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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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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