SFV BUSINESS JOURNAL DAILY NEWS

VICA Voices Opposition to L.A. City Council Business Measures

Van Nuys-based advocacy group Valley Industry & Commerce Association has voiced opposition to a Los Angeles City Council motion to regulate business.

Anheuser-Busch to Produce Hand Sanitizer at Van Nuys Plant

In response to the spreading COVID-19 virus, Anheuser-Busch Cos. announced on Sunday that it will produce bottles of hand sanitizer at its Van Nuys plant in addition to its Budweiser beer.

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L.A. County Closes ‘Nonessential’ Businesses

Los Angeles County and city officials released emergency orders to close nonessential businesses and keep residents in their homes to prevent the spread of coronavirus.

Hospitals Prepare for Patient Surge

Hospitals in the Valley region are preparing for an influx of COVID-19 patients, with experts predicting many facilities in the U.S. health care system will be overwhelmed with cases in the coming months.

$20.5 Million Loan Secured by Sherman Oaks Best Western Hotel

Real estate investment bank Sonnenblick-Eichner Co. has arranged $20.5 million in first mortgage debt for the 178-room Carriage Inn, located at 5525 Sepulveda Blvd. near the intersection of Burbank Boulevard in Sherman Oaks.

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Grocery Stores, Pharmacies Adjust to Coronavirus Boom

While most of the Valley region’s retail sector has temporarily shut down amid the coronavirus outbreak, grocery stores are busier than ever as throngs of shoppers stock up in preparation for days or weeks spent at home in self-quarantine.

At Least 38 Virus Cases in Valley

At least 38 cases of coronavirus have been confirmed in the San Fernando Valley area.

Westfield, Simon Shut Down Shopping Centers Amid Virus Outbreak

Two major mall owners in the Valley region are closing their shopping centers in light of the coronavirus outbreak.

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Ventura County Closes Certain Businesses, Orders Elderly to Stay Home

Ventura County has ordered certain businesses to close and elderly residents to stay at home to slow the spread of coronavirus, effective Wednesday.

71-Unit Apartment Complex Proposed for Sun Valley

North Hollywood developer Sahaco Inc. has filed plans with the city of Los Angeles for a new residential complex in Sun Valley that would bring 71 market-rate apartments online.

Tarzana Multifamily Sells for $15 Million

A 48-unit multifamily complex in Tarzana has sold for $15.1 million in an all-cash transaction.

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Tix Corp. Closes Ticket Booths, Lays Off Employees in Las Vegas

Tix Corp. has closed its Las Vegas ticket booths and laid off its employees there in light of the closures of casinos and attractions in the city due to the coronavirus outbreak.

MannKind Shifts Research to Coronavirus Treatment

MannKind Corp. on Tuesday announced it is adjusting its pipeline research to focus on respiratory viral infections such as coronavirus.

Anchor Loans Leases New Headquarters in Westlake Village

Anchor Loans is relocating its headquarters to Westlake Village with the signing of a 26,000-square-foot lease at One Baxter Way.

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Courier Service Downsizes in Chatsworth

Redline Courier Service will layoff about 80 percent of its workforce this spring, including at its Chatsworth facility.

L.A. Restricts Restaurants, Retailers to Control Coronavirus

L.A. Mayor Eric Garcetti has mandated temporary restrictions for retail businesses within the City of Los Angeles to help prevent the spread of coronavirus.

Closure of Reagan Presidential Library in Simi Valley

The Ronald Reagan Presidential Library and Museum on Monday announced that it will close to the public until March 31 amid coronavirus concerns.

WeWork Opens Warner Center Location

WeWork has announced the opening of its first location in Woodland Hills, called WeWork The Warner Center.

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Universal Studios Theme Parks Close to Contain Coronavirus

Universal Studios Hollywood and Universal Orlando Resort announced late Thursday that both theme parks will close in hopes of containing the spread of coronavirus.

Preview: Viral Economics

Valley companies struggle to get ahead of coronavirus outbreak.