Stories for September 2017
Friday, September 29
Silicon Beach Report Sept. 29: SpaceX Working on Giant All-Purpose Rocket to Travel Around Earth, to Moon and Mars
SpaceX working on giant all-purpose rocket to travel around Earth, to moon and Mars; Disney launches DisneyNow app; and James Webb telescope launch again delayed.
Movers for Week Ending September 29, 2017
Arts District-based digital marketing company Social Reality Inc. was the week’s biggest gainer, jumping 53.4 percent to close at $2.50. Biotech firm Capricor Therapeutics Inc. of Beverly Hills followed closely, climbing 41.6 percent to close at $3.03. Differential Brands Group Inc. of Commerce was the week’s biggest loser, down 12.9 percent to close at $1.35.
Report: Job Growth Slowed in Los Angeles Last Year
Los Angeles had 1.39 million jobs during the third quarter of 2016, up 0.7 percent from the same period in 2015, a much smaller increase than the 2.3 percent jump in jobs between 2014 and 2015, according to a Beacon Economics study.
The Money Book: TX Zhuo
Venture Capitalists
TX Zhuo has been involved with startups since his college days when he started then successfully sold an online textbook marketplace.
The Money Book: Bill Woodward
Venture Capitalists
Bill Woodward has founded multiple businesses in the technology space, with more than $3 billion in exits.
The Money Book: David Travers
Venture Capitalists
Prior to joining Rustic Canyon in 2005, David Travers served as executive assistant to the national security adviser in the White House and was awarded the secretary of defense’s award for outstanding public service.
The Money Book: Amir Tehrani
Venture Capitalists
Amir Tehrani was the first Entrepreneur in Residence for the city of Los Angeles, working closely with the most exciting companies in the city to source capital and to provide support, while also identifying opportunities for the city to foster innovation and entrepreneurship.
The Money Book: Mark Suster
Venture Capitalists
Mark Suster joined Upfront in 2007 after having previously worked with Upfront for nearly eight years as a two-time entrepreneur.
The Money Book: Alex Suh
Venture Capitalists
California Technology Ventures Managing Director Alex Suh is also a founding managing director with J.J. Jacobs Enterprises and Jacobs Capital Group, both Pasadena-based venture capital and fund-of-fund firms.
The Money Book: Rick Smith
Venture Capitalists
Rick Smith said he is lucky to have co-founded and work with the firm, stating, “This is what I would do if I had nothing else to do.”
The Money Book: Yves Sisteron
Venture Capitalists
Prior to founding Upfront in 1996, Yves Sisteron managed the U.S. investments of Fourcar B.V., a division of Carrefour S.A., the second largest retailer in the world.
The Money Book: Michael Silton
Venture Capitalists
Michael Silton helps provide the UCLA community of students, faculty, and alumni with connections to investors.
The Money Book: David Siemer
Venture Capitalists
David Siemer founded Wavemaker Partners, successor to Siemer & Associates, in 2007 to fulfill his vision of a true boutique merchant bank that works with technology, software, and digital media companies throughout their lifecycles.
The Money Book: Dana Settle
Venture Capitalists
Prior to co-founding Greycroft, Dana Settle spent several years as a venture capitalist and advisor to startup companies in the Bay Area, including six years at Mayfield, where she focused on early stage companies in the mobile communications and consumer Internet markets.
The Money Book: Anthony Selah
Venture Capitalists
Anthony Selah formed Queensbridge Venture Partners when his client, the musician Nas, expressed interest in technology investing.
The Money Book: Paul Santos
Venture Capitalists
Paul Santos leads Wavemaker Partners' activities in Asia.
The Money Book: Nate Redmond
Prior to Rustic Canyon, Nate Redmond worked with Harvard Business School professor Clayton Christensen, advising and investing in technology companies.
The Money Book: Erik Rannala
Venture Capitalists
Prior to forming Mucker, Erik Rannala was at Harrison Metal Capital, where he helped lead one of the most successful seed-stage venture capital firms in Silicon Valley.
The Money Book: Anthony N. Pritzker
Venture Capitalists
Tony Pritzker, co-founder and managing partner of Pritzker Group, has more than 20 years of experience leading middle-market companies.
The Money Book: Guy Oseary
Venture Capitalists
Better known for managing Madonna and Alex Rodriguez, Guy Oseary reportedly relies on how he feels about a company and its potential when considering funding.
The Money Book: Kara Nortman
Venture Capitalists
Upfront Ventures Partner Kara Nortman is also a co-founder of Seedling, where she serves as chairwoman.
The Money Book: Jamie Montgomery
Venture Capitalists
Jamie Montgomery, a co-founder of March, has 19 years of growth-stage technology investment experience with multiple successful exits achieved.
The Money Book: Gregory Milken
Venture Capitalists
Gregory Milken, a co-founder of March, has 15 years of entrepreneurial and operational experience.
The Money Book: Brian Mesic
Venture Capitalists
Brian Mesic has led successful investments in pioneering companies such as Android (acquired by Google) and RF Magic (acquired by Entropic).
The Money Book: Eric Manlunas
Venture Capitalists
Eric Manlunas is a two-time startup entrepreneur-turned-early stage venture capitalist.
The Money Book: Sumant Mandal
Venture Capitalists
Sumant Mandal has 12 years of technology investment experience and has generated multiple meaningful exits in companies he has either incubated or where he had been the first institutional investor.
The Money Book: Peter Lee
Venture Capitalists
Peter Lee manages all of Baroda’s new investments and current portfolio.
The Money Book: Brian Lee
Venture Capitalists
Brian Lee co-founded LegalZoom, ShoeDazzle and Honest Co.
The Money Book: Clark Landry
Venture Capitalists
An Angel investor, Clark Landry has entered into early-stage partnerships with more than 60 companies and has 15 exits.
The Money Book: Ashton Kutcher
Venture Capitalists
This is the second venture capital endeavor for Ashton Kutcher and celebrity manager Guy Oseary, who previously built A-Grade Investments with Ron Burkle.
The Money Book: Neil Kadisha
Venture Capitalists
Neil Kadisha is primarily responsible for providing leadership and strategic planning for Omninet Capital investments
The Money Book: Richard Jun
Venture Capitalists
Richard Jun is a co-founder of the Los Angeles based venture capital firm that he started with Brian Lee, a serial angel investor and the co-founder of LegalZoom, Shoedazzle and Honest Co.
The Money Book: Buck Jordan
Venture Capitalists
Buck Jordan founded Canyon Creek in 2010 and prior to that had more than 10 years of experience in venture capital, finance, and consulting.
The Money Book: William Hsu
Venture Capitalists
Prior to forming Mucker, William Hsu was senior vice president and chief product officer of AT&T Interactive, where he oversaw P/L, product management and marketing, and UX responsibilities for all digital advertising initiatives for greater AT&T.
The Money Book: William Hanna
Venture Capitalists
California Technology Ventures' William Hanna was also a founding president and director of Cedars Bank.
The Money Book: Gabe Greenbaum
Venture Capitalists
Gabe Greenbaum leads Pritzker Group Venture Capital’s West Coast expansion in Los Angeles and has been instrumental in building the Pritzker Group Venture Fellows program and expanding the firm’s presence in New York.
The Money Book: James Gauer
Venture Capitalists
James Gauer has produced well over $1 billion in gains for his investors during his career.
The Money Book: Brian Garrett
Venture Capitalists
With 18 years of experience in early stage technology and strategy, Brain Garrett has worked closely with many successful Silicon Valley companies, including CommerceOne, Aurum, Broadbase, Inktomi, and Niku.
The Money Book: Clinton Foy
Venture Capitalists
Clinton Foy has more than 15 years of experience as an operating executive and business counsel to startups, entrepreneurs, and leading video-game, technology, mobile, and internet companies.
The Money Book: David Cremin
Venture Capitalists
David Cremin leads fund operations, fundraising, and portfolio management for Frontier Venture Capital.
The Money Book: Paige Craig
Venture Capitalists
As an angel investor, Paige Craig completed 101 deals in seven years and created a portfolio that includes Lyft, Wish, Postmates, and Angellist.
Television City on the Sales Block?
CBS Corp. is reportedly considering a sale of its historic Television City property in the Fairfax District, where “The Price is Right” and “The Late Late Show with James Corden” is produced.
Matching Sets
‘Airbnb of location shooting’ helps book low-cost sites
Startup Giggster offers location services to help low-budget productions get rolling.
Warning on Mexican Trade Hits Home in L.A.
L.A.’s ties to Mexico run too deep to sever, as former Mexican President Vicente Fox can attest.
Why Not Innovate on Immigration Policy, Too?
Roberto Cabral calls for immigration policies that will buoy entrepreneurs and the United States.
Calendar
Calendar of Events
Hotel Sees Room for Millennials in Downtown
Four-star Cambria project by L.A. Live aims to bank on affordable price points.
A four-star hotel specifically aimed at the millennial set will begin construction just north of L.A. Live in the first week of October, according to the team bringing the development to market.
Chambers of Commerce See Membership Slide
NONPROFIT: Dues dropped as some businesses work to contain operating expenses.
Membership dips at chambers of commerce as businesses cope with expenses.
Acquisition Talk Fires Up Rocket Maker’s Stock
Northrop-Orbit ATK deal bolstered prospects for Aerojet as pickup target.
Some are wondering how long Aerojet Rocketdyne Holdings Inc. of El Segundo will remain independent.
Manufacturers Put Together Day of Promotion
Local firms will host facility tours while educators, L.A. Mayor’s Office hold events.
Los Angeles plans to do its part in marking National Manufacturing Day on Friday – and what else to expect from the largest center of manufacturing in the country.
Mattress Company Firm in Online Tax Dispute
MANUFACTURING: Ortho sues California, out-of-state competitor over levy.
Ortho Mattress sues a California agency and an out-of-state rival over online sales taxes.
Deals & Dealmakers: Not So Slow for IPO Market
L.A.’s steady stream of flotations buoys region’s strong 2017 performance.
The local IPO market remained strong in the typically slow third quarter, according to data released last week by Ernst & Young.
Framing Film
Academy Museum of Motion Pictures rolls toward 2019 opening with $50 million gift from Sabans
Developers lift the curtain on the Academy Museum of Motion Pictures, scheduled for a 2019 debut.
College President in history books
College president closes the book.
Credit Union Puts Money on Pickup
Credit union doubles down.
Toymaker Suits UP with ‘Incredibles’
Toymaker grabs Disney deal.
Law Firm Poaches Senator’s Spouse
Law firm poaches top attorney.
Foundation Supports University With $20M
Chapman University’s science center books $20 million from the W.M. Keck Foundation.
Legal Deal Links Philly to Westside
Cozen O’Connor picks up 10 Gilchrist & Rutter attorneys to expand presence in California.
Cozen O’Connor looks to bolster its case on the West Coast with the pickup of Gilchrist & Rutter.
Internet Executive Eyes New Venture
J2 Global’s Hemi Zucker will step down in order to take helm at OCV Management.
J2 Global backs a CEO switch as part of the firm’s investment strategy.
PAGE 3: Disruption Unlimited
Last week’s grand opening for the Kimpton Everly Hotel Hollywood was nearly too cool, with a fantastic mound of shellfish on ice highlighting the food choices, a pool scene worthy of a cheeky indie film, and elegant performance art playing next to a “speakeasy.”
Ad Tech Firm Bucks Trend
ONLINE: $270 million to help System1 vie with titans.
System1 draws $270 million in equity despite jousting with Facebook and Google in the ad tech space.
Retailer’s Bankruptcy in Play
MANUFACTURING: Jakks, Mattel face Toys R Us flak.
Toys R Us’ bankruptcy filing changes the game for two local toymakers.
Amazon Bid Leans North
INTERNET: Santa Clarita hopes to land e-tailer HQ.
Some local leaders have homed in on Santa Clarita Valley as the best candidate to score Amazon.com’s new HQ.
Labor Works Against Hotel?
HOSPITALITY: Westin sale may reflect union pull in LB.
Pro-labor policies may not have worked out for the sellers of the Westin Long Beach hotel.
Thursday, September 28
Best Places to Work 2017: Small Companies
Custom Content from LABJ
The Best Small Companies to Work for in Los Angeles (15 to 49 US employees)
Best Places to Work 2017: Medium-Sized Companies
Custom Content from LABJ
The Best Medium-Sized Companies to Work for in Los Angeles (50 to 249 US employees)
Best Places to Work 2017: Large Companies
Custom Content from LABJ
The Best Large Companies to Work for in Los Angeles (250 or more US employees)
City West Building Expected to Fetch $42 Million
The $42 million sale of a 152,000-square-foot warehouse property on a little more than two acres near the 110 Freeway just west of the Los Angeles Convention Center is expected to close Friday, according to the broker working on the deal.
The Money Book: Troy Carter
Venture Capitalists
Troy Carter began his career in Philadelphia working for Will Smith and James Lassiter’s Overbrook Entertainment. He founded Atom Factory, an entertainment management company, in 2010.
The Money Book: David Carter
Venture Capitalists
Before joining Zuma Ventures, David Carter served as founder, president, and chief executive of Vertical Technologies, Thoughtstar, and S5 Wireless.
The Money Book: Brett Brewer
Venture Capitalists
Prior to co-founding Crosscut, Brett Brewer was a serial entrepreneur who built, operated, and sold a number of internet media companies.
The Money Book: Scooter Braun
Venture Capitalists
Talent manager Scooter Braun founded SB Projects to promote clients in “music, film, television, technology, brands, culture, and social good.”
The Money Book: David Bohnett
Venture Capitalists
David Bohnett is a philanthropist and technology entrepreneur who founded Baroda Ventures.
The Money Book: Kris Bjornerud
Venture Capitalists
Kris Bjornerud is an experienced early stage technology investor.
The Money Book: Arthur Bilger
Venture Capitalists
Arthur Bilger founded Shelter while acting as vice chairman of Akamai Technologies Inc., a provider of global, high-performance services for the delivery of internet content, streaming media, and applications.
LAX, Long Beach Airport Passenger Traffic Surged in August
Passenger traffic at Los Angeles International Airport and Long Beach Airport soared last month, with LAX up 4.4 percent and Long Beach up 16 percent, compared to August of last year, according to figures released this week by the airports.
Silicon Beach Report Sept. 28: J2 Global’s Hemi Zucker to Step Down, Lead VC Firm
J2 Global’s Hemi Zucker to step down, lead VC firm, Lockheed Martin ramps development of SR-72 at Palmdale’s Skunk Works and Snapchat launches sponsored World Lenses.
The Money Book: Seth Berman
Venture Capitalists
Seth Berman’s portfolio includes Nest, Optimizely, Wish, Kiwi-Crate, Lyst, Declara, Lendup, Kitchit, and Periscope.
The Money Book: Jon Bauch
Venture Capitalists
Jon Bauch evaluates new investments for Anthem Venture Partners and is a board member and adviser to portfolio companies.
The Money Book: John Ball
Venture Capitalists
John Ball, who formed Steamboat in 2000, has more than 20 years of experience in venture capital investing, mergers and acquisitions, business development, and strategic planning in the media, entertainment, and technology sectors
The Money Book: Jim Armstrong
Venture Capitalists
With 19 years of technology investment experience, Jim Armstrong has generated multiple large exits through IPOs or mergers and acquisitions from companies he either incubated or where he participated as the first institutional investor.
The Money Book: Jim Andelman
Venture Capitalists
Jim Andelman, founder and managing director of Rincon, has spent his entire career in and around B2B software.
Gilchrist & Rutter Law Firm Joins Cozen O’Connor
Santa Monica real estate and commercial litigation boutique Gilchrist & Rutter has joined Philadelphia, Pa.-based law firm Cozen O’Connor, the latter announced Thursday.
J2 Global’s Hemi Zucker to Step Down, Lead VC Firm
J2 Global Inc. of Hollywood announced on Thursday that Chief Executive Hemi Zucker will resign on Jan. 1, 2018 to become a managing principle of venture capital firm OCV Management.
Keck Foundation Donates $20 Million for Chapman University Science Building
The W.M. Keck Foundation donated $20 million to Chapman University for a new center for science and engineering, its largest and most expensive building on campus, the institutions announced Thursday.
The Money Book: Kevin Traenkle
Kevin Traenkle previously held the position of executive director and chief investment officer at Colony Capital Inc., the predecessor to Colony NorthStar.
The Money Book: Dennis Tito
Investment Companies
A native New Yorker, Dennis Tito earned his BS in astronautics and aeronautics from New York University’s college of engineering and an MS in engineering science from Rensselaer Polytechnic Institute.
The Money Book: Robert (Bob) Sinnott
Bob Sinnott oversees Kayne Anderson’s energy strategies.
The Money Book: Bleecker Seaman
Investment Companies
Bleeker Seaman of Lowe Enterprises is a New York native who started his career as a real estate lender with First Union National Bank.
The Money Book: Tad Rivelle
Prior to joining TCW, Tad Rivelle served as chief investment officer for MetWest, an independent institutional investment manager that he co-founded.
The Money Book: Antony Ressler
Antony Ressler is a co-founder of Ares and chairman and chief executive of Ares Management, Ares’ general partner.
The Money Book: Michael Reilly
Investment Companies
Michael Reilly is chief investment officer of the equities group at TCW and has been director of U.S. equity research since 2006.
The Money Book: Joan Payden
Investment Companies
In 1992, nine years after Joan Payden founded her global management investment firm, the company launched Payden & Rygel Investment Group, a family of mutual funds, of which Payden is chairwoman and chief executive.
The Money Book: Scott Minerd
Investment Companies
Scott Minerd is a founding managing partner at Guggenheim. He guides the firm’s investment strategies and oversees client accounts across a broad range of fixed-income and equity securities.
The Money Book: S. Kenneth Leech
Investment Companies
A 40-year veteran of the investment management industry, Kenneth Leech joined Western Asset Management in 1990.
The Money Book: Bruce Karsh
Investment Companies
Prior to co-founding Oaktree, Bruce Karsh was a managing director of TCW Asset Management Co.
Wednesday, September 27
The Money Book: Brian Moody
Brian Moody leads the firm’s financial and operational due-diligence efforts and portfolio oversight.
The Money Book: Guy Zaczepinski
Private Equity
Guy Zaczepinski is responsible for sourcing, evaluating, and structuring growth equity and buyout transactions as well as for monitoring portfolio company investments.
The Money Book: Eric Wedbush
Private Equity
As president of Wedbush Inc., Eric Wedbush directs the company’s strategic initiatives and serves on the board of directors.
The Money Book: Ira L. Tochner
Private Equity
Ira Tochner has been chairman of Simon Worldwide Inc. since April 2006. He serves as a director of TDS Logistics Inc., Ceiva Logic Inc., Pathmark Stores Inc., and Aloha Airlines.
The Money Book: Alex R. Soltani
Private Equity
Alex Soltani founded Skyview Capital in 2005 and is the chairman of the firm’s executive and investment committees.
The Money Book: Ronald Spogli
Private Equity
Before co-founding Freeman Ronald Spogli in 1983, Spogli was a managing director at Dean Witter Reynolds Inc.’s Los Angeles M&A department.
The Money Book: Peter Shoemaker
Private Equity
Peter Shoemaker has more than 25 years of experience investing in lower-middle-market companies.
Jakks Pacific Scores ‘Incredibles’ Licensing Deal with Disney
Santa Monica-based Jakks Pacific Inc. has secured a multiyear licensing deal with Walt Disney Co. to manufacture toys for “The Incredibles” animated movies franchise, the company announced Wednesday.
Report: L.A. Freeways Claim Five of Top 10 Traffic Jam Spots in Nation
Two L.A. freeways – the 101 and the 405 – claimed five of the top 10 traffic jam locations in the nation in a study released Tuesday on traffic hotspots in 25 major cities by transportation analytics firm Inrix.
The Money Book: Mitchell Julius
Investment Companies
Prior to forming Canyon Partners, Mitchell Julius directed a group of professionals responsible for a portfolio of distressed and special situation securities at Drexel Burnham Lambert.
The Money Book: Bradford Howe
Investment Companies
Bradford Howe began his career as a real estate investment banker with Kidder Peabody, then worked with Security Capital Group and Equity Group Investments prior to joining Lowe in 1999.
The Money Book: Kirk Helgeson
Investment Companies
Kirk Helgeson is responsible for overseeing all acquisition-disposition activity for American Realty Advisors’ investment portfolios.
The Money Book: Jeffery Gundlach
Investment Companies
DoubleLine Capital Chief Executive Jeffrey Gundlach was formerly the head of the $9.3 billion TCW Total Return Bond Fund.
The Money Book: David Fisher
Investment Companies
David Fisher is chairman emeritus of Capital Group International Inc.
The Money Book: T. Ritson Ferguson
Investment Companies
Ritson Ferguson is chief executive and chief investment Officer of CBRE Global Investors and chief executive of its equity securities management subsidiary, CBRE Clarion Securities.
The Money Book: Doug Foreman
Investment Companies
Doug Foreman joined Kayne Anderson Rudnick in 2011 as director of equities.
Greenberg Gross Adds Former Federal Prosecutor as Partner
Greenberg Gross of downtown added as partner Becky James, a former chief of criminal appeals in the Los Angeles U.S. Attorney’s Office, the firm said Wednesday.
The Money Book: Joshua Friedman
Prior to forming Canyon, Joshua Friedman was director of capital markets for high yield and private placements at Drexel Burnham Lambert.
The Money Book: Eric Freedman
Before joining U.S. Bank in 2016, Eric Freedman was chief investment officer, managing director, and global market strategist for Captrust Financial Advisors.
Silicon Beach Report Sept. 27: ‘Handmaid’s Tale’ Boosts Hulu Subscription Signups
‘Handmaid’s Tale’ boosts Hulu subscription signups, Vimeo acquires LiveStream and Cloud9 Esports raises $18.7 million.
The Money Book: Philip de Toledo
Investment Companies
Philip de Toledo, president of Capital Group, also serves as senior vice president of Capital International Inc.
The Money Book: Andy Carney
Investment Companies
Andy Carney began his career with JP Morgan Chase in 2003 as a district manager in Dallas. Since then, he has held various leadership roles.
The Money Book: Thomas Barrack Jr.
Investment Companies
Tom Barrack previously held the position of founder and executive chairman of Colony Capital Inc., predecessor to Colony NorthStar.
The Money Book: Mark Attanasio
Investment Companies
Mark Attanasio founded Crescent Capital after working at Drexel Burnham Lambert Inc. and an attorney at Debevoise & Plimpton. He is chairman and principal owner of the Milwaukee Brewers.
The Money Book: Timothy Armour
Investment Companies
Timothy Armour is chairman and chief executive of Capital Group; chairman and principal executive officer of Capital Research and Management Co. Inc., part of Capital Group; and chairman of the Capital Group Cos. management committee.
The Money Book: Paul Wachter
Family Offices & Wealth Managers
Paul Wachter played a hand in Beats being sold to Apple in 2014 and the Boston Red Sox being acquired by the Fenway Sports Group in 2002.
The Money Book: Michael Ryan
Family Offices & Wealth Managers
As chief investment strategist for UBS Wealth Management Americas, Michael Ryan is responsible for bringing together insights from multiple sources and positioning them so as to optimize impact for clients.
The Money Book: Rebecca S. Rothstein
Family Offices & Wealth Managers
Rebecca Rothstein began her career in financial services in 1987 and brought her team to Merrill Lynch in 2012.
The Money Book: John Reitnouer
Family Offices & Wealth Managers
With more than 30 years of experience, John Reitnouer is the portfolio manager responsible for guiding the planning process and implementing investment strategy according to each client’s objectives.
The Money Book: Marc Nathanson
Family Offices & Wealth Managers
Marc Nathanson is also chairman of Mapleton/RDS Real Estate and Falcon Waterfree Technologies, the largest water-free urinal manufacturer and distributor in the world.
The Money Book: Palmer Murray
Family Offices & Wealth Managers
Palmer Murray joined LourdMurray as a managing partner and co-chief investment officer in October 2012.
The Money Book: Bruce Munster
Family Offices & Wealth Managers
Bruce Munster is a managing director in the Los Angeles office of Merrill Lynch’s Private Banking and Investment Group.
The Money Book: Charles Munger
Family Offices & Wealth Managers
As vice chairman of Berkshire Hathaway, Charlie Munger is Warren Buffett’s right-hand man and investment partner. He is also chairman of Daily Journal Corp
The Money Book: Todd Morgan
Family Offices & Wealth Managers
Todd Morgan is a founding member of Bel Air Investment Advisors.
Cal State Dominguez Hills President Willie Hagan to Retire
Cal State Dominguez Hills President Willie Hagan announced Tuesday during convocation ceremonies that he will retire at the end of the 2017-18 academic year.
Tuesday, September 26
CFO Awards Honoree: Diane Holland
Custom Content from LABJ
Diane Holland is the Global Chief Financial Officer at POSSIBLE, a creative agency.
The Money Book: Mark Minichiello
Family Offices & Wealth Managers
Prior to joining Quincy Cass Associates, Mark Minichiello was a portfolio manager and member of the investment committee of the Occasio Fund.
The Money Book: Blaine Lourd
Family Offices & Wealth Managers
Blaine Lourd has been involved in the financial services business for more than 25 years.
The Money Book: Katharine (K.C.) Krieger
Family Offices & Wealth Managers
K.C. Krieger succeeded Marc A. Schwartz as chief investment officer of the Broad Foundations on Jan. 1, 2017.
The Money Book: Gregory Kushner
Family Offices & Wealth Managers
Gregory Kushner founded Lido Advisors, a registered investment adviser, in 1999 to provide financial solutions, multigenerational planning, and to act as chief investment officer for ultrahigh-net-worth investors and family offices
The Money Book: Richard B. Jones
Family Offices & Wealth Managers
Richard Jones focuses on asset allocation, trust services, and credit products, having worked in those areas since 1980.
The Money Book: Don Hankey
Family Offices & Wealth Managers
Don Hankey is chairman and primary stockholder of all Hankey Investment-controlled entities, including Westlake Financial Services.
The Money Book: Leo Grohowski
Family Offices & Wealth Managers
Leo Grohowski leads all investment strategy and investment management functions for BNY Mellon's wealth management organization, and is chairman of the investment policy committee.
Silicon Beach Report Sept. 26: AMC Invests $20 Million in Dreamscape Immersive
AMC invests $20 million in Dreamscape Immersive, Google acquires Bitium and PodcastOne employee says he was told to inflate download numbers.
The Money Book: Bob Graziano
Family Offices & Wealth Managers
Bob Graziano is responsible for corporate strategy and development of J.P. Morgan’s Private Bank in the Western Region, acting as senior adviser to clients, prospects, and colleagues.
The Money Book: Eric Gray
Family Offices & Wealth Managers
Eric Gray has been advising high-net-worth families for 25 years.
The Money Book: David Cohen
Family Offices & Wealth Managers
David Cohen has more than 25 years of principal investing experience in public and private securities, real estate, and private equity.
BMG Production Music Acquires Immediate Music
BMG Production Music has acquired Santa Monica independent production house Immediate Music, the companies announced Tuesday.
The Money Book: Li Yu
Commercial Banks
Li Yu is founder of Preferred Bank and has served as its chief executive since 1993.
The Money Book: Tim Wennes
Commercial Banks
Tim Wennes began his banking career in 1989 and joined Union Bank in 2008. He was named vice chairman in 2010 and assumed the role of West Coast president in July 2014.
The Money Book: W. Henry Walker
Commercial Banks
Henry Walker is also an executive officer of Queen City Investments, a multifaceted holding company that owns F&M Trust Co., California’s oldest chartered trust company.
The Money Book: Daniel Walker
Commercial Banks
Daniel Walker has been chairman of Farmers & Merchants Bank of Long Beach since March 2003 and chief executive since May 2012. His great-grandfather, C.J. Walker, founded the bank in 1907.
The Money Book: Matthew P. Wagner
Commercial Banks
Matthew Wagner is president of Pacific Western’s community bank division and serves as chief executive and a director for PacWest Bancorp.
The Money Book: Pin Tai
Commercial Banks
Pin Tai joined Cathay Bank in 1999 and has held positions including executive vice president, chief lending officer, and head of the bank’s New York and Eastern regions.
The Money Book: Steven W. Streit
Commercial Banks
Steven Streit brought reloadable prepaid debit cards to retail stores more than 15 years ago and Green Dot has since become one of the nation’s largest providers.
The Money Book: Alan Rothenberg
Commercial Banks
Alan Rothenberg founded independent First Century Bank in 2004, and has been chairman and chief executive since January 2008.
DLA Piper Poaches Sen. Kamala Harris’ Husband Douglas Emhoff from Venable
DLA Piper announced Monday the hiring of California Sen. Kamala Harris’ husband Douglas Emhoff, previously West Coast managing partner for Venable.
Colburn School Receives $1 Million Bequest from Iona Benson
The Colburn School has received a $1 million bequest from the estate of Iona Benson, a longtime volunteer, donor and former board member of the performing arts institution, located in downtown Los Angeles.
Hilton Foundation Earmarks $9 Million to Combat L.A. Homelessness
The Conrad N. Hilton Foundation has awarded $8.5 million over three years to support a Home for Good initiative at the United Way of Los Angeles to help end chronic homelessness in Los Angeles County.
The Money Book: Dominic Ng
Commercial Banks
Dominic Ng is the chairman and chief executive of East West Bank, a top performing commercial bank with an exclusive focus on the U.S. and Greater China.
The Money Book: David Misch
Commercial Banks
David Misch brought more than 30 years of banking and finance experience to Community Bank, with executive positions at the Private Bank of California, BNY Mellon Wealth Management, Mellon 1st Business Bank, and Mellon Bank.
The Money Book: Noor Menai
Commercial Banks
Noor Menai oversees CTBC’s U.S. operations including the bank’s commercial, industrial, and commercial real estate lending groups.
The Money Book: C.G. Kum
Commercial Banks
Chong Guk Kum became Hanmi Bank’s chief executive in 2013. Kum was formerly chief executive of First California Financial Group Inc., the holding company of First California Bank.
The Money Book: Steven Koh
Commercial Banks
Steven Koh became chairman of Bank of Hope on Aug. 1, 2016, after the merger of BBCN Bancorp Inc. and Wilshire Bancorp Inc. He had been a director and chairman of Wilshire Bank.
The Money Book: Kevin S. Kim
Commercial Banks
Kevin Kim became chief executive of Bank of Hope on Aug. 1, 2016, after the merger of BBCN Bancorp and Wilshire Bancorp.
The Money Book: Don M. Griffith
Commercial Banks
Don Griffith is a founder, chairman and chief executive of Grandpoint Capital Inc., the parent company of Grandpoint Bank.
The Money Book: Russell Goldsmith
Commercial Banks
Russell Goldsmith has served on City National’s board since 1978. He was named chief executive in 1995, and oversees RBC Wealth Management-U.S., a nationwide business.
The Money Book: David DiCristofaro
Commercial Banks
David DiCristofaro oversees more than 1,000 team members at nearly 60 Wells Fargo banking locations.
The Money Book: Dunson K. Cheng
Commercial Banks
Dunson Cheng served as chairman and chief executive of Cathay General Bancorp and chief executive of Cathay Bank from 1994 until 2016, when he retired from those roles and was named executive chairman
The Money Book: Richard K. Barnett
Commercial Banks
Richard Barnett has been the chief investment officer of Northern Trust’s Personal Financial Services - Western Region division since 2009.
The Money Book: Bita Ardalan
Commercial Banks
Bita Ardalan’s duties include business banking and middle-market commercial lending.
The Money Book: Raul Anaya
Commercial Banks
Raul Anaya serves as Bank of America’s enterprise leader for the greater L.A. region with direct responsibility for the bank’s global commercial banking group for the Pacific Southwest region, consisting of California, Nevada, Arizona, and Utah.
Monday, September 25
The Money Book: Ellen R. Alemany
Commercial Banks
Ellen Alemany joined CIT in November 2015 and is leading the company’s evolution as a national bank specializing in commercial lending, leasing, and advisory services to small businesses and middle-market customers
Newhall Ranch Developer Settles Environmental Suits for $25 Million
Newhall Ranch developer Five Point Holdings in Aliso Viejo and environmental and culture groups that had been locked in legal battles over the proposed Santa Clarita Valley project have settled, the parties announced Monday.
Silicon Beach Report Sept. 25: Video Game Voice Actors End 11-Month Strike
Video game voice actors end 11-month strike, Snapchat’s new augmented reality effect transforms the sky and OpenX acquires two advertising technology companies.
The Money Book: Mark Vidergauz
Investment Bankers
Mark Vidergauz advises public and private companies on a wide range of M&A and other corporate finance transactions across different branded consumer and retail industries.
The Money Book: Tom Turpin
Investment Bankers
Tom Turpin started his career in the corporate finance department at Goldman Sachs and spent 12 years as chief executive of several operating companies. He founded Riverbrook in July 2011.
Financial Partners Credit Union Acquires Star Harbor Federal Credit Union
Financial Partners Credit Union of Downey has acquired Star Harbor Federal Credit Union of Rancho Dominguez, the credit unions announced Monday.
The Money Book: Duane Stullich
Investment Bankers
Prior to co-founding FocalPoint Partners, Duane Stullich was a contributor to the establishment of the corporate finance department at Houlihan Lokey Howard & Zukin and a co-founder of Murphy Noell Capital.
The Money Book: Rajesh Sood
Investment Bankers
Rajesh Sood is head of debt capital markets at FocalPoint. He has served as lead adviser in raising senior and junior capital to support leveraged buyouts, growth and acquisition financing, and rescue financings
Report: Expanded Tax Credit Program Spurs California Film, Television Production
A 2014 bill to triple the size of California’s film and television production is showing signs of long-term success, according to a report from the California Film Commission released Monday.
The Money Book: Jonathan Sokoloff
Private Equity Firms
Before joining Leonard Green in 1990, Jonathan Sokoloff was a managing director at Drexel Burnham Lambert.
The Money Book: Mark J. Salter
Investment Bankers
Mark Salter has 19 years of investment banking experience, having financed and advised some of the world’s largest technology and internet companies.
The Money Book: Bryant Riley
Investment Bankers
Since founding B. Riley in Los Angeles in 1997, Bryant Riley has expanded the firm opportunistically into a broker dealer with offices in major U.S. financial markets.
The Money Book: Nishen Radia
Investment Bankers
Nishen Radia has more than 20 years of experience advising owners of middle-market companies on mergers and acquisitions, debt and equity recapitalizations, and financial restructurings.
The Money Book: Russ Nudelman
Investment Bankers
Russ Nudelman is a director in the investment banking department at Roth Capital Partners.
The Money Book: Ken Moelis
Investment Bankers
Prior to founding Moelis & Co. in 2007, Ken Moelis was president of UBS Investment Bank and joint global head of investment banking.
The Money Book: Andrew W. Kline
Investment Bankers
Andrew Kline oversees strategic development and execution for each of the clients engaged by Park Lane.
The Money Book: Martin Sarafa
Private Equity
Martin Sarafa helped start CPCP in 1999. He is responsible for sourcing, closing, and managing investments structured as leveraged recapitalizations, later-stage growth capital, and leveraged buyouts.
The Money Book: Jonathan Howe
Investment Bankers
Jonathan Howe is managing director and head of mergers and acquisitions in the Wedbush Securities Investment Banking Group
The Money Book: Jonathan Rosenthal
Private Equity
In 2007, Jonathan Rosenthal began to focus exclusively on principal investing in the corporate middle market, starting Saybrook Corporate Opportunity Funds, two institutional closed-end private equity vehicles for investing in complex control and noncontrol situations in the United States and Canada.
The Money Book: Bennett Rosenthal
Private Equity
Bennett Rosenthal serves as co-chairman of Ares Capital Corp. (ARCC).
The Money Book: David Herman
Investment Bankers
David Herman co-founded Chelsea Capital, a boutique investment banking firm. Chelsea was sold to Houlihan Lokey Howard & Zukin, where Herman became a director in the investment banking division.
The Money Book: Charles Roellig
Private Equity
One of the co-founders of the firm, Charles Roellig is responsible for sourcing, closing, and managing investments structured as leveraged recapitalizations, later-stage growth capital, and leveraged buyouts.
The Money Book: Lloyd Greif
Investment Bankers
Lloyd Greif has more than 35 years of investment banking experience, having been vice chairman and managing director of Sutro & Co. prior to founding Greif & Co. in 1992.
The Money Book: Peter Nolan
Private Equity
Peter Nolan founded Nolan Capital Inc. in 2014 as the holding company for his family office to make long-term investments in growth-oriented companies.
The Money Book: Andrew Nikou
Private Equity
Andrew Nikou is responsible for deal origination, M&A, operations, and for the overall management and strategy of OpenGate globally
The Money Book: Andrew Brandon Gordon
Investment Bankers
Andrew Brandon Gordon is head of Investment Banking, West Coast, for Goldman Sachs and is a co-chair emeriti of the Los Angeles County Museum of Art.
The Money Book: David McGovern
Private Equity
David McGovern founded Marlin in 2005 and serves as managing partner and chairman of the firm’s executive and investment committees.
The Money Book: Jim Freedman
Investment Bankers
Jim Freedman has more than 30 years of investment banking and corporate finance experience, and is an expert in the financial aspects of corporate strategy.
The Money Book: Jim McDermott
Private Equity
Prior to forming USRG in 2003, Jim McDermott started his career as a public power banker with First Boston’s municipal finance group in New York.
The Money Book: J. Christopher Lewis
Private Equity
Prior to co-founding RLH in 1982, J. Christopher Lewis worked for Bank of America.
Delta to Add Flights from LAX to Paris, Amsterdam
Delta Air Lines announced Monday it will launch nonstop service from Los Angeles International Airport to Amsterdam and Paris beginning in June, connecting Angelenos to Delta’s two largest partner hubs in Europe.
The Money Book: Lauren B. Leichtman
Private Equity
Lauren Leichtman is chief executive of Levine Leichtman Capital Partners Inc, the company she co-founded with her husband, Arthur Levine, in 1984.
The Money Book: David Kaplan
David Kaplan serves on several of the investment committees for certain funds managed by Ares.
The Money Book: Stanley Iezman
Private Equity
Stanley Iezman is responsible for the strategic planning and direction of all firm activities and a member of the firm’s investment and management committees.
The Money Book: Bill Hopkins
Private Equity
Prior to helping start Odyssey Investment Partners, BillHopkins was a member of the merchant banking group at GE Capital Corp.
The Money Book: Tom Gores
Private Equity
Tom Gores, who founded his private equity firm in 1995, owns the Detroit Pistons pro hoops franchise.
The Money Book: Alec E. Gores
Private Equity
Alec Gores became the first member of his family to graduate college, with a computer science degree from Western Michigan University.
The Money Book: Bradford Freeman
Private Equity
Prior to co-founding Freeman Spogli in 1983, Bradford Freeman was managing director of Dean Witter Reynolds Inc.’s L.A. corporate finance department and a member of its board.
The Money Book: Jose E. Feliciano
Private Equity
Jose Feliciano is a founding partner of Clearlake, formed in partnership with Reservoir Capital Group to pursue a hybrid strategy of investing across the capital structure.
The Money Book: Jon Danhakl
Private Equity
Jon Danhakl was a managing director at DLJ, where he worked extensively with Leonard Green as its lead investment banker.
The Money Book: Ron Burkle
Private Equity
Ron Burkle has been controlling shareholder of numerous companies, such as Alliance Entertainment, Golden State Foods, Dominick’s, Fred Meyer, Ralphs, and Food4Less.
The Money Book: Kevan Flanigan
Investment Bankers
Kevan Flanigan has more than 20 years of investment banking and financial advisory experience, assisting public and private entities throughout acquisition, capital raising, and divestiture processes
The Money Book: Geoff Bland
Private Equity
Geoff Bland is co-head and managing director of Wedbush Capital Partners, a lower-middle market private equity firm.
The Money Book: William Barnum
Private Equity
William Barnum joined Brentwood in 1984 and co-founded the firm’s private equity effort. He serves as a director of Excelligence Learning Corp., Lazy Dog Restaurants, Sundance Holding Co., Teaching Co., and Veggie Grill.
The Money Book: Dan Chen
Investment Bankers
Dan Chen brings more than 18 years of media and technology investment banking and private equity experience, having worked on transactions totaling more than $5 billion in value throughout his career.
The Money Book: Lee Bailey
Private Equity
Prior to joining U.S. Renewables Group, Bailey was a partner with Rustic Canyon Partners, where he focused on investing in energy-based companies.
The Money Book: Alexander L. Cappello
Investment Bankers
Alexander Cappello has led several public and private companies over the past 43 years. He is a director of Rand Corp.’s Center for Middle East Public Policy, the Center for Global Risk and Security, and the Russia Forum as well as director of the Cheesecake Factory Inc. and California Ethanol & Power.
The Money Book: Kevin Burke
Investment Bankers
Kevin Burke was previously with FMAC, Dillon Read & Co., and L.F. Rothschild & Co. He sits on the boards of several nonprofit, public service, and corporate entities.
The Money Book: Ryan Bernath
Investment Bankers
Ryan Bernath has nearly two decades of experience, having executed a wide range of merger and acquisition and corporate finance transactions for large-cap and middle-market companies.
The Money Book: Scott Berejikiam
Investment Bankers
Scott Berejikiam has been advising middle-market business owners in merger and acquisition transactions as well as private placements of debt and equity since 1998.
The Money Book: Scott Beiser
Investment Bankers
Before becoming chief executive, Scott Beiser led Houlihan Lokey’s infrastructure services and materials practice and has specialized expertise in investment banking services for engineering and construction businesses, including ownership and management transition programs, corporate acquisitions, divestitures, and leveraged recapitalizations.
The Money Book: Chris Bandouveris
Investment Bankers
Chris Bandouveris has advised business buyers and sellers in middle-market merger and acquisition transactions and private placements since 1992.
Saturday, September 23
Cases for Growth
Pelican Products boxes up new business with acquisitions.
Case maker Pelican Products has locked up acquisitions to feed its growth drive.
Local Leaders Can Still Make PLAs Work
Angela J. Reddock-Wright urges local leaders to work to retain project labor agreements.
Travel & Tourism’s Airborne Diplomacy
New flights between China and LAX underscore the financial opportunities taking wing.
Long Beach Project Generates Some Early Buzz
Development director touts mixed-use Broadway Block as guidance for city’s future.
A proposed mixed-use residential project for downtown Long Beach called Broadway Block is being talked up by the developer as well as a high-ranking municipal official well in advance of its expected appearance before the city’s Planning Commission.
Commercial Brokerages Added Value Last Year
REAL ESTATE: Top spot retained by CBRE Group. Total deals hit $94.9 billion.
Local commercial real estate brokerages had a boom year in 2016.
Snack Maker Gets Taste of Life With Amazon
This Bar Saves Lives picked by titan e-tailer for program to spur Marketplace sales.
This bar might soon save more lives.
Steven Spielberg Ups Role
Steven Spielberg will give his Amblin Partners direction after the chief exec’s departure.
New Publisher Content With Mag’s Coverage
MEDIA: Josef Vann plans to retain traditional focus while steering Los Angeles.
New Publisher Josef Vann says Los Angeles magazine won’t turn the page on its editorial history.
Deals & Dealmakers: Ad Tech Firm Nets $270 Million
Court Square financing gives System1 funds to add staff and develop products.
Silicon Beach continues to be a hot spot for deals, with Venice ad tech firm System1 announcing last week the completion of a $270 million financing round led by New York-based Court Square Capital Partners.
On the Go in L.A.: 121C
Startup 121C looks to get leg up with skateboards made with salvaged carbon fiber. By GARRETT REIM Staff Reporter
Ryan Olliges' startup, 121C Inc., was founded to exploit the market inefficiency, and has signed multiyear contracts with undisclosed local rocket manufactures to buy carbon scrap and recycle the material into skateboards and longboards.
On the Go in L.A.: Urb-E
Urb-E rolls out foldable electric scooter to cover ‘micro mile’ trips.
Urb-E hopes to help Angelenos cover more ground with its foldable electric scooters.
Student Loan Manager Holds $7M Round
Student loan management platform Tuition.io makes grade with $7 million B round.
Therapy Developer Attracts $8M
Fundraising round injects almost $8 million into ImaginAB’s coffers.
Another Chinese Airline Lands at LAX
Another Chinese airline plans to take wing at LAX in December.
Dole Food Will Trim Staff As Firm Prepares for IPO
Dole announces job cuts as the company moves forward on plans to go public.
Medical Center Nurses Startups
Cedars-Sinai says accelerator is about boosting technology not return on investment.
Cedars-Sinai Medical Center seeks healthy tech returns through startup accelerator.
Airport Seeks Lift From Ridesharing
Long Beach facility adds fees to help offset loss of revenue from decline in parked cars.
Rideshare fees will take off at Long Beach Airport to help offset dip in parking revenue.
Page 3: Longhorns, LBI & LACMA
Hand it to Beverly Hills all day long as a high-end draw – but give Texas credit for loyalty to longshots, at least based on reports from Gregg Davis, who let on that the Polo Lounge at the Beverly Hills Hotel was crawling with visitors from the Lone Star State before their Longhorns took on USC at the Coliseum.
Business Schools Reframe Degrees
Business programs are changing by degrees as schools look beyond providing just MBAs.
Old Town Offices Bloom in Pasadena
Sale of the AT&T building underlines the new interest in Old Town Pasadena office properties.
Northrop Takes One Giant Leap
Northrop Grumman could be circling more business with its deal for ATK Orbital.
L.A. Biotech’s Summer Sizzle
HEALTH CARE: Approvals, big deal boost sector’s local profile.
L.A.’s biotech sector shows signs of life with drug approvals and an $11.9 billion deal for Kite.
Friday, September 22
Blackstone Buys Burbank Media Office Portfolio for $1.7 Billion
New York City hedge fund giant Blackstone Group has bought a majority stake in several iconic buildings in Burbank’s Media District, according to the company.
Clippers Behind New NBA ‘Statement’ Jerseys
The National Basketball Association’s newest alternate uniform designs – unveiled this month in the lead-up to the 2017-18 season – originated in Los Angeles.
Silicon Beach Report Sept. 22: Hyperloop One Raised $85 Million at a Valuation of More Than $700 Million
Hyperloop One raised $85 million at a valuation of more than $700 million, Faraday Future cuts loose its Nevada factory and incentives and Stratolaunch megaplane fires all six engines for the first time.
Movers for Week Ending September 22, 2017
El Segundo-based technology manufacturer Aerojet Rocketdyne Holdings Inc. was this week’s biggest mover, gaining 19.63 percent to end at $33.89. Beverly Hills-based Live Nation Entertainment was also among this week’s biggest movers. The entertainment company gained 3.35 percent to end at $43.50. Venice-based technology and social media company Snap Inc. was this week’s biggest loser, dropping 10.16 percent to end at $13.70.
Ahmanson/UCLA Adult Congenital Heart Disease Center Earns Accreditation
A congenital heart disease center run by UCLA has just become the first nationally accredited center of its kind in Los Angeles, and the 11th in the U.S.
Two Million Could Lose Insurance Under Graham-Cassidy Health Care Bill; Hospitals Face Revenue Hit
The Graham-Cassidy health care bill to repeal the Affordable Care Act could strip an estimated 2 million residents in Los Angeles County of their health insurance, according to a UC Berkeley study.
Thursday, September 21
GenPop, Public House Create Finishing Fund for Sundance Hopefuls
Two L.A. production companies are joining forces to provide funding for filmmakers who are running out of cash to complete their entries for the 2018 Sundance Film Festival.
Silicon Beach Report Sept. 21: Tuition.io Raises $7 Million
Tuition.io raises $7 million, Snapchat’s new partners attach instant apps and games to ads, and Snap Spectacles hardware lab cuts jobs, as well as changes leadership.
Tuition.io Raises $7 Million
Student loan management program Tuition.io of Santa Monica announced Thursday it raised a $7 million Series B round.
Wednesday, September 20
Dole to Close Another California Berry Operation
Dole Food Co. Inc. in Westlake Village has announced another mass layoff relating to strawberries as the company continues to back out of its California berry operations.
Silicon Beach Report Sept. 20: Venice’s System1 Raises $270 Million
Venice’s System1 raises $270 million, SpaceX asks FCC to make exception for low-Earth satellites in subsidized internet program and Overwatch League announces three new teams.
Amblin Partners’ CEO Steps Down, Spielberg Steps In
Amblin Partners Chief Executive Michael Wright is stepping down and company Chairman Steven Spielberg will assume the role, Amblin announced Tuesday.
Mitú Adds Former Nickelodeon President as Chief Executive
Former Nickelodeon President Herb Scannell is taking over as Mitú’s chief executive.
Inglewood Biotech Firm Raises $8 Million
ImaginAb Inc., an Inglewood biotech firm that develops molecular imaging for cancer immunotherapy, has raised nearly $8 million in new capital, according to a recent Securities and Exchange Commission filing.
The Money Book: Eduard Bagdasarian
Investment Bankers
Eduard Bagdasarian is responsible for setting the firm’s vision and developing the strategy to execute it
The Money Book: Peter Adamson
Family Offices & Wealth Management
Peter Adamson manages the investment portfolios of Oprah Winfrey’s personal, corporate, and charitable entities.
Broad Museum Adds New Board Members
Downtown’s Broad museum has appointed four new members to its board of directors.
Tuesday, September 19
Silicon Beach Report Sept. 19: Snapchat Has Bigger Share of New Users in U.S., but Instagram Is Closing the Gap
Snapchat has bigger share of new users in U.S., but Instagram is closing the gap, SpaceX files paper for ‘Starlink’ constellation and Herb Scannell tapped as CEO of Mitu.
Venice’s System1 Raises $270 Million
Venice advertising technology firm System1 announced on Monday that it had completed a $270 million financing round led by New York-based Court Square Capital Partners.
San Pedro Ports O’ Call Shop Owners Protest Evictions
About 15 shop owners at San Pedro’s Ports O’ Call Village have filed a claim with the L.A. city clerk against the Port of Los Angeles over their pending eviction to make way for a new waterfront attraction, they announced Tuesday.
Foundations Pump $20 Million into L.A. Homeless Housing Loan Fund
Four foundations have loaned a total of $20 million towards an L.A. homeless housing loan fund, bringing the fund to $60 million, Mayor Eric Garcetti announced Tuesday.
Xiamen Airlines to Bring New China Route to LAX
China Xiamen Airlines is expected to announce once-a-week nonstop flights between Los Angeles International Airport and the northern Chinese port city of Qingdao in December.
Cedars-Sinai Welcomes New Class of Startups to Incubator Program
Cedars-Sinai Medical Center has welcomed 10 new startups to third iteration of its business incubator, the health care outfit announced Tuesday.
Brookfield Properties Bringing Amenities, Services Platform to Downtown Offices
Major downtown office space landlord Brookfield Properties, based in New York, announced this week it’s bringing the Convene “workplace-as-a-service” platform to its local properties.
Monday, September 18
Dole Food Dropping Strawberries Before Going Public; Considering Private Sale
As Dole Food Co. prepares to go public again, it has decided to make the transition without one of its local crops – berries.
Silicon Beach Report Sept. 18: Sixgill Raises $27.9 Million
Sixgill raises $27.9 million, Northrop Grumman to acquire Orbital ATK for $7.8 billion and Snapchat removes Al Jazeera channel from Saudi Arabia.
Los Angeles Magazine Names New Publisher
Los Angeles Magazine has named media veteran Josef Vann as its new publisher.
Friday, September 15
$280 Million for Union Bank Plaza
KBS Real Estate Investment Trust II recently struck a deal to sell its 40-story Union Bank Plaza building at 445 S. Figueroa St. in Downtown Los Angeles for $280 million, according to a U.S. Securities and Exchange Commission Report.
Silicon Beach Report Sept. 15: StartEngine Plans to Raise Money Through Crowdfunding
StartEngine plans to raise money through crowdfunding, Pelican Products unveils iPhone 8 and iPhone X cases and Snapchat expands Emmy Awards coverage under three-year deal.
Movers for Week Ending September 15, 2017
Commerce-based furniture maker Nova Lifestyle Corp. was this week’s biggest mover, gaining 26.36 percent to end at $1.39. Cloud-based learning and talent management solutions provider Cornerstone OnDemand Inc. was also among the week’s biggest movers. The Santa Monica-based company rose 19.81 percent to end at $41.07. Los Angeles-based online special-interest personal site operator Spark Networks Inc. was this week’s biggest loser, dropping 22.73 percent to end at $1.02.
Apparel Manufacturers Fined for Labor Violations
Fourteen garment manufacturers in Los Angeles were cited for labor law and garment registration violations, the California Labor Commissioner’s office announced on Thursday.
L.A. County Unemployment Rate Jumps to 4.8 Percent Amid Meager Job Gains
L.A. County’s unemployment rate rose to 4.8 percent in August from a historic low of 4.5 percent in July as more people hunted for work while the region’s job creation machine slowed.
New ICBM System On Firms’ Radar
Local facilities take aim at a bid to design the Air Force’s next ICBM system.
Farm Grows Big Giver
How money manager went from chicken manure to patron of arts
The charitable mind-set of TCW Group’s Marc Stern took root during his childhood on a New Jersey farm.
Licenser of Eatery Brands Links IPO to Crowd
DINING: Fat Brands plans to fill plate with $24 million through Regulation A+.
Fatburger owner Fat Brands will try to fill its platefrom crowdfunding with a Regulation A+ public float.
NASA Nominee Bodes Well For Entrepreneurs
Jim Bridenstine’s approach to space program may light fire under local businesses.
President Donald Trump’s nomination of Jim Bridenstine, a U.S. representative from Oklahoma, as the next administrator of NASA could bring a wave of business to Southern California aerospace companies.
Developer Touts Bull’s-Eye With Target’s Arrival
Century West Partners sees retailer bolstering its efforts with Koreatown residential.
Add retail to Century West Partners’ Koreatown portfolio now that one of Target Corp.’s smaller, urban-oriented stores is nearly ready to open.
Developer Rolls On Office Project
Luzzatto’s West L.A. building looks to get line on nearby Expo-Bundy light-rail station.
Luzzatto Co. aims to line up its office project with easy access to a West L.A. rail stop.
Newhall Ranch Splashed
development: Foes cite water table in latest lawsuit.
Newhall Ranch opponents float a new lawsuit based on the drought’s impact on the water table.
When Hollywood Calls the Cops
Producers of crime content collar actual police for use as consultants.
Some cop shows shoot for authenticity by using real police as advisers.
City May Belly Up To Drinks Counter
L.A. councilman pitches plan to speed up permitting for alcohol-serving businesses.
L.A. councilman looks to lower the bar on alcohol permits with a system to speed approvals.
Port Truck Battle Drives Off Costco
Costco steps into the driver classification fight at the ports, ending its relationship with a trucking firm.
Fight Smart Against Drug Scourge – Join the Club
The headline crawled across the screens of smartphones across the United States a few days ago, and most of us barely noticed: “CDC: Drug overdose deaths spiked 21% last year, 64,000 deaths.”
Counterpoint on Regulation in Harvey’s Wake
Best wishes to Florida, where the destruction wrought by Hurricane Irma reveals a state that shares an admirable propensity for enduring natural disasters on par with the blows that strike California from time to time.
Deals & Dealmakers: Clearlake Sells Off Another
Hot summer for firm rolls on with Calero transaction; new fund may be in cards.
Clearlake Capital Group continues to unload portfolio companies at a remarkable clip.
New Law Firm For Bill Cosby
Bill Cosby changes legal representation in sexual assault civil case.
Port Rises on Big Month
August buoyed the Port of Los Angeles with a near-record level of container volume.
Kaiser Taps School Chief
Kaiser Permanente turned to Harvard for the chief of its new medical school.
L.A. Officially Going For Gold as 2028 Host
Los Angeles officially rings up its Olympic victory to host the 2028 Summer Games.
Shapiro Shows, Tells
What do Vanna White and the horrors of drug abuse have in common?
County to Put In Order for Amazon
L.A. County leaders join forces to try and deliver Amazon.com a winning bid for a regional HQ.
Thursday, September 14
Silicon Beach Report Sept. 14: Hulu Content Spending to Hit $2.5 Billion in 2017
Hulu content spending to hit $2.5 billion in 2017, SpaceX reveals rocket landing blooper reel and Snapchat launches Bitmoji augmented reality feature.
$73.8 Million for Apartments, Retail in Monrovia
A 163-unit mixed-use apartment and retail property in Monrovia has sold for $73.8 million.
LAEDC Names Finalists for Business-Friendly City Honors
The Los Angeles County Economic Development Corporation on Thursday announced 10 cities in the county as finalists for its annual most business-friendly city award.
Braille Institute Receives Largest Donation in Organization’s History
A $5 million gift from a foundation associated with Forest Lawn Memorial-Parks & Mortuaries will help the Braille Institute of America offer free low-vision assistance across Southern California.
SoCal Universities Win $8 Million Grant to Develop Bionic Suit for Paralyzed Patients
People with paraplegia may someday be able to hit their stride in a so-called bionic suit thanks to an $8 million federal research grant to three Southern California universities, officials announced Wednesday.
Longtime American Jewish University President Robert Wexler to Step Down
Robert Wexler, who has helmed American Jewish University in Bel-Air for 25 years, is stepping down next June, the university announced Tuesday.
Wednesday, September 13
Bill Cosby Taps Downtown Law Firm for L.A. Civil Sexual Assault Case
Bill Cosby has hired high-stakes litigation law firm Greenberg Gross to represent him in a civil case stemming from accusations of sexual assault, according to documents filed Tuesday in Los Angeles Superior Court in Santa Monica.
Silicon Beach Report Sept. 13: AeroVironment Antennae Extends Range of Drones
AeroVironment antennae extends range of drones, JibJab launches camera sticker app and personalized cartoons with NFL and Happy Returns raises $4 million.
Cargo Volumes Rise at Ports of Los Angeles and Long Beach
Container volumes surged in August to near-record levels at the Port of Los Angeles, according to data released Wednesday.
L.A. Awarded 2028 Summer Olympic Games
It’s official: Los Angeles will host the 2028 Summer Olympic Games, marking the third time the city plays Olympic host.
Tuesday, September 12
County Looks to Lead on Amazon Headquarters Proposal
The Los Angeles Economic Development Corp. and L.A. County Board Chair Mark Ridley-Thomas want the county to spearhead regional efforts to attract Seattle-based Amazon Inc.’s second headquarters, according to a letter obtained Tuesday by the Business Journal.
Local Universities Move Up in National Rankings
L.A.’s major universities moved up in the latest national ranking released Tuesday from U.S. News & World Report, with the California Institute of Technology at No. 10 and UCLA and USC tied for No. 21.
Silicon Beach Report Sept. 12: Belkin Unveils Wireless Charging Pad For iPhone 8 and iPhone X
Belkin unveils wireless charging pad for iPhone 8 and iPhone X, The Africa Channel sets launch of subscription VOD service and SpaceX assessing if any damage was done to its Florida launch facility.
Wonderful Co. Acquires Pomegranate Grower and Distributor Ruby Fresh
West L.A.-based food and beverage outfit Wonderful Co. acquired Firebaugh-based pomegranate grower and distributor Ruby Fresh Inc. for an undisclosed sum, Wonderful announced Tuesday.
United Talent Agency Acquires Greater Talent Network
Beverly Hills-based United Talent Agency has acquired for an undisclosed sum New York’s Greater Talent Network speakers bureau in a move to stake its claim as the market leader in live speaking engagements.
Kaiser Appoints Harvard Pediatrics Professor to Lead Company’s New Pasadena Medical School
A new Kaiser Permanente School of Medicine in Pasadena has named an international leader in child, adolescent and family health to be its first chief executive and founding dean, Kaiser officials announced Tuesday.
Monday, September 11
UCLA Launches First-of-Its-Kind Stem Cell Trial to Combat Cancer
Scientists at UCLA have launched the first genetically engineered blood stem cell clinical trial to fight cancer thanks to $20 million in voter-approved funds earmarked for stem cell research, university officials announced Monday.
Silicon Beach Report Sept. 11: Elon Musk Reveals Complete SpaceX Spacesuit
Elon Musk reveals complete SpaceX spacesuit, The Guardian leaves Rubicon Project for OpenX and Wolfcom introduces new police camera.
Levine Leichtman Capital Partners Acquires Capsa Healthcare
Levine Leichtman Capital Partners, a private equity firm based in Beverly Hills, partnered with management to purchase Capsa Healthcare, a global provider of mobile workstations, medication management tools and pharmacy automation systems, company officials announced Monday.
Report: Hiring of LinkedIn Members in L.A. Area Up 1.5 Percent In August
Hiring of LinkedIn members in the Los Angeles area rose 1.5 percent in August from July levels, in line with the national average, according to a monthly report released late Friday from the business networking website.
Friday, September 8
Silicon Beach Report Sept. 8: Facebook Willing to Spend Up to $1 Billion on Content
Facebook willing to spend up to $1 billion on content, Snapchat to add college newspapers to Discover channel, and Virgin Galactic nears powered test flights of tourist Spaceship.
Phelps Agency Founder Joe Phelps Stepping Down as CEO
Phelps marketing agency founder Joe Phelps is stepping down as chief executive, moving to the chairman’s seat after 36 years at the helm.
Movers for Week Ending September 8, 2017
Culver City-based health care solutions developer NantHealth was this week’s biggest mover, gaining 54.89 percent to end at $4.12. Cadiz Inc. was also among this week’s biggest movers. The Los Angeles water supply company rose 21.13 percent to end at $11.75. Malibu-based toy designer and licenser Jakks Pacific was this week’s biggest loser, dropping 13.04 to end at $3.00.
Port of Los Angeles Extends Local Hiring Agreement
The Port of L.A.’s Board of Harbor Commissioners has approved a 10-year extension on a labor agreement that seeks to continue hiring workers from the harbor area and from high-unemployment communities in the city.
State Awards Nearly $1 Million to Pasadena Agency to Train Laid-Off Workers
The state Employment Development Department has awarded a $994,000 grant to the Pasadena Foothill Workforce Development Board to retrain 120 workers recently laid off in the region, the agency announced Thursday.
Hanging in L.A.
Cultural leaders tout Pacific Standard Time event as financial plus.
Museum and other nonprofit leaders frame the new Pacific Standard Time event as a tourism booster.
X Prize Marks $30 Million Spot on Moon
AEROSPACE: Competition launched private-sector push.
X Prize Foundation contest asks participants to get rolling on a robotic moon rover.
CIM’s City in Sight
REAL ESTATE: Downtown vision close to completion.
CIM Group’s downtown efforts took off after bagging a grocery store for the neighborhood.
Sales Technology Firm Rings Up More Business
Appetize expands list of convention centers using its flexible software systems.
Playa Vista point-of-sale technology company Appetize Technologies Inc. is expanding its convention center business.
Hotel Looks to Book Crowds From China
HOSPITALITY: Sheraton eyes San Gabriel Valley boom.
A Chinese developer checks in to the hotel business to serve the San Gabriel immigrant community.
Small Manufacturers Draw Large Interest
MANUFACTURING: Sector proves fertile in L.A. County.
Despite the sector’s struggles, deals are being put together for small companies.
Hospital Network Shifts ER Strategy
Providence St. Joseph creates outpatient center to handle patients with mental illness.
Medical network to launch an outpatient center to tend mentally ill ER patients.
M.B.A.s Fade Slightly Into Business Background
EDUCATION: Programs see decline in enrollment as new alternatives attract students.
Enrollment in master of business administration programs at Los Angeles County colleges and universities fell last year as students sought out cheaper alternatives, according to data from the Business Journal’s annual list of largest M.B.A. programs.
Deals & Dealmakers: Investor Folds in Mags
High Times owner Oreva Capital broadens stable with LGBTQ-focused Here.
There’s an upstart media mogul in Los Angeles.
UCLA, USC Hit Field With QB Marketing Hype
Bruins’ Josh Rosen shines in comeback; Trojans see big things for Sam Darnold.
Give the UCLA Bruins an early leg up on crosstown rival the USC Trojans, thanks to the sort of football win that could spur ticket sales, merchandise and sponsorships.
PAGA Victimizes Workers, Rewards Trial Lawyers
Tom Manzo warns that trial lawyers are exploiting workers and the Private Attorneys General Act.
Matter of Degrees – Why Education Matters
L.A. leaders can help future employees make the grade by supporting our local universities.
Software Maker Acquired for $128M
Financial software maker Velocify has been acquired by a mortgage industry firm in a $128 million deal.
Publisher Game For E-Sports Arena
Video-game publisher Activision Blizzard plans a stadium to score e-sports events.
Protein Bar Maker to Close Two Facilities, Cut 524 Jobs
Protein bar maker Quest Nutrition to shutter two facilities and lay off 524 workers.
Buyer Looks to IPO To Feed Brand Deal
Fatburger parent Fat Brands looks to add to its plate with the acquisition of Homestyle Dining.
PAGE 3: Dodgers Dip; Hanmi’s Risk; Tronc’s History Lesson
The Los Angeles Dodgers would have to stumble to historic lows to blow a playoff spot this year – and while it’s felt that way recently, the 21-game cushion the club built earlier in the season should hold up.
Investors Connect To Desert Pipeline
Shares of Cadiz surge after roadblock legislation falters, federal action boosts venture.
Cadiz’s shares climb after its pipeline project dodges a state bill and is buoyed by federal action.
Feeling Out Future
SynTouch’s robotic digit puts finger on items’ tactile data
SynTouch hopes to use its artificial finger to help businesses get a feel for items’ tactile quality.
Thursday, September 7
Silicon Beach Report Sept. 7: Activision Blizzard to Open Burbank E-Sports Arena
Activision Blizzard to open Burbank e-sports arena, SpaceX launches mysterious Air Force space plane ahead of Hurricane Irma and Maestro raises $3 Million.
Providence St. Joseph Health Consolidates 14 Hospitals in SoCal
Providence St. Joseph Health has consolidated 14 hospitals across Southern California under new leadership based in Los Angeles, within a new umbrella organization spanning Los Angeles, Orange and San Bernardino counties, officials announced Thursday.
Activision Blizzard to Open Burbank E-Sports Arena
Activision Blizzard of Santa Monica plans to open an e-sports arena in Burbank to play host to a variety of video game tournaments including the Overwatch Contenders Playoffs and Hearthstone Championship Tour in October, the company said Thursday.
Kids Dental Kare Sold to Western Dental Services
East Hollywood’s Kids Dental Kare has been sold to Western Dental Services Inc., one of the nation’s largest dental providers, company officials announced Thursday.
Pasadena Real Estate Firm Chief Appointed Ambassador to Croatia
Robert Kohorst, president and founder of Pasadena-based real estate firm Everest Properties, was appointed by President Donald Trump to serve as Ambassador to Croatia.
Clippers Unveil ‘Star Courtside’ Seats at $4,070 a Game
The Los Angeles Clippers announced Thursday they are selling eight “Star Courtside” seats at a reported $4,070 per game, or $175,000 for the season.
Quest Nutrition to Close L.A. Manufacturing Sites, Lay Off 524 Workers
Protein bars maker Quest Nutrition has filed a WARN notice signaling it plans to close two L.A. manufacturing facilities and lay off 524 employees.
Oreva Capital Acquires Here Publishing Inc.
Santa Monica’s Oreva Capital Corp. has funded a management buyout of Here Publishing Inc., owner of media brands catering to the LGBT community, including The Advocate and Out publications.
Wednesday, September 6
Fatburger Franchisor Fat Brands Inc. Plans Public Offering; Agrees to Acquire Homestyle Dining
Fatburger is getting a friend. The burger chain’s Beverly Hills-based parent company Fat Brands Inc. has agreed to acquire Plano, Texas-based restaurant franchisor Homestyle Dining for $10.6 million, the company announced on Wednesday.
OSI Systems Gets $21 Million Order from U.S. Customs and Border Protection
Hawthorne-based OSI Systems Inc. announced Wednesday that its security division was awarded a $21 million order from U.S. Customs and Border Protection as part of an ongoing inspection technology contract.
Silicon Beach Report Sept. 6: Otoy Plans to Raise $134 Million via Digital Token Sale
Otoy plans to raise $134 million via digital token sale, Hyperloop Transportation Technologies signs memorandum for system in India and SpaceX poised to launch Air Force X-37B before hurricane hits.
UCLA, Caltech, USC Fall in Research Universities Rankings
L.A.’s three major research universities – UCLA, California Institute of Technology and USC – have slipped slightly in an annual ranking from Times Higher Education, though UCLA and Caltech still rate in the top 25.
Tuesday, September 5
Silicon Beach Report Sept. 5: Velocify Acquired for $128 Million
Velocify acquired for $128 million, SpaceX’s Falcon Heavy completes first-stage test, and car shopping and lending app Fair launches in Los Angeles.
Velocify Acquired for $128 Million
Mortgage software developer Ellie Mae announced on Aug. 31 that it signed an agreement to acquire El Segundo’s Velocify, a developer of sales process management software, for $128 million in cash.
Cadiz Stock Soars 31 Percent After Bill to Stop Water Project Fails
Shares of downtown water company Cadiz Inc. soared 31 percent Tuesday on a double dose of good news: a bill aimed at stopping its desert water project failed to clear a Senate committee late Friday, and a federal agency signaled it may allow the proposal to move forward.
Feuding Attorneys To Settle Private Jet Litigation Out-of-Court
Feuding L.A. attorneys Brian Kabateck and Mark Geragos have agreed to drop their litigation over the use of a private jet they co-own and settle their dispute out-of-court, according to a court document made public Tuesday.
Cinedigm Sells Controlling Share to Bison Entertainment
Sherman Oaks’ Cinedigm Corp. has agreed to sell 20 million shares to Santa Monica-based Bison Entertainment Investment Ltd.
Spanos Family Gives $500,000 for Hurricane Harvey Victims
The Los Angeles Chargers and owners the Spanos family on Friday announced a $500,000 donation for Hurricane Harvey victims.
Friday, September 1
Silicon Beach Report Sept. 1: Tinder Top Grossing App
Tinder top grossing app, Overwatch League struggles to keep up with North American LCS and Apple eyes Culver Studio space for production.
Movers for Week Ending September 1, 2017
Los Angeles-based brewed soda manufacturer Reed’s was this week’s biggest mover, gaining 31.43 percent to end at $2.30. Kite Pharma was also among this week’s biggest movers. The publically held clinical stage biopharmaceutical company gained 28 percent to end at $178.05. Water supply company Cadiz Inc. was this week’s biggest loser, dropping 13.78 percent to end at $9.70.
NantHealth to Market Cancer Diagnostic Test Throughout Southeast Asia
NantHealth Inc. has made a muscular bid to expand across Southeast Asia to shore up lagging sales of its GPS Cancer diagnostic test.
Los Angeles Chamber Orchestra Gets Largest Gift in History
The Los Angeles Chamber Orchestra has received its largest-ever gift of $1.5 million from philanthropists Carol and Warner Henry.
More Litigation to Come After Beachbody Credit Card Renewal Settlement?
The settlement reached between the city of Santa Monica and Beachbody over the alleged practice of automatic credit card renewals may not be the last word in the dispute.
USC Testing New Ultrasound Tech for Breast Cancer Screening
The USC Norris Comprehensive Cancer Center is spearheading clinical trials of a new water mammogram technology for women with dense breast tissue.
South L.A. Medical Office Blossoms
HEALTH CARE: Kaiser Permanente says facility will serve members, community.
Kaiser Permanente to pursue healthy returns at South L.A. office.
Company’s Shares Ride Drone Buzz
Potential military deals help stock of drone maker AeroVironment take off.
PAGE 3: Kite’s Flight; LA Weekly’s Fate; Trebek’s Nit-Pick
A couple of members of our recently published LA 500 book of local influentials and a New Yorker with an eye for L.A. deals stood out among a coterie that stands to do awfully well on Gilead’s proposed $11.9 billion acquisition of Santa Monica-based Kite Pharma.
Long Beach Hotel Finds Buyer for $84.8 Million
New owner checks in to Westin Long Beach hotel with $84.8 million acquisition.
Lawsuit Takes Off Over Private Plane
Legal clash of high-powered lawyers for jet ownership may ground duo’s relationship.
Two high-powered attorneys and business partners hit turbulence over co-ownership of a jet.
Hotels May Book Records in 2018
Visitor numbers expected to climb despite international tourists’ presidential anxieties.
Local hotels should make room for more visitors in 2018, according to a city of L.A. agency.
Struggling Ambulance Companies See Hope in Rate Hike
To the Rescue?
L.A. ambulance businesses are pursuing a possibly life-saving rate hike from the city.
L.A., Local Businesses Marshall Defenses Online
City’s new Cyber Lab aims to spur information sharing about possible hack attacks.
Los Angeles Mayor Eric Garcetti didn’t exactly break ground with the launch earlier this month of Los Angeles Cyber Lab, a public-private data-sharing center in downtown that will work to alert local businesses and residents to cyberattacks.
Solid Infrastructure Growth
CONSTRUCTION: LAX project tops at $1.9 billion.
L.A. County’s building boom continues to gain ground with infrastructure and general projects.
Bakery Market Rises With Deal
MANUFACTURING: Buyer of BakeMark thinks national.
BakeMark USA’s baking products prove a hot acquisition target.
Deals & Dealmakers: Healthy Pharma Score
Kite boosts prognosis for L.A. action as Gilead puts $11.9 billion down for firm.
L.A.’s biotech industry has long occupied the No. 3 spot in the state rankings behind San Francisco and San Diego, but that doesn’t mean there aren’t deals to be had.
Beverly Hills Tries to Get Handle on Rent Control
Landlords, tenants in talks over stabilization ordinance enacted by city this winter.
Landlords and renters in Beverly Hills have gone through mediation sessions to try to hammer out an agreement for rent control in the city, but the two sides remain far apart on the issue.
Wholesaler Sold On Retail Gold
METALS: A-Mark looks to diversify with Goldline deal.
A-Mark looks to mine new customers and markets with its acquisition of Goldline.
Building Better Answers on Affordable Housing
Los Angeles could do more to build up affordable housing, writes City Controller Ron Galperin.
Word to the Wise in L.A.: Watch the Russell
Russell 2000 Index may offer a forecast as to where Donald Trump’s presidency will land the country.
Conventions
Upcoming Conventions
Calendar
Calendar of Events
Newly Merged Firm Springs Into Large Venture
Colony NorthStar plans trust holding $5.5 billion in commercial mortgages.
Colony NorthStar Inc. is flexing its postmerger muscles in a deal the real estate investment trust said would create the country’s second-largest publicly listed commercial mortgage REIT by equity value.
Who's Who in Real Estate: Tony Morales
Some local players share how they are working to power up downtown.
Who's Who in Real Estate: Carol Schatz
Some local players share how they are working to power up downtown.
Who's Who in Real Estate: Justin Weiss
Some local players share how they are working to power up downtown.
Who's Who in Real Estate: Ryan Aubry
Some local players share how they are working to power up downtown.
Who's Who in Real Estate: Jae Yoo, Brandon Gill
Some local players share how they are working to power up downtown.
Cedars-Sinai Puts Education Project Into Operation
Cedars-Sinai looks to nurse health delivery education with its new educational initiative.
TV Crews Take Focus
Creative Arts Awards Spread Emmys’ Spotlight
Creative Arts Emmys offer star status to the TV industry’s lesser-known and lesser-paid crews.
Building on Downtown's Revival
Special Report: Who's Who in Real Estate
Office, residential and hotel projects are helping keep downtown a center of attention.
Who's Who in Real Estate: Thomas Feng
Some local players share how they are working to power up downtown.