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This article has been revised and corrected from the original version. Westlake Village-based immune-dermatology company Arcutis Biotherapeutics Inc. has received federal approval to begin marketing its drug to treat plaque psoriasis in children ages 6 to 11. The company had already received approval to market the drug for use in people 12 and over. Separately, the […]
Westlake Village-based immune-dermatology company Arcutis Biotherapeutics Inc. has received federal approval to begin marketing its drug to treat a type of dermatitis in children ages 6 to 11. The company had already received approval to market the drug for use in people 12 and over. Separately, the company this month announced a public offering of $100 million […]
While rapid growth is often considered the holy grail of success, one company in the San Fernando Valley is challenging the norm. Liberty Company Insurance Brokers Inc. has been on a meteoric rise, but it is making the decision to deliberately put the brakes on its expansion. Why would a company want to slow down […]
A real estate owner with thousands of multifamily units across the Valley is at the center of a 20-year, multibillion dollar dispute. Against his own family. Five brothers, sons of a diamond merchant hailing from the Indian state of Gujarat, whose ages now range from the 50s to 70s, have been in contention for more […]
Farming operations nestled in the hills of Ventura County accounted for more than $2.1 billion in economic activity last year. However, the expected return of the infamous El Niño weather pattern this year could drown out some the bounty for the area-leading crops dependent on drier climates, such as avocados and lemons. Farmers are bracing […]
Two separate industrial properties recently changed hands in Moorpark, as the area continues to be a magnet for investors seeking stable properties with a strong tenant base. The Westlake Village-based branch of commercial real estate brokerage firm Lee & Associates managed the sale of both fully occupied independent assets, which totaled more than $20 million. […]
A 280-unit luxury multifamily community located in the foothills of the Santa Susana Mountains in Chatsworth sold for $107 million. Institutional Property Advisors, a subsidiary of Calabasas-based leading commercial real estate brokerage firm Marcus & Millichap, closed the deal on the asset, which is called Summerset Village. “Well maintained by an institutional owner for over […]
Many restaurants are still relying on delivery applications and mobile ordering options, which became common during the height of the Covid-19 pandemic. Calabasas-based Curbit is giving kitchens tools to optimize these business models and recently brought on Fran Dougherty, a former executive leader at Microsoft Corp. as its chief executive. The company is using artificial […]
The Ministry of Railways, in collaboration with IRCTC Ltd, is planning a ‘North East Discovery’ tour to promote India’s comparatively unexplored North Eastern states, according to a release. According to an official announcement, the specifically planned trip aboard the Bharat Gaurav Deluxe AC Tourist train would begin its journey on November 16, 2023, from Delhi […]
Hanley Investment Group, a real estate brokerage and advisory services company based in Corona del Mar that specializes in retail property sales, arranged the sale of a new Bliss Car Wash in Valencia for $3.72 million. The arrangement, which was part of a 1031 exchange, marks Hanley Investment Group’s 80th car wash sale in the […]
