LABJ WEEKLY EDITION

REAL ESTATE: Wilshire Corridor

Main events in L.A.’s submarkets in the first quarter.

REAL ESTATE: South Bay

Main events in L.A.’s submarkets in the first quarter.

REAL ESTATE: San Gabriel Valley

Main events in L.A.’s submarkets in the first quarter.

Rodney King Riots Still Cast Shadows

Some neighborhoods and properties damaged in the Rodney King riots have made full recoveries, while others are still working to bounce back from the unrest.

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Alliances Slow On Scheduling

SHIPPING: Port businesses wait as partners come together.

New alliances among cargo lines have left some port businesses high and dry on scheduling.

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Japan’s Adastria Fashions Acquisition of Velvet

APPAREL: Bid Buttoned Up

Tokyo’s Adastria zips up deal for clothing company Velvet.

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Medical Brings M&A to Life

HEALTH CARE: Sector resists Obamacare concerns.

Medical sector still gets dealmakers’ blood racing despite concerns for fate of Obamacare.

Easter May Deliver Hopped-Up Sales

Holiday’s later date could spur shoppers to put even more in baskets, according to retail group

Industry group expects Easter’s later date to egg on shoppers to increase their holiday spending.

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Bank Parents Put Money on Union

PacWest shells out $705 million to acquire CU with eye toward beefing up operations in SoCal.

PacWest believes deal for CU will pay off in an expanded presence in Southern California.

PAGE 3: Head of the Class

We’re heading into graduation season, and that means it’s time to start doling out the honors.

Clean Air Plans Cast Cloud Over Business at Ports

SHIPPING: Zero-emission timeline relies on existence of undiscovered technology.

Terminal operators say a proposal for zero-emission equipment by 2030 doesn’t add up.

Clean Air Plans Cast Cloud Over Business at Ports

REGULATION: Imposition of ‘facility caps’ could spur companies to leave state.

Cargo handlers fear being boxed out by a state proposal to curb pollution at facilities.

Flipped Script

No sequel to 2007’s production boom as writers, producers talk contract.

Producers head into negotiations with writers without staging a ramp-up in production.

Businessman Helped Neighborhood Bounce Back

DEVELOPMENT: Vermont Avenue tenants credit lift to efforts by Leonardo Lopez.

Olympian Burgers’ Pete Zinelis lived through the Rodney King riots and the neighborhood’s recovery.

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Images of L.A. Upheaval

Business Journal photographer Todd Frankel hit the streets in April 1992 to frame the fallout of the unrest.

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Upfront Ventures’ Mark Suster Quickly Bought in to L.A.’s Future as a Tech Development Hub

Early Entry

Upfront Ventures’ Mark Suster plugs L.A.’s tech scene after forming an early connection.

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Hyperloop Pitches Gain Ground in Competition

TRANSPORTATION: Bids will be cut to three, with one selected for development.

After receiving proposals from more than 2,600 organizations and individuals, downtown’s Hyperloop One last week selected 11 projects to consider for financing and construction of potential hyperloop systems.

First Quarter Brought Positive Public Performance

INVESTMENT: Snap’s IPO powered up improved period in year-to-year comparison.

The market for emerging companies put up strong first-quarter numbers on the back of Snap Inc.’s March initial public offering, according to data released last week by big four accounting firm Ernst & Young.

Private Equity Firm Crosses Over Into Immigration Services

Platinum Equity made a play into the immigration services sector last week, acquiring Ashburn, Va.-based government contractor FCi Federal for an undisclosed sum through its PAE portfolio company.

Calendar

Calendar of Events

Conventions

Upcoming Conventions

Office Developers Find Home in Residential Area

ACQUISITION: Co-owners expect multifamily boom to feed interest in work space.

The eight-story office building at 520 N. Central Ave. in downtown Glendale sits on a street where several apartment complexes have popped up in the last couple of years.

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Still Area of Concern

The last 25 years have seen tremendous economic growth across Los Angeles, but at the epicenter of the unrest problems persist.

Cash-Advance Firm Plows Money Into Farming

FINANCE: ProducePay fields service to fund-hungry sector.

Cash-advance service ProducePay believes it has a bumper crop of clients in farmers.

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High-end Homes May Face Lower Demand

High-end home brokers see signs that East Coast slowdown could move to Los Angeles.

Developers and brokers of high-end homes in Los Angeles are seeing cause for concern in East Coast luxury markets such as New York and Miami, where prices have softened and sales volume has waned.

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Extended Stay Pays for Hotels

HOSPITALITY: King’s move to China yielded investors.

Developer Grant King checked in with Chinese investors to back his Hollywood hotel projects.

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