on Tuesday announced net income that beat analysts’ expectations as the home-buying market continues to surge.
PennyMac Mortgage Investment Trust has entered into an agreement with Bank of America to fund up to $550 million in new mortgages.
Submarket Reports: Major trends and deals during the quarter. San Fernando Valley
Ares Management LLC, a Los Angeles investment advisor, is in talks to buy Guitar Center Holdings Inc. from its private equity owners, according to a media report on Tuesday
Finance: Affiliated Moorpark firms fail to excite investors.
Finance: It’s been about a year since PennyMac Financial Services went public, and the stock has been underwhelming.
A company that manufactures and distributes wood flooring has purchased a corporate headquarters in Simi Valley for nearly $4 million.
Shares of Dole Food Co. Inc. fell nearly 6 percent on Tuesday after the fresh vegetable and fruit company dropped a share buy-back plan and will instead use the money to modernize its shipping fleet.
media: Comcast purchase of 35-story building called a sign of market strength.
Media: The tallest building in the Valley sells for $420 million.
Real Estate: American Homes posts loss as housing recovers.
Real Estate: Will the business model of American Homes 4 Rent make money long term?
PS Business Parks Inc. announced this week the purchase of the Bayshore Corporate Center in San Mateo for $60.5 million.
Pets: City joins trend to stop sale of dogs from so-called ‘puppy mills.’
Peggy Wood’s Pet Emporium has been known as the place to buy puppies in Burbank.
Simulations Plus Inc. announced on Thursday a $7 million acquisition of a New York company that helps drug makers seek approval for their products.
The Countrywide Financial mortgage lender unit owned by Bank of America has been ordered to pay $1.3 billion in damages for selling thousands of defective loans.
The 53,000 square-foot LA Fitness in Van Nuys has traded hands for about $23.5 million.