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Valley Economic Alliance Recommends Changes to L.A.โ€™s Building Permit Process

The Valley Economic Alliance has presented 13 recommendations for permit reform to the city of Los Angeles in an effort to streamline the current real estate development and building process.

LegalZoom Looks for Subscription Revenue

LAW: Executive team from Intuit tries to duplicate the TurboTax success model.

Former Intuit Execs at LegalZoom.com Inc. trying to recreate success of TurboTax.

Encino Restaurant Earns a Michelin Star

The newest Encino eatery from a veteran culinary entrepreneur has received a Michelin star.

$15.5 Million For Burbank Residential

Skyview Terrace Apartments trades for $442,860 a unit.

Skyview Terrace Apartments in Burbank sell for $15.5 million.

AROUND THE VALLEYS

Kennedy Wilson plans to break ground this quarter on a 589-unit master-planned community on a 32-acre parcel owned by and adjacent to California State University โ€“ Channel Islands.

Footprint Overlap

FINANCE: US Bank buys Union Bank; both institutions have large presences in the North Los Angeles market.

US Bank will acquire Union Bank for about $8 billion.

Compass Team Focuses On Luxury Housing

Brokers head new Valley Division of Beverly Hills firm.

Combined, they have closed more than $2 billion in sales by transacting premier residential properties along the Ventura Boulevard corridor on behalf of a clientele that includes A-list celebrities, musicians and athletes.

Former TV Exec Keeps Projects in Pipeline

Marisol Acosta Montoya went from ad sales to sewer construction.

Marisol Acosta Montoya never intended to enter the sewer industry.

Warner Bros.โ€™ Burbank Facility to Be โ€˜Largest Studio Developmentโ€™

The historic Warner Bros. Ranch Lot in Burbank will get a $500-million makeover from new owners Worthe Real Estate Group and Stockbridge.

AROUND THE VALLEYS

Stratolaunch, the aerospace company that built the worldโ€™s largest airplane, has added a former Pentagon official to its technical advisory group.

Has the Valley Run Out of Industrial Space?

High demand for warehouses continues; supply is constricted.

High demand for warehouses continues, but supply is constricted.