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Silicon Beach Report July 17: Fifth Wall Raises $500 Million Fund to Invest in Real Estate Technology
Netflix subscriptions drop; Techstars begins new LA class; Fifth Wall completes huge fund raise
Price Architects Joins Global Firm HKS
Two prominent LA architecture and design firms are combining forces. Price Architects Inc. has joined HKS Architects, the firms announced July 15.
Cedars-Sinai $15 Million Grant Addresses Homelessness
Cedars-Sinai is contributing $15 million to address homelessness. The money will go to 108 nonprofit groups.
Fifth Wall Raises $500 Million Fund to Invest in Tech for Real Estate Industry
Venice-based Fifth Wall Ventures has raised more than a half-billion dollars for a new fund, among the largest raised in Los Angeles.
Capricor Stock Rises on Positive Results of Muscular Dystrophy Treatment
Capricor Therapeutics Inc., a Beverly Hills-based biotechnology company working on a cell-based therapy to improve the lives of boys diagnosed with a devastating form of muscular dystrophy, reported promising early findings of a clinical trial involving 20 patients.
LA Weekly Owners Quietly Settle Dispute
A dispute between the owners of LA Weekly has quietly settled, but the alternative paper’s future remains unclear as the publication has reduced its size and cut back on distribution.
Silicon Beach Report July 16: 100 Thieves Raises $35 Million
Casetabs nabs $3 million; 100 Thieves plans new L.A. headquarters; Mahmee finds new funding
WeWork Signs 30th LA Lease at Wilshire Courtyard
Coworking giant WeWork Cos. Inc. has signed a more-than 135,000-square-foot lease at Wilshire Courtyard in Miracle Mile — its 30th lease in the city.
100 Thieves Raises $35 Million, Plans New Headquarters
Esports company and team manager 100 Thieves raised $35 million in a Series B round to fuel its expansion and the development of a new Los Angeles headquarters.
B. Riley Financial Names Former Rep. Mimi Walters to Board
Woodland Hills-based financial services firm B. Riley Financial Inc. named former Republican Rep. Mimi Walters from Orange County to its nine-member board.
Beverly Hills PE Firm Regent Buys French Cycling Company Mavic
Beverly Hills-based private equity firm Regent has purchased French cycling company Mavic from Amer Sports, a Finnish-based headquartered sporting goods company.
L.A. County Assessed Property Valuations Pass $1.6 Trillion, Led by Inglewood’s NFL Stadium
Assessed property valuations grew 6.3% last year to $1.6 trillion, led by the NFL stadium construction in Inglewood, the county assessor’s office reported July 15.
Sterling Organization Shells Out $35 Million for Melrose Ave. Retail Properties
Sterling Organization has acquired a two-building retail portfolio on Melrose Avenue in West Hollywood for $35 million.
Furniture-maker Jonathan Louis Slashes Workforce
Furniture-maker Jonathan Louis has laid off workers and cut back production amid slowing demand for the wholesaler's sectional couches and other furnishings.
Silicon Beach Report July 15: FX Plus Shut Down by Disney
FX Plus to stop service; J2 Global acquires more subsidiaries; SpaceX, NASA discover cause of rocket launch failure
MannKind Partners with GoodRx App
MannKind Corp. in Westlake Village has partnered with Santa Monica’s GoodRx, an app that allows people to see the best prices for drugs.
Food & Beverage: A Roundtable Discussion
Custom Content by the Los Angeles Business Journal
What elements are driving innovation in the food and beverage industry in 2019?
Weekend Getaway Guide: Nine Tips to “Supercharge” Your Staycation
Custom Content by the Los Angeles Business Journal
Vacation budgets may be tight for many, but it is still possible to take a rejuvenating break.
Weekend Getaway Guide: Local Tourism Continues to Boost the Success of L.A.
Custom Content by the Los Angeles Business Journal
Tourism accelerated Los Angeles County’s economic prosperity in 2018 as visitors pumped an all-time high $23.9 billion directly into the L.A. economy, generating a record $36.6 billion in total economic impact.
Weekend Getaway Guide: Places to Stay in Los Angeles for that Weekend Escape
Custom Content by the Los Angeles Business Journal
In terms of things to do, Los Angeles continues buzzing with activities for the new season.
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