All results / Stories / Michael Aushenker

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.



Reveleer is a medical data platform for health plans that facilitates government compliance and risk management.

‘Moderate Luxury Housing’ in Warner Center

DEVELOPMENT: Vert offers 277 units and work/live option in Canoga Park.

The Warner Center 2035 Specific Plan has created a residential buildup with twin goals – fortify Woodland Hills as the future downtown of the San Fernando Valley and address the statewide housing shortage.

Room Refurbishment

TOURISM: Hoteliers use coronavirus downtime to update their properties.

Although the hotel industry has suffered a major setback because of the pandemic, a few hotel owners have taken advantage of the slow business period to optimistically forge ahead with site renovations.

Promenade Pullback

DEVELOPMENT: Westfield will move forward gradually in Woodland Hills.

Shortly after Promenade 2035 – the $1.5 billion overhaul of mostly dormant Westfield Promenade shopping mall in Woodland Hills — got final approval last month, the developer decided to wait to start construction.

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GONE Green

Westfield’s former senior vice president starts his own real estate investment fund.

Larry Green, the former vice president of Unibail-Rodamco-Westfield, has formed his own company L. Green Investment and Development in Calabasas.

Prop 15 May Imperil Lots Of Tenants

Voters to decide on split-roll tax system in November.

Proposition 15, an initiative to tax commercial and industrial properties at a higher rate for education and local government funding, will have a negative domino effect on the market, commercial real estate experts told the Business Journal.

Preview: Residential Rebound

September marks Valley's highest monthly home sales since June 2018.

Developers Find Fresh Land in Camarillo

DEVELOPMENT: City has retail and residential projects in development.

A two-hotel and restaurant/retail complex, a subdivision with 158 single-family homes and a massive industrial park are among the real estate ventures underway right now in the city of Camarillo.

2023 Start for Addition at Hilton Hotel

Sun Hill Properties plans construction on 395 rooms.

Expansion of the Hilton Universal City hotel now has a timeline.

Hilton Universal City Construction to Begin in 2023

Expansion of the Hilton Universal City hotel now has a timeline.

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Glendale Office Complex Sells for $6.9 Million

A 30,126-square-foot multi-tenant office complex has sold in Glendale for $6.85 million.

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Multifamily Portfolio in Burbank Fetches $31.3 Million

An 84-unit apartment portfolio in Burbank has sold for $31.3 million, or $372,000 per unit.

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Three Counties Explore Forming Separate COVID-19 Region

Ventura, Santa Barbara and San Luis Obispo counties intend to petition the state to form a separate Central Coast region for the purpose of coronavirus pandemic regulation.

Prop 15 Behind in Vote Count

California ballot measure Proposition 15 — the split-roll tax proposal meant to create higher taxes on commercial and industrial properties — was lagging by a fairly narrow margin as of mid-day Wednesday.

Van Nuys Goes Upscale In Monroe at Hazeltine

Single-family homes to start in the low $700,000s.

In the San Fernando Valley real estate market, Valley Village has become a euphemism for high-end Van Nuys. Now, developer Ecto Homes intends to elevate Van Nuys proper with a new residential project with two dozen contemporary homes.

FAANG Footprint in the Valleys

Amazon and Netflix expand their regional presence during the pandemic.

They are collectively called FAANG, an acronym referring to the stock market’s five most popular technology companies.

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Flood of Phone Calls Followed by Gains

In a two-day period, Steve Davis fielded150 phone calls from clients with questions.

Wealth manager Steve Davis can attest that 2020 was a year unlike any other.

Ventura County Economy Faces Slow Recovery

Upshot of the annual California Lutheran University economic forecast for Ventura County by economist Mathew Fienup.

Residential Rebound

REAL ESTATE: Homebuyers pounce on low mortgage rates to move into suburban markets.

A combination of low interest rates, people working remotely and children learning at home may have contributed to the biggest rise in home sales in the Valley region in September in over two years, according to real estate agents.

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