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.
HFF Orange County has sold Mountaingate Plaza, a 281,240-square-foot Simi Valley shopping center, for $51.1 million, according to a source close to the company.
Santa Clarita Valley is one step closer to having its own amphitheater.
MBK Senior Living has acquired nine senior housing communities totaling 1,174 units in a $382 million deal with West Partners.
Oakmont Senior Living’s plans for a two-story assisted living and memory care center is heading to the Moorpark City Council for final approval in August.
Founder & Chief Executive, Icon Media Direct Inc. Sherman Oaks
The List: Women-Owned Businesses profiles
Founder & Chief Executive, Marketing Maven Public Relations Camarillo
The List: Women-Owned Businesses profiles
Franchisee targets Valley with Southern breakfast fare.
Franchisee to open biscuit stores in Valley.
DEVELOPMENT: Delivery tenant eager to move into scarce industrial space.
Tenant moves into Sun Valley industrial space.
CONSTRUCTION: Architects, nonprofit partner on 75-unit project to address homelessness.
Housing for veterans in Lancaster.
Real estate brokerage Marcus & Millichap has announced the sale of 17326 Cantlay St., a three-unit apartment property located in Van Nuys. According to James Brian Markel, regional manager of the firm’s Encino office, the asset sold for $1.1 million. Senior Vice President Investments
Business and civic leaders came together at the Universal Sheraton in Universal City on Thursday as the Valley Industrial & Commerce Association held its Hall of Fame Awards, where Woodland Hills-launched insurer Health Net, Kirsch Kohn & Bridge in Woodland Hills, Laurence School of Valley Glen, Encino’s Tapia Bros. Fresh Producer and Traders Loan & Jewelry of Reseda were honored.
The North Hollywood shopping center at 6005 Vineland Ave. known as Palms Plaza has sold for $6 million in a deal cemented in May, according to CoStar Group.
It’s the midpoint of 2018, so the Business Journal decided to check in with California Economic Forecast Executive Director Mark Schniepp to see how 2018 is progressing.
Osbrink Talent Agency has spent $3.35 million on a two-building, 5,000-square-foot Burbank Media Center property.
In May, the median cost of a single-family home in San Fernando Valley hit a new all-time high of $708,000, according to Southland Regional Association of Realtors. That represents a month-over-month hike of 1.6 percent and an increase of 11 percent more than in May 2017.
Encino Investors LLC has submitted plans for a 106,846-square-foot, 114-unit apartment building to be built on Ventura Boulevard in Encino.
Working from his Encino home studio, Inon Zur creates music for some of the video game industry’s biggest blockbusters.
Video game music composer Inon Zur.
Former publishers want to expand coverage, distribution.
Former publisher buys Santa Clarita Signal.
SURVEY: BizFed finds that municipalities fare better than L.A. County, state.
Santa Clarita named friendliest city for business.
CONSTRUCTION: Driverless cars could stall building boom.
Parking garage builders prepare for future with driverless cars.
A team of Colliers International brokers and tenant OnTrac celebrated the grand opening of a 255,528-square-foot warehouse in Sun Valley.
Electric vehicle manufacturer Faraday Future has selected San Fernando-based construction company Bernards as the general contractor to create its new, 1 million-square-foot factory in Hanford.
Real estate developer Sandstone Properties Inc. has submitted plans to construct two residential towers at 6400 N. Canoga Ave.
A developer has filed with plans with the city of Los Angeles to expand the existing Sheraton Universal Hotel near Universal Studios Hollywood.
Valuerock Investments Partners LLC has purchased a 54,942-square-foot retail property in Palmdale from HFC/PRP Palmdale LLC for nearly $10.2 million.
The Valley region’s financial professionals gathered at the Hilton Woodland Hills on Wednesday for the Business Journal’s annual Chief Financial Officer and Human Resources Awards ceremony.
Los Angeles Superior Court has ruled against the city of Agoura Hills, suspending the progress of developer Doron Gelfand’s Cornerstone, a proposed 8.2-acre retail, office and residential project at Cornell and Agoura roads that promises to become Agoura Village’s first major development.
Hellen Chen’s two businesses focus on better relationships.
Hellen Chen is a matchmaker for business.
Ice cream made with liquid nitrogen takes a bite out of market.
Nitrogen ice creameries open in Valley.
CONSTRUCTION: Common alma mater underpins culture and contracts.
S3 Builders share alma mater.
Northridge Fashion Center plans to turn third floor into creative offices
Northridge mall reimagines its future.
Development: Apartments and Trader Joe’s in future for Riverside Drive site.
Sunkist HQ redevelopment moves forward
The Santa Clarita Valley Signal reported Friday that the newspaper has been sold to former Signal publishers Richard and Chris Budman.
Northridge Fashion Center plans to turn third floor into creative offices.
Marcus & Millichap has announced the sale of a 39-unit Reseda apartment portfolio featuring a pair of Reseda buildings that sold for a combined $9.3 million, or $313 per square foot, according to James Brian Markel, regional manager of the firm’s Encino office.
Northridge Fashion Center will convert 45,000 square feet of former retail space to creative offices and has hired Charles Dunn Co.’s Los Angeles Tri-Cities office to market the property.
A 25-unit multifamily building has sold for $5.5 million in Canoga Park, fetching more than $301 per square foot, according to Matthews Real Estate Investment Services, which arranged the sale.
Chatsworth home features ‘Lone Ranger’ location in backyard.
That recognizable rock, located north of the 118 freeway, has since been incorporated into the landscaping at 11646 Poema Place in Chatsworth and is now for sale at a listing price of $1.95 million.
Architects take project close to their hearts.
Glendale architecture firm to design Armenian American Museum.
Business Journal’s Economic Forecast points to rising local fortunes.
Business Journal partners with Cal Lutheran on economic forecast.
Los Angeles-based MWest Holdings has acquired Sunset Gardens, a 42-unit townhome community in Canoga Park, for $12 million, according to the company.
At SRG, Sheri Grossberg is one-third of the firm’s principals, alongside Philip Marshall and Scott Goldfarb.
At Rose Snyder & Jacobs, Julie Choi, who enjoys working alongside fellow female partners Shana Merrill and Rebecca Snyder, has worked in accounting for more than two decades.
A five-story, 310,490-square-foot multifamily structure —featuring 275 residential units and 418 parking spaces — is planned for an industrial site at 21001 W. Kittridge St. in Woodland Hills, according to Urbanize.LA.
A building at Corporate Center Calabasas has sold for $11 million, brokerage CBRE Group Inc. announced Tuesday.
Glendale-based Armenian Cultural Foundation plans to convert a defunct, single-story Encino fire station into a cultural center.
Forecasters have upgraded their predictions for the San Fernando Valley during 2018, Matthew Fienup, executive director of the Center for Economic Research and Forecasting at California Lutheran University, announced Wednesday at a breakfast organized by the Business Journal.
A 52-unit apartment complex at 6251-6267 Reseda Blvd. in Tarzana has traded hands for nearly $11.3 million, or $216,346 per unit.
In Reseda, a 10,873-square foot retail property has sold for $3.8 million, according to James Brian Markel, regional manager of the Encino office of brokerage Marcus & Millichap Inc.