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Simi Valley Warehouse Changes Hands

A nearly 40,000-square-foot industrial building at 167 W. Cochran Street in Simi Valley has sold for $7.3 million.

LTC Buys Two Senior Living Communities

LTC Properties Inc. in Westlake Village has purchased two senior living communities in Texas in a $25.2 million sale-leaseback acquisition.

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On-Location Filming in L.A. Drops in Quarter

On-location film, television and commercial production decreased by more than 5 percent in the second quarter compared to a year ago, according to figures released Wednesday by FilmL.A.

Align Aerospace, Ball Corp. Sign Industrial Leases in Chatsworth

California Realty Group closed a pair of separate leases in June at a Chatsworth industrial site.

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$1 Billion Transformation for Warner Center Corporate Park

Adler Realty Investments has plans for a $1 billion transformation of Warner Center Corporate Park at the intersection of DeSoto Street and Burbank Boulevard in Woodland Hills.

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Santa Clarita Reports Annual Film Growth

The city of Santa Clarita recorded for a fifth year in a row more than 500 film permits for on-location filming within its borders.

IHOP Launches Meal Delivery Partnership

IHOP has launched a new delivery service at more than 300 U.S. locations through a partnership with on-demand delivery app DoorDash, the Glendale-based restaurant chain announced Tuesday.

Business Events Calendar

Business Events throughout the Valleys.

First Moorpark Hotel in a Century Underway

Construction has begun on a four-story, 108-key Marriott hotel in Moorpark in what is being heralded as the community’s first hotel in nearly a century.

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Glendale Mayor to Chair Airport Authority

The Burbank-Glendale-Pasadena Airport Authority elected Zareh Sinanyan as its new president for the coming year.

Salem Media Revamps Music Radio Lineup

Salem Media Group has revamped the programming lineup for its Nashville flagship station and nationally syndicated music programs, the Christian and conservative media company announced Monday.

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Chatsworth Residents Sentenced for $20 Million Mortgage Fraud

Three Chatsworth residents who owned or managed foreclosure rescue companies were sentenced Monday for their roles in a mortgage fraud, the Department of Justice announced.

Senior Veterans Housing Complex Underway in Sun Valley

East L.A. Community Corp., in collaboration with New Directions for Veterans, YM Architects and Westport Construction, has begun building the $34.5 million Sun Valley Senior Veterans Apartments.

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Princess Cruises to Host Slot Tournaments

Princess Cruises has partnered with the makers of Monopoly-themed slot machines to host tournaments on hundreds of cruises this year, the Santa Clarita-based company announced Friday.

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VICA Condemns Rent Control Proposition

Valley Industry and Commerce Association President Stuart Waldman has joined business leaders in Sacramento to oppose a state proposition that could pave the way for stronger rent control laws in cities throughout California.

MannKind Pays Down Debt With Shares

MannKind Corp. in Westlake Village has issued 7.3 million shares to creditor Deerfield to pay down $7 million in debt, according to Securities and Exchange documents filed Friday.

L.A.'s Annual Inflation Rate Drops

The local inflation rate dipped to 4 percent year-over-year in June as gas and food prices slipped slightly in recent weeks, according to federal data released July 12.

Waste Management, Agromin to Refurbish Turf at Lancaster Soccer Center

Waste Management of Antelope Valley and Agromin are partnering to fix the turf at Lancaster’s Gilly National Soccer Center.

Avery Dennison to End Pension Plan

Avery Dennison Corp. will discontinue its pension plan effective Sept. 28, according to a Securities and Exchange Commission filing by the company.

Cure Pharmaceutical Buys Therapix Assets

Cure Pharmaceutical in Oxnard announced Wednesday that it has signed a term agreement for the acquisition of the non-pain assets of Therapix Biosciences Ltd., a clinical-stage pharmaceutical company that is developing cannabinoid-based medications.

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