A 45-unit apartment building in Pasadena has sold for $14 million, CBRE Group Inc. announced Jan. 10.
Private equity firm Corridor Capital announced Wednesday the sale of Chino-based tool-manufacturing company Wetmore Tool & Engineering Company to Dormer Pramet, a subsidiary of the Sweden-based Sandvik Machining Solutions.
Showtime Networks Inc. announced Jan. 9 a new West Coast headquarters at The Lot Studios in West Hollywood.
Beverly Hills-based PacWest Bancorp said Wednesday that it terminated its previously announced agreement to buy El Dorado Savings Bank after the latter bank’s shareholders failed to support the transaction, due to a drop in bank values over the past year.
Former Comcast executive hired by Jukin Media; new executives at Activision Blizzard; Bird seeking new funding.
Downtown-based supplement company Herbalife Nutrition Ltd. said that Michael O. Johnson, currently the executive chairman who led the company from 2003 to 2017 as CEO, will reassume the role as CEO on an interim basis following the resignation of current CEO Richard Goudis, effective immediately.
Shareholders that own a stake in MedMen Enterprises Inc. filed a lawsuit against the company in Los Angeles County Superior Court Jan. 8, alleging a breach of fiduciary duty.
Treehouse Real Estate Investment Trust, a cannabis REIT, will acquire $100 million of real estate from Culver City-based MedMen.
Lieberman Research Worldwide Inc., a Century City public relations firm, has acquired Killer Infographics, a Seattle marketing company focused on graphic and visual art, according to a Jan. 8 press release.
Commerce-based MJIC Inc., a cannabis logistics company building a network of distribution hubs in California, said it’s moving forward with its plans to go public.
Pasadena-based engineering and security consulting firm Parsons Corp. announced Jan. 8 that it has acquired OGSystems, an imaging, mapping and data analytics company based in Chantilly, Va., for an undisclosed sum.
Los Angeles-based Parkview Financial has provided a $29 million loan to refinance the construction of an 80-unit condominium complex in Koreatown. The project is partially completed.
Fox Sports Digital announces Women’s World Cup content; Fandango inks deal with IMAX; Hulu grows subscriber base.
The CalEdison, a well-known art deco building in downtown Los Angeles, has been refinanced.
Google is nabbing even more space in L.A. The tech giant has agreed to lease the entirety of Hudson Pacific Properties and Macerich’s 584,000-square-foot Westside Pavilion redevelopment. The long-rumored lease was announced by the companies Jan. 8.
Beverly Hills-based Levine Leichtman Capital Partners has closed Levine Leichtman Capital Partners Fund VI, L.P., a $2.5 billion fund.
Southern California Gas Co.’s new chief executive Bret Lane on Jan. 7 announced two members of his leadership team: Maryam Brown as president and Jimmie Cho as chief operating officer.
Ring offers new products; Government shutdown delays SpaceX launch; SoulPancake hires new executives
Super League Gaming Inc., a Santa Monica company that organizes amateur e-sports competitions, filed a $25 million initial public offering with the Securities and Exchange Commission Jan. 4.
Gov. Jerry Brown named Jonathan “Jay” Sures, United Talent Agency’s current co-president, to the UC Board of Regents Jan. 4, a move that comes 48 hours before Brown ends his gubernatorial term.