LABJ WEEKLY EDITION

Health Care Special Report

The market for health care in the Southland has never been more robust.

Downtown's Belasco Theater Joins the Live Nation Club

Another historic LA theater joins company’s portfolio

Beverly Hills-based Live Nation Entertainment Inc. has entered into a long-term operating lease agreement with downtown’s Belasco Theater.

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Special Report: Real Estate Quarterly — Q4 2019

Demand, prices and activity were at high levels in L.A.'s real estate market during the fourth quarter.

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Hip Hooray: Highland Park Has History — and Property Prices — on Its Side

Cool Enclave Welcomes Families

History and hipsters have converged in family-friendly Highland Park.

Big Dealer: Rexford Piles Up the Properties in the Industrial Space

Industrial Rents Up 200% in 10 Years

The industrial sector has been one of real estate’s hottest asset classes since the recession, and that has been a boon to Rexford Industrial Realty Inc.

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Los Angeles County Real Estate Market, 4th Quarter 2019

Submarket Data Summary

Quarterly highlights from every submarket of L.A. County in the Real Estate Quarterly Special Report.

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Aragon Closes $1.9 Billion Sale

Largest multifamily deal since 2016

Westwood-based Aragon Holdings sold a portfolio of 36 apartment properties for $1.85 billion to Norfolk, Va.-based Harbor Group International.

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Molina Enters Growth Mode

Company looks to new execs, contracts

After a rocky three years, managed care and Medicaid insurer Molina Healthcare Inc. says it is back in growth mode.

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Shabby Chic Tries Clothing

Design line launches fashion collection

Liliput & Co., which does business as Shabby Chic, the home goods brand, is aiming for another area of the house — the closet.

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LABJ Insider

What Recession?

Read this week's column from Los Angeles Business Journal Editor Scott Robson for goings-on in L.A.'s business community.

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Multifamily Properties Secure Loans

$130M in funding goes to Paramount renovation, Azusa development

Two loans totaling more than $130 million were announced for multifamily properties in Paramount and Azusa last week.

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Shares Soar for Soon-Shiong Companies

NantKwest drug shows promise, NantHealth sells unit for $47M

Stock prices skyrocketed last week for two of billionaire Patrick Soon-Shiong’s health care companies.

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Rios Clementi Partners Depart to Form New Studio

Smith-Clementi goes small but globa

Renowned architects Julie Smith-Clementi and Frank Clementi, founding partners at Leimert Park-based Rios Clementi Hale Studios, have launched a new design firm.

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Califa Farms Raises $225 Million

Dairy-free brand plans global expansion

Califa Farms raised $225 million to fuel its international expansion and launch new product lines.

Clearlake Backs Deal

PE firm’s Provation acquires medical software platform

Provation Medical Inc., a health care software company backed by Santa Monica-based PE firm Clearlake Capital Group, acquired medical reporting software company MD-Reports.

Diamond Eagle Bets on DraftKings, SBTech

Planned three-way merger heads to SEC for review

Century City-based blank check company Diamond Eagle Acquisition Corp. entered into formal SEC review for a three-way merger with DraftKings Inc. and SBTech Ltd.

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Manifest Buys SF Business

Cannabis company adds to string of acquisitions

Cannabis logistics company ManifestSeven has acquired San Francisco-based cannabis delivery service Lady Chatterley Health.

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Hollywood Software Firms Merge

Entertainment Partners acquires SyncOnSet

Burbank-based Entertainment Partners has acquired Culver City-based software developer SyncOnSet Technologies Inc.

Riot Games Settlement Is Challenged by State

Offer in sex discrimination suit is called inadequate

Five months after announcing a negotiated settlement in a sex discrimination and pay inequity lawsuit, Riot Games Inc. could be headed back to court.

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Warner Bros. Signs Cinelytic

Deal brings firm’s AI software to film studio

Warner Bros. Pictures International is betting that artificial intelligence can help manage its expansive catalog.

Dog’s Best Friend

Russell Gittlen I Guide Dogs of America

Russell Gittlen of Guide Dogs of America puts mission first.

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MWest Sells Properties for $64 Million

Buildings restored in Los Feliz, Westlake

Developer MWest Holdings sold two multifamily properties for a total of more than $64 million.

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Making His Mark

Related California’s Bill Witte continues to guide iconic projects

Related California’s Bill Witte, one of the largest developers of multifamily housing in L.A., weighs in on L.A. real estate, affordable housing and more.

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Bank Branches Change It Up

LA sets the pace for new customer experiences

To keep up with changing customer needs, L.A. banks have had to ramp up investment in technology and offer a new kind of customer experience.

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Activision Answers ‘Call’

Company retools esports league, seeks revenue

After shutting down an existing esports league, Activision Blizzard Inc. is betting big on a new league that will begin its inaugural season Jan 24.

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Body Data Firm Digs Deep

Biostrap offers consumers ‘Fitbit on steroids’

Biostrip's body data collection device provides in-depth monitoring that passes clinical muster.

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LABJ Insider

The Names Game

Read this week's column from Los Angeles Business Journal Editor Scott Robson for goings-on in L.A.'s business community.

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