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Sandy Sigal founded Calabasas-based NewMark Merrill Cos. Inc. in 1997 and has grown it into a real estate company with 12 million square feet of assets and a portfolio worth more than $2 billion. Sigal began his real estate career nearly four decades ago by joining homebuilder West Venture Cos. While there, he founded its […]
Thousand Oaks-based pharmaceutical giant Amgen Inc. is putting more emphasis on its international reach. Besides its much-covered $27.8 billion acquisition of Dublin, Ireland-based Horizon Therapeutics that closed on Oct. 6, Amgen in recent months has established a network of eight cancer research centers around the globe, bringing together leaders of these centers and its own […]
Providence Holy Cross Medical Center in Mission Hills has opened an expanded and refurbished neonatal intensive care unit. The expansion, which cost nearly $9 million and was completed last month, added six beds to the 12 that comprised the original neonatal intensive care unit. “These babies are among our most vulnerable patients, and it takes […]
Culver City-based Goldrich Kest is constructing a 129-unit apartment complex alongside the Los Angeles River in Studio City, a major milestone for the company, as it marks its first ground-up development in more than 15 years. The five-story multifamily complex, which will be called The Crescent, will feature a variety of studios and one-, two- […]
A newly renovated medical building in Tarzana is more than 60% leased at higher rents than before it was updated. The two-story, 45,000-square-foot building, which is located at 19500 Ventura Blvd. and has a working name of Tarzana Health Center, will offer services ranging from dentistry and pharmaceuticals to primary care and urgent care. It […]
In a bold defiance of the ongoing cryptocurrency bear market, a trio of seasoned crypto entrepreneurs – Tim Draper, Alon Goren, and David Bleznak – have formed Draper Goren Blockchain, a new incubator separate from the existing Goren Holm Group LLC venture capital firm and incubator. Located in Westlake Village, this venture studio, which is […]
Jones Lang LaSalle Inc. Capital Markets sourced and arranged $43.2 million in bank bridge financing for Varenita of Westlake, an 86-unit assisted-living and memory-care community located in Westlake Village. JLL represented the borrower, Westlake Senior Living Center LLC, to secure the five-year loan from a West Coast regional bank. The financing was needed to replace […]
Thousand Oaks-based Atara Biotherapeutics has reached an agreement with the federal Food and Drug Administration that clears the way for the company to submit to the agency clinical trial data for its drug to treat a rare blood cancer. Atara has developed a drug platform comprised of a type of immune cell known as a […]
The Cheesecake Factory Inc., one of the most recognizable casual dining chains in the country, has deployed its top executives across investor conferences this year to reiterate its confidence amid market concerns about the chain’s shaky status with customers. Most recently, the Calabasas-based restaurant sent president David Gordon and chief financial officer Matthew Clark to […]
A Los Angeles-based community development nonprofit is expanding its footprint in the San Fernando Valley. New Economics for Women received a $2 million grant from Assemblymember Jesse Gabriel to contribute to a mixed-use development with affordable housing units above a commercial ground floor that will house the organization’s Women’s Business Center. The grant, awarded in […]
