SFV BUSINESS JOURNAL DAILY NEWS

Preview: No Fans in Stands Make for Ticketless Season

ENTERTAINMENT: Calabasas firm manages sports spending for companies.

Preview: Beer Taste Test

Under Los Angeles County Public Health Department regulations during the coronavirus pandemic, breweries cannot have their tasting rooms open unless they have an on-site kitchen to serve food.

Tutor Perini Wins $47 Million Navy Contract

Tutor Perini Corp. announced this week that it had received a $47 million task order to design and build a facility for the U.S. Navy on the island of Guam.

Valencia Atrium Office Building Sells for $15 Million

Valencia Atrium, a three-story office building in Santa Clarita, has sold for $15 million.

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Business Events Calendar

Business Events throughout the Valleys.

CERF Report Finds Latino GDP in Growth Mode

A report from the nonprofit Latino Donor Collaborative found that the total Gross Domestic Product of Latinos in the U.S. rose to $2.6 trillion in 2018, up from $2.3 trillion in 2017.

Woodbury University Receives Grant Installment as Hispanic-Serving Institution

Woodbury University has received a $600,000 grant from the U.S. Department of Education as a Hispanic Serving Institution.

Burbank Post-Production Facility Fetches $2 Million

Allan Falk, owner of Post Haste Digital & Post Haste Sound Inc., has purchased a creative office and post-production facility in Burbank for $2 million.

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Disney Delays Movie Releases

Burbank entertainment and media giant Walt Disney Co. has shuffled its fall release schedule, delaying the theatrical launch of several movies including the blockbuster Marvel superhero title “Black Widow.”

Netflix Creating Animation Studio in Burbank

Netflix Inc. is deepening the San Fernando Valley’s longtime status as the capital of Hollywood’s animation industry by starting an animation studio in Burbank.

Second Sight Resumes Study

Second Sight Medical Products has resumed its early feasibility study for the Orion, its next-generation visual prosthetics system, after being put on hold for seven months because of COVID-19.

Medical Device Maker Gets $98 Million

Agoura Hills medical device company V-Wave has nabbed $98 million for its Series C round of financing, paving the way for clinical trials and Food and Drug Administration clearance, according to a statement from the company late Tuesday.

Clay Lacy to Build FBO in Orange County

Clay Lacy Aviation was awarded by the Orange County Board of Supervisors a 35-year lease at John Wayne Airport to build and operate a fixed base operation at the airfield.

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Tarzana Apartment Complex Fetches $11.7 Million

A 52-unit multifamily property at 6251-6267 Reseda Blvd. in Tarzana has sold for $11.7 million.

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Beyond Limits Raises $113 Million in Fresh Capital

Artificial intelligence technology company Beyond Limits raised $113 million in a Series C funding round, with another $20 million committed.

Precious Metals Firm Opens Woodland Hills Office

Precious metals investment firm American Hartford Gold has opened an office in Woodland Hills.

Princess Cruises to Sell Two Ships

Princess Cruises in Santa Clarita has announced the sale of two of its ships, the Sun Princess and Sea Princess, to undisclosed buyers.

New In-Street Dining Permits on Hold in L.A.

Funding for Phase 2 of Los Angeles’ Al Fresco program has run out, resulting in a temporary pause on the issuance of in-street dining permits for restaurants.

Gelt Buys Oregon Multifamily for $30 Million

Tarzana-based real estate firm Gelt Inc. has made a $30 million investment in Gresham, Ore. with the acquisition of Silverwood Apartments.

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Amazon Sidewalk to Feature Semtech Platform

Semtech Corp. has partnered with Amazon.com Inc. on its new wireless network, Amazon Sidewalk, launching later this year.

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