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Monday, May 12, 2025

Regional Reports

CENTRAL AREA

BALDWIN HILLS

Website Revamp: CraveOnline.com, a lifestyle site for the young male demographic operated by Baldwin Hills-based Evolve Media Corp., has added more content and features and more ways for marketers and advertisers to target the site’s readership.

LOS ANGELES

New Office: Thermo Credit LLC, a New Orleans-based financial services company focused on the communications industry, has opened an office in Los Angeles. The new outpost, at the Howard Hughes Center near Los Angeles International Airport, will be operated by business development officer Juliet Nguyen.

SAN FERNANDO VALLEY

AGOURA HILLS

Menu Addition: Hugo’s Restaurants, a West Hollywood-based chain, is opening a full-service location in Agoura Hills. The new eatery is at 28914 Roadside Drive in the Whizin’s Center retail complex.

SYLMAR

Construction Pickup: Tutor Perini Corp., a Sylmar-based construction company, has acquired Gulfport, Miss.-based Anderson Cos. Anderson is the privately held parent of Roy Anderson Corp., Harrell Contracting Group LLC and Brice Building Co. LLC construction services company. Tutor Perini acquired all of the parent company’s stock for $64.6 million in cash.

WESTLAKE VILLAGE

Speaking Up: Blue Microphones, a Westlake Village microphone maker, has acquired the assets of Summit Audio Inc., a Gardnerville, Nev., audio technology company. Financial terms of the deal were not disclosed.

WESTSIDE

SANTA MONICA

Public Offering: Colony Financial Inc., a Santa Monica real estate financing company, has announced the public offering of 14 million shares at $18.50 per share. The company is offering 13.25 million shares; stockholders are offering the remainder.

CORRECTION

The Real Estate column in the March 21 issue misstated the name of law firm Jones Day.

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