In this week’s special report, we break down hot topics and trends in real estate as well as the latest data.
HEALTH CARE: KPC gets St. Vincent, St. Francis hospitals
Bankruptcy judge approves sale of Verity Health hospitals.
FINANCE: LA a hotbed for SPACs, deal-makers
L.A.’s flurry of blank-check offerings continues into 2019.
TRADE: Terminal operators continue push for automation
Fight over automation continues at Port of Los Angeles.
Tech: Google, others ramp up to meet growing local demand
Data centers finding new homes downtown.
LEDtronics has made industrial LED lights for more than 35 years
LEDtronics sticks to its roots in commercial and industrial lighting market.
Tech: $25M deal comes on heels of $20.5M IPO for video advertising co.
Verb acquires Utah competitor following IPO.
After year-end surge, ports see fall in first-quarter imports from China
Ports see imports from China fall in first quarter.
NY firm acquires Data Blue, which provides cloud and computer services
Platinum Equity, Gores Group sell information technology company.
Michael Ritchie • Center Theatre Group
Here’s looking at you
Local engineering giant’s URS unit in hunt for aircraft logistics work
AECOM looks to cement defense contractor position with bid on $13B Navy contract.
Gemini-Rosemont will occupy offices in iconic Century City building
Gemini-Rosemont Realty looks to cash in on L.A.’s real estate market with HQ move.
Mobile game developer has raised $250M; revenue rose 80% in 2018
Scopely looks to expand in Culver City.
DonaTion: $15,000 to help NoHo organization move people out of homelessness.
LA Family Housing Corp. has received a $15,000 grant from Northwestern Mutual as part of the company’s 2019 Community Service Awards
FINANCE: Bank leads on equity return, data shows
Preferred Bank takes road less traveled.
Retail: On Rodeo Drive, retailers have tails wagging
Shops on Rodeo Drive are going to the dogs.
United, Southwest want more LAX gates; cargo facility demolition could be sped up
United, Southwest could benefit from proposed LAX expansion.
Entertainment: Plays drop after HBO documentary alleging sexual abuse
Fallout from Michael Jackson doc spreads to L.A. radiowaves.
Retail: Brands spend thousands to reach influencers at the music festival
GBK looks to get swag bags into influential hands at Coachella.
Venture capital transaction volume wanes in LA and Orange counties
L.A. venture capital deals down in 2019.
Disney family’s Shamrock Holdings provided seed money for early investments
Integrated Capital raises funds from Disney family’s investment vehicle.
SoCal grocery employees have been working without contract since March 3
Federal mediator steps in as grocery workers union, stores negotiate contract.
Capital commitments transform campus with more development slated
Keck Medicine investment shows results.
Local builders tap $800M in public funds for supportive housing
A range of factors are driving growth and opportunity across Los Angeles’ real estate market. While some companies are benefitting from an influx of public money, others are taking advantage of tax law changes. In this week’s special report, we break down hot topics and trends as well as the latest data.
Companies free up capital and cash in on properties
TAX LAW CHANGES SPUR SALE-LEASEBACK POPULARITY
Moves by Snap, others leave unused office space in search of tenants
SUBLEASES GIVE COMPANIES OPTIONS