SFV BUSINESS JOURNAL DAILY NEWS

Big In-Person Gathering for VICA Event

In what may have been the San Fernando Valley’s largest public gathering since the pandemic, up to 340 business and civic leaders attended the Business Forecast Conference at the Hilton Universal City hotel.

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LTC Properties Closes $46 Million in Investments

Westlake Village-based LTC Properties announced that it has originated $46 million in new investments since the start of the third quarter.

Report: Disney May Spin Off ESPN

Walt Disney Co. is looking to spin off its lucrative ESPN sports network, according to a media report.

Business Events Calendar

Business Events throughout the Valleys.

Restaurant Panel Discusses COVID Impacts

The Association for Corporate Growth held a panel with four local restaurant executives to discuss the long-term impacts of the COVID-19 pandemic on the industry.

Kennedy Wilson to Build 589 Residential Units Near Cal State Channel Islands

Kennedy Wilson plans to break ground this quarter on a 589-unit master-planned community in Camarillo.

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LegalZoom and NBA Partner on $6 Million Small Business Program

Online legal technology company LegalZoom.com Inc. in Glendale has teamed up with the National Basketball Association for a multiyear partnership that will begin with a $6 million initiative focused on providing capital and other resources to small businesses.

Resonate Blends Product Now Offered Via Delivery

Wellness and cannabis company Resonate Blends announced the launch of a direct-to-consumer delivery service for its single-dose, water-soluble cannabis liquid called Koan Cordials.

A Glimpse at Developer’s Plan for Fry’s Site at Warner Center

A rendering has emerged for Kaplan Cos.’ designs to transform the site of the shuttered Fry’s Electronics store in Woodland Hills into a mixed-use complex featuring apartments, a hotel and retail space.

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Tutor Perini to Perform Canal Work

The Sylmar-based specialty construction company, Tutor Perini Corp., on Monday announced it has been awarded a government construction contract valued at approximately $178 million to begin a capacity correction project at the Friant-Kern canal.

Atara Enters Marketing Collaboration

Atara Biotherapeutics and French pharmaceutical company Pierre Fabre announced a commercialization partnership for Tab-cel, Atara’s off-the-shelf immunotherapy treatment for Epstein-Barr virus. The partnership will cover sales in Europe, the Middle East, Africa, and other emerging markets.

Largest ‘Tiny Home’ Village for Homeless to Open

Hope of the Valley Rescue Mission is set to open the largest tiny home village in the country later this month, providing 224 beds for people experiencing homelessness at the new Arroyo Seco Tiny Home Village.

Teledyne Flir Launches Military Drone

Teledyne Flir announced the launch of its ION M640X tactical quadcopter drone.

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Valencia Car Company Acquires Two Dealerships

Valencia-based Hello Auto Group has acquired a pair of Southern California dealerships: John Hine Mazda Temecula and John Hine Subaru Temecula.

Law Makes Outdoor Dining a Permanent Option

Gov. Gavin Newsom signed into law on Friday legislation that will expand outdoor dining options for restaurateurs.

Preview: Soft Drink IPO

Sugar-free soda bottler Zevia goes public on NYSE.

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Former Rexford CFO Joins PS Business Parks

PS Business Parks Inc. has appointed Adeel Khan as its chief financial officer and corporate secretary, effective Jan. 10, 2022.

Marcus & Millichap Forms Lending Alliance

Marcus & Millichap Inc. announced Friday that its financing subsidiary, Marcus & Millichap Capital Corp., has entered into a strategic alliance with M&T Realty Capital Corp. to enhance financing options for its clients.

Amgen Announces R&D Partnership on Brain Diseases

Amgen Inc. announced the start of a collaboration with Neumora Therapeutics, a clinical-stage biopharma company specializing in brain disease medicines.

PS Business Parks Sells San Diego Campus for $315 Million

PS Business Parks Inc. has sold its Lusk Business Park property in San Diego for $315 million as part of a 1031 exchange with an affiliate of Longfellow Real Estate Partners.

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