LA BUSINESS JOURNAL DAILY NEWS

3 Retail Properties Sell for More Than $110 Million

The properties include a Home Depot, an Amazon Fresh and a Chick-Fil-A.

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Syng Raises $49 Million for Home Audio Tech

Syng was founded by Christopher Stringer, a former designer for Apple, and Damon Way, who also co-founded DC Shoes.

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Valley National Bancorp Buys Bank Leumi USA

Valley National and Bank Leumi will have a combined $1.1 billion in assets in Los Angeles County.

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US Bancorp to Buy Union Bank in $8 Billion Deal

The deal creates a behemoth banking operation in Los Angeles County.

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Commerce Industrial Asset Sells for $39 Million

The property is in a tight industrial central submarket — the vacancy rate stands at 2.7%.

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Live Nation Reaches Latin America With $444 Million Deal for OCESA

Live Nation Entertainment Inc. said it will acquire OCESA Entretenimiento for $444 million.

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Greenberg Glusker’s Bob Baradaran Shares What’s Ahead for LA Real Estate and His Firm

The LABJ Interview

In every sense possible, Bob Baradaran’s last 18 months have been dedicated to rapidly changing real estate.

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Johnny Was Apparel Brand Investment Pays Off for Endeavour

Downtown-based apparel brand Johnny Was has quadrupled its annual revenue to about $200 million.

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How GoodRx Fended Off Amazon

GoodRx and its consumer-focused health care apps have managed to hold their own and even thrive despite an escalating threat from Amazon.com Inc.

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New LA28 CEO Kathy Carter Shares How LA Business Leaders Can Help Make the Games Great

The road to any Olympics is a series of goals and milestones, turning preparation into possibilities.

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Diversis Reaches Milestone $1 Billion Assets Under Management

Diversis Capital Management in now part of an exclusive club of Los Angeles firms with assets under management of more than $1 billion.

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Whatnot Reaches $1.5 Billion Valuation

The valuation is tied to the company closing its third investment round of the year, through which it brought in $150 million.

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Eye-Catching $500 Million Tower Planned for Hollywood

A new showstopper is planned for Sunset Boulevard in Hollywood.

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Appetize Acquired by SpotOn for $415 Million

Playa Vista-based point-of-sale software developer Appetize Technologies Inc. has been acquired by SpotOn Transact Inc. for $415 million.

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Fika Ventures Raises $195 Million for Tech Investments

Fika Ventures will direct the funds toward seed investments in software, fintech, marketplaces and health care IT.

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LA Ports Still Clogged With Cargo Imports

With some 60 container cargo ships idling at the entrance of the port complex last week, traffic congestion in the San Pedro Bay shows no signs of letting up.

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Brian Robbins Named Paramount Pictures’ Next Chairman, CEO

ViacomCBS Inc., parent company of Hollywood-based Paramount Pictures Corp., has named Brian Robbins the studio’s next chairman and chief executive.

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Fox Corp. Acquires TMZ for $50 Million

Fox Corp. announced it acquired tabloid journalism online newspaper TMZ on Sept. 13 for an estimated $50 million.

California Market Center Readies for Completion of $170 Million Makeover

The Gensler-designed renovation adds a rooftop terrace, open-air skybridges, dining space and an events plaza.

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Involve.ai Helps Businesses Retain Their Subscribers

For companies that rely on long-term customers, “churn” — a term that refers to the number of canceled or lapsed subscriptions — is a major challenge.

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